August 3, 2021

Montney BC S full-cycle costs at Henry Hub range from a low of 2.37 USD/Mcf for wells with an Initial Productivity (IP) greater than 9 MMcf/d to a high of 10.04 USD/Mcf for wells with an IP of under 2 MMcf/d. To help offset some of the full-cycle costs, there is liquids uplift providing 1.36-1.14 USD/Mcf in revenue at IP’s greater than 9 to under 2 MMcf/d.

Operating costs range from 0.68-0.81 USD/Mcf  while royalties & taxes and overhead represent about 0.31 USD/Mcf. F&D costs range from 0.39-5.05 USD/MMcf and the 15% producer return ranges from 0.24-3.08 USD/MMcf. The Henry Hub differential is 0.770Mcf/d.