The rise, and perhaps fall, of fracking in southeast Saskatchewan? Crescent Point starts drilling Viewfield Bakken wells without fracking them

The rise, and perhaps fall, of fracking in southeast Saskatchewan? Crescent Point starts drilling Viewfield Bakken wells without fracking them

CALGARY – If you were to ask someone what two technologies resulted in Saskatchewan’s “Bakken Boom,” the answers would surely be horizontal drilling and multi-stage fracking. Occasionally more legs, but especially more frac stages, were key.
It now appears that Crescent Point Energy Corp., which, through dozens of acquisitions, consolidated most of the Viewfield Bakken, is experimenting with moving away from fracking in that play.

Prairie Lithium converts exploration permits to lithium leases, working on delineating resource in SE Sask

Prairie Lithium converts exploration permits to lithium leases, working on delineating resource in SE Sask

EMERALD PARK – When you’re first exploring for minerals in Saskatchewan, you take out an exploration permit on the lands you’re looking at. And when you’re serious about doing something with those lands, you convert those lands into leases. This is typically done by drilling a well.
But before you get into a major, multi-well drilling program, it’s important to delineate your resource, figuring out just how far out your resource extends. Is it a one-well wonder, or prolific?
These are all things Prairie Lithium Corporation is doing right now in the Torquay area, seeking to develop lithium from brines deep in Saskatchewan’s sedimentary geology.  

Devine’s Upgraders, Part 6: Were the Lloydminster and Regina upgraders enormous money losers, or huge successes? The conclusion

Devine’s Upgraders, Part 6: Were the Lloydminster and Regina upgraders enormous money losers, or huge successes? The conclusion

For all the political strife over cost overruns of the two projects as they were built, and their initial struggles, the added provincial royalties in the 21st century made up for that in spades. And the further investment in northwest Saskatchewan’s heavy oil patch has far outstripped the money spent on the Bi-Provincial Upgrader, even when you adjust for inflation.
That, unequivocally, proves the investment in the upgraders was sound, and visionary. It just took a while to get there.

Devine’s Upgraders, Part 5: Were the Regina and Lloydminster upgraders worth it? The two upgraders’ massive impact on provincial revenue

Devine’s Upgraders, Part 5: Were the Regina and Lloydminster upgraders worth it? The two upgraders’ massive impact on provincial revenue

“Any reasonable entrepreneur in North America, if they had these resources, they would have done the same thing. Now, you had to be very determined about it, because it wasn’t easy. And you had the cyclical (nature) to deal with, but a lot of good entrepreneurs and business people, they know cycles. I would say it certainly contributed significantly to Saskatchewan, and it’s not going to change.”
Asked if there was anything he would have done different with regards to the upgraders, Devine said, “I’m sure we didn’t do everything right. But it did work out in the end.

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