HOUSTON, TEXAS (Energy Analytics Institute, 29.Nov.2024) — The Montney Shale, nestled within Canada’s Western Canada Sedimentary Basin (WCSB), is emerging as a key player in North America’s unconventional oil and gas sector.
This prolific resource has long been a cornerstone for Canadian energy giants—ARC Resources, Canadian Natural Resources Limited (CNRL) and Tourmaline Oil Corporation—but its immense potential has also drawn the attention of US-based companies like ConocoPhillips, Murphy Oil Corp. and Ovintiv Inc.