Alberta drilling: Signet is to suspend testing at two wells at the Sawn Lake oil sands project
Sawn Lake bores suspended
Signet Energy, the operator of the Sawn Lake oil sands project in southern Alberta, has suspended operations at its second and third wells drilled on the property after failing to find viable oil shows.
Minority shareholder Deep Well Oil & Gas said production testing at the bores had ended due to a lack of cold flow production from the wells. The company also said the location of a fourth well at the property was now being reconsidered.
Deep Well said the Sawn Lake 4-32 and 7-30 wells logged 23 and 22 metres of pay respectively during drilling. Following completion, the 4-32 well produced only a very heavy oil, while the 7-30 well produced only water with oil flecks.
The company said the partners in the project had decided the portion of the Sawn Lake reservoir tapped by the well was better suited to "alternative recovery methods".