Crescent Point Energy Corp. improved the speed at which it drilled wells in the Bakken Shale in North Dakota and the Kaybob Duvernay formation in Alberta, the Calgary-based independent reported Thursday.

“During first quarter 2022, Crescent Point commenced completion activities on its second fully operated multi-well pad in the Kaybob Duvernay, which it expects to bring on production in second quarter 2022,” the company said.

In early 2021 the firm acquired liquids-rich Kaybob Duvernay acreage from Shell Canada Ltd. Since then, drilling days are down more than 30%, averaging fewer than 15 days on its most recent well pad, Crescent Point said in its 1Q2022 earnings report.

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