Pipestone Energy, which was formed through the combination of Blackbird
Energy and Pipestone Oil Corp. on Jan. 4, completed six Montney wells on its 15-14
pad using high-intensity plug-and-perf completions. The 10-well pad is now complete
and will be tied in during 2H19. The wells averaged 2,456-ft laterals, were
completed in an average of 29
stages and cost an average of
$4.5 million each, which is 22% less than
expected. On test, initial 24-hour IPs averaged 1,542 boe/d (36% condensate). The
initial......
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