British Columbia

The shale gas play in Northeast British Columbia’s Horn River basin is still attracting participants even though only about 75 wells have been drilled there.

By OGJ editors
HOUSTON, July 14
– The shale gas play in Northeast British Columbia’s Horn River basin is still attracting participants even though only about 75 wells have been drilled there.

ExxonMobil Corp. and its Canadian affiliate reported having amassed a 250,000-acre position, eight tracts of which it acquired at a provincial land sale in early July. The company said its first four wells tested at 16-18 MMcfd (OGJ Online, July 10, 2009).

Meanwhile, TAQA North, a subsidiary of Abu Dhabi National Energy Co. PJSC, acquired 32,000 acres 30 miles north of Fort Nelson in the same sale.

The Canadian subsidiary was formed in August 2007 to acquire Northrock Resources, a subsidiary of Pogo Producing Co., Houston.

Since then, with two other acquisitions from Pioneer Canada and Prime West Energy Trust, TAQA has vaulted among Canada’s top 12 oil and gas producers. It also has operations in Montana, North Dakota, and Wyoming.

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