US EditionSaskatchewan - Government Launches New Program to Boost Oil Production and Generate Investment
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Sask launches new program to boost oil production, generate investment – Clark's Crossing Gazette
The Government of Saskatchewan has launched the Low Productivity and Reactivation Oil Well Program (LPRP) to create new incremental oil production and revenue from low-producing or inactive wells. The LPRP promotes industry investment in low-producing or inactive horizontal oil wells through a new royalty structure for eligible wells. In the final year of the four-year LPRP program, it is projected to add 30,000 barrels per day of oil productio…
Saskatchewan Launches New Program to Boost Oil Production and Generate Investment - Kindersley Social - Local Update, Sports, Events and more
The Government of Saskatchewan has launched the Low Productivity and Reactivation Oil Well Program (LPRP) to create new incremental oil production and revenue from low-producing or inactive wells. The LPRP promotes industry investment in low-producing or inactive horizontal oil wells through a new royalty structure for eligible wells. In the final year of the four-year LPRP program, it is projected to add 30,000 barrels per day of oil productio…
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