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  1. Market Data
May 4, 2022

Southwest Saskatchewan (Crescent Point Energy Corp) SK Unconventional Oil Field, Canada

By Carmen

Southwest Saskatchewan (Crescent Point Energy Corp) SK is a producing unconventional oil field located onshore Canada and is operated by Crescent Point Energy.

Field participation details

The field is owned by Crescent Point Energy.


Production from Southwest Saskatchewan (Crescent Point Energy Corp) SK

The Southwest Saskatchewan (Crescent Point Energy Corp) SK unconventional oil field recovered 75.03% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 38.75 thousand bpd of crude oil and condensate, 16 Mmcfd of natural gas and 0.35 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.


Remaining recoverable reserves

The field is expected to recover 39.42 Mmboe, comprised of 32.93 Mmbbl of crude oil & condensate, 33.67 bcf of natural gas reserves and 0.87 Mmbbl of natural gas liquid reserves. Southwest Saskatchewan (Crescent Point Energy Corp) SK unconventional oil field reserves accounts 0.05% of total remaining reserves of producing unconventional oil fields globally.


About Crescent Point Energy

Crescent Point Energy Corp (Crescent Point) is an independent oil and gas company that acquires, explores for and develops oil and gas properties. Its portfolio of products includes light and medium crude oil, heavy crude oil, tight oil, natural gas liquids, shale gas and conventional natural gas. The company has interest in light and medium oil and natural gas reserves in Western Canada and the US. Crescent Point has crude oil and natural gas properties in Alberta, Saskatchewan and Manitoba provinces in Canada; and Montana and North Dakota in the US. The company’s portfolio of assets includes the Viewfield Bakken, Torquay, Shaunavon and North Dakota basin. Crescent Point 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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