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  1. Market Data
May 9, 2022

Montney (Athabasca Oil Corporation) AB Unconventional Gas Field, Canada

By Carmen

Montney (Athabasca Oil Corporation) AB is a producing unconventional gas field located onshore Canada and is operated by Athabasca Oil.

Field participation details

The field is owned by Athabasca Oil.


Production from Montney (Athabasca Oil Corporation) AB

The Montney (Athabasca Oil Corporation) AB unconventional gas field recovered 40.86% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 2.79 thousand bpd of crude oil and condensate, 24 Mmcfd of natural gas and 0.67 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039.


Remaining recoverable reserves

The field is expected to recover 16.79 Mmboe, comprised of 64.73 bcf of natural gas reserves and 6 Mmbbl of natural gas liquid reserves. Montney (Athabasca Oil Corporation) AB unconventional gas field reserves accounts 0.01% of total remaining reserves of producing unconventional gas fields globally.


About Athabasca Oil

Athabasca Oil Corp (Athabasca) is an upstream energy company that focuses on exploration, development and production of bitumen, light oil and liquids-rich natural gas from oil sands and related assets. The company employs multi-stage fracturing and horizontal drilling technology from unconventional reservoirs to produce oil. It owns assets in the Athabasca oil sands region of northeastern Alberta, Canada. Athabasca has contingent resources in areas, namely, Hangingstone, Dover West Sands, Dover West Carbonates, Dover, Birch, and Grosmont. The company operates Light Oil assets in Kaybob Area and Simonette Area, and holds rights in Duvernay, Montney, and Nordegg Formations. Athabasca is headquartered in Calgary, Alberta, Canada.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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