For FY 2026, CNRL plans an operating capital budget of approximately C$6.3 billion, targeting average production of 1.59–1.65 MMboe/d. At the midpoint, this represents roughly 3% year-over-year growth, or about 50,000 boe/d, building on strong momentum from 2024 and 2025.
For FY 2026, CNRL plans an operating capital budget of approximately C$6.3 billion, targeting average production of 1.59–1.65 MMboe/d. At the midpoint, this represents roughly 3% year-over-year growth, or about 50,000 boe/d, building on strong momentum from 2024 and 2025.
Canadian Natural Resources Ltd. (CNRL) doesn’t make flashy headlines when it comes to Montney development — but that’s exactly why its strategy is powerful. The company is quietly building one of the most efficient, liquids-rich natural gas portfolios in Canada. With LNG export capacity increasing over the next decade, CNRL is positioning itself to win the long game.
CNRL’s “drill-to-fill” strategy refers to its approach of drilling new wells primarily to maintain or maximize facility and infrastructure utilization, rather than for aggressive production growth. This strategy is designed to optimize existing assets such as pipelines, processing plants, and upgrader capacity.
Canadian Natural Resources Limited (CNRL) posted strong drilling activity in Q1 2025, continuing a positive trajectory from the prior year. A review of operational data reveals several notable trends across rig deployment, field concentration, and drilling methodologies—showing both consistency and strategic shifts in resource development.
Canadian Natural Resources Limited (CNRL) holds a significant portfolio of thermal in situ oil sands assets in Canada, strategically located in the Athabasca and Cold Lake deposits.
As part of its second-quarter earnings report last week, Canadian Natural Resources (CNRL) updated investors on its plans for organic production growth out of its oil sands assets.
Canadian Natural Resources Ltd. says it expects to spend $5.2 billion on its capital budget next year as it looks to grow production in 2023
Canadian Natural Resources Limited presented a donation to Bert Ambrose Elementary on Monday for their meal program.
The Company drilled a total of 295 net crude oil and natural gas wells in the nine months ended September 30, 2022 compared to 168 in the comparable period in 2021, an increase of 127 net wells over this time period.
