Insight
Canada's Liard Basin - high-spec rigs signal vote of confidence
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.
What's included
This report contains
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:
Images
- Liard acreage positions and resource potentials
- Location of Liard Basin and proposed LNG export terminals
You may be interested in
Company report
Repsol corporate - reported results analysis
Company report
Rosneft corporate - reported results analysis
Questions about this report?
-
Europe:+44 131 243 4699
-
Americas:+1 713 470 1900
-
Asia Pacific:+61 2 8224 8898