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Top 25 Oil and Gas Companies That Have Decreased Their Inactive Well Licenses

Here is a list of the top 25 oil and gas companies with production in the Western Canadian Sedimentary Basin that have decreased their inactive well license counts from June to July 2023. This data is from the latest public data that is available.

The inactive well licenses per company include where they have partial ownership in a well up to 100% ownership. So if a company has a well with 100% ownership this is counted as one well licenese. If the same company has 50% ownership, it is still counted as one well, so in this scenario, this couple would own 1.5 well licenese, but it’s counted as 2.

CompanyGross Inactive License Count July 2023Gross Inactive License Count June 2023Inactive License Difference July vs. June 2023
WEST LAKE ENERGY CORP16141758-144
ISH ENERGY LTD13851456-71
TORXEN ENERGY LTD20692112-43
TEINE ENERGY LTD37033739-36
GEAR ENERGY LTD769792-23
PINE CLIFF ENERGY LTD12121234-22
IPC CANADA LTD13241337-13
TRIDENT RESOURCES CORP496508-12
MEG ENERGY CORP538548-10
NOVUS ENERGY INC223233-10
CRESCENT POINT ENERGY CORP53095318-9
TALLAHASSEE EXPLORATION INC644653-9
HARVARD RESOURCES INC527536-9
BARREL OIL CORP404413-9
KARVE ENERGY INC749757-8
FRANCO NEVADA CORPORATION420427-7
4G RESOURCES CORP416423-7
BLACK GOLD RESOURCES CORP416423-7
TANGEN POINT RESOURCES INC416423-7
1661873 ALBERTA LTD373380-7
CAPRICE RESOURCES LTD367374-7
FINCH ENERGY ONE CORPORATION355362-7
ABATIS EXPLORATION LTD355362-7
PEPPER ENTERPRISES LTD355362-7
WGH CAPITAL CORP355362-7

These are the top 5 companies that have decreased their inactive well licenses by the largest percentage month over month:

CompanyPercent Reduction
WEST LAKE ENERGY CORP-8.19%
ISH ENERGY LTD-4.88%
NOVUS ENERGY INC-4.29%
GEAR ENERGY LTD-2.90%
TRIDENT RESOURCES CORP-2.36%

If you would like to get the full list of the 968 companies that have production, please fill out the form below and you will get instant access. In addition you will receive an updated monthly active and inactive well list in addition to other information that you may find relevant.

If you need any wellheads, risers or piles call contact Innovative Well Abandonment at 1-844-428-8227 ext. 2.

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