The Horn River Basin shale play is located in northeast British Columbia and is a relatively new natural gas discovery. It is the largest known shale gas field in Canada. A large number of mostly Canadian and American companies have been busy obtaining leases in the Horn River area, and a 36-inch pipeline is being built to transport natural gas from this remote area to a tie-in point on TransCanada’s existing Alberta System.
Experts estimate there is about 250 trillion cubic feet (tcf) of natural gas in the field, of which 10% to 20% is recoverable. Another emerging shale play in British Columbia, just south of the Horn River shale, is the Montney shale, which is estimated to hold up to 50 tcf of gas reserves and extends east into Alberta.
Liard and the Besa River shale
Aug 20, 2012
Northern Canada’s lesser-explored basins leave lots of scope for big plays, including in thick sections of Devonian-age sediments. |
Quicksilver, KKR form partnership for Horn River midstream
Dec 28, 2011
Units of Quicksilver Resources Inc., Fort Worth, and Kohlberg Kravis Roberts & Co. LP have formed a midstream partnership to build and operate natural gas midstream services in British Columbia and the Northwest Territories of Canada. |
Nexen, Inpex form venture to develop BC shale gas
Nov 29, 2011
Nexen Inc. and a consortium led by Japan’s Inpex Corp. agreed to create a joint venture to develop unconventional shale gas assets in the Horn River, Cordova, and Liard basins in northeastern British Columbia. |
Pembina to expand Montney shale NGL pipeline capacity
Nov 11, 2011
Pembina Pipeline Corp. will install five new pump stations and upgrade five existing pump stations to expand NGL throughput capacity on its Peace and Northern Pipelines (together the Northern NGL System) by 55,000 b/d to accommodate increased field liquids extraction by producers in the Western Canadian Sedimentary Basin. |
Spectra reaches Montney shale gas processing agreements
Oct 21, 2011
Spectra Energy Corp. has entered into multiyear agreements with Progress Energy Resources Corp. to provide a total 370 MMcfd of natural gas gathering and processing services for Montney shale production in northeast British Columbia. |
Encana to sell interest in Cabin Gas plant
Oct 7, 2011
Enbridge Inc. reached an agreement with Encana Corp., both of Calgary, to acquire Encana’s interest in the Cabin Gas plant in the Horn River basin of northeast British Columbia for $220 million (Can.). Closing is expected in December. |
ExxonMobil takes Argentina shale farmout
Aug 31, 2011
ExxonMobil Exploration Argentina SRL and a unit of Americas Petrogas Inc., Calgary, will explore and possibly exploit the Canadian company’s 163,500-acre Los Toldos blocks in the western Neuquen basin of Argentina for oil and gas in shales. |
British Columbia: More Horn River gas flowing
Aug 8, 2011
Only two more wells are needed to validate nearly all of Quicksilver Resources Inc.’s exploratory licenses in the Horn River basin of Northeast British Columbia and convert them to 10-year development leases. |
Encana, PetroChina call off Cutbank Ridge talks
Jun 21, 2011
Encana Corp. and PetroChina International Investment Co. were “unable to achieve substantial alignment” after more than a year on a proposed joint venture in Encana’s Cutbank Ridge assets in western Canada, including the joint operating agreement. |
British Columbia: Quicksilver updates Horn River
Feb 28, 2011
Quicksilver Resources Inc., Fort Worth, said four of the six horizontal wells it has drilled into the Muskwa and Klua formations in the Horn River basin of Northeast British Columbia are on production. |
TransCanada reports lower earnings; details 2011 spending plans
Feb 16, 2011
TransCanada Corp. announced net income applicable to common shares for the year ended Dec. 31, 2010, of $1.2 billion or $1.78/share, compared with $1.4 billion ($2.11/share) in the same period last year. |
Apache, EOG Resources to buy 50% stake in Kitimat pipeline
Feb 9, 2011
Kitimat LNG partners Apache Canada Ltd. and EOG Resources Canada Inc. have agreed to purchase Pacific Northern Gas Ltd.’s 50% stake in the Pacific Trail Pipelines LP for $50 million. |
TransCanada's Horn River gas pipeline receives NEB approval
Feb 7, 2011
Canada’s National Energy Board approved TransCanada Corp.’s Horn River natural gas pipeline project. The pipeline will connect British Columbia shale gas supplies to TransCanada’s Alberta System. |
Encana to sell Colorado gas plant
Jan 18, 2011
Encana Oil & Gas (USA) Inc., subsidiary of Encana Corp., Calgary, will sell its Fort Lupton natural gas processing plant in Colorado to Western Gas Partners LP, Houston, for about $303 million. |
Canada's Montney shale to get gas plant
Jan 11, 2011
AltaGas, Calgary, has let a contract to IMV Projects, a Wood Group company also based in Calgary, for the engineering, procurement, and construction management for the $235 million (Can.) Gordondale sour gas processing plant and associated gas gathering. |
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