Country report
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51 Pages

British Columbia upstream summary


British Columbia upstream summary

Report summary

British Columbia has historically taken a back seat in the development of Canada's prolific Western Canadian Sedimentary Basin. But recently, fiscal terms more favourable than neighbouring Alberta combined with the emergence of new geological plays into the commercial arena have led to a revival of interest. In particular, the Montney and Horn River plays caused a frenzy of leasing activity between 2006 and 2010. As a result, industry activity and gas production is expected to ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.02 MB 51 Pages, 18 Tables, 9 Figures
  • Country Overview XLS - 718.50 KB

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Introduction
    • WCSB Structure and Sedimentation
    • WCSB basin
    • Source Rocks
    • Conventional Reservoir Rocks, Cap Rocks and Traps
      • Ordovician/Silurian Reservoirs
      • Devonian Reservoirs
      • Carboniferous Reservoirs
      • Permian Reservoirs
      • Triassic Reservoirs
      • Jurassic Reservoirs
      • Lower Cretaceous Reservoirs
      • Middle/Upper Cretaceous Reservoirs
      • Tertiary Reservoirs
  • Exploration
    • Drilling
      • Drilling activity
    • Plains Gas
      • Upper Cretaceous Shallow Gas
      • Lower Cretaceous and Jurassic
      • Triassic to Devonian
    • Foothills
    • Deep Basin Gas
    • Coalbed Methane (CBM)
    • Shale Gas
    • Conventional Heavy Oil
    • Conventional Light Oil
      • Alberta Basin
      • Williston Basin
    • Brtish Columbia’s Frontier Basins
      • Interior Basins
      • Offshore Basins
  • Reserves and resources
    • Reserves Growth and Yet-To-Find Reserves
    • Western Canada - Methodology
      • Estimated working interests
      • Sales point and measurement assumptions
      • Infrastructure
      • Production forecast
  • Production
    • Oil/Liquids
      • Historical Background
      • Current Trends and Outlook
      • Historical Background
      • Current Trends and Outlook
  • Infrastructure
    • Oil infrastructure
    • Hubs and Storage
    • Refineries
    • Oil Transmission Pipelines
      • Enbridge Mainline
      • Express Pipeline
      • TransMountain Pipeline
      • Rangeland Pipeline
      • Milk River Pipeline
      • Wascana Pipeline
    • NGL Transmission Pipelines
    • Gathering Systems
    • Gas infrastructure
      • Historical Overview
      • Proposed west coast lines
    • Gathering Systems
      • NOVA (TransCanada Alberta System)
      • Westcoast
      • TransGas
      • ATCO Pipelines
    • Gas Processing
      • Alberta
    • Gas Storage
  • Costs
    • Capital costs
      • Capital expenditure by location
  • Policy and regulation
    • Key legislation
      • Canada
      • British Columbia
    • Regulatory body
      • Canada
      • British Columbia
    • Government depletion policy
    • Development Approval
    • Production Sharing
    • Licensing
    • Exploration
    • Crown Lands
    • Freehold Lands
  • Fiscal terms
    • Overview
      • Upstream
      • Mid/Downstream
      • Pipelines
      • Gas Utilisation
    • Current fiscal terms
      • State equity participation
      • Bonuses, rentals and fees
      • Signature bonuses
      • Area rentals
      • VAT/Sales Taxes
    • Royalty
    • Crown Royalties
      • British Columbia Crown Royalties
      • Oil
      • Production Sensitivity
    • Price Sensitivity
      • Gas
      • Low Productivity Well Allowance
      • Deep gas royalty credits and holidays
      • Coalbed Methane (CBM)
      • Pacific LNG Related Royalty Program
    • Net profit royalty
    • Freehold Royalties
    • Other Production charges
    • Freehold Production Tax (FPT)
      • Domestic Market Obligation (DMO)
      • Product Pricing
    • Corporate Income Tax
      • Federal Income Tax
      • Provincial Income Tax
    • Taxable Income
      • Resource Allowance
      • Provincial Royalty Tax Credits
      • Loss Carry Forward/Backward
      • Fiscal/Contractual Ring-Fences
      • Federal Capital Tax
      • Provincial Capital Tax
      • Municipal taxes
      • Dividend Withholding Tax
    • Transfer of a licence interest
    • Corporate Structures
      • Trusts
      • Flow-through shares

In this report there are 27 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Western Canada Sedimentary Basin Overview Map
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Liquids and Gas Production 2014
  • Geology
    • Map of Western Canada Geology
    • Western Canadian Stratigraphic Column
  • Exploration
  • Reserves and resources
  • Production
    • Production: Table 1
    • Production: Table 2
    • British Columbia Liquids Production
    • Gas
    • Production: Table 4
    • British Columbia Gas Production
  • Infrastructure
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Western Canada Oil Infrastructure Map - Key Pipelines
    • Transmission Pipelines
    • Western Canada Gas Infrastructure Map - Key Pipelines
  • Costs
    • Costs: Table 1
    • Costs: Table 2
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
    • Fiscal terms: Table 3
    • Fiscal terms: Table 4
    • Fiscal terms: Table 5
    • Fiscal terms: Table 6
    • Fiscal terms: Table 7
    • GEM models
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