Alberta natural gas production at or close to peak

NEB, EUB put Alberta’s marketable conventional gas supply at 223 tcf – Sam Fletcher, Senior Writer

According to the report, Canada today accounts for one quarter of total North American natural gas production, with Alberta contributing nearly 80% of total Canadian gas production.

“Canada’s ability to remain a key supplier of natural gas will depend on the size and quality of its resource base,” the report said. Despite recent record levels of drilling in Alberta, it said, “Reserves growth has been unable to match production, and Alberta appears to have reached, or at least is very near, its peak capacity. Consequently, there is significant interest in Alberta’s ultimate potential for marketable conventional natural gas.”
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