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  1. Market Data
May 2, 2022

Pembina (Bonterra Energy Corp.) Conventional Oil Field, Canada

By Carmen

Pembina (Bonterra Energy Corp.) is a producing conventional oil field located onshore Canada and is operated by Bonterra Energy.

Field participation details

The field is owned by Bonterra Energy and othres.


Production from Pembina (Bonterra Energy Corp.)

The Pembina (Bonterra Energy Corp.) conventional oil field recovered 43.54% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 8.25 thousand bpd of crude oil and condensate, 31 Mmcfd of natural gas and 1.48 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054.


Remaining recoverable reserves

The field is expected to recover 71.24 Mmboe, comprised of 37.93 Mmbbl of crude oil & condensate, 155.07 bcf of natural gas reserves and 7.46 Mmbbl of natural gas liquid reserves. Pembina (Bonterra Energy Corp.) conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.


About Bonterra Energy

Bonterra Energy Corp (Bonterra) is an oil and gas company. It acquires and develops producing or undeveloped oil and gas properties. The company produces crude oil, natural gas and natural gas liquids. It principally operates in the provinces of Alberta, British Columbia, and Saskatchewan in Canada. Bonterra primarily focuses on the development of Cardium land within Pembina, and Willesden Green fields in central Alberta. The company also operates Chambery field in Saskatchewan; and Prespatou area in British Columbia. Bonterra 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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