2. Alberta Deep Basin “The Alberta Deep Basin continues to host some of the most prolific gas wells in Western Canada,” analysts wrote, with the average initial production rate of the top 30 wells at 15 million cubic feet per day. Tourmaline Oil, Bellatrix Petroleum and Peyto Exploration operate some of the top performers. Distribution. The Spirit River Formation reaches a maximum thickness of 348 metres (1,140 ft). It is found in the sub-surface in the Peace River Country, in an area stretching from Fort St. John, British Columbia to the Lesser Slave Lake from west to east, and from Grande Prairie, Alberta to Manning, Alberta from south to north.

Leduc formation gas reservoirs, Alberta, Canada: an optical and EDS study of oil to Pyrobitumens are common within deep basin, Devonian carbonate gas  NuVista is an oil and natural gas company actively engaged in the exploration and repeatable condensate-rich Montney formation in the Alberta Deep Basin  In the province of Alberta, Canada, the Devonian Formation ranges from oil- window to dry-gas window and will be illustrated and discussed in the sections  Some shale gas production currently occurs in Alberta, although it remains a very These natural gas liquids are driven by oil prices, and therefore sell at a 

Section 1.020 AR 151/71 5 OIL AND GAS CONSERVATION RULES (A) a pool or portion of a pool in which the hydrocarbon system is gaseous or exhibits a dew point on reduction of pressure, or (B) coal by in situ gasification, and (ii) any well designated as a gas well by the Regulator; 9.

Shale gas is unconventional gas in locations that require special stimulation Most aspects of the oil and gas industry are regulated by the AER including;. Also included is a summary of oil and gas reserves and production distribution, intervals because of the broad stratigraphic range of the producing formation. 4 Mar 2020 More recently, the shale gas sector has also targeted the region. This is more than double the leakage rate of 4.6 per cent in Alberta, which  15 Jan 2018 Light oil production is on an upswing from the Charlie Lake Formation and Lower Montney Turbidite near Progress in west central Alberta,  22 May 2019 An Orion Drilling rig near Encinal, Texas, drills for oil and gas in the Alberta- B.C. border can compete with premier Texas shale oilfields, said  25 Oct 2017 This article was written by an oil and gas analyst at a Bulge Bracket investment bank. As the Deep Basin spans across Alberta, the transportation from over 15 prospective geographical formations to be pursued both  26 Sep 2017 Location of the Duvernay Shale in Alberta and Canada (CNW Companies have been drilling the Duvernay for shale gas and oil since 2011, 

22 May 2019 An Orion Drilling rig near Encinal, Texas, drills for oil and gas in the Alberta- B.C. border can compete with premier Texas shale oilfields, said 

The Alberta Table of Formations is a schematic representation of the stratigraphic succession of geological units in the province. It serves as a fundamental reference for all energy, mineral, and groundwater resource industries in Alberta to identify and properly name the geological formations encountered by wells. In 2016, Alberta produced about 80 percent of Canada’s crude oil. Alberta is home to one of the world’s largest unconventional oil deposits, the oil sands, but the province’s diverse resource portfolio also includes natural gas, conventional oil, and minerals. Alberta has the potential to become the world’s leading energy provider.

But as crude oil prices recover, investment will increase. Increased production from shale gas formations has allowed Alberta’s natural gas production to grow slightly. The difficulty is finding markets. Alberta’s main buyer is the United States, which is also rich in natural gas.

Gas is produced from the Montney Formation in both British Columbia and Alberta. Major operators include Seven Generations Energy Ltd., Progress Energy Canada Ltd. (a subsidiary of Malaysia's ( PETRONAS ), Painted Pony Energy Ltd., Royal Dutch Shell plc, Encana Corporation, Murphy Oil Corporation, ARC Resources Ltd., and Advantage Oil & Gas Ltd. [7] [8] and oil is produced from the formation in Northern Alberta . [4] An Introduction: Alberta Deep Basin. The Deep Basin, one of Canada’s premier natural gas plays, produces ~3.2-3.3 billion cubic feet per day (bcf/d) of gas and is cost competitive with premier US gas basins such as the Marcellus. Section 1.020 AR 151/71 5 OIL AND GAS CONSERVATION RULES (A) a pool or portion of a pool in which the hydrocarbon system is gaseous or exhibits a dew point on reduction of pressure, or (B) coal by in situ gasification, and (ii) any well designated as a gas well by the Regulator; 9. The Alberta Table of Formations is a schematic representation of the stratigraphic succession of geological units in the province. It serves as a fundamental reference for all energy, mineral, and groundwater resource industries in Alberta to identify and properly name the geological formations encountered by wells. In 2016, Alberta produced about 80 percent of Canada’s crude oil. Alberta is home to one of the world’s largest unconventional oil deposits, the oil sands, but the province’s diverse resource portfolio also includes natural gas, conventional oil, and minerals. Alberta has the potential to become the world’s leading energy provider. But as crude oil prices recover, investment will increase. Increased production from shale gas formations has allowed Alberta’s natural gas production to grow slightly. The difficulty is finding markets. Alberta’s main buyer is the United States, which is also rich in natural gas. Alberta is well set-up for oil and gas activities, with pre-zoned industrial lands, ready access to water, and a skilled workforce ready to work. The province has a large network of oil and gas pipelines as well as multi-commodity oil and gas distribution centres that connect Alberta’s oil and gas to ports.

25 Oct 2017 This article was written by an oil and gas analyst at a Bulge Bracket investment bank. As the Deep Basin spans across Alberta, the transportation from over 15 prospective geographical formations to be pursued both 

2. Alberta Deep Basin “The Alberta Deep Basin continues to host some of the most prolific gas wells in Western Canada,” analysts wrote, with the average initial production rate of the top 30 wells at 15 million cubic feet per day. Tourmaline Oil, Bellatrix Petroleum and Peyto Exploration operate some of the top performers. Distribution. The Spirit River Formation reaches a maximum thickness of 348 metres (1,140 ft). It is found in the sub-surface in the Peace River Country, in an area stretching from Fort St. John, British Columbia to the Lesser Slave Lake from west to east, and from Grande Prairie, Alberta to Manning, Alberta from south to north. Gas is produced from the Montney Formation in both British Columbia and Alberta. Major operators include Seven Generations Energy Ltd., Progress Energy Canada Ltd. (a subsidiary of Malaysia's ( PETRONAS ), Painted Pony Energy Ltd., Royal Dutch Shell plc, Encana Corporation, Murphy Oil Corporation, ARC Resources Ltd., and Advantage Oil & Gas Ltd. [7] [8] and oil is produced from the formation in Northern Alberta . [4] An Introduction: Alberta Deep Basin. The Deep Basin, one of Canada’s premier natural gas plays, produces ~3.2-3.3 billion cubic feet per day (bcf/d) of gas and is cost competitive with premier US gas basins such as the Marcellus. Section 1.020 AR 151/71 5 OIL AND GAS CONSERVATION RULES (A) a pool or portion of a pool in which the hydrocarbon system is gaseous or exhibits a dew point on reduction of pressure, or (B) coal by in situ gasification, and (ii) any well designated as a gas well by the Regulator; 9. The Alberta Table of Formations is a schematic representation of the stratigraphic succession of geological units in the province. It serves as a fundamental reference for all energy, mineral, and groundwater resource industries in Alberta to identify and properly name the geological formations encountered by wells. In 2016, Alberta produced about 80 percent of Canada’s crude oil. Alberta is home to one of the world’s largest unconventional oil deposits, the oil sands, but the province’s diverse resource portfolio also includes natural gas, conventional oil, and minerals. Alberta has the potential to become the world’s leading energy provider.

Tourmaline’s third core area is the Company’s exploration and production complex at Spirit River-Mulligan-Earring, Alberta. The majority of the current production in the complex is derived from oil and natural gas-charged reservoirs of the Triassic Charlie Lake formation. What is the Montney Formation - Where is the Montney Shale Located? The Montney Shale Natural Gas Field is located in British Columbia, Canada and extends into Alberta. The Montney Shale Play is located in the Dawson Creek area just south of the Horn River Shale as well as the Duvernay Shale. Higher natural gas prices have caused companies to ConocoPhillips spends $154M to expand drilling rights for oil and gas formation near Alberta-B.C. border. By Staff The Canadian Press. Posted April 3, 2018 10:23 pm. Release date: 2017-09-26. The NEB, using geology and in-place hydrocarbon information determined by the AGS, estimates Alberta’s Duvernay Shale has the potential to produce 3.4 billion barrels of marketable crude oil, 76.6 trillion cubic feet of marketable natural gas, and 6.3 billion barrels of marketable natural gas liquids (NGLs). The Duvernay Shale was deposited as organic-rich mudstone The National Energy Board (NEB), together with the Alberta Geological Survey (AGS), today released a new resource assessment for the Duvernay Shale in central Alberta that adds significant quantities of marketable light oil resources in the province as well as natural gas and natural gas liquids (NGLs).