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Bullboard - Stock Discussion Forum Southern Pacific Resource Corp STPJF

Southern Pacific Resource Corp. is a Canada-based company, which is engaged in the thermal production of heavy oil in Senlac, Saskatchewan on a property known as STP-Senlac, and thermal production of bitumen on a property located in the Athabasca region of Alberta known as STP-McKay, as well as exploration for and development of in-situ oil sands in the Athabasca region of Alberta. Its STP... see more

GREY:STPJF - Post Discussion

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Post by prairieboy1 on Feb 15, 2014 6:12pm

More ICD Info

There are some good slides here with this info. I guess I'm wondering why it took them this long to deploy this technology, cost maybe? You can find all this stuff on the internet and according to the slides, it's been around quite a number of years for sure. Is there anyone here with more in-depth technical knowledge of SAGD process and troubleshooting? I am speculating that these inflow and outflow devices are not cheap to buy or deploy and I also wonder whose components did they get. I see Bake-Hughes, Schlumberger, and Haliburton so far. I do hope they are items that do not require very much maintenance, if any at all. Cost wise that is.... Here is a Baker-Hughs link..
Improved Management of SAGD Steam Chamber via Inflow Control ...
Comment by demarko on Feb 18, 2014 3:23pm
Hey thanks for the info. STP is listed a 62 top oil producer in ALBERTA. We have had some hicups etc. Guess we are waiting for the approval or regualtion for steam extraction? D
Comment by prairieboy1 on Feb 18, 2014 3:51pm
Hey Demarko, No, I think the next important news from stp is the results of installing the ICD components in the well pairs. That is what everything is hinging on for STP.
Comment by ShatnersRug on Feb 18, 2014 4:08pm
Indeed. The first test on 2P1 was a resounding success, DOUBLING production. (With more to come as conformance kicks in) Just sayin'.
Comment by demarko on Feb 18, 2014 5:24pm
Im thinking production will get a boost then in a few months is what Im guessing. Not bad to load up for any kind of run.
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