Not all of the Montney is created equal.
Our Montney Asset
Pacific Canbriam Energy’s position in the Montney encompasses a large resource base, which can be accessed using a small surface footprint. The Montney is over 1,100 feet thick in the Altares and Kobes regions, which allows Pacific Canbriam to efficiently extract liquids-rich natural gas from multiple horizons using horizontal wells that reach up to three kilometers in length. Our current development focuses on four stratigraphic Montney intervals which we believe are the most commercial (two Upper Montney and two Lower Montney intervals).
Our Subsurface Approach
At Pacific Canbriam, our technical approach to reservoir characterization is a sustainable advantage. Our experienced team of geologists, geophysicists and engineers work together in an integrated manner to fully understand all aspects of our resource base. These disciplines work in real time with our operations teams to optimize drilling and completions work, which has translated into consistently strong well performance.
Our approach to subsurface reservoir characterization was the key reason Pacific Canbriam chose the Altares and Kobes regions of the Montney fairway. Both Altares and Kobes possess a combination of geological attributes, such as thickness, over-pressure, and liquids content that make them prolific areas for natural gas development.
Pacific Canbriam’s operational strategy is characterized by our ownership and control of all field infrastructure: processing facilities, midstream gathering assets, water handling assets, and camps. We also control the roads within our main development area. This approach is a major commitment to enhance operational safety and sustainability.
Altares Processing Facility
Our current total processing capacity is 210 million cubic feet per day, which represents approximately 40,000 barrels of oil equivalent when factoring in the liquids component of our production stream.
In 2012, Pacific Canbriam commissioned its first natural gas processing plant at b-24-H, which handles 50 million cubic feet per day of natural gas and associated liquids.
In 2015, the company added the first two phases of the Altares Processing Facility, located at b-72-A, adding an additional 160 million cubic feet per day of processing capacity. The design of this facility allows for two more phases of expansion, allowing for an additional 240 million cubic feet per day of processing capacity when fully built out. The ultimate designed capacity of the facility is 400 million cubic feet per day.
Plans are in place and long lead-time equipment has been ordered for the third phase of the Altares Processing Facility which will add an additional 120 million cubic feet per day.