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Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > Wapiti 15 wells (Technical Question for the Board)
View:
Post by MyHoneyPot on Jun 25, 2021 11:19am

Wapiti 15 wells (Technical Question for the Board)

Wapiti, POU drilled two monoboe wells at Wapiti an they deemed them successful.

Monoboe wells
  • Reduce Cost
  • Improve hold diameter
  • Cheaper
  • Faster
  • Require smaller rigs
If someone could elaborate more on the use of a monoboe approach, it would be great to know. Is it reliable, will it reduce well costs and by how much, will it reduce completion costs?

Thanks

IMHO
Comment by RookieReturns on Jun 25, 2021 7:11pm
HP sauce, you've probably seen this already but if you haven't... https://connect.spe.org/HigherLogic/System/DownloadDocumentFile.ashx?DocumentFileKey=b1bed7c0-37d6-a5e7-ca6a-4f672166d637&forceDialog=1
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