The latest edition of News from the Oil Patch with Clarence Rye included a look-back at oil production in 2023.
Statistics from the year do show a downtrend in drilling, as Rye shared a total of ten verticals, 27 directionals, and 578 horizontal well applications, in relation to the past year's statistics showcasing things, "down from last years totals when 5 verticals, 34 directionals, and 700 horizontal wells had been licensed" according to Rye.
According to statistics released November 22, 2023, in September of 2023, Saskatchewan as a whole actually decreased oil production in the province compared to September 2022. As always, the Kindersley area is a big player when it comes to activity in the province, but they were among the places noticing production cuts with things decreasing by 0.4 per cent. That's a light figure compared to others, as in comparison Swift Current's production decreased by 7.5 per cent, and Lloydminster's production decreased by 7.1 per cent.
The government's only complete data available for the year has statistics for up to and including June 30, 2023. Only one gas well accounted for the 582 total during the first half of 2023, and then another nine helium sites, 5 non-abandoned and 4 abandoned.
2024's first edition of News from the Oil Patch with Clarence Rye can be found in the related articles below.
Wed, Jul 17, 7:30 PM
