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Peace River
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| Quick Facts | |
|---|---|
| Land Holdings | 560 net sections |
| Production (H1/2020) | 11,000 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
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