Where is Montney drilling happening?

The Montney play has a wide reach, spanning from NE BC to central AB. When talking “Montney drilling”, what areas are most active? The infographic below tells us that the bulk of Montney drilling is happening in the Heritage field, followed by Northern Montney, Kakwa, and Elmworth. Now it’s time for the “what”.

Who is the best driller in Montney?

Knowing the players in the area is critical. As can be seen in the graph below, ARC Resources Ltd has become the top player in the Montney over the past five years. Montney Development has been dominated by the top three drillers – ARC, Ovintiv Canada ULC, and Tourmaline Oil Corp.

Are Montney drilled and uncompleted Wells ready?

Montney operators in northeast B.C. have an inventory of drilled but uncompleted wells (DUCs) and unutilized well licences ready when the call on supply comes from LNG Canada. But right now, they are keeping their powder dry as low prices have stalled activity, and production is declining.

Does Montney drilling continue to expand its reach?

As illustrated below, companies continue to extend their reach (pun intended) as they drill deeper, more complex wells year-over-year. Interesting to note that since the peak of Montney drilling in 2017, we see well counts decline, but overall meters drilled hasn’t declined at nearly the same rate.

Is Montney a marketable oil rig?

The Montney formation’s marketable, unconventional petroleum potential has been evaluated for the first time in a joint assessment by the National Energy Board, the British Columbia Oil and Gas Commission, the Alberta Energy Regulator, and the British Columbia Ministry of Natural Gas Development.

How much proppant does a Montney well need?

rovince and CER scenario. In 2023, the average Montney well required 5,324 tonnes of proppant, which would require 245 loads with large sand haulers, and the entire Montney used 4.99 million tonnes of sand req