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
-
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
-
Plains Gas
- Triassic to Devonian
- Deep Basin Gas
- Coalbed Methane (CBM)
- Shale Gas
-
British Columbia’s Frontier Basins
- Interior Basins
- Offshore Basins
-
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
-
Production
-
Oil/Liquids
- Historical Background
- Current Trends and Outlook
-
Gas
- Historical Background
- Current Trends and Outlook
-
Oil/Liquids
-
Infrastructure
- Oil infrastructure
- Hubs and Storage
- Refineries
-
Oil Transmission Pipelines
- Trans Mountain Pipeline
- NGL Transmission Pipelines
-
Gas infrastructure
- Historical Overview
- LNG
- NOVA (TransCanada Alberta System)
- Westcoast
- ATCO Pipelines
-
Gas Processing
- Alberta
- Gas Storage
-
Costs
-
Capital costs
- Capital expenditure by location
-
Capital costs
-
Policy and regulation
-
Key legislation
- Canada
- British Columbia
-
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
-
Fiscal terms
-
Overview
- Upstream
- Mid/Downstream
- Gas Utilisation
-
Current fiscal terms
- State equity participation
- Bonuses, rentals and fees
- Signature bonuses
- Area rentals
- VAT/Sales Taxes
- Royalty
-
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
-
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)...
-
Overview
Tables and charts
This report includes the following images and tables:
- British Columbia Liquids Production
- Gas Production
- Key facts: Table 1
- Western Canada Sedimentary Basin Overview Map
- Reserves and contingent resources at 01/01/2025
- Liquids and Gas Production 2025
- Map of Western Canada Geology
- Western Canadian Stratigraphic Column
- Production: Table 1
- Production: Table 2
- British Columbia Liquids Production
- Infrastructure: Table 1
- 14 more item(s)...
What's included
This report contains:
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