Right now the Montney play that straddles Alberta and B.C. is the powerhouse of Canadian natural gas. B.C. is responsible for the bulk of production, and Encana is the biggest producer in B.C.
It’s also getting bigger.
Encana’s B.C. Montney natural gas production increased by 68 percent between September 2017 and January 2018, according to new data from Peters & Co. The company’s operated volumes grew to over 1 billion cubic feet per day, from approximately 625 million cubic feet per day.
Over the same period, total B.C. Montney production grew by about one percent, Peters & Co. said, to about 4.6 billion cubic feet per day.
Total Canadian natural gas production is currently approximately 16.7 billion cubic feet per day, according to the National Energy Board.
Encana had 13 of the top 25 new natural gas wells in the B.C. Montney in January, analysts noted, including a four-well pad at South Dawson producing about 44 million cubic feet per day.
The company also operated 11 out of the top 15 condensate or liquids wells in the B.C. Montney in January, with all but two wells at Swan/South Dawson.
Increasing higher-value liquids is a focus area for Encana; the company reported a doubling in Montney liquids between 2016 and 2017, to 29,000 bbls/d. This is expected to again double in the fourth quarter of 2018 to up to 65,000 bbls/d.