Alberta: Shale oil well cased to TD for evaluation

By OGJ editors

Private companies have set casing to 8,700 ft total depth at a shale oil well in an undisclosed area of Alberta, said Petsec Energy Ltd., Sydney.

The well was extensively logged, and cores were taken for use in detailed petrophysical and geochemical evaluations expected to last 3-4 months.

Petsec paid 35% or about $700,000 of the cost of the initial well and has the right to elect to participate in the drilling of as many as three optional wells to earn a 24.5% working interest in 17,280 acres of leases.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...