Bayman Texan Energy Corp.

Lloydminster

  

Lloydminster Map

Quick Facts
Land Holdings 652 net sections
Production (Q3/2015) 13,800 boe/d
2P Reserves (YE14) 49.5mmboe(1)
(1) In addition, we have 43.4 mmbbl of bitumen reserves related to our SAGD project at Gemini and 10 mmbbl of bitumen reserves related to our SAGD project at Kerrobert.

 

 

  • Bayman Texan Energy has been producing in the Lloydminster area since 1993
  • Low cost, long-life conventional heavy oil development from the Mannville group of formations, extracted using a combination of vertical drilling, horizontal drilling, waterflooding and SAGD
  • The use of multi-lateral drilling techniques is expanding, showing an approximate 20% improvement in capital efficiencies
  • Average well cost is C$0.75 million with IP30 rates of approximately 80 bbl/day
  • Annual capital efficiency is approximately C$14,500/boe/d

Lloyd 3D Model

  

Explore Our
Operations

Our operations are organized into Canadian Heavy Oil, Canadian Light Oil and Gas and United States business units.

Operations Map

Operations Map
Responsible Development

In addition to shareholders, Bayman Texan Energy has a responsibility to the communities in which we work and do business.

Corporate Responsibility

Understanding
Heavy Oil

Learn more about the
business of heavy oil in our marketing section.


Learn More

Understanding Heavy Oil