Articles tagged Western Canada

As concrete pouring and substantial site preparation begins at the Woodfibre LNG project in British Columbia (BC), project partners are targeting for the facility to be Canada’s second operational terminal.

Tourmaline Oil Corp., the largest natural gas producer in Canada, is reducing 2024 natural gas production in the Western Canadian Sedimentary Basin (WCSB) by about 100 MMcf/d from previous guidance, or 4% essentially eliminating any gas growth in 2024, “and we definitely think that’s the right thing to do,” CEO Mike Rose said. 

TC Energy Corp. has again upwardly revised the expected cost of the Coastal GasLink (CGL) natural gas pipeline in Western Canada, citing challenges on multiple fronts.

As the top natural gas producer in Canada, Tourmaline Oil Corp. flowed 2.2 Bcf/d throughout the third quarter of 2022, with next year’s output expected to average 2.5 Bcf/d.

Montney Shale pure-play Arc Resources Ltd. is forecasting strengthened pricing at the NOVA/AECO hub in western Canada relative to the U.S. Henry Hub over the coming months, according to management.

 A 1,020-square-mile spread of Canadian drilling rights in the Montney and Duvernay formations of Western Canada went on the market by ExxonMobil affiliates Wednesday in the latest property sales launched by integrated major.

Capacity additions underway in annual stages on three TC Energy Corp. pipeline subsidiaries are set to increase Canadian natural gas exports to California, Nevada, Oregon and Washington during 2022 and 2023.