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| + | In 1948, William Cotter signed an agreement with General Petroleums and Superior Oils to afford the companies the right to drill for oil on land that Cotter had leased. One of several stipulations in the contract was the timeframe and depth of which the proposed well was to be drilled. Although General Petroleums drilled a well the same year, it was not completed to the depth requested by Cotter, after scientific consultants on the project advised that oil was unlikely to be found. Cotter chose to sue both parties for breach of contract and was awarded a settlement amounting to the cost of drilling the well in 1949.<ref> Cotter v. General Petroleums Ltd., 1950 CanLII 50 (SCC), [1951] SCR 154.<br>https://www.canlii.org/en/ca/scc/doc/1950/1950canlii50/1950canlii50.html</ref> | ||
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| + | The judge’s decision in the case Cotter v. General Petroleums Ltd. was held as a precedent in Alberta contract law.<ref> Some Second Thoughts On Damages For Breach Of A Drilling Commitment.<br>https://cbr.cba.org/index.php/cbr/article/view/2720</ref> Though the case initially ruled in favor of Cotter, the verdict was eventually overturned in an appeal by the supreme court.<ref> Cotter v. General Petroleums Ltd., 1950 CanLII 50 (SCC), [1951] SCR 154.<br>https://www.canlii.org/en/ca/scc/doc/1950/1950canlii50/1950canlii50.html</ref> | ||
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| + | The well was eventually acquired by Texaco Canada, and subsequently transferred through acquisition to the current owner, Imperial Oil Ltd. The Texaco-McColl-Calmar No. 1 was never reclaimed after its abandonment in 1949 and its current license status is RecExempt. | ||
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== Well Details == | == Well Details == | ||
In 1948, William Cotter signed an agreement with General Petroleums and Superior Oils to afford the companies the right to drill for oil on land that Cotter had leased. One of several stipulations in the contract was the timeframe and depth of which the proposed well was to be drilled. Although General Petroleums drilled a well the same year, it was not completed to the depth requested by Cotter, after scientific consultants on the project advised that oil was unlikely to be found. Cotter chose to sue both parties for breach of contract and was awarded a settlement amounting to the cost of drilling the well in 1949.[1]
The judge’s decision in the case Cotter v. General Petroleums Ltd. was held as a precedent in Alberta contract law.[2] Though the case initially ruled in favor of Cotter, the verdict was eventually overturned in an appeal by the supreme court.[3]
The well was eventually acquired by Texaco Canada, and subsequently transferred through acquisition to the current owner, Imperial Oil Ltd. The Texaco-McColl-Calmar No. 1 was never reclaimed after its abandonment in 1949 and its current license status is RecExempt.
| Well ID: 0494273606000 | Loading map...
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| Location: 00/06-36-049-27W4/0 | |
| Location Alias: 00/06-36-49-27 W4M | |
| Location Alias 2: 00/06-36-049-27 W4/00 | |
| Country: Canada | |
| Province: Alberta | |
| Township: 049 | |
| Meridian: 4 | |
| Range: 27 | |
| Section: 36 | |
| County/Municipality: Leduc County | |
| Well Name: TEXACO-MCCOLL-CALMAR NO. 1 WELL | |
| Operator Name: Imperial Oil Resources Limited | |
| License Number: B0002071 | |
| License Date: 1948-03-25 | |
| License Status: RecExempt | |
| Spud Date: 1948-03-29 | |
| Final Drill Date: 1948-05-29 | |
| Well Total Depth: 1707.20 m | |
| Surface Hole Latitude: 53.270465 | |
| Surface Hole Longitude: -113.820612 |
| Date | Event |
|---|---|
| 1909-09-09 | Well Log Performed |
| 1948-03-25 | Obtained License |
| 1948-04-13 | Drill Stem Test Performed |
| 1948-04-27 | Drill Stem Test Performed |
| 1948-05-15 | Drill Stem Test Performed |
| 1948-05-18 | Drill Stem Test Performed |
| 1948-05-26 | Drill Stem Test Performed |
| 1948-05-29 | Finished Drilling |
| 1948-06-04 | Well Mode changed to Abandoned |
For data sources see[6]