Northern Area (Peyto Exploration & Development Corp) AB is a producing conventional gas field located onshore Canada and is operated by Peyto Exploration & Development.
Field participation details
The field is owned by Peyto Exploration & Development.
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Production from Northern Area (Peyto Exploration & Development Corp) AB
The Northern Area (Peyto Exploration & Development Corp) AB conventional gas field recovered 66.34% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 18 Mmcfd of natural gas and 1.01 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2059.
Remaining recoverable reserves
The field is expected to recover 5.49 Mmboe, comprised of 0.01 Mmbbl of crude oil & condensate, 26.72 bcf of natural gas reserves and 1.02 Mmbbl of natural gas liquid reserves.
About Peyto Exploration & Development
Peyto Exploration & Development Corp (Peyto Exploration & Development) is an oil and gas company that involved in exploration and development of natural gas. The company acquires, explores, develops and produces crude oil and unconventional natural gas reserves. It operates in the Alberta Deep Basin which is a geologic setting located on the northeastern front of the Rocky Mountain belt in the part of the Alberta sedimentary basin and explores and develops liquids-rich natural gas resources. Peyto Exploration & Development operation fields include Greater Sundance, Wildhay, Nosehill, Ansell, Brazeau, Kakwa and others. The company partners with other oil and gas companies for its exploration activities. Peyto Exploration & Development 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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