Country Report
British Columbia upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
British Columbia has historically taken a back seat in the development of Canada's prolific Western Canadian Sedimentary Basin (WCSB). However, favourable fiscal terms combined with technology advances allowing commercial exploitation of resource plays have led to a revival of interest and activity. In particular, the Montney play caused a frenzy of leasing activity between 2006 and 2010. Industry activity and production has increased substantially and the Montney play currently ...
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
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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
- 1 more item(s)...
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Exploration
-
Drilling
- Drilling activity
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Plains Gas
- Triassic to Devonian
- Deep Basin Gas
- Coalbed Methane (CBM)
- Shale Gas
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British Columbia’s Frontier Basins
- Interior Basins
- Offshore Basins
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Drilling
-
Reserves and resources
- Reserves Growth and Yet-To-Find Reserves
-
Western Canada - Methodology
- Estimated working interests
- Sales point and measurement assumptions
- Infrastructure
- Production forecast
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Production
-
Oil/Liquids
- Historical Background
- Current Trends and Outlook
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Gas
- Historical Background
- Current Trends and Outlook
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Oil/Liquids
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Infrastructure
- Oil infrastructure
- Hubs and Storage
- Refineries
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Oil Transmission Pipelines
- Trans Mountain Pipeline
- NGL Transmission Pipelines
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Gas infrastructure
- Historical Overview
- LNG
- NOVA (TransCanada Alberta System)
- Westcoast
- ATCO Pipelines
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Gas Processing
- Alberta
- Gas Storage
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Costs
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Capital costs
- Capital expenditure by location
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Capital costs
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Policy and regulation
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Key legislation
- Canada
- British Columbia
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Regulatory body
- Canada
- British Columbia
- Government depletion policy
- Development Approval
- Production Sharing
- Licensing
- Exploration
- Crown Lands
- 1 more item(s)...
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Key legislation
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Fiscal terms
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Overview
- Upstream
- Mid/Downstream
- Gas Utilisation
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Current fiscal terms
- State equity participation
- Bonuses, rentals and fees
- Signature bonuses
- Area rentals
- VAT/Sales Taxes
- Royalty
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Crown Royalties
- New British Columbia Crown Royalty Framework (For wells drilled September 2022 and forward)
- British Columbia Historical Crown Royalties (For wells drilled prior to September 2022)
- Oil
- Production Sensitivity
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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
- 6 more item(s)...
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Overview
Tables and charts
This report includes the following images and tables:
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British Columbia Liquids ProductionGas ProductionKey facts: Table 1
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Western Canada Sedimentary Basin Overview MapReserves and contingent resources at 01/01/2025Liquids and Gas Production 2025Map of Western Canada GeologyWestern Canadian Stratigraphic ColumnProduction: Table 1Production: Table 2British Columbia Liquids ProductionInfrastructure: Table 1
- 14 more item(s)...
What's included
This report contains:
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