Ultimate potential for unconventional natural gas in Northeastern British Columbia's Horn River Basin : Energy market assessment

The BC MEM and the NEB estimate supply and demand on a provincial and national scale, respectively. The ultimate potential for natural gas out of an area or sedimentary basin (how much gas is available to be produced) is recognized as a key component required to project future supply. The BC MEM's and the NEB's last complete study of B.C. was of the conventional resource potential and was completed in 2006, based on year-end 2003 data. The 2006 report indicated there was additional potential for natural gas in B.C. in unconventional reservoirs, but that there was not enough data to confidently estimate gas resources. That data is now starting to become available and, in 2010, the BC MEM and the NEB determined that there was sufficient data to estimate the potential of the Horn River Basin shale gas play.