Insight
Canada's Liard Basin - high-spec rigs signal vote of confidence
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Report summary
On 30 July 2013, two drilling companies, Trinidad and AKITA, both announced they had separately been contracted by a senior multinational producer to build amongst the largest and most technically advanced land rigs in Canada. The estimated Cdn$40-million (US$39-million) fit-for-purpose rigs are expected to be used to drill for natural gas in the Liard Basin in northeast British Columbia.
Table of contents
- Big rigs for a big resource
- Only a handful of players and a mammoth resource
- Well performance rivals the best of North America
- Huge productivity wells paving the way for a multi-billion dollar commitment
- But challenges remain
- Liard gas may prove critical to success of LNG export
- LNG – if you drill it they will come
Tables and charts
This report includes 2 images and tables including:
- Liard acreage positions and resource potentials
- Location of Liard Basin and proposed LNG export terminals
What's included
This report contains:
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