Baytex has been producing in the Peace River area since 1999
Heavy oil asset, developed primarily via cold-flow horizontal multi-lateral wells targeting the Bluesky and Clearwater formations. This innovative drilling technique generates strong capital efficiencies
Strategic agreements with the Peavine Métis Settlement cover 80 sections of land directly to the south of our existing Seal operations.
Drilled 10 Clearwater wells at Peavine in Q1/2022, boosting field production to 8,000 bbl/d (from zero at the beginning of 2021)
Nine net Bluesky wells and 24 net Clearwater wells planned for 2022