About

TAQA’s North American oil and gas business is headquartered in Calgary, Canada and focuses on conventional oil and gas exploration and production.

Exploration and production rights

TAQA has extensive land holdings in North America with exploration and production rights.

million net acres of producing land
1.30 million net acres of non-producing land

TAQA’s strategy in North America is to realize the full potential of this land base through exploration and development drilling programs. As part of that strategy, TAQA will continue to consider acquisitions of land holdings that complement its core operating areas, while disposing of land that is not core to its operations.

Oil and gas activities

TAQA’s North American oil and gas activities are divided into four main regions: Central West, Central East, North and South. Total average daily production in 2018 was 78 thousand barrels of oil equivalent a day.

North Area

The North area encompasses all assets from the Alberta-Saskatchewan border west through Alberta and into Northeast British Columbia. Activity within the area is focused on appraisal and development of the Montney oil and wet gas reserves and resources located in the Pouce Coupe are of northwest Alberta, as well as the further appraisal and development of the multi-zone oil potential in the greater Grande Prairie region.  In total, the Group’s assets in this area span over 1.97 million acres. The company’s oil and natural gas production facilities in the North consist mainly of well site separation and dehydration, low pressure gas gathering systems, oil batteries and compressor stations. The company also owns and operates gas plants in Sousa, Chinchaga, Valhalla and Whitecourt. The North averaged 13,200 boepd in 2018.

Central East Area

The Central East area falls within central Alberta and focuses on development in the Caroline and Wilson Creek areas. The assets in this area cover approximately 580,000 acres. The Group’s crude oil and natural gas production facilities in the Central East area consist of well site separation and dehydration, extensive gas-gathering systems, and field and booster compressor stations. The Group operates the Bearberry and Sundre gas plants in this area, and has a working interest in several non- operated gas plants. The Central East area production averaged 12,200 boepd in 2018.

Central West Area

The Central West area falls within Central Alberta largely situated around the south and west of Edmonton, Alberta, which contains the Sunchild Upper Mannville West Gas Development. In total, the Group’s properties span approximately 743,000 acres. The Group’s oil and natural gas production facilities in the area consist of well site separation and dehydration, extensive gas-gathering systems, and field and booster compressor stations. It also operates several central multi-well oil batteries including water disposal facilities. The Group operates several gas plants in the area and has a working interest in several non-operated gas plants. Production in the area averaged 36,300 boepd in 2018.

South Area

The South area stretches across Southern Alberta and South West Saskatchewan and into the states of Montana, North Dakota and Wyoming in the United States. In total, the company’s properties in this area span approximately 1.2 million acres, of which slightly more than 0.4 million net acres are nonproducing. The company’s natural gas production facilities in the South area consist of the East Crossfield gas plant which it operates. The South area production averaged 16,100 boepd in 2018.

TAQA’s low pressure gas gathering systems and field compression stations are connected to processing infrastructure operated by both itself and other operators. There are central, multi-well oil batteries at Brant Farrow, Grand Forks, Viking Kinsella, Mikwan and Flat Lake.

Power generation

Red Oak power plant

The Red Oak power generation facility is in Sayerville, New Jersey. TAQA owns 85% of the tolling agreement for the facility through its subsidiary TAQA Gen-X with partner Morgan Stanley owning the remaining 15%.

The Red Oak facility is a combined-cycle power generation facility of approximately 832 MW owned and operated by AES Red Oak LLC. The tolling agreement gives TAQA Gen-X the economic rights over the facility, including revenue from the sale of electricity, capacity payments and any other ancillary services. In return, TAQA Gen-X is required to supply the fuel and make certain fixed and variable payments to the operator of the Red Oak facility. Gas is currently procured through gas supply and transport agreements with Public Service Enterprise Group Incorporated (PSEG). The Red Oak Tolling Agreement expires in 2022.

Lakefield wind project

The Lakefield wind project, located in Jackson County, Minnesota, consists of 137 General Electric 1.5 MW wind turbines with the capacity to generate 205.5 MW of emissions-free electricity for more than 68,000 homes.

The Lakefield wind project, located in Jackson County, Minnesota, consists of 137 General Electric 1.5 MW wind turbines with the capacity to generate 205.5 MW of emissions-free electricity for more than 68,000 homes.

Alberta and BC Emergency Response Plan

The Emergency Response Plan is a guide for TAQA’s executive, management, field and contract personnel to effectively manage any emergency involving TAQA or its affiliated companies.

Emergency Response Plans

Canada Extractive Sector Transparency Measurement Act

The  Extractive Sector Transparency Measures Act (ESTMA) was enacted on December 16, 2014, and brought into force on June 1, 2015. The Act delivers on Canada’s international commitments to contribute to global efforts to increase transparency and deter corruption in the extractive sector by requiring extractive entities active in Canada to publicly disclose, on an annual basis, specific payments made to all governments in Canada and abroad.

Please see TAQA North’s annual ESTMA filings below: