• Baytex Energy Corp.
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  • Baytex Energy Corp.
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  • Baytex Energy Corp.
Baytex Energy Corp.

Viking

  

Viking Map

Quick Facts
Land Holdings 640 net sections
Production (Q1/2019) 23,400 boe/d (1)
(1) Excludes Viking Heavy Oil 
  • Baytex entered the Viking area in August 2018, following a strategic combination with Raging River Exploration Inc.
  • Shallow (700m), Light oil (36° API) resource play
  • Strong netback – estimate $30/boe field netback at US$52/bbl
  • Short cycle, fast pay-outs – spud to producing oil is ~20 days
  • Extended Reach Horizontals are enhancing returns and extending the runway
  • Steady pace of development in Q4/2018 with 5 drilling rigs and 1.5 frac crews executing our program