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

Peace River

  

Peace River Map

Quick Facts
Land Holdings 725 net sections
Production (H1/2019) 17,000 boe/d
  • Baytex entered the Peace River area in 1999, and has grown production from zero to current rates
  • Heavy oil asset, developed primarily via cold-flow horizontal multi-lateral wells targeting the Bluesky formation
  • Typical well design is 12 mile-long laterals per well, sometimes augmented with several shorter laterals. This innovative drilling technique generates strong capital efficiencies
  • 2018 program (eight wells including two wells deferred to Q1/2019) generated 30-day IP rates of ~700 boe/d
    per well

Multi-lateral Well