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  4. Four companies explore shale gas development in B.C.

Four companies explore shale gas development in B.C.

 

Published by
 LNG Industry,

Japan Oil, Gas and Metals National Corp. (JOGMEC) and Inpex Corp. have commenced a joint study with Inpex Gas British Columbia Ltd (IGBC) and Nexen Energy ULC into technology relating to shale gas development in the Horn River, Liard and Cordova areas in British Columbia (B.C.), Canada.

In March 2015, the companies entered into a joint study agreement to evaluate geological characteristics of the areas. This involved analysing the properties of rock samples extracted from shale reservoirs marked for development.

The selection of rock samples to be analyzed in the joint study has already been completed, and the four companies started analysing the rock samples in July. The joint study is expected to continue for a period of approximately one year, during which time detailed analysis of the rock samples and evaluation of geological characteristics will be carried out.

Nexen and IGBC will meanwhile proceed with shale gas development and production operations in the areas. JOGMEC provides financial support to this project through IGBC.


Edited from press release by

 

Inpex awarded further exploration permits

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Inpex in talks to take stake in Canadian shale projects

Inpex Gas British Columbia Ltd. has agreed in principle to acquire a 40% participating interest in the shale gas projects in the Horn River, Cordova and Liard basins from Nexen Inc. This will be the first time that Inpex have invested in a shale gas development.