BOE Intel Field Roundup – Marten Hills July 10, 2023from: https://boereport.com/2023/07/10/boe-intel-field-roundup-marten-hills/
Excerpted:
We thought it was high time to review recent activity in one of the WCSB’s most exciting fields: Marten Hills. Since Jan 1 2022, this Clearwater field has seen some of the most licensing activity of any area in Canada. This activity has been split between 5 producers, who have been competing to make the best of this exciting play. In fact, one section of the Marten Hills field saw licensing activity from 4 different producers in the past 18 months. In order to help our readers better understand recent activity in this field, we’ve performed a summary analysis. As a refresher on the major players in the Marten Hills field, check the map below for an illustration of which producers own mineral rights in the area as well as recent production from all wells across the field since January 2018.
. . . With respect to production from Marten Hills wells licensed since January 2022, Headwater and CNRL account for 9 of the top 10 wells with the 10th most productive well belonging to Tamarack Valley. With respect to May 2023 gross licensed production from wells licensed since January 1, 2022, Headwater tops all producers with almost 11,000 BOE/d. Tamarack and Spur are 2nd and 3rd, producing 8,365 and 6,224 BOE/d respectively. Spur’s production appears to have trailed off in 2023, which may be a result of spud activity that has trended downwards since 2021.
https://boereport.com/2023/07/10/boe-intel-field-roundup-marten-hills/