Insight
H1 2026 WCSB gas: deferred, not distressed
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
H1 2026 saw weaker gas prices which prompted operators to curtail near-term production and defer capital. At the same time, Shell's acquisition of ARC Resources reshapes the Montney landscape but long-term growth drivers remain intact: LNG Canada's ramp-up and growing data-centre demand. This report covers peer group performance on realisations, netbacks and production, alongside analysis of how liquids weighting and corporate distribution strategies are evolving across the basin.
Table of contents
- Executive
-
Benchmark gas prices
- Gas price realisations
- Production
- Liquids cut
- Netbacks
- Corporate distributions
- Other events
- Tourmaline
- Guidance increases
Tables and charts
This report includes the following images and tables:
-
Benchmark gas pricesGas price realisations (excluding derivatives)
-
Operating netbackSales cost excluding derivativesSales cost including derivatives, quarter-on-quarterCorporate distributionsShare repurchases
What's included
This report contains:
Other reports you may be interested in
Insight
Asia-Pacific upstream in brief
This rolling document gives our opinion and analysis of the latest events and trends in Asia-Pacific's upstream sector.
$1,350
Asset Report
Boqueron
Boquerón was awarded in PDVSA's Third Round of Operating Service Agreements (OSAs or Marginal Fields) in June 1997. The ...
$3,720
Asset Report
Dacion
Dación is in the Maturín sub-basin of the Eastern Venezuela basin, within the prolific Oficina trend. Dación was ...
$3,720
