Similar to the Cardium, the Devonian Duvernay formation is part of the Western Canadian Sedimentary Basin group. Duvernay is characterized by an average porosity of 6.5%, an average permeability of 394 nD, and an average of 4.5% TOC.
The Duvernay Shales have been credited as the source rock for many of the large Devonian oil and gas pools in Alberta. The most famous is The Leduc Field discovered in 1947.
The Duvernay compares favorably to other North American Shale plays because of its good porosity, overall thickness, organic content and, because it is overpressured - all of which are key to a successful play.
An estimated 7,500 square miles is thought to be in the liquids-rich gas window where reported liquid recoveries range from 75 to 150 bbl/MMcf.
Targeted for its shale gas condensate, the Duvernay is a popular target amongst Canadian exploration and production companies.
Duvernay/ Muskwa Play Fairway
Duvernay Shale News
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Murphy Oil Third Quarter 2022 Results
November 03,2022 -
Capex Plans Jump After 2Q: Nearly 30 E&P Companies Raise 2022 Budgets
September 06,2022 -
InPlay Oil Corp. Second Quarter 2022 Results
August 11,2022 -
Murphy Oil Second Quarter 2022 Results
August 09,2022 -
Crescent Point Energy Second Quarter 2022 Results
July 27,2022 -
Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal
June 29,2022 | Crescent Point Energy Corp. -
2022 Guidance Growth: Several Operators Bolster Capex, Production Outlook
June 01,2022 -
Frac Sand Providers Rush to Add Capacity as Demand Jumps
May 11,2022 -
Murphy Oil Corp. First Quarter 2022 Results
May 06,2022