Canada Natural Resources

Canadian Natural Forecasting Higher Spending, More Natural Gas Production in 2022

Canadian Natural Forecasting Higher Spending, More Natural Gas Production in 2022

Improved prices, along with increased ownership of drilling targets in northern Alberta and British Columbia (BC), should help natural gas production to climb by 18% year/year in 2022, Canadian Natural Resources Ltd. said Tuesday. The Calgary exploration and production (E&P) company announced its 2022 budget with a natural gas target of 1.98-2 Bcf/d from 1.69…

January 12, 2022