The Cardium A trend at Lochend is an early stage Cardium light oil resource play with approximately 16 horizontal wells drilled to date.
TriOil is in the early stages of a drilling program to validate the commerciality of this resource play.
This includes the determination and selection of the optimal location, the length and orientation of the horizontal section of the wells, and the size, number of stages and type of fluid used in the completion.
TriOil currently owns 80 gross (56 net) sections of high working interest, majority operated Cardium lands, with an inventory of over 150 net drilling locations in the Lochend area of Alberta.
TriOil has participated in 7 (3.55 net) horizontal Cardium wells, of which 1 (1.0 net) was operated by TriOil and the balance were non-operated.
Three wells are in the early stages of production and the remaining wells are in various stages of drilling and completion.
TriOil’s first operated horizontal Cardium well at Lochend (100% working interest) has been drilled and is expected to be completed by early January.
These wells have drilled horizontal sections with 1000-1400m of Cardium reservoir, with substantial gas shows and oil staining.
The Cardium A horizontal well at 13-32-27-03 W5M (TriOil 20% non-operated) has been on production for three months and continues to produce at expected rates with a 30 day average rate of 180bbls/d plus 149mcfpd of gas, a 60 day average rate of 132bbls/d plus 144mcfpd of gas and a 90 day average rate of 117bbls/d plus 143mcfpd of gas.
The associated natural gas is expected to be tied-in to TriOil’s Lochend gas processing facility early in 2011.
The Cardium A horizontal well at 1-36-26-4 W5M (TriOil 60% non-operated) was completed with a multi-stage oil frac and equipped for production.
The well recovered 100% of its load fluid over the past month producing at an unstabilized average rate of 118bbls/d plus 43mcfpd of gas.
The Cardium A horizontal well at 3-26-26-3 W5M (TriOil 55% non-operated) was completed with a multi-stage oil frac and equipped for production.
The Cardium A horizontal well at 1-10-27-3 W5M (TriOil 30% non-operated) has been completed with a multi-stage oil frac and equipped for production. The well is in the early stages of recovering its load fluid.
The horizontal well at 13-1-27-3 W5M (TriOil 50% non-operated) has been drilled and completed with a multi-stage oil frac in the Cardium B zone.
TriOil’s first operated Cardium A horizontal well at 15-34-28-4 W5M (TriOil 100%) has been drilled and is scheduled for a multi-stage energized (nitrogen) oil frac in mid December.
The Cardium A horizontal well at 4-11-27-3 W5M (TriOil 40% non-operated) is currently drilling. The operator is planning a slick water completion in the 4-11 horizontal well.
TriOil is in the process of installing additional compression at its 99%-owned Lochend gas plant, which will expand and restore the plant to its 5mmcfpd capacity.
