Alberta Duvernay Shale has significant potential for oil and natural gas – NEB
Duvernay Shale has more marketable oil resource than Bakken Formation in Saskatchewan The NEB estimates Alberta’s Duvernay Shale has the potential to produce 3.4 billion barrels of marketable crude oil, 76.6 trillion cubic feet of marketable natural gas, and 6.3 billion barrels of marketable natural gas liquids (NGLs). The Duvernay Shale was deposited as organic-rich mudstone, a fine-grained rock, that extends beneath 130,000 square […]
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