• Baytex Energy Corp.
  • BTE (TSX)
  • Baytex Energy Corp.
  • BTE (NYSE)
  • Baytex Energy Corp.
Baytex Energy Corp.

Lloydminster

  

Lloydminster Map

Quick Facts
Land Holdings 571 net sections
Production (Q4/2018) 12,000 boe/d
  • Baytex has been producing in the Lloydminster area since 1993
  • Low cost, long-life conventional heavy oil development from the Mannville group of formations, extracted using a combination of vertical and horizontal drilling, waterflooding, SAGD and, more recently, polymer flooding
  • The use of multi-lateral drilling techniques is expanding, showing an approximate 20% improvement in capital efficiencies
  • Average well cost is $0.75 million with IP30 rates of approximately 70-80 bbl/day
  • Annual capital efficiency is approximately C$12,000/boe/d
  • Completed expansion of Kerrobert thermal project increasing productive capacity to ~ 2,000 bbl/d in Q4/2018

Lloyd 3D Model