Hastings: Frobisher

The Frobisher conventional light oil play in southeast Saskatchewan delivers some of the best economics in the Western Canada Sedimentary Basin. Its low-risk (infill) drilling inventory, attractive well economics, high netbacks and low decline profile result in robust capital efficiencies and free cash flows. Vertical wells in the Frobisher have been produced since the 1950s, and production was rejuvenated with horizontal drilling beginning in the 1990s. Hydraulic fracturing is not required, making economic margins more attractive. 

Play Synopsis

Province:
Saskatchewan
Formation:
Frobisher
Average Porosity:
13%
Completion Type:
Open hole
Depth:
1200m
Fluid:
Oil, 36 API
Lithology:
Carbonate
Water Saturation:
40%
Type Well EUR:
75 mboe
Type Well IP90:
110 boed