Montney

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.

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.

The Montney formation by 2020 is expected to grow to 7 Bcf/d, representing 38% of the Western Canadian Sedimentary Basin’s production, and Encana Corp. expects to be leading the charge, executives said Tuesday.

The Montney formation by 2020 is expected to grow to 7 Bcf/d, representing 38% of the Western Canadian Sedimentary Basin’s production, and Encana Corp. expects to be leading the charge, executives said Tuesday.

Encana Corp., one of the largest North American natural gas producers, doesn’t have any skin in the Marcellus Shale, but it’s fine with that, as its extensive Montney formation in Alberta should be able to compete well against the Appalachian behemoth, executives said Tuesday.

Encana Corp., one of the largest North American natural gas producers, doesn’t have any skin in the Marcellus Shale, but it’s fine with that, as its extensive Montney formation in Alberta should be able to compete well against the Appalachian behemoth, executives said Tuesday.

While activity slows in almost all the shale plays across North America, growth is reaching warp speed in Canada’s Montney tight sands formation, which looks to be developing into the western version of the Marcellus Shale.

Startling exceptions to gloom pervading first-half 2015 corporate statements confirm that a sweet spot — where rich resources compensate for poor prices — is emerging in Western Canada’s endowment of natural gas steeped in liquid byproducts.

Western Canada's onshore plays yield comparable results to key liquids-heavy producing regions in the Lower 48 states, a positive sign once prices strengthen and demand for oilsands diluent grows, Wood Mackenzie Ltd. is estimating.