New Alberta reserves study finds Alberta's gas reserves have increased six-fold, moving Canada's gas reserves into the top 10 globally.
Alberta has always been a giant when it comes to natural gas, but after looking carefully at the Montney, Duvernay and the Deep Basin, new data has identified that the total gas resource in ground exceeds 1,360 trillion cubic feet (TCF). Of this, 130TCF is proved and recoverable gas reserves. For comparison, the latest U.S. government reserve number, using comparable methodologies, for Texas natural gas is 170TCF.
Left to right - Daniel Yergin, vice chairman S&P Global; Hon. Danielle Smith, Premier of Alberta; Hon. Susan B. Bourgeois., Louisiana Secretary of Economic Development; and Jim Fitterling, CEO Dow Inc.
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