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

Peace River

  

Peace River Map

Quick Facts
Land Holdings 560 net sections
Production (Q1/2022) 13,500 boe/d
  • 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

Multi-lateral Well