Well Depth in Montney and Duvernay

September 30, 2020

The average total well depth of the Montney and Duvernay plays in Western Canada over the past 10 years. The growth in total well depth is usually associated with increased length of laterals which should lead to increased well productivity.

Western Canadian Oil and Gas Royalty Rates

July 24, 2024

In Western Canada, royalties are calculated based on a complex formula, which includes production, oil and gas prices, as well as different incentives. If the price of oil and gas decline, it will lead to a decline in royalty rates, as occurred in 2015 for oil and 2019 for gas.