Oil plays in alberta

6 Dec 2019 Oil reserves lie deeper in Alberta than in Saskatchewan, making extraction Shallow oil plays allow for quick returns on investment, said Paul  In the Duvernay play, we are focusing our development on producing light oil and liquids rich gas. Location: Alberta Basin: Western Canadian Sedimentary  Energy Board, the British Columbia Oil and Gas Commission, the Alberta geology in British Columbia, please see the Montney Formation Play Atlas NEBC . 7.

Located roughly between Alberta’s Nipisi Lake and an area called Marten Hills, the drilling rights going for sale fall within the Clearwater shale and sandstone formation, with pockets of oil 600 to 700 meters (1,970-2,300 feet) below the ground, Tang said. Crude from the area can be produced for about $10 a barrel. Located roughly between Alberta’s Nipisi Lake and an area called Marten Hills, the drilling rights going for sale fall within the Clearwater shale and sandstone formation, with pockets of oil 600 This article was written by an oil and gas analyst at a Bulge Bracket investment bank. An Introduction: Alberta Deep Basin The Deep Basin, one of Canada’s premier natural gas plays, produces ~3.2-3.3 billion cubic feet per day (bcf/d) of gas and is cost competitive with premier US gas basins such as the Marcellus. The The Viking oil play, located in central Alberta and spread over most of Saskatchewan, has fast become one of the country’s most desirable energy-investor hotspots. History and geology Cardium. InPlay’s Cardium assets are located in West Central Alberta focused in the Pembina and Willesden Green pools. These pools have large oil in place reserves and even though they have been extensively developed over many years through vertical drilling and waterflooding there are still large reserves of unrecovered oil. Continued In Alberta, the Slave Point Formation, which is stratigraphically equivalent to the Beaverhill Lake tight oil play, has also undergone a limited amount of horizontal drilling and multi-stage hydraulic fracturing in the Otter and Evi Fields, north of the Swan Hills Field. The Alberta Energy Regulator includes low permeability non-shale oil and gas reserves (often considered as “tight” oil and gas) with conventional oil and gas reserves due to historical and administrative reasons.

The Montney resource play is a very large, siltstone gas reservoir that is of the National Energy Board, B.C. Oil and Gas Commission, the Alberta energy 

Located roughly between Alberta’s Nipisi Lake and an area called Marten Hills, the drilling rights going for sale fall within the Clearwater shale and sandstone formation, with pockets of oil 600 to 700 meters (1,970-2,300 feet) below the ground, Tang said. Crude from the area can be produced for about $10 a barrel. Located roughly between Alberta’s Nipisi Lake and an area called Marten Hills, the drilling rights going for sale fall within the Clearwater shale and sandstone formation, with pockets of oil 600 This article was written by an oil and gas analyst at a Bulge Bracket investment bank. An Introduction: Alberta Deep Basin The Deep Basin, one of Canada’s premier natural gas plays, produces ~3.2-3.3 billion cubic feet per day (bcf/d) of gas and is cost competitive with premier US gas basins such as the Marcellus. The The Viking oil play, located in central Alberta and spread over most of Saskatchewan, has fast become one of the country’s most desirable energy-investor hotspots. History and geology

It is almost two years since NAL Oil & Gas Trust first drilled and tied in four multi- frac horizontal wells in the Garrington Field, precipitating the Cardium tight sand 

Here's the hot Canadian oil play you probably never heard about There's a land grab quietly taking place in a little-known corner of northern Alberta. An Introduction: Alberta Deep Basin. The Deep Basin, one of Canada’s premier natural gas plays, produces ~3.2-3.3 billion cubic feet per day (bcf/d) of gas and is cost competitive with premier US gas basins such as the Marcellus. The oil sands dominate oil production in Alberta. In 2002, conventional oil production in Alberta is surpassed by oil sands production for the first time - a sign of the changing focus of Alberta’s oil sector. Source: Provincial Archives of Alberta, GR1989.0516.394#3 +- The Athabasca Oil Sands. When it comes to oil and gas, Alberta is arguably most famous- or infamous, depending on who you talk to- for its sprawling northern oil sands. Sometimes referred to as the Athabasca tar sands, this deposit is the largest known bitumen deposit in the world. The Alberta Bakken Bakken is a Devonian Shale light oil play stretching from Southern Alberta into Montana covering a large land area (>100 miles).   Although the Bakken is the targeted zone, there is multi-zone oil potential (deepest to shallowest): The Alberta Bakken play shares a lot of geological characteristic with the original Bakken.

The oil sands dominate oil production in Alberta. In 2002, conventional oil production in Alberta is surpassed by oil sands production for the first time - a sign of the changing focus of Alberta’s oil sector. Source: Provincial Archives of Alberta, GR1989.0516.394#3 +-

Alberta's oil and gas industry is cost-competitive – the break-even costs of its resource plays are one of the lowest in North America. The oil and gas technology  Central Alberta is located at the heart of the Western Canadian Sedimentary Basin (WCSB) and plays an integral role in Alberta's energy sector by leveraging   The Montney resource play is a very large, siltstone gas reservoir that is of the National Energy Board, B.C. Oil and Gas Commission, the Alberta energy 

It is almost two years since NAL Oil & Gas Trust first drilled and tied in four multi- frac horizontal wells in the Garrington Field, precipitating the Cardium tight sand 

20 Jun 2018 ALBERTA. OIL & GAS. INDUSTRY. QUARTERLY. UPDATE. 2 Natural Gas Market. Update. 3 Conventional Crude. Update. 4 Oil Plays. In Alberta, the company is pursuing oil and liquid-rich gas resource plays to extract value from its extensive land position of more than 2 million acres. The  With its similarities to the Williston Basin, the companies are excited about the potential of this new emerging light oil play dubbed: The Alberta Bakken. Alberta's oil and gas industry is cost-competitive – the break-even costs of its resource plays are one of the lowest in North America. The oil and gas technology  Central Alberta is located at the heart of the Western Canadian Sedimentary Basin (WCSB) and plays an integral role in Alberta's energy sector by leveraging   The Montney resource play is a very large, siltstone gas reservoir that is of the National Energy Board, B.C. Oil and Gas Commission, the Alberta energy  15 Jan 2020 EMERGING HORIZONTAL REX OIL PLAY (16° API) – Upper Mannville (Rex/ Spirit River) 370 MMbbls OOIP and 4 hz wells drilled (2 on 

The Alberta Energy Regulator includes low permeability non-shale oil and gas reserves (often considered as “tight” oil and gas) with conventional oil and gas reserves due to historical and administrative reasons. Profitability Variation in Viking Oil Plays Published March 2018 in the Discovery Digest The profitability of Viking oil plays is compared using the Sproule Play Metrics module in Canadian Discovery’s Catalyst Play Evaluation Platform, which provides an integrated dataset for evaluating plays across the basin. Here's the hot Canadian oil play you probably never heard about There's a land grab quietly taking place in a little-known corner of northern Alberta. An Introduction: Alberta Deep Basin. The Deep Basin, one of Canada’s premier natural gas plays, produces ~3.2-3.3 billion cubic feet per day (bcf/d) of gas and is cost competitive with premier US gas basins such as the Marcellus. The oil sands dominate oil production in Alberta. In 2002, conventional oil production in Alberta is surpassed by oil sands production for the first time - a sign of the changing focus of Alberta’s oil sector. Source: Provincial Archives of Alberta, GR1989.0516.394#3 +-