-+ 0.00%
-+ 0.00%
-+ 0.00%

Obsidian Energy Adds 12 Locations In Willesden Green Belly River And 3.5 Million Boe To Peace River Reserves, Reporting 118% PDP, 185% 1P, And 235% 2P Reserve Replacements In 2025

Benzinga·02/05/2026 12:14:52
Listen to the news
  • Reserve replacement of 118 percent, 185 percent and 235 percent of 2025 production (adjusted for dispositions) on a proved developed producing ("PDP"), proved ("1P"), and proved plus probable("2P") reserves basis
  • Added locations in the Willesden Green (Belly River) in both Crimson and Open Creek based on 2025 success
  • Initial waterflood reserve bookings from recent pilots at Peace River in the Clearwater