Cardium Alberta Oil & Gas Information powered by SalesForce.com & EnerLead
The Cardium Formation is composed primarily of beds of massive, fine-grained to conglomeratic sandstone, which are separated by thick layers of shale. Located between Calgary & Grande Prairie Alberta recent advances in technology, such as multi-stage hydraulic fracturing, have made it possible to economically develop unconventional oil in the Cardium Formation. The substance breakdown is 53% oil and 47% gas.
- Top producers in the area include Bellatrix, Pengrowth, Lightstream, Arc…..
- Most active fields include Pembina, Willesden Green,HARMATTAN EAST, Ferrier …
- Drilling operation is Horizontal and 99% of the wells great than 3000M
- All major Drilling Operators have a presence in the area including Ensign, Nabors, Precision, Horizon….