Oct 4, 2017 · Located roughly between Alberta’s Nipisi Lake and an area called Marten Hills, the drilling rights going for sale fall within the Clearwater shale and sandstone formation, with pockets of oil...

Nov 13, 2021 · But there is a new kid on the block in the Western Canadian Sedimentary Basin – the Clearwater heavy oil play. The Clearwater started to make waves in 2019 as production grew from 5,000 bbl/d to over 15,000 bbl/d.

Sep 25, 2019 · In four short years, the Clearwater cold flow heavy oil play at Marten Hills and Nipisi has gone from interesting land sales to producing over 14,000 bopd. Over 6 mmbo have been produced to mid-July 2019. The main players are Spur and Deltastream, with Highwood, Cenovus and CNRL also active (map).

Sep 12, 2022 · Calgary-based Tamarack Valley Energy Ltd will acquire Deltastream Energy Corp in a CAD$1.425-billion (nearly US$1.1 billion) deal that renders it the largest producer in the Clearwater...

Apr 30, 2020 · The Clearwater is complex, and understanding the variations and interplay of oil and reservoir quality oil is important to ensure strong productivity as the play progresses. The key productivity factors include reservoir quality, oil quality and well design.

Clearwater parasequences are largely overlooked in the Western Canada Sedimentary Basin when prospecting for oil. However, careful mapping and the application of modern multi-lateral horizontal drilling techniques are rapidly turning this repeatedly by-passed zone into a prominent oil resource play.

The Clearwater is complex, and understanding the variations and interplay of oil and reservoir quality oil is important to ensure strong productivity as the play progresses. The key productivity factors include reservoir quality, oil quality and well design.

Sep 25, 2019 · In four short years, the Clearwater cold flow heavy oil play at Marten Hills and Nipisi has gone from interesting land sales to producing over 14,000 bopd. Over 6 mmbo have been produced to...

Mar 13, 2020 · The emerging play in the Lower Cretaceous Clearwater and Spirit River Formations in central Alberta, Canada continues to draw attention and capital based on early production results, it’s competitiveness and perceived scalability.

The communities came together to acquire oil and gas midstream infrastructure in the Marten Hills and Nipisi areas of the Clearwater play in Northern Alberta. This is the first-ever Indigenous loan guarantee with an exploration and production company.