Corridor Resources Inc announced on Monday that flow testing of the McCully No. 2 well located northeast of Sussex, New Brunswick, Canada has been completed. The test resulted in a stabilized natural gas flow rate of 2.2 MMcf/d at a flowing tubing head pressure of 2,100 pounds per square inch (psi) following a three-day flow period. Corridor said initial analysis of the well’s production performance indicates that it is capable of flowing gas at a rate of 4.1 MMcf/d at the design separator pressure of 400 psi. The McCully No. 2 well is currently shut- in for pressure build-up analysis. The well’s development is under a 50/50 joint venture partnership with the Potash Corp. of Saskatchewan Inc., with Corridor acting as the operator. Following completion of testing operations at the McCully No. 2 well, Corridor plans to workover, re-complete and re-test the McCully No. 1 well. The company said it also plans on completing the third McCully well by late May. Corridor is a junior oil and gas exploration company, headquartered in Halifax, Nova Scotia, with interests onshore in New Brunswick, Prince Edward Island and Quebec and offshore in the Gulf of St. Lawrence.
Canada
Articles from Canada
M&NP Applies To NEB For New Tolls
Canada’s National Energy Board has received an application from Maritimes & Northeast Pipeline Management Ltd. to approve final tolls from Test Period 2001, which runs October 2000 through Dec. 31, 2001, and for Test Period 2002, which runs from Jan. 1, 2002 through Dec. 31, 2002. M&NP has been operating on interim tolls approved by the NEB since Oct. 1, 2000.
M&NP Applies To NEB For New Tolls
Canada’s National Energy Board has received an application from Maritimes & Northeast Pipeline Management Ltd. to approve final tolls from Test Period 2001, which runs October 2000 through Dec. 31, 2001, and for Test Period 2002, which runs from Jan. 1, 2002 through Dec. 31, 2002. M&NP has been operating on interim tolls approved by the NEB since Oct. 1, 2000.
U.S. Forms Energy Groups with Mexico, Canada
Energy Secretary Spencer Abraham met with Mexican EnergySecretary Enesto Martens and Canadian Energy Minister Ralph Goodalein Mexico City last week to establish a North American EnergyWorking Group to develop a comprehensive energy strategy for thecontinent.
NEB to Rewrite Canadian Pipe Safety Rules
Sensing that updating its 1988 Pipeline Crossing Regulations was past due, Canada’s National Energy Board moved another step toward the development of new regulations called the Damage Prevention Regulations (DPR) that will govern pipeline safety throughout the country.
NEB to Rewrite Canadian Pipe Safety Rules
Sensing that it was time to update its 1988 Pipeline CrossingRegulations, Canada’s National Energy Board moved another steptoward the development of new regulations called the DamagePrevention Regulations (DPR) that will govern pipeline safetythroughout the country.
Westcoast Acquires Assets in Joint Venture Split
Westcoast Energy announced it had acquired 100% of the ownershipand control of, Engage Energy Canada, L.P., as well as the EngageU.S. power business based in Michigan and the Engage gas and powerbusiness in the U.S. Pacific northwest, after the split of itsjoint venture with Coastal Corp on Oct. 3.
Maritimes’ Canadian Cost of Service Lowered
Canada’s National Energy Board has shaved about $2.2 million offof Maritimes & Northeast Pipeline’s requested cost of serviceand cut about $11.6 million out of the pipeline’s requested ratebase. The NEB also altered Maritimes’ plans regarding discounts.
Maritimes’ Canadian Cost of Service Lowered
Canada’s National Energy Board has shaved about $2.2 million offof Maritimes & Northeast Pipeline’s requested cost of serviceand cut about $11.6 million out of the pipeline’s requested ratebase. The NEB also altered Maritimes’ plans regarding discounts.
NEB Holds Meetings on Vancouver Is. Project
Canada’s National Energy Board plans to hold public meetings this week on a pipeline to connect the mainland with Vancouver Island through the Georgia Strait.
