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.
|TOTAL E&P CANADA LTD||648|
|SERAFINA ENERGY LTD||524|
|BP CANADA ENERGY COMPANY||498|
|SUNCOR ENERGY INC||457|
|OSUM OIL SANDS CORP||438|
|CANADA OIL SANDS CO LIMITED||376|
|CNOOC PETROLEUM NORTH AMERICA ULC||311|
|MEG ENERGY CORP||236|
|VICEROY CANADIAN RESOURCES CORP||223|
|EVEREST CANADIAN RESOURCES CORP||223|
The following information shows the amount of wells these companies have:
|Company||Number of Producing Wells|
|TOTAL E&P CANADA LTD||111|
|SERAFINA ENERGY LTD||38|
|BP CANADA ENERGY COMPANY||55|
|SUNCOR ENERGY INC||543|
|OSUM OIL SANDS CORP||43|
|CANADA OIL SANDS CO LIMITED||48|
|CNOOC PETROLEUM NORTH AMERICA ULC||152|
|MEG ENERGY CORP||365|
|VICEROY CANADIAN RESOURCES CORP||0.2|
|EVEREST CANADIAN RESOURCES CORP||4|
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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