Compounding Long-term Dividends at 5-7% CAGR
1
2018
2019
B.C. Well Permits
2
B.C. well permits up >300% Y/Y in 2023,
driven by progressing resource stewardship
efforts supporting longer-term development.
BC: Progressing Resource Stewardship Efforts Supports Development
B.C. Well Permits (2018-2023 YTD)
B.C. Montney NGL Supply, by Area (2020-2030)
B.C. Montney NGL Supply, by Product (2020-2030)
500
1,000
900
800
500
Blueberry/Northern BC
Ethane
450
■Propane
450
A
■Dawson Creek
Butane
Natural Gasoline
400
400
Heritage Liquids
Field Condensate
700
350
350
Other
600
300
300
>3x
500
MBbl/d
250
MBbl/d
250
LPGS
400
200
200
300
200
100
150
150
Townsend Growth Area
100
100
NGLS
50
50
0
0
2020
2021-
2022-
2023-
2024-
B.C. activity levels expected
to rise accordingly.
Source: Wood Mackenzie. Notes:*See "Forward-looking Information"
AltaGas
B.C. Development Activity to Accelerate; Existing Infrastructure Key for Stewardship Commitments
3
2020
2021
2022
2023
2024
2025
2026
2027
2028
Additional frac and liquids handling
capacity required.
Leveraging existing infrastructure key for
limiting ground disruption commitments.
29
2029
2030View entire presentation