CE1 0.00% 0.8¢ calima energy limited

Ann: Production above 4,500 boed & Q1 2022 program commenced, page-20

  1. 1,577 Posts.
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    lol, sorry maxy

    ce1 have a permit from BC (British Columbia) OGC (oil and gas commission, who give permits) to snub into the the 2 montney horizontal wells drilled in winter 2019

    those 2 wells were drilled and completed, but capped off as they would be reopened later when production was ready

    now, to re-enter those wells to assess flow rates and prepare for production, they have to "snub in"
    which means use a rig to push pipe down the well, and connect to flare the gas and collect the liquids

    the snub shouldnt take long, maybe a week, and then the flow should quickly stabilise as the frac fluid will be well dispersed by now, so maybe a week or 2 of flow to stabilise and measure rates
    the gas will be flared, and condy trucked for sale
    BC OGC wont like them flaring too long either

    so with me guessing a 2-3 weeks work, and the permit extending to mid March, and not wanting an early thaw to disrupt things...
    you would think they might get moving pretty soon in the montney

    and they should have some good news to act on around march as well
 
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