Tag Archives: production

Vital Energy Inc. S.W. Saskatchewan core project areas – Status update

Vital Energy Inc. is pleased to announce the following update on their S.W. Saskatchewan core project areas: Gull Lake project area: The 02-29-13-19 W3M vertical test well that was targeting oil production from the Roseray, Cantuar and Upper Shaunavon formations was completed and placed on production in late July 2017. The…

OPEC’s production cuts and climbing oil prices

By: IBISWorld Procurement Research Analyst, Ashley Cruz With oil prices finally on the rise, businesses that rely on petroleum products should be looking ahead to hedge against price growth and volatility Although much of 2016 has been a year of suspense and surprises, there were several late-in-the-game decisions that have…