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The first well to be fractured in Canada was the discovery well of the giant Pembina oil field in 1953 and since then over 170,000 wells have been fractured. The Pembina field is a "sweet spot" in the much larger Cardium Formation , and the formation is still growing in importance as multistage horizontal fracturing is increasingly used.
With deepwater drilling rig rates in 2015 of around $520,000/day, [25] and similar additional spread costs, a deepwater well of a duration of 100 days can cost around US$100 million. [ 26 ] With high-performance jackup rig rates in 2015 of around $177,000, [ 25 ] and similar service costs, a high pressure, high-temperature well of duration 100 ...
Tricone rock bit. Well drilling is the process of drilling a hole in the ground for the extraction of a natural resource such as ground water, brine, natural gas, or petroleum, for the injection of a fluid from surface to a subsurface reservoir or for subsurface formations evaluation or monitoring.
Four years later, by which time Shell Canada had been wholly acquired by its parent, Royal Dutch Shell, the company applied to build a massive oil sands upgrading complex at the site of its Edmonton refinery. The project, which could cost as much as $27-billion, would be built in four 100,000-barrel-per-day (16,000 m 3 /d) stages.
Source: Newfield Exploration. Another company that has done a much better job at keeping costs down over the past year is Oasis Petroleum.The company was spending about $10.5 million per well ...
Canada's National Energy Program, which was announced just as prices peaked in 1980, imposed price controls on Canadian oil and further suppressed investment. In December 2005 Devon Energy started drilling the first offshore well in Canadian waters of the Beaufort sea since 1989, from the drilling rig SDC.
Oil sand tailings or oil sands process-affected water (OSPW), have a highly variable composition and a complex mixture of compounds. [4] In his oft-cited 2008 journal article, E. W. Allen wrote that typically tailings ponds consist of c. 75% water, c. 25% sand, silt and clay, c.2% of residual bitumen, as well as dissolved salts, organics, and minerals.
In June 2010, Apache Canada began drilling a horizontal well to tap the Lower Carboniferous Frederick Brook Shale, near Sussex, New Brunswick. Apache is in a joint venture with Halifax-based Corridor Resources Inc., which has extensive leasehold in the province. Corridor has drilled two vertical wells that tested gas from the Frederick Brook. [38]
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