December 03, 2025
Montney gas production forecast to 2040 (MMcf/d) including Montney AB, Montney BC North and Montney BC South.
Montney AB Gas Production Forecast to 2040
Some areas in Montney AB are liquids rich, with liquids yield(s) ranging from 80-100 Bbl/MMcf. However, these areas are relatively small, and liquids production will slowly decline over the forecast period. Montney AB raw gas production was 3.5 Bcf/d in 2023 and is expected to reach over 3.9 Bcf/d in 2024. declining to 3.4 Bcf/d by 2040.
Montney BC north Gas Production Forecast to 2040
Montney BC North production will have peaks in 2024-2025 and again in 2031 to satisfy this LNG demand. Montney BC North raw gas production was 2.7 Bcf/d in 2023 and is expected to reach over 5.8 Bcf/d by 2040.
Montney BC south Gas Production Forecast to 2040
Montney BC South production will have peaks in 2024-2025 and again in 2031 to satisfy this LNG demand. Montney BC South raw gas production was 3.9 Bcf/d in 2023 and is expected to reach over 8.3 Bcf/d by 2031. It is then forecast increase to just over 8.8 Bcf/d by 2040. Montney BC South has significant resources with low full cycle.
Montney Gas Well Locations and Drilling
| 2020-2024 | Montney AB | Montney BC North | Montney BC South |
| Average Lateral Length, ft | 10,200 | 8,800 | 10,500 |
| Average Total Depth, ft | 18,700 | 15,800 | 18,200 |
| Location: Montney is located in Northeastern British Columbia (around Fort St. John, Dawson Creek, up toward Fort Nelson) and Northwestern Alberta (west of Grande Prairie, trending southeast toward the Edson–Hinton area) Number of gas wells drilled since 2010:
Average New Well Initial Productivity in 2023:
Peak Production in 2023:
|
Montney Alberta Number of New Wells
| 2020-2024 | Average Lateral Length, ft | 10,200 |
| 2020-2024 | Average Total Depth, ft | 18,700 |
| Location: Northwestern Alberta (west of Grande Prairie, trending southeast toward the Edson–Hinton area) Number of oil wells drilled since 2010: ~5,200 Average New Well Initial Productivity in 2023: ~4.7 MMcf/d Peak Production: 2023 — 3.5 Bcf/d |
The number of natural gas wells drilled in Montney AB grew from about 450 in 2014 to almost 500 in 2023. The number of new wells is expected to drop to around 330 in 2040. Incorrys is forecasting the number of new wells to fluctuate around 340 until 2030 and then remain relatively flat.
Montney AB Gas Well Initial Productivity (IP)
In 2021, Montney AB new well Initial Productivity (IP) was around 5 MMcf/d and declined to 4.7 MMcf/d in 2023. IP will continue to fluctuate around 5 MMcf/d until 2029 and then begin to decline to about 4 MMcf/d by 2040. Although Montney AB new gas well IPs is lower than Montney BC, Montney AB competes well with Montney BC due to the economic uplift from liquids.
Montney AB Gas Well Estimated Ultimate Recovery (EUR)
Well Estimated Ultimate Recovery (EUR) reached around 4.27 Bcf in 2022 and grew to 4.5 Bcf in 2023. EUR is expected to decline to just under 4 Bcf in 2030.
Montney BC North Number of New Wells
| 2020-2024 | Average Lateral Length, ft | 8,800 |
| 2020-2024 | Average Total Depth, ft | 15,800 |
| Location: Northeastern British Columbia (Fort St. John, up toward Fort Nelson) Number of oil wells drilled since 2010: ~2,670 Average New Well Initial Productivity in 2023: ~6.5 MMcf/d Peak Production: 2023 — 2.7 Bcf/d |
The number of natural gas wells drilled in Montney BC North grew from 114 in 2010 to almost 220 in 2023. Incorrys is forecasting New wells to spike in 2025 and 2031 to satisfy demand for LNG Canada – as Phases 1 and 2 come onstream. Outside of the two drilling peaks, the number of wells is expected to grow slowly reaching 330 per year in 2040.
Montney BC North Gas Well Initial Productivity (IP)
In 2021, Montney BC North new well Initial Productivity (IP) was over 5.48 MMcf/d and spiked to 6.5 MMcf/d in 2023 due to drilling in new sweet spots. Despite the small downturn in 2024, IP does continue to grow to about 6.8 MMcf/d by 2040.
Montney BC North Gas Well Estimated Ultimate Recovery (EUR)
Well Estimated Ultimate Recovery (EUR) reached around 7.7 Bcf in 2022 and grew to 8.6 Bcf in 2023. EUR is expected to range at just over 7 Bcf through 2030.
Montney BC South Number of New Wells
| 2020-2024 | Average Lateral Length, ft | 10,500 |
| 2020-2024 | Average Total Depth, ft | 18,200 |
| Location: Northeastern British Columbia (around Fort St. John, Dawson Creek) Number of oil wells drilled since 2010: ~3,660 Average New Well Initial Productivity in 2023: ~9.1 MMcf/d Peak Production: 2023 — 3.9 Bcf/d |
The number of natural gas wells drilled in Montney BC South dropped from over 490 in 2010 to just over 180 in 2023. Incorrys is forecasting New wells to spike in 2025 and 2031 to satisfy demand for LNG Canada – as Phases 1 and 2 come onstream. Outside of the 2 LNG related peaks, the number of new wells drilled is expected to generally decline from over 400 currently to about 340 by 2040.
Montney BC South Gas Well Initial Productivity (IP)
In 2021, Montney BC South new well Initial Productivity (IP) was over 7.7 MMcf/d and increased to 9.1 MMcf/d in 2023. IP remains in the 8.5 MMcf/d range through 2034 and then declines to about 7.9 MMcf/d by 2040.
Montney BC South Well Estimated Ultimate Recovery (EUR)
Well Estimated Ultimate Recovery (EUR) reached around 9.9 Bcf in 2022 and grew to 11.5 Bcf in 2023. EUR is expected to fall slightly to 11 Bcf through 2030.
See Also:
Initial Productivity (IP) For Major Canadian Gas Plays
Estimated Ultimate Recovery (EUR) For Canadian Gas Plays
Well Depth of Major Canadian Gas Plays