Tag: Montney
Pengrowth transforms into thermal oil, Montney gas focused company
Pengrowth expects total thermal oil production to exceed 50,000 bbl per day Pengrowth Energy Corporation announced its third quarter 2017 financial and operating results and the completion of its strategic objective of focusing its asset base to its two growth assets, Lindbergh and Groundbirch, according to a press release. Pengrowth’s long-term development plan is centered on […]
Encana delivers Montney plant ahead of schedule, out-performing 5-year plan
New plants will more than double Encana’s Montney liquids production Encana successfully started up the Tower processing plant ahead of schedule and under budget on Sept. 20, according to a company press release. The plant is the first of three Veresen Midstream facilities that support Encana’s condensate-focused growth plan in the Montney. The Tower facility is in the process of ramping up. […]
Canadian natural gas producers face rocky future without West Coast LNG
CAPP expects Canadian natural gas exports to US to decline 50% by 2030 In the wake of Petronas’ decision to cancel the Pacific NorthWest LNG project three weeks ago, there is good and bad news for Canadian natural gas producers over the short to medium-term. Unfortunately, the bad outweighs the good. The Malaysian energy giant […]
Encana: On track to maximize value from condensate-rich Montney
By 2019, Encana expects Montney assets will produce 70,000 barrels per day of liquids Encana says it continues to successfully advance its five-year plan which it expects will deliver industry-leading cash flow growth and returns, according to a press release. The company’s Montney asset plays an integral part in this plan and will contribute significant […]
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