Prospera restarts five more Saskatchewan oil wells
Four of five Luseland workovers are producing; the fifth is still recovering fluid.
Event / data period: 2026-10-16
Published: · Updated:
Prospera Energy said on October 16 that it had completed workovers on five additional wells at Luseland, Saskatchewan, between September 21 and October 10. The work cost C$247,200 against a C$321,900 budget, the company said. Four wells were producing at a combined 54.5 barrels per day, compared with 15 barrels per day before the workovers; the fifth was still recovering load fluid.
The company also reported that its first ten reactivated wells, worked over between March 2025 and October 2026, had sold 62,090 barrels of oil equivalent through September 2026 and returned 1.92 times the invested capital. These are issuer-reported operating and financial figures. The update concerns existing wells and does not report a new drilling discovery.
Data
Luseland well reactivations
Combined oil output from four wells after workovers.
- Combined four-well production after workovers
- 0.0000545 million barrels per day
- 2026-10-16 · Observed
Methodology
The release’s combined 54.5 barrels per day for four producing wells is expressed in million barrels per day. The fifth well is excluded.
Updated:
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