Surge Energy Reports Q3 Production Results Amid Drilling Delays
Surge Energy reported third-quarter production averaging 22,736 barrels of oil equivalent per day (boepd), with liquids accounting for 89% of the total volume. The company noted that these results were impacted by significant delays in its planned second-half drilling program. The operational slowdown was primarily driven by extremely wet weather conditions affecting the Sparky (Mannville) area. These environmental factors hindered drilling activities, impacting the projected output schedule for the period.
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Topics: drilling delays oil and gas production weather impact