- #2 - in the amount of natural gas produced among Canadian provinces
- $1 billion - in payments industry made for the use of British Columbia's resources in 2015/16
- $5 billion - in industry spending on exploration and development in 2015
- 4.3 billion - cubic feet per day of natural gas produced in 2015
- 20,900 - barrels per day of crude oil produced in 2015
British Columbia's resources
The history of B.C.'s natural gas and crude oil sector can be traced back more than 100 years. In the first half of the 20th century, several wells were drilled in the province with varying degrees of success. Natural gas was first produced commercially in B.C. in 1948 in Pouce Coupe to provide natural gas service to nearby Dawson Creek. Oil was discovered near Fort St. John in 1951, which marked a new stage in the industry's growth in the area.
British Columbia is home to the Horn River and Montney natural gas basins. The basins are estimated to contain up to 349 trillion cubic feet of ultimate marketable natural gas resources, enough to last 300-plus years at current demand levels.
- Find out more at Canada's Natural Gas
Oil reserves in British Colombia are located in the northeast area of the province. British Columbia production averages about 21,000 barrels/day, or about one per cent of Canada's production.