Welcome to the Winfield Stock Hub
Engineering, procurement, construction & management of crude oil refineries.
Message: CAODC Tables from forecast
FORECAST 2008
October 29, 2007
2008 Total Number of Wells (Western Canada): 13,735
| QUARTER | ACTIVE RIGS** | FLEET | UTILIZATION** | OPERATING DAYS* |
| 2006 - 1st | 445 | 890 | 50% | 37,900 |
| 2006 - 2nd | 132 | 880 | 15% | 11,905 |
| 2006 - 3rd | 261 | 870 | 30% | 24,812 |
| 2006 - 4th | 344 | 860 | 40% | 27,023 |
| Average 2008 | 296 | 875 | 34% | 101,640 |
Historical Utilization
2005 |
2006 |
2007 |
||||||
Drilling |
Util. |
Wells |
Drilling |
Util. |
Wells |
Drilling |
Util. |
Wells |
505 |
69% |
21,999 |
501 |
63% |
22,127 |
348 |
40% |
16,232 |
|
Assumptions: WTI: $80.00/bbl (US$) NYMEX: $7.25/Mcf (US$) 7.4 days/well | ||
AECO: $6.50/Mcf (CD$) |
||
* Calculation based on spud to rig release data |
FORECAST 2007
October 29, 2007
Press Release - Revised 2007
2007 Total Number of Wells (Western Canada): 16,393
| QUARTER | ACTIVE RIGS** | FLEET | UTILIZATION** | OPERATING DAYS* |
| 2007 - 1st*** | 531 | 857 | 62% | 45,406 |
| 2007 - 2nd*** | 148 | 883 | 17% | 13,343 |
| 2007 - 3rd | 330 | 887 | 37% | 30,360 |
| 2007 - 4th | 350 | 8889 | 39% | 32,200 |
| Average 2007 | 340 | 879 | 39% | 121,309 |
Historical Utilization
2004 |
2005 |
2006 |
|||
Drilling |
Utilization |
Drilling |
Utilization |
Drilling |
Utilization |
439 |
63% |
505 |
69% |
501 |
63% |
|
Assumptions: WTI: $65.00/bbl (US$) NYMEX: $6.50/mcf (US$) 7.4 days/well * Calculation based on spud to rig release data |
Loading...
Loading...
New Message
Please
login
to post a reply