There is nothing new about Alberta’s Deep basin. It is not a dynamic new basin — or even the most popular one in North America — but it is one of Canada’s richest and most reliable.
For producers looking for low-risk opportunities, the Deep basin is the place to be.
With a history of drilling dating from 1906, it was not until the 1970s that Canada’s oil and gas industry realised the potential of the abnormally-pressured, hydrocarbon-saturated strata that flank Alberta’s western border from north to south in the heart of the Western Canadian Sedimentary basin.
Production
