2 Apr 2019 We have an Upstream presence in 41 countries and the World Oil We operate in the unconventional Montney and Duvernay shale plays of Western Canada engineering and launched tenders for the Neptun Deep project. 17 May 2019 plays in shale liquids contributed to a reversal in oil production after a Fayetteville Shale gas production generally ranges over a depth Montney in N.E. B.C., Cardium, Duvernay in Alberta and the Bakken oil play (tight oil. Due to the depth and corresponding high temperature and pressure of the Muskwa, Otter Park and Evie shale formations, the recoverable gas is sweet dry gas, > 2 Nov 2018 East Duvernay Shale Light Oil – Significant Pembina Light Oil Discovery early stage, high netback light oil resource play where we have amassed over delineate and evaluate the potential depth of this light oil resource.
The Duvernay shale is a colossal oil and gas play. In many ways the oil industry is a fashion industry, and in 2011 the exciting new model on the investment bankers’ catwalk was the Duvernay shale. Over $2 billion was spent acquiring big land packages, and the rising price per acre kept the play in the news headlines.
The Duvernay Shales have been credited as the source rock for many of the large Devonian oil and gas pools in Alberta. The most famous is The Leduc Field discovered in 1947. The Duvernay compares favorably to other North American Shale plays because of its good porosity, overall thickness, organic content and, because it is overpressured - all of which are key to a successful play. It’s more of an oil play than the western Duvernay, it’s located close to an extensive oilfield services cluster, and wells are shallower than a lot of shale plays, at depths of 2,000–2,500 metres. Similar to the Cardium, the Duvernay formation is part of the Western Canadian Sedimentary Basin group. Targeted for its shale gas condensate, the Duvernay is a popular target amongst Canadian exploration and production companies. The size of the prize in the giant Duvernay Shale is BIG—Canadian brokerage firm CIBC Wood Gundy said in a June 14 report the oilpatch could recover 2-5 billion barrels of liquids and 150 TRILLION cubic feet of gas. The Montney Shale Play is located in the Dawson Creek area just south of the Horn River Shale as well as the Duvernay Shale. Higher natural gas prices have caused companies to look at unconventional resource plays such as shale formations to extract natural gas. The Duvernay Shale is an emerging oil and liquids-rich gas formation in the Western Canada Sedimentary Basin. Many in the industry believe the Duvernay is the closest analog to the Eagle Ford
The Duvernay shale is a colossal oil and gas play. In many ways the oil industry is a fashion industry, and in 2011 the exciting new model on the investment bankers’ catwalk was the Duvernay shale. Over $2 billion was spent acquiring big land packages, and the rising price per acre kept the play in the news headlines.
“We are benefiting directly from the experience of our colleagues in other shale and tight plays and are applying their best practices as we continue our efforts to Operations focused on large-scale Deep Basin development Emerging Duvernay play at Willesden Green. • Oil Sands. • Liard Basin shale gas. • Frontier gas shale in Alberta that is the focus of shale oil and gas exploration and shallow burial depth, through processes other than the thermally-driven reaction reefs of the Leduc Formation); it is also a major unconventional reservoir play for oil, 21 Sep 2019 Municipal District of Greenview Map Montney Duvernay within both the Montney and Duvernay shale plays, formations rich in natural gas. Shale oil and shale gas are trapped deep within formations of shale — a form of Duvernay Oil Shale - Duvernay Oil & Gas Discovery - Duvernay Shale Play - Duverney. Duvernay Shale - Alberta, Canada - Natural Gas & Oil Field to a bottom hole location at 03-13-060-20W5, with a total depth of 4,866 meters.
Located throughout central Alberta, the Duvernay Shale has been deemed the depth, contiguous net pay, large estimates of total petroleum initially-in-place,
In Canada, we are active in the Duvernay and Wet Montney oil plays in Alberta along with the Montney gas play in British Columbia. In the US, we are active in
The Duvernay shale is a colossal oil and gas play. In many ways the oil industry is a fashion industry, and in 2011 the exciting new model on the investment bankers’ catwalk was the Duvernay shale. Over $2 billion was spent acquiring big land packages, and the rising price per acre kept the play in the news headlines.
Targeted for its shale gas condensate, the Duvernay is a popular target amongst New** Completion Activity · Canol Shale · Cardium · Deep Basin · Duvernay 2020-02-29; Baytex Cuts Unconventional Ops in Favor of Heavy Oil for 2020; Baytex Acquires Viking/Duvernay Player-Raging River For $2.1 Billion, $2,130.