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Page added on March 17, 2006

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Canada Gas Supply Maturing; Output Set to Decline

Western Canada’s natural gas production is maturing, and maintaining output rates will only get more difficult.

While the region is home to significant gas reserves, they’re getting harder to find as fields run out, and an increasing numbers of wells need to be drilled to keep current output steady.

That’s a worrying sign for other Canadian industries, such as the petrochemicals and oil sands sectors, that require large volumes of gas to be profitable.
Schlumberger



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