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December 7, 2021

Montney (Murphy Oil Corporation) BC Unconventional Gas Field, Canada

By Carmen

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

Field participation details

The field is owned by Murphy Oil.


Production from Montney (Murphy Oil Corporation) BC

The Montney (Murphy Oil Corporation) BC unconventional gas field recovered 31.18% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 379 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 285.4 Mmboe, comprised of 1,712.37 bcf of natural gas reserves. Montney (Murphy Oil Corporation) BC unconventional gas field reserves accounts 0.22% of total remaining reserves of producing unconventional gas fields globally.


About Murphy Oil

Murphy Oil Corp (Murphy) is an independent oil and gas exploration and production company that explores for and produces crude oil, natural gas, and natural gas liquids. It has interests in production sharing contracts, and serves as operator of several fields. The company has strong, oil-weighted portfolio of global offshore and North American onshore assets with focus on Deep water Gulf of Mexico. It operates upstream operating offices in the US and Canada, and owns and operates oil and gas fields in several countries across Asia-Pacific and the Americas and offices in Houston, Texas and Ho Chi Minh City, Vietnam. Murphy is headquartered in Houston, Texas, the US.

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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