Development, Production and Operation for Oil/Gas Fields
Run business include designing or updating the development program, implementing the development program, production management, operation and maintenance for onshore oil/gas fields with integrating the advantages of Jereh Group include engineering, facilities construction, equipment manufacturing etc.
Butler Service for Oil/Gas Fields
Help you run oilfields, reduce operation costs and improve development efficiencies with the best management and applicable technology strategies.
Technical Support for Oil/Gas Fields
Provide high-quality services of technical support for oil/gas fields, including geological research, reserves and risk assessment, production optimization, EOR and economic evaluation etc.
In 2011, Jereh established Hitic Energy Ltd. Co., in Calgary Canada for oilfield exploration and development, which is involved in oil and gas exploration, management, production, transportation and sales.Total of 32 wells: 30 wells drilled, 2 wells in progress. Success rate 93% (28 of 30; exploration 11 of 13; development 17 of 17). Assets in place to achieve > 7,200 BOED production; long term target 30,000 BOED representing potential C$3 billion value.
In 2011, Jereh established Hitic Energy Ltd. Co., in Calgary Canada for oilfield exploration and development, which is involved in oil and gas exploration, management, production, transportation and sales.
Formation of company and start of operations. Initial Meekwap and Pembina land purchases.
Pembina Cardium discovery (1 well) and additional development (6 wells);
Initial Meekwap Duvernay discoveries (2 wells);
Size of Meekwap project increased ~25% with more land (3 land sales). Size of Pembina project increased ~100% with more land (3 deals). Further Meekwap Duvernay discoveries (3 wells) and development (2 wells). Further Pembina development (4 wells). Four new exploration project areas added to portfolio.
Size of Pembina project increased ~25% with more land (1 deal). Pembina drilling program in progress (2 of 6 wells drilled, 3rd in progress). Two new exploration project areas added to portfolio.
Completed central processing oil battery of Meekwap project