USA: Apache Finds Huge Shale Gas Reserves in Liard Basin
Apache Corp. has found a huge amount (up to 48 trillion cubic feet) of natural gas in its Liard Basin properties in northeastern BC. All of the gas is targeted to ship to a proposed LNG plant which should be built at Kitimat, according to Refinery News.
As the company says, it is the best unconventional gas discovery in North America. They have rights to drill 430,000 acres within the region.
Because of the low gas price, it is expected that the drilling plans in the Liard region could be very slow.
- No relief for natural gas producers as Apache’s Kitimat plant delayed (mb50.wordpress.com)
- Apache discovers massive shale gas field in B.C. (business.financialpost.com)
- Apache discovers huge gas reservoir in northern B.C. (calgaryherald.com)
Posted on July 11, 2012, in AMERICAS, Canada, Energy, Liard Basin, LNG, Natural Gas, North America and tagged Apache, Apache Corporation, British Columbia, Find, Gas, hits, Huge, Kitimat British Columbia, Liard Basin, Natural Gas, News, Reserves, Shale, USA. Bookmark the permalink. Comments Off on USA: Apache Finds Huge Shale Gas Reserves in Liard Basin.