View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 6, 2021updated 27 Apr 2022 11:43am

North Montney Area (Petronas) Unconventional Gas Field, Canada

By Carmen

North Montney Area (Petronas) is a producing unconventional gas field located onshore Canada and is operated by Petroliam Nasional.

Field participation details

The field is owned by Petroliam Nasional, China Petrochemical, Indian Oil and Brunei National Petroleum Co Sdn.


Production from North Montney Area (Petronas)

The North Montney Area (Petronas) unconventional gas field recovered 30.84% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 768 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 592.38 Mmboe, comprised of 3,554.26 bcf of natural gas reserves. North Montney Area (Petronas) unconventional gas field reserves accounts 0.51% of total remaining reserves of producing unconventional gas fields globally.


About Petroliam Nasional

Petroliam Nasional Bhd (Petronas) is an integrated energy company that explores for, develops and produces crude oil and natural gas. Its downstream operations include processing and liquefaction of natural gas; refining of crude oil and marketing of petroleum products; manufacturing and sale of petrochemicals; and trading of oil, petroleum and petrochemicals. The company also carries out transportation and sale of liquefied natural gas (LNG). Petronas provides shipping and logistics services. Its infrastructure comprises refineries; blending plants; petrochemical manufacturing plants; gas infrastructure and utilities; and retail network. The company operates in Asia, Australia, Americas, Europe, and Africa. Petronas is headquartered in Kuala Lumpur, Malaysia.

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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology