Montney formation

So many unprecedented changes have occurred in the Canadian oil business that it is impossible to compare the current downturn to anything seen before.

Most of ConocoPhillips’ oil and gas production by the end of the next decade will come from its unconventional operations. But, for the near-term, the Houston independent will rely on conventional assets as it seeks to keep spending in check, decline rates low, and cash flow on the rise.

Previous studies demonstrate that Montney rock samples present a dual-wettability pore network. Recovery of the oil retained in the small hydrophobic pores is uniquely challenging.

Petronas cancels plans for the development of the Pacific Northwest LNG project in British Columbia intended to take away natural gas from the Montney formation for shipping to Asian countries. Low LNG prices strike a blow to the feasibility of the project.

This study compares the performance of openhole-packer completion systems with that of cemented-liner completion systems in the northern Montney gas resource play.

The Montney formation in Canada is one of the largest resource plays in North America.