CC: Greenfire TARGETING 30 REFILL WELLS In Their Two Assets30 TARGET WELLS:
- 10 REFILL WELLS DRILLED in the Hangingstone EXPANSION asset - Initial Ten Refill Well Drilling Program Successfully Completed: Eight extended reach Refill wells were drilled at the Expansion Asset during 2023, with an additional two extended reach Refill wells drilled during the first quarter of 2024.
- 7 REFILL WELLS are TARGETED for the Hangingstone DEMO asset
Refill Drilling Program Launched: Seven extended reach Refill wells with lateral lengths averaging approximately 2,000 meters are in the process of being drilled. - To accommodate the Refill well drilling activities, producing wells across multiple adjacent pads are expected to temporarily operate at reduced productivity. Greenfire expects to complete the seven Refill well program by the second quarter of 2024.
- One extended reach Refill well has been successfully drilled to date, representing the first Refill (or infill) well drilled at the site since the Demo Asset was commissioned for SAGD in 1999.
- 13 REFILL WELLS are ON THE MENU for FUTURE CAPEX of WHICH 4 of these WELLS ARE WELL-PAIRS (INJECTOR + PRODUCER BOREHOLES)
- the 2,000 METER LATERALS at the Hangingstone DEMO asset are INDUSTRY-LEADING for the Alberta SAGD production sites
* Cenovus Energy, who is the SAGD LEADING OPERATOR; usually DRILLS their LATERALS at 1,600 meters
z173
Refill Drilling Program Launched: Seven extended reach Refill wells with lateral lengths averaging approximately 2,000 meters are in the process of being drilled. - To accommodate the Refill well drilling activities, producing wells across multiple adjacent pads are expected to temporarily operate at reduced productivity. Greenfire expects to complete the seven Refill well program by the second quarter of 2024.
- One extended reach Refill well has been successfully drilled to date, representing the first Refill (or infill) well drilled at the site since the Demo Asset was commissioned for SAGD in 1999.