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NEB notes shift toward BC in Canadian natural gas deliverability

04/26/2010
Gas deliverability in Canada will continue to decline through 2012 as production falls in Alberta and rises in British Columbia, says the National Energy Board.A drilling slump began to reduce deliverability—which NEB defines as "the estimated amount of gas that can be supplied from a given area based on historical production and declines as well as projected activity and results"—in 2008.After staying at about 17 bcfd through most of the last decade, Canadian deliverability fell to 15.8 bcfd at the end of 2008 and to an estimated 14.4 bcfd at the end of 2009.The decline will continue under any of three price scenarios in NEB's analysis: a mid-price range of $5.50/MM...
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