4 Duvernay wells licensed to Chevron Canada came off of Confidential status in March. Of course these wells are soon to be transferred to CNRL as a result of the acquisition announcement last fall, but for now Chevron is the official licensee. While under Confidential status, full production details including (most importantly) pentane volumes are shielded from public view. But now that these wells are no longer confidential, the full results can be seen.
You can now use BOE Intel to spot wells as they are about to come off of Confidential status, and then see well details including production results as they become Declassified. Below in Figure 1 we can see that Chevron had 4 wells come off of Confidential in the last 30 days. They were all from the same pad and all targeted the Duvernay.
The results are impressive, with all 4 wells producing at least 815 bbl/d of condensate, as well as other NGLs and associated natural gas. One well produced 1,306 bbl/d of condensate.
Figure 1 – 4 recently declassified Chevron Duvernay wells
The combined production results from the 4 recently declassified wells are shown below in Figure 2, with graph embedded from Petro Ninja. Note that February liquids data for Alberta (including marketable gas) is not due out for another ~10 days, which is why some of the February data shows as zero.
Combined production from these 4 wells in January 2025 was 7,160 BOE/d, including 3,819 bbl/d of condensate (pentane).
Figure 2 – Combined production from 4 recently declassified Chevron Duvernay wells
*February data for NGLs and marketable gas not yet reported in Alberta.
These wells would rank very well within their Duvernay peer group. Sorted by oil/condensate volumes, these 4 wells would all be within the 10 best Duvernay wells industry wide based on January 2025 production. On a combined basis including the Chevron wells awaiting transfer, CNRL had 7 of the top 15 Duvernay wells in January (Figure 3).
Figure 3 – Top 15 Duvernay wells by Oil/Condensate – January 2025
