The Region of Newell has one of Alberta’s most active natural
gas fields. There are roughly 30,000 wells in the Region, which accounts for
half of all wells in Alberta, and 37% of all wells in Canada.
Approximately 170 production and service companies employ 1,325 people in the
energy sector in the region.
All the major players in the oil and gas sector have operations in the County
of Newell.Cenovus Energy is the largest single employer in the energy sector in the
sector continues to grow in the region, generating associated service and
secondary energy industrial (including alternative energy) opportunities that
tap local labour force skill sets. It's common, for example, for a farm
operation to also have an oilfield service business.
There is also potential to tap oilfield
services skill sets in niche areas including but not limited to
fabrication. The Southeast Alberta
Metal group is a group of local companies partnered to
develop the local industry through a business driven collaborative
process. Exploring new and innovative ways of improving
productivity, the group is taking steps to meet the challenges of the rapidly
changing industry. By collaborating with other members as well as
with regional, provincial and federal stakeholders the group aims
to improve competitiveness, capacity and knowledge sharing.
Other interesting things about the Oil and Gas industry in
Newell operates in PSAC Zone 3, and has reserves of 39 million cubic
meters (39 106 m3) of oil [ERCB Report ST98-2011]
Newell operates in PSAC Zone 3, and has reserves of 296 billion cubic
meters (296 109 m3) of Natural Gas [ERCB Report
The Region of Newell is home to approximately 20,000 Active Natural Gas
Wells and approximately 1,500 Active Oil Wells
Newell is home to, or shares 23 strike zones of Oil and Natural Gas
For more information on Gas and Oil Well locations, please see our Oil and Gas Map
Specialized, innovative Oil and Gas technologies and Industry clusters