Technology Innovation Drives Improved Well Performance
Painted Pony is an industry leader in the application of advanced natural gas recovery technologies. Painted Pony was the first Canadian producer to apply the open-hole multi-stage ball-drop completion system in the northern Montney region. This innovation has increased the Company’s average productive capability per well by more than 40% compared to earlier completion systems.
More recently, Painted Pony has implemented a parallel-pair drilling geometry, which has further enhanced well production rates. The Company maintains a dedicated geosciences and engineering team which is focused on continuous improvement in recovery and extraction optimization.