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AN ASSESSMENT OF THE ECONOMIC AND COMPETITIVE ATTRIBUTES OF OIL AND NATURAL GAS DEVELOPMENTS IN QUEBEC

An Assessment of the Economic and Competitive Attributes of Oil and Natural Gas Developments in Quebec

Study Released December 16, 2015

Study No. 154

With the development of its hydro resources beginning in the middle of the last century, the Province of Québec became a Canadian energy powerhouse. Its strength is primarily in electricity production. This report focusses on an almost untapped, energy resource in Québec: oil and gas. Specifically, shale oil and shale gas from the Macasty and Utica basins. Until recently, shale resources were considered economically infeasible to develop, but advances in technology have made a number of oil and gas producers consider seriously Québec’s hydrocarbon potential.

Full Report - English Executive Summary - English Full Report - French