Western Canada’s natural gas production has concluded the most recent winter heating season on a strong note with March 2025 setting a new record for the month at 19.3 Bcf/d (rightmost column and dashed red rectangle in chart below) based on data from RBN’s Canadian NatGas Billboard. March was 0.8 Bcf/d higher than a year ago, 0.3 Bcf/d higher than February and just 0.1 Bcf/d short of the record for any month at 19.4 Bcf/d set in December 2024. The latest strength is a combination of continued production gains related to the producers involved, directly or indirectly, in the LNG Canada consortium, and typical seasonal strength as other producers wrap up winter drilling and well tie-in programs before access to winter-only regions is reduced or restricted. Year-to-date growth is a robust 0.8 Bcf/d.
Featured Articles
- Analyst Insight
Spring in its Step – Western Canada’s Natural Gas Sets a New Production Record for April
A new record was set for Western Canada's April gas production at 19.1 Bcf/d and the fourth highest monthly average. Production remains robust ahead of the start up of LNG Canada.
- Analyst Insight
Gas Production Records Aplenty in Western Canada
Western Canada punched out new gas production records for January 2025 and the calendar year 2024. Look for more records this year.
- Blog
Back on the Borderline - Canada's Natural Gas Market Remains Mired in Oversupply at Midwinter
The current winter heating season in Canada has seen extremes of warmth and cold, but much more of the former than the latter. Given that the Canadian natural gas market was already oversupplied and struggling with record-high gas storage levels as winter approached, even the most intense cold blast in mid-January wasn’t enough to return the supply/demand balance north of the 49th parallel to anything near normal. In today’s RBN blog, we discuss where the Canadian market stands as the calendar turns to February and what that might mean for end-of-winter gas balances.
