Mark Pinney, Stephen Rodrigues
Canadian Association of Petroleum Producers
While the demand for Western Canadian Sedimentary Basin (WCSB) gas is set to grow in the coming years, the petroleum industry, aided by improvements in drilling, production, and exploration technology, is expected to meet this challenge.
To ignore the impact technology has had, and will have, on natural gas supply, will inevitably lead to a dramatic under-evaluation of the resource base. Analysts have fallen into this trap before, most notably in the 1970s, which resulted in unfounded concerns.
The industry in Western Canada continues to look for and experiment with new production...