Deep Basin Alberta

Our ownership in key facility and pipeline infrastructure allows for development and operational synergies with our cardium development program and provides opportunistic partnership opportunities. Since its inception in 1998 peyto has deliberately focused its attentions on exploring and developing the vast sweet liquids rich natural gas resources uniquely trapped in this basin.

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Deep basin operators had a 30 per cent full cycle cost advantage over montney operators in 2017.

Deep basin alberta. The basin was formed when the earths crust sank along the continental side of the rocky mountains during the devonian period about 415 to. This article was written by an oil and gas analyst at a bulge bracket investment bank. Deep basin contracting ltd.

The alberta deep basin is a multi objective tight natural gas sand play area with up to 15 separate lower cretaceous liquids rich natural gas charged sand reservoirs. Alberta deep basin the deep basin one of canadas premier natural gas plays produces 32 33 billion cubic feet per day bcfd of gas and is cost competitive with premier us gas basins such as the marcellus. Alberta deep basin tourmaline is the largest producer in the alberta deep basin which represents over 50 of the companys production and capital expenditures.

Has provided fast reliable gravel hauling road building and various other oilfield services since 1996. In northeastern bc shelfal carbonates of the jean marie formation contain. It extends from british columbia through alberta and saskatchewan into manitoba.

The alberta deep basin is a geologic setting situated on the northeastern front of the rocky mountain belt in the deepest part of the alberta sedimentary basin. In 2016 the deep basin had costs almost 2 per boe higher than in the montney but now enjoys a cost advantage. Alberta basin is a sedimentary basin located on the eastern side of the rocky mountains in western canada.

Deep basin contracting ltd. Obsidian energys deep basin position is a liquids rich multi horizon development play underlying our cardium asset. Full cycle costs declined 10 per cent in the deep basin in 2017 while costs in the montney climbed by six per cent.

Deep basin contracting serving northern alberta northeast bc. New deep basin plays in addition to the unexploited tight sands of west central alberta and adjacent british columbia deep basin gas potential may exist in other areas of western and northern canada. The deep basin a liquids rich natural gas fairway located along the eastern slopes of the rocky mountains in northwestern alberta and northeastern british columbia is one of two core production areas for cenovus.

Is located in beaverlodge and serves industrial companies in northeast british columbia and northern alberta.

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