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).
Montney
Articles from Montney
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.
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.
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.
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.
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.
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.
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.
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).
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.