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Bullboard - Stock Discussion Forum Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing... see more

TSX:OBE - Post Discussion

Obsidian Energy Ltd > Question about 03-27-082-15W5
View:
Post by JohnJBond on Jan 09, 2023 5:10pm

Question about 03-27-082-15W5

Do any of those who follow OBE have observations they can share about this well?

Image included below (hopefully)
Comment by JohnJBond on Jan 09, 2023 5:12pm
Apparently this site doesn't like pasted pictures.
Comment by kavern23 on Jan 10, 2023 10:44pm
Looks like another attempt at the clearwater in Seal. The well is diagonal from the Jan clearwater seal well that didnt up good. Maybe this current spot is the sweet spot and the other well was drilled to see edge of economic zone for land zones...for strategic reasons on land sales. Obe has seemed more concerned about adding to land they own before drilling more so that could be a good sign ...more  
Comment by JohnJBond on Jan 11, 2023 2:26am
Agreed Its got a lot of laterals - suggesting they drilled a producer  it's not mentioned in their presentation Very curious to see the results  As Baytex has recently shown there are  excellent Clearwater spots.  BTE found a very good Clearwater zone in peavine, not far away at all.    Anything close would be a game changer for OBE
Comment by kavern23 on Jan 11, 2023 9:00pm
33500-34000 boe should hit one of these months in 2023...first q
Comment by JohnJBond on Jan 11, 2023 9:41pm
Their earlier 2023 average was 37,000 - 38,000 If that is the mean we can guess what 2022 exit may of been.    
Obsidian Energy Ltd