W. Canada's Devonian resource significant even at low gas prices

This article summarizes Part 2 of Geological Survey of Canada Bulletin 452, entitled Devonian Gas Resources of the Western Canada sedimentary basin (WCSB). It provides supply curves and summary estimates of economic potential of the undiscovered natural gas resources estimated to exist in the Devonian system of the WCSB. The methodology constructed to estimate the economic potential is also described, along with major assumptions with regard to engineering inputs and economic parameters. The report concludes that, in the long-term, significant economically recoverable resources remain to be discovered in the Devonian system