Chevron plans wells for Fort Liard - October 05, 2003

Providing coverage of Alaska and northern Canada's oil and gas industryOctober 2003

Vol. 8, No. 40

Week of October 05, 2003

Chevron plans wells for Fort Liard

Gary Park

Petroleum News Calgary correspondent

Chevron Canada Resources has scheduled two development wells for 2004 on its Fort Liard natural gas property in the lower Northwest Territories, says minority partner Purcell Energy.

The wells are follow-ups to the 2K-29 well drilled this year that has been producing 25 million cubic feet per day since May. They will be directionally drilled from the existing K-29 and M-25 well sites. Raw gas production from four Fort Liard wells is now about 83 million cubic feet per day, of which 58 million is sales gas.

Purcell, which has a 24 percent interest in the development wells, currently has net Fort Liard output of about 15 million cubic feet per day, a 30 percent gain from the first quarter.

Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E

Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)�1999-2019 All rights reserved. The content of this article and website may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law.