Light Oil – USA
QUICK FACTS
Land Holdings | 269,000 gross acres, 70% operated |
Production (Q3/2024) | 89,800 boe/d (82% liquids) |
eagle Ford
- Lowers cash cost structure, improves operating netbacks and margins
- Exposure to premium light oil U.S. Gulf Coast pricing
- Expect to bring 62 wells to sales (80% operated) in 2024.
2024 OPERATED ACTIVITY
- Expect to bring 45 Lower Eagle Ford and 4 Upper Eagle Ford wells onstream
- YTD 2024 realized an 8% improvement in drilling and completion costs per lateral foot over 2023