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December 7, 2021

Clearwater (Cenovus Energy Inc.) Unconventional Gas Field, Canada

By Carmen

Clearwater (Cenovus Energy Inc.) is a producing unconventional gas field located onshore Canada and is operated by Cenovus Energy.

Field participation details

The field is owned by Cenovus Energy.


Production from Clearwater (Cenovus Energy Inc.)

The Clearwater (Cenovus Energy Inc.) unconventional gas field recovered 27.53% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 2.83 thousand bpd of crude oil and condensate, 141 Mmcfd of natural gas and 11.9 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042.


Remaining recoverable reserves

The field is expected to recover 112.65 Mmboe, comprised of 6.14 Mmbbl of crude oil & condensate, 422.84 bcf of natural gas reserves and 36.03 Mmbbl of natural gas liquid reserves. Clearwater (Cenovus Energy Inc.) unconventional gas field reserves accounts 0.09% of total remaining reserves of producing unconventional gas fields globally.


About Cenovus Energy

Cenovus Energy Inc (Cenovus) is an integrated energy company, which explores for, develops, produces and markets crude oil, natural gas liquids (NGLs) and natural gas. It focuses on the reserves of conventional assets and oil sands in the Athabasca region of northeastern Alberta and British Columbia. The oil sands assets of Cenovus include producing fields such as Foster Creek, Christina Lake, Narrows Lake and other projects under development. The company also has deep basin assets in Elmworth-Wapiti, Kaybob-Edson, and Clearwater operating areas. It also conducts marketing and owns interests in refineries such as Wood River in Illinois and Borger in Texas, the US. Cenovus is headquartered in Calgary, Alberta, Canada.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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