Canada’s Gas Extraction Industry: Industrial Outlook Winter 2014

The Conference Board of Canada, 10 pages, March 27, 2014
Report by
4.0/5 based on 1 review
(You must be signed in and entitled to rate this report)
This report examines the short-and medium-term economic and profitability outlook for Canada’s Gas Extraction Industry.

Document Highlights

  • Gas Prices—In 2013, gas prices saw their first year-over-year improvement since 2004–05. However, the improvement is expected to be temporary, with prices not expected to remain above their pre-2010 levels.
  • Drilling Activity—Drilling activity in the gas extraction industry remains weak as companies remain focused on increasing per well return by targeting liquids-rich plays and improving well productivity.
  • British Columbia LNG—The B.C. government has pushed back the announcement of a fiscal framework for liquefied natural gas royalties. The resulting regulatory and pricing risks associated with LNG export terminals have led to delays to the final investment decisions.

Access document

(you will be asked to sign-in)

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.