March’s WCSB well count of 466 was 51% lower than February’s numbers, marking the annual spring breakup slowdown. Drilling activity was 29% lower than in March 2018. For the third month running, the McMurray was the most drilled zone with Syncrude replacing Suncor as the busiest operator. Despite the overall activity decrease, Montney and Duvernay drilling remained consistent month-to-month.
Subscribe to the Digest Today!
The Digest suite, published by CDL’s intelligence division, provides industry-leading E&P research, technical analysis and reporting to help you perform to your potential!
- Comprehensive – our analysts track all activity across Western Canada and beyond
- Focused – resource plays, oil sands, heavy oil, exploratory discoveries and technology trends
- Technical Excellence – in-depth analytics and interpretation by seasoned professionals
- Digestible – concise technical writing, quality illustrations, summary tables and graphs