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

Peace River

  

Peace River Map

Quick Facts
Land Holdings 562 net sections
Production (Q1/2021) 14,300 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
  • Approximately 4 net wells planned for H2/2021
  • Q1 2020 Strategic agreement with Peavine Metis settlement with first exploratory well in Q1 2021

Multi-lateral Well