Report doubles BC shale-gas estimate

British Columbia: Horn River basin boosts shale-gas estimates

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Luke Johnson

 06 May 2011 22:54 GMT

A new assessment of the shale gas contained in the Horn River basin of north-eastern British Columbia more than doubles the province’s estimated unconventional reserves.

A report released today from the National Energy Board (NEB) and British Columbia Ministry of Energy and Mines puts the marketable shale gas in the basin at 78 trillion cubic feet, including 75 Tcf of undiscovered resources.

It is the first publicly released probability-based resource assessment of a Canadian shale basin, the report’s authors said.

"This report should provide residents of our province with a sense of optimism about the future,” BC Energy and Mines Minister Rich Coleman said in a release.

“BC is recognised for its significant shale gas reservoirs as well as…

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