Operating Areas

Our crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster).

PRODUCTION BREAKDOWN

2025 GUIDANCE

PRODUCTION BY REGION

2025 GUIDANCE

PROVED + PROBABLE RESERVES

660 MMBOE (1)

Peace River / Peavine Duvernay Lloydminster Viking Eagle Ford

Baytex
Core Areas

(1) Baytex’s year-end 2023 reserves were evaluated by McDaniel & Associates Consultants Ltd. (“McDaniel”), an independent qualified reserves evaluator, in accordance with National Instrument 51-101 “Standards of Disclosure for Oil and Gas Activities” (“NI 51-101”).