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Completions and facilities cost about one tenth of the outlay on shallow water wells elsewhere.

Typically, a Lake Erie well costs C$175,000 to drill, says Ed Connolly, Manager of Drilling. Minimal wells Lake Erie, measuring 80 miles by 200 miles in area, is smaller and also shallower than the other Great Lakes, a factor which helps to limit drilling expenses. "We have plans for more locations for oil drilling under the lake," says Manager of Ontario operations Keith Hibbert, "but with the distance out to the gas fields, it doesn't make sense to drill directionally for gas." Talisman has recently drilled a horizontal well under the lake from the shore. Legislation does however allow production of oil from onshore locations. However, present legislation does not allow fluid production from the lake, so when we do encounter fluids, we either plug the fluid-producing interval or abandon the well." In addition, deeper test penetrations of formations underlying our reservoirs have infrequently generated oil shows at several locations scattered across Lake Erie. Tony Benincasa, "our drilling and completion operations have encountered an oil leg within our reservoirs. Oil is also known to exist within certain areas of the lake. Development drilling in the 1990s has maintained the volumes at 27-32 MMcf/d, and current production is around 30 MMcf/d." However, low gas prices that decade reduced the activity level and along with declining production from the major fields, caused volumes to decline from these peaks. "Volumes increased to 40 MMcf/d by the early 1980s.

According to Chris Hustad, one of several engineers who moved to Talisman from Pembina, "the total volume produced remained below 10 MMcf/d until significant development occurred in the mid to late 1970s. Gas has been produced from the Canadian side of the lake since the 1950s. The package also included some of Canada's most productive offshore acreage - in Lake Erie, Ontario. When Talisman Energy bought Pembina Resources in 1997, it gained over 100 million boe of proven and probable reserves. Gasfield/processing activity in and around the Canadian side of Lake Erie.