|
|
Article: British Columbia seeking ways to exploit unconventional reserves.(Canadian Markets)
- Article from:
- Natural Gas Week
- Article date:
- February 19, 2007
- Author:
CopyrightCOPYRIGHT 2007 Energy Intelligence Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
British Columbia sees a very unconventional future, at least where natural gas is concerned, according to Richard Neufeld, minister of energy, mines and petroleum resources for Canada's second largest gas-producing province.
Tight natural gas now represents 25% of British Columbia's gas output, while shale gas accounts for 5%. The potential is even greater. The ministry's latest estimates show the shale-gas resources in place exceeding 250 trillion cubic feet, while the tight gas potential is between 225 Tcf and 625 Tcf. Neufeld said as much as 500 Tcf from the two sources could be recoverable. Almost all the province's production, including the unconventional ...