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  1. The site of a vast sea millions of years ago, this basin is rich in oil and gas deposits in sedimentary rock layers, at various depths, from several hundred to several thousand metres below the surface. The B.C. portion of this basin contains mostly natural gas, with limited oil deposits. Gas and oil production in B.C. began in the mid 1950s.

  2. May 10, 2017 · For more information about B.C. Oil and Gas Statistics. Office. 778 698-3663. Email. cathy.mou@gov.bc.ca. Did you find what you were looking for?

  3. In 2023, natural gas production in B.C. averaged 6.7 billion cubic feet per day (Bcf/d) (Figure 1), accounting for 36% of Canada’s natural gas production. Natural gas is produced in the northeastern part of B.C., almost all from the Montney Formation. Natural gas production has almost doubled from the average of 3.7 Bcf/d produced in 2013.

  4. Apr 8, 2024 · The Oil and Gas Industry within British Columbia has been primarily located within the Northeast area of the province and can be broken up into 5 distinct resource plays: Of these areas, the largest and most dominant play is currently the Montney formation area. Significant development of the Montney began in 2005 and the formation has become ...

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  5. Sep 23, 2022 · Oil and gas represent 19% of BC’s exports and contribute about five times as much to the economy as the average sector. In just the 2019-2020 year, BC received about $575 million from oil and natural gas land sales and royalties. Far from a marginal or declining sector, natural gas is one of BC’s keystone industries.

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  6. The BC Energy Regulator (BCER) is a single-window regulatory agency with responsibilities for overseeing oil, gas and renewable geothermal operations in British Columbia. The BCER oversees activities from exploration and development, to pipeline transportation and reclamation.

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  8. Jan 24, 2024 · Northeast British Columbia (BC) is an area of growing natural gas production in Canada. Development of tight gas Definition * in the Montney Formation is the main reason why BC’s natural gas production more than doubled between 2010 and 2022. In 2010, BC’s natural gas production averaged only 2.88 billion cubic feet per day (Bcf/d), and in ...

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