Grand design : British Columbia sets out to become an energy powerhouse

British Columbia is eager for petroleum companies to build on the conventional drilling successes that took place in the northeastern section of the province to explore unconventional natural gas reserves, such as coalbed methane, shale, and tight rock formations elsewhere in the province. The province hopes to attract 24 billion dollars in investment along with 8,000 new jobs in energy and mining sectors. During the first year of this century, 850 wells were drilled, with production reaching one trillion cubic feet of natural gas and 17 million barrels of oil. It has been acknowledged that the transportation infrastructure needs work to improve access to the northeastern region, as well as other regions of the province hoping to increase resource development. The British Columbia (BC) government is planning more involvement in land use planning and better access to information on oil and gas potential. Road building partnerships are being developed, and an expansion phase is beginning for the gas pipeline and processing network. Offshore resources show promise, with an estimated 9.8 billion barrels of oil and 43.4 trillion cubic feet of gas in four basins, according to the Geological Survey of Canada. Work on coalbed methane is beginning in the province, after a favorable royalty regime was implemented, with nine experimental projects under way. The government will consider reduced royalties for other unconventional resources like shale and tight gas