kaybob duvernay program overview

inside the duvernay: program overview

inside the duvernay: program overview

Find out how Chevron Canada is developing its industry-leading position in the emerging Duvernay resource play.

Chevron Canada has an industry-leading position in the emerging Duvernay resource play near Fox Creek, Alberta, approximately 260 km northwest of Edmonton. Chevron Canada has a 70 percent owned and operated interest in approximately 330,000 acres (196,000 net)  in the liquids-rich Duvernay formation. KUFPEC Canada Inc., a wholly owned subsidiary of the Kuwait Foreign Petroleum Exploration Company, holds a 30 percent nonoperated interest in Chevron Canada’s Duvernay leaseholdings.

330,000

Acres in the emerging Duvernay resource play

70%

Operated interest held by Chevron Canada

55,000

Acres selected for initial development in the East Kaybob area

Chevron Canada began an exploration program in the Duvernay in 2011. This was followed by a pad drilling program that commenced in 2014 to evaluate well production rates and reservoir performance.

developing our asset

In November 2017, Chevron Canada announced it was moving into development on approximately 55,000 net acres of its operated position in the Duvernay play. It is anticipated approximately 250 wells will be drilled and completed in the initial development area known as East Kaybob. The program will utilize long-term infrastructure development and service agreements with Pembina Pipeline Corporation and Keyera Corporation.  

"We are taking a staged, scalable approach to developing our Duvernay resource position. This disciplined approach will allow us to continue to grow our production while generating significant positive cashflow and earnings for the corporation."

Alan Dunlop

Vice President, Asset Development, Chevron Canada

The Duvernay is poised for growth with access to premium Canadian condensate markets, and a factory model development pace will be driven by well and execution performance. A total of 163 wells had been tied into production facilities by early 2020. In 2019, net daily production averaged 14,000 barrels of condensate and natural gas liquids and 79 million cubic feet of natural gas.

Chevron Canada’s operations in the Fox Creek area include ongoing community consultations, engagement with First Nations and participation in the Fox Creek Operators Group.

inside the duvernay: responsible operations

inside the duvernay: responsible operations

From developing training to partnering with personnel, from well control to managing water, it all starts with a personal commitment to operational excellence.

For the latest figures, view the 2019 Supplement to the Annual Report.