Remove Associated Gas Remove Dry Gas Remove Natural Gas
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100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down

Enverus

The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for natural gas, from what is expected to be exceptional levels of condensate-directed Montney drilling in the coming years. Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C.

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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

As Montney E&Ps pivot towards condensate-directed drilling, they will likely produce large quantities of associated gas. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices. Figure 2: Canadian bitumen, condensate and associated gas growth projections through 2030.

Oil 130
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A Guide to Enhanced Oil Recovery (EOR)

Drillers

It cannot be used in natural gas reservoirs, for example. Nitrogen and dry gas a gas that is found without condensates or other liquid hydrocarbonsare commonly used as immiscible gases in gas injection recovery. The most popular gas for gas injection recovery is carbon dioxide.

Oil 52