Canada | Alaska | Operations Map
BG Group’s Canadian exploration activities are focused in Alberta, British Columbia and the Northwest Territories. The Group’s Alaskan activities are focused in the eastern North Slope and the foothills of the North Slope.
Key dates
2005
Awarded acreage in the Northwest Territories
2006
Entry into Alaska via acreage in eastern North Slope and foothills of North Slope
2007
Sold Bubbles, Ojay and Copton/Lynx assets
Acquired further acreage in the Northwest Territories
In Canada, BG Group has interests in over 250 000 gross hectares. Exploration activities are focused in the Northern and Central foothills and the Wild River Basin. BG Group also holds interests in the Northwest Territories.
BG Group operates two licences (EL 444 and EL 445) in the Colville Lake area of the Mackenzie Valley, Northwest Territories, about 700 miles north-west of Yellowknife. BG Group has an average working interest of 87%.
In 2007, BG Group sold its production assets in the Bubbles, Ojay and Copton/Lynx areas of the Western Canadian Sedimentary Basin.
During 2008-2009, BG Group has focused drilling in the foothills areas of central British Columbia and Alberta. Five wells have been brought onstream.
In Alaska, BG Group has interests in over 2.7 million gross acres in the eastern North Slope (ENS) and the foothills of the North Slope areas.
In 2006, BG Group signed a Participation Agreement for a 33.33% interest in 2.1 million acres in the foothills area of the Alaskan North Slope. Equal partners are Anardarko (operator) and Petro-Canada.
Alaska’s North Slope has estimated discovered reserves in excess of 17 billion bbls of oil and 35 tcf of gas. In 2006, BG Group signed a further Exploration Agreement to acquire a 40% interest in 208 000 acres of land along Alaska’s ENS. Partners are Anardarko with 50% (operator) and Arctic Slope Regional Corporation with 10%.
Drilling and seismic activities were carried out in both of these areas during 2007-2009. BG Group is now evaluating the results of four wells.