Click here to view this data in an advanced geospatial platform that is instantly available free of charge to guest users of geoLOGIC’s gDC Cloud ➡️: https://lnkd.in/gwnTTWtC. To gain unlimited access to view more details on current and upcoming activity in the Kakwa area and beyond, register for a free Starter Plan account here: https://lnkd.in/gRU8As8i Persistently low natural gas prices have operators shifting well licensing and drilling activity to liquids- rich formations in Alberta, with the Kakwa region situated in the northwest between Grande Prairie and Whitecourt a main focus for development. The Kakwa area has seen 740 wells drilled year to date, with 312 wells targeting the Montney and 110 wells targeting the Duvernay. The remaining 318 wells include multilaterals projects and conventional Deep Basin development. Veren Inc. has been the top Kakwa operator in 2024, with Canadian Natural Resources Limited, Tourmaline Oil Corp. and ARC Resources Ltd. following closely behind. Operators are also making a quicker turnaround on licences as they shift drilling from dry gas areas to the Kakwa area, with 801 wells licensed to date in 2024 and nearly half of those (367) already being drilled. A total of 555 wells were brought on production at Kakwa so far this year, which included 294 Montney wells and 92 Duvernay wells. 📖 Continue reading here: https://lnkd.in/ghFM3kbQ If you have questions about how you can use gDC Cloud to enable your workflows, email us at 📧 gDCCloud@geologic.com or call Eric Trouillot directly at 📞 403-444-1656. #cloud #clouddata #oilandgas #energy #analysis #insights #oilgas #naturalgas #Kakwa #wells #drilling
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