Baytex Canadian Portfolio — light oil & heavy oil project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
Continuing Canadian operations of Baytex Energy following the December 19, 2025 divestiture of US Eagle Ford assets for net proceeds of US$2.2bn (C$3.0bn). Portfolio centred on heavy oil (Peace River, Peavine, Lloydminster) and light oil (Pembina Duvernay, Viking) across the Western Canadian Sedimentary Basin. 2025 average production of 65,528 boe/d (89% oil & NGL) representing 6% organic growth over 2024. 2026 budget targets 67,000-69,000 boe/d (3-5% organic growth) at E&D capex of C$550-625M; Q1/2026 forecast 68-69k boe/d with year-end exit ~70k boe/d. Sustaining breakeven US$52/bbl WTI. Reserves are evaluated annually by independent NI 51-101 qualified reserves evaluator McDaniel & Associates Consultants Ltd. After-tax impairment-test discount rates between 12% and 14% applied to proved plus probable reserves cash flows.
Portfolio Aggregate
Multiple effective dates
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Oil & Gas inventory & footprint
Multiple effective dates
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Copyright © 2026, Metal Pilot
We use strictly necessary cookies for authentication and site functionality. Optional analytics (Google Analytics) load only after you accept; we do not use advertising, remarketing, or Google Signals. We honour Global Privacy Control (GPC) and other recognised opt-out signals by keeping analytics off for that browser.