Alberta Oil & Gas Play of the Week – MONTNEY FM AB

March 4th, 2014 by

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The MONTNEY FM in Alberta is located between Whitecourt & Fairview Alberta. Recent advances in technology, such as multi-stage hydraulic fracturing, have made it possible to economically develop unconventional gas and oil in the Montney Formation.    The substance breakdown is 53% oil and 47% gas.

One way to find value is to look at low-cost oil and gas producing regions. There may be an array of shale basins to choose from, but the Montney Shale in Western Canada should be at the top of every investors watch list. According to the Bank of Canada, the Montney has some of the lowest short-run marginal costs of production at sub $50 per barrel. That is lower than the Bakken, lower than the Eagle Ford, and lower than the Permian – three much more famous shale regions.

That means with lower oil prices the Montney stands as the best play to weather and thrive.

Why is the Montney the prospect to invest in? According to a joint assessment by several of Canada’s top federal and provincial energy boards, the Montney Shale holds some of the largest and least-explored oil and gas reserves in North America.

Located on the border of Alberta and British Columbia, the Montney Shale potentially holds 449 trillion cubic feet (tcf) of natural gas trapped in shale, along with 14.5 billion barrels of natural gas liquids, and 1.1 billion barrels of oil.

MONTNEY FM Drilling 2014 – 2015 Comparable 

2014 2015 Comparables

MONTNEY  Companies 2014/2015 Winter Drilling

2015 Producer List 

MONTNEY FM Map – Green is Crude & Blue is GasMONTNEY FM Map

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