Vital Energy Provides Lampman New Drill Results

Source: www.gulfoilandgas.com 10/5/2021, Location: North America

Vital Energy Inc. is pleased to announce that three (3) horizontal wells have been successfully drilled and completed in Q3 2021 in Lampman, SW Saskatchewan, on a multi-well pad (01-04-006-05W2). The completed formation is in the Frobisher zone.

From August 29th to now, the three (3) horizontal wells (HZ C7-4, HZ C8-4 and HZ D8-4) total average daily oil production has stabilized at approximately 630 barrels per day. The average water cut (BS&W) is approximately 13% and the oil’s API is 32.5 (sweet light oil).

The three (3) wells are pipelined to an adjacent third-party oil battery. All three (3) Pump Jack wells include equipment with electric motors with electric power supplied by the SaskPower grid in the area. As a result, lower maintenance costs are anticipated which should significantly improve field netbacks.

Vital is the Operator of the three (3) wells in the Lampman area and maintains a 100% working interest.


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