Montney

TransCanada Planning 3 Bcf/d Nova Expansion As Montney, Duvernay, Deep Basin Gas Emerges

TransCanada Corp. on Wednesday announced a C$2 billion ($1.5 billion) program to add capacity for nearly 3 Bcf/d on its natural gas supply collection grid in Alberta and British Columbia (BC), Nova Gas Transmission Ltd. (NGTL).

June 14, 2017

Encana Eyes 2017 Return to Growth, Maintains Multi-Play Focus

Encana Corp. is poised to return to growth by the middle of this year, management said Tuesday, emphasizing that the company is positioned to increase production from its core assets by 20% between 4Q2016 and 4Q2017.

May 3, 2017

Encana’s Five-Year Plan for Montney Includes Head-to-Head With Appalachia at Dawn

Calgary-based Encana Corp. reaffirmed its vision for the future of its Montney Shale on Wednesday, hinting at plans to compete with Marcellus/Utica shale gas flowing into the Dawn Hub in Ontario.

April 20, 2017

TransCanada Untethers North Montney Mainline Construction from Stalled LNG Terminal

TransCanada Corp. moved Monday to accelerate expansion in British Columbia (BC) by breaking a pipeline project’s previous reliance on stalled liquefied natural gas (LNG) export terminal construction on the northern Pacific coast.

March 20, 2017

BC NatGas, Liquids Production to Support Midstream Development

Northeastern British Columbia (BC) will remain a Canadian sweet spot for natural gas and liquid byproducts supply development in 2017, triggering construction of new processing and storage facilities along the Alaska Highway.

December 29, 2016

Veresen’s Montney NGL Expansion Tied to Encana Growth Plans

Calgary-based Veresen Inc. is upping its game in the gassy Montney formation that straddles British Columbia and Alberta, announcing it is sanctioning C$195 million of midstream capital projects to serve an exploration joint venture of Encana Corp. and Mitsubishi Corp.

December 28, 2016
Appalachia, Montney NatGas Projects to Western Canada Signal One Outcome: Big Glut

Appalachia, Montney NatGas Projects to Western Canada Signal One Outcome: Big Glut

Three natural gas pipeline projects to Western Canada, two from Appalachian shale country and one from the Montney Shale, await approval to move forward, but if all three were to pass muster, it could be the worst possible outcome for shippers, an analysis indicates.

October 12, 2016
Seven Generations Boosting Montney Shale NatGas Focus in C$1.9B Deal With Paramount

Seven Generations Boosting Montney Shale NatGas Focus in C$1.9B Deal With Paramount

Calgary-based Seven Generations Ltd. (7G) on Wednesday struck a C$1.9 billion ($1.47 billion) deal to expand its natural gas opportunities in the Montney Shale in a transaction that also would bring aboard cross-town rival Paramount Resources Ltd. as a 10% stakeholder.

July 7, 2016
Encana Selling Slice of Gassy Montney Portfolio for $488M

Encana Selling Slice of Gassy Montney Portfolio for $488M

Encana Corp. agreed Tuesday to sell Birchcliff Energy Ltd. its Gordondale properties in the Montney formation for $488 million (C$625 million).

June 22, 2016
Encana Pushes Case For Montney NatGas as Transport Costs to Decline

Encana Pushes Case For Montney NatGas as Transport Costs to Decline

The Montney formation in Western Canada, already connected to existing — and unconstrained — pipeline infrastructure, will be called upon to increasingly meet North America’s natural gas demand, Encana Corp. executives said Tuesday.

May 18, 2016