|Author(s)||National Energy Board British Columbia Oil and Gas Commission British Columbia Ministry of Natural Gas Development, Alberta Energy Regulator||Date||2013-11-25|
The Montney Formation's marketable, unconventional petroleum potential has been evaluated for the first time in this 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.
The thick and geographically extensive siltstones of the Montney Formation are expected to contain 12,719 billion m3 (449 Tcf) of marketable natural gas, 2,308 million m3 (14,521 million barrels) of marketable natural gas liquids, and 179 million m3 (1,125 million barrels) of marketable oil.
Recoverable resource estimates are based on the technology and production activity at the time the report was created.
Alberta Energy Regulator (2013): Energy briefing note: the ultimate potential for unconventional petroleum from the Montney Formation of British Columbia and Alberta; Alberta Energy Regulator, AER/AGS Information Series 144, 23 p.