(Oil and Gas News) Will Quebec be a gas, gas, gas? – Globe and Mail
Will Quebec be a gas, gas, gas? The Quebec shale play, which involves drilling for gas by fracturing dense rock, focuses on an area south of the St. Forest Oil said its Quebec assets may hold as much as four trillion cubic feet of gas reserves, and that the Utica shale has similar rock properties to the Barnett shale in Texas – the largest U. Quebec has been known to have natural gas reserves, but advanced horizontal drilling techniques and higher gas prices are now only making the play potentially economically viable, observers say. Forest Oil, which has several junior partners in the region, will drill three horizontal wells in Quebec this summer. read more
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