October 30, 2026
Alberta Deep Basin gas full cycle costs from a low of USD $1.01/Mcf for wells with an Initial Productivity (IP) greater than 18 MMcf/d to a high of USD $5.56/Mcf for wells with an IP of under 3 MMcf/d, inclusive of liquids uplift. Average liquids uplift in Alberta Deep Basin is USD $0.46/Mcf. Average Operating costs are USD $0.78/Mcf while royalties & taxes are USD $0.19/Mcf. F&D costs range from USD $0.21 to $2.63/Mcf and the 15% producer return ranges from USD $0.19 to $2.32/Mcf. A basis differential to Henry Hub is not included.
Incorrys analysis shows 67 Tcf of gas resource available below USD $3/Mcf and 74 Tcf available below USD $4/Mcf. Raw gas production in 2025 was 2.0 Bcf/d.