Top 10 Companies With The Highest Producting Oil Wells In The Western Canadian Basin

Top 10 Companies With The Highest Producting Oil Wells In The Western Canadian Basin

Over the last few blog posts we have been looking at different production aspects of oil and gas companies that have operations in the Western Canadian Basin. For example, in one post we looked at the 10 largest producing new oil wells in 2020.

In this weeks post we are looking at the top 10 companies by highest oil production on a per well basis.

Below you will see the top 10 oil weighted companies companies and what they produce on a per well basis.

CompanyBOED/Well
TOTAL E&P CANADA LTD648
SERAFINA ENERGY LTD524
BP CANADA ENERGY COMPANY498
SUNCOR ENERGY INC457
OSUM OIL SANDS CORP438
CANADA OIL SANDS CO LIMITED376
CNOOC PETROLEUM NORTH AMERICA ULC311
MEG ENERGY CORP236
VICEROY CANADIAN RESOURCES CORP223
EVEREST CANADIAN RESOURCES CORP223

The following information shows the amount of wells these companies have:

CompanyNumber of Producing Wells
TOTAL E&P CANADA LTD111
SERAFINA ENERGY LTD38
BP CANADA ENERGY COMPANY55
SUNCOR ENERGY INC543
OSUM OIL SANDS CORP43
CANADA OIL SANDS CO LIMITED48
CNOOC PETROLEUM NORTH AMERICA ULC152
MEG ENERGY CORP365
VICEROY CANADIAN RESOURCES CORP0.2
EVEREST CANADIAN RESOURCES CORP4

This information comes from XI Technologies AssetBook.

The parameters on these companies are that they are mostly oil weighted, meaning that their production is 90% or greater weighted towards oil production.

In fact, these top 10 companies, on average, derive 99% of their production from oil only. The other thing you will probably notice is that the majority of these companies get the majority of their production from oil sands.

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