W. Canada's Devonian resource significant even at low gas prices

The economic potential of undiscovered natural gas resources in the Western Canada sedimentary basin is analyzed by the Geologic Survey of Canada and the Energy Sector of Energy Mines and Resources Canada. Gas resources of the Devonian system in this basin are estimated at 126 trillion cubic feet, of which 50% has not been discovered. Costs of exploration, development and production of undiscovered pools are analyzed for mature plays and conceptual plays.
This article summarizes Part II of Geological Survey of Canada Bulletin 452, entitled Devonian Gas Resources of the Western Canada sedimentary basin (WCSB). It provides supply curves and summary estimates [...]