Alberta

Outline

Key Indicators

Rating

B-

Ranking

55

Outlook

Negative

Commentary

Although well developed new plays are being matured. Consequently, there remains significant opportunities for upside, as well as redevelopment of the existing fields. However, this is more than offset by the pervading political environment in Canada, which is a significant headwind, hence Outlook Negative

Updated

June 11, 2021

Outline

Region

Americas - North

Position

Onshore

Hydrocarbon

Gas

Location

Alberta

Description

The Alberta Basin, along with the Williston Basin, forms the majority of the Western Canada Sedimentary Basin. It is a simple north-east tapering wedge of sedimentary rocks more than 6km thick. It extends south-west from the Canadian Shield into the Cordilleran foreland thrust belt. Its internal structure and the lateral foreland basin that was superimposed on a cratonic platform and continental terrace wedge.

Summary

The Basin is well developed, and significant infrastructure in place lowers the commerciality threshold. However, pipeline constraints have had a significant impact on the local pricing, with recent historic discounts to WTI being experienced.

Source: ESRI, BGS, USGS & OGA data

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