Baytex Energy Ltd

Baytex Energy Ltd. is a notable player in the oil and gas industry, with a strong presence in heavy oil operations across Lloydminster, Saskatchewan, where they have been active since 1993. The company's portfolio includes both primary and thermal production techniques, leveraging advanced multi-lateral horizontal drilling to achieve robust capital efficiencies and economic performance.

In the first quarter of 2023, Baytex produced an average of 11,900 barrels of oil equivalent per day across its extensive land holdings, which encompass 516 net sections in the area. The company anticipates bringing 30 new net wells into production in 2023 to further enhance its operational capacity.

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