The Liard Basin: Canada's Haynesville?

The buzz surrounding the massive Liard Basin, located in a remote stretch of Northwestern British Columbia, has been promising. The formation, with an estimated 50 trillion cubic feet of gas recoverable, is roughly the size of the Haynesville shale, and the first well produced 4.6 million cubic feet of gas after a single fracture stimulation. The formation is deep, at around 11 to 14,000 feet, and is highly pressurized and brittle, making it ideal for fracturing.

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