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  1. Market Data
May 13, 2022

Greater Sawn (Surge Energy Inc.) AB Conventional Oil Field, Canada

By Carmen

Greater Sawn (Surge Energy Inc.) AB is a producing conventional oil field located onshore Canada and is operated by Surge Energy.

Field participation details

The field is owned by Surge Energy.


Production from Greater Sawn (Surge Energy Inc.) AB

The Greater Sawn (Surge Energy Inc.) AB conventional oil field recovered 16.05% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 5.17 thousand bpd of crude oil and condensate, 2 Mmcfd of natural gas and 0.26 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2061.


Remaining recoverable reserves

The field is expected to recover 29.88 Mmboe, comprised of 27.05 Mmbbl of crude oil & condensate, 12.74 bcf of natural gas reserves and 0.7 Mmbbl of natural gas liquid reserves. Greater Sawn (Surge Energy Inc.) AB conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Surge Energy

Surge Energy Inc (Surge) is an oil and gas company that offers acquisitions, exploration and production of crude oil and natural gas reserves. The company provides risk management and risk development drilling services. It’s oil and natural gas producing properties include Shaunavon and Dodsland and Forgan properties in Saskatchewan; the Wainwright, Eyehill, Provost, and Silver properties in Southeast Alberta; the Valhalla or Wembley, Nipisi and Windfall properties in Western Alberta, and the Manson and Macoun properties in Williston Basin. The company has operations throughout the US and Canada. The company also initiates on-going risk management and hedging program designed to protect cash flows, fund capital expenditures, and to pay dividends. Surge 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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