Manitok Energy Inc., Calgary, said it has nearly completed tieing in its conventional Cretaceous Mannville discovery well at Stolberg in the Alberta foothills.
The well is expected to initially flow at an unstimulated 4 MMcfd of gas and 60 b/d of condensate. The company will monitor production for 2-3 weeks to determine if fracture stimulation is required and has scheduled the operation for late September subject to equipment availability and weather.
Based on a third party engineering report and technical work completed internally, Manitok believes that the well’s post-stimulation capability could be 13-15 MMcfd including 15 bbl/MMcf of 52° gravity condensate and has designed the surface facility for 10 MMcfd.
Manitok plans to drill six wells at Stolberg before the end of the second quarter of 2012. Four are horizontal Cardium light oil wells that will target 43°-46° gravity oil on three separate conventional Cardium structures at 800-1,500 m. One well in the same pool has produced 700,000 bbl, and the entire pool has given up 3 million bbl of oil and 8 bcf of associated gas to date.
Two vertical wells will go to deeper Mannville and Cardium targets. The first horizontal Cardium well is to spud in early October.
