Development Plans

Progress Energy has aggressive development plans to deliver 2.0 Bcf/d of natural gas to Pacific NorthWest LNG by end of 2018. The plan can be broken into two phases.

Appraisal Phase:

  • 2012-2015
  • Maximizing Reserve Growth
  • Operational Ramp up to ~25 Rigs
  • Step-out Drilling
  • Target: 15 Tcf Reserves by Q4 2014 FID

Development Phase:

  • 2015-2018
  • Maximizing Production Growth
  • Continue Adding Reserves
  • Pad Drilling
  • Target: 2 Bcf/d by Q4 2018 1st LNG Export