Tobinsnet Oil & Gas Ltd focuses predominately on conventional light crude oil, natural gas, natural gas liquids and petrochemical products opportunities in Alberta, Newcastle and Austin. The company is dedicated to addressing the emerging human, technological and environmental challenges involved in maintaining, acquiring a blend of low risk producing oil and gas properties or distressed with proven reserves and operating new oil and gas fields reverses in Canada and United States of America.
Our extensive field experience, combined with the broad competencies of our specialists has allowed Tobinsnet Oil & Gas have a balanced mix of crude oil, liquids-rich natural gas and resource play natural gas. We are considered by many of our customers to be “Expert Hands”, which reflects the technical knowledge and involvement of our teams across all phases of our customer’s assets lifecycle. The Company has a balanced mix of crude oil, liquids-rich natural gas and resource play natural gas.
The company is focused primarily on development and delineation of its world class Montney and Duvernay formations natural gas, liquids gas and light oil resource at the Minnelusa Sandstone formation and the Glacier in Alberta which is home to the third largest crude oil resource in the world, produces 2.5 million barrels per day (bpd) of crude oil of which about 78% is raw bitumen from oil sands.
A large portion of the bitumen produced is upgraded to a lighter, more valuable synthetic crude oil (sco) that is provided to domestic and international refineries for further processing. Current production of natural gas in Alberta is approximately 4 tcf that is transported to both Canadian and US markets.