Production Rates | Capital Markets | Capital Expenditure | Capex - 2026
Tamarack Rebalances 2026 Spending Toward Clearwater
Email
Print 
Bookmark
Tamarack Valley Energy’s 2026 development plan outlines a moderated capital program of $390–$410 million targeting annual average production of 69,000–71,000 boe/d and an 84%–86% oil and NGL weighting. The program emphasizes continued Clearwater development and waterflood expansion, with ~70% of 2026 capital allocated to Clearwater. The company plans to drill >75 Clearwater primary development wells (an ~18% decline from 2025) and implement >65 new injection wells across Nipisi, West Marten, Marten Hills and South Clearwater.
Compared with Tamarack’s 2025 budget, corporate capital declines from $430–$450 million while production guidance increases from 65,000–67,000 boe/d. Tamarack also plans major infrastructure work in 2026, including a pipeline looping project in the Sundance area, alongside plant turnarounds and optimization projects. In 2025, the company highlighted the commissioning of the CSV Albright sour gas plant in Q1/25 to support Charlie Lake volumes.
Related Categories :
Capex - 2026
More Capex - 2026 News
-
Ascent Resources 2026: A Quiet Growth Story for Oilfield Services
-
This Operator Will Chop it's 2026 Rig Count From 34 to 24 -
-
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan -
-
Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026 -
-
Permian E&P To Cut Capex by 10% for 2026 -
Canada News >>>
-
Western Canada Upstream M&A: Q1 2026 Transaction Report
-
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan -
-
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
-
Whitecap Details 2026 Duvernay & Montney Program
-
ARC Resources: Lower 2026 Capex, Higher Volumes
