Montney

Global drilling behemoth Precision Drilling Corp. cut costs by double-digits and improved efficiencies across its operations during the second quarter, but there’s paltry visibility as uncertainties surrounding the impacts of Covid-19 remain a concern, management said. Even though revenue plunged by nearly half from a year ago to $47 million, the multi-talented operator is poised…

ConocoPhillips is nearly doubling its leasehold and adding substantial production in Western Canada’s natural gas-rich Montney Shale following a $375 million bolt-on purchase from Calgary-based Kelt Exploration Ltd. The transaction in northeastern British Columbia (BC) announced Wednesday would add 140,000 net acres and an estimated 15,000 boe/d of output in a liquids-rich zone known as…

The Alberta government posted a reward Thursday for petrochemical manufacturers to build new plants that draw their raw materials from natural gas produced in the province. Natural Gas Minister Dale Nally announced a 10-year grant fund titled the Alberta Petrochemicals Incentive Program. The dollar value and eligibility rules were left open to negotiation, with further…

After surviving protests and the Covid-19 pandemic, Coastal GasLink (CGL) plans to start  laying pipe for the only liquefied natural gas (LNG) export project underway on the northern Pacific coast of British Columbia (BC). CGL said construction employment would roughly triple to peak at more than 2,500 in September as work accelerates along the 416-mile…

Natural gas flowing from the Western Canada Sedimentary Basin to the western United States languished in April and May as higher prices north of the border kept supplies in the country, according to the U.S. Energy Information Administration (EIA). The EIA said that Canadian imports through western pipelines fell to an estimated average of 6.2…

Denver-based Ovintiv Inc., whose broad oil and natural gas portfolio runs across the Permian and Anadarko basins and the Montney formation in Canada, is shelving some onshore work in the Eagle Ford, Bakken, Uinta and Duvernay formations, but it’s keeping a sharp eye on the direction of natural gas prices to determine when to boost activity.

TC Energy Corp. on Wednesday got a green light from Canadian regulators to advance an expansion of Nova Gas Transmission Ltd. (NGTL), allowing more natural gas supply to be moved from the Montney, Duvernay and Deep Basin formations.

The Montney Shale in northeastern British Columbia (BC) will dominate Canadian natural gas production growth for the next two decades, according to the Canada Energy Regulator (CER).

Cracked rock layers and pressure pockets riddle Montney Shale gas drilling territory with earthquake hazards in northern British Columbia (BC), according to a report completed for the province’s Oil and Gas Commission (BCOGC).