CNRL Adds Montney Acreage as Oil, Gas, NGL Output Set to Grow

August 12, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Canadian Natural Resources Limited (CNRL) (Calgary, Alberta) benefited from stronger output at its existing assets and a series of acquisitions across the Montney Shale so far this year, with a series of oil and gas exploration projects set to continue the trend in 2026. Industrial Info is tracking more than US$29 billion worth of active and proposed projects from CNRL, about US$18.3 billion of which is attributed to expansions or additions to existing facilities. CNRL's production averaged 1.42 million barrels of oil equivalent per day (BOE/d) in second-quarter 2025, which was about 10% higher than second-quarter 2024 levels.