October 27, 2026

Alberta Montney gas full cycle costs from a low of USD $0.86/Mcf for wells with an Initial Productivity (IP) greater than 18 MMcf/d to a high of USD $9.45/Mcf for wells with an IP of under 3 MMcf/d, including liquids uplift. Average liquids uplift in Alberta Montney is USD $1.70/Mcf. Average Operating costs are USD $1.50/Mcf while royalties & taxes are USD $0.19/Mcf. F&D costs range from USD $0.42 to $5.23/Mcf and the 15% producer return ranges from USD $0.33 to $4.11/Mcf. A basis differential to Henry Hub is not included.

Incorrys analysis shows 73 Tcf of gas resource available below USD $3/Mcf and 78 Tcf available below USD $4/Mcf. Raw gas production in 2025 was 2.89 Bcf/d.