The oil shale beds are the source rocks for the petroleum and natural gas that has been produced from Albert Formation reservoirs at the Stoney Creek and McCully fields.

[1] The coarser-grained lithologies are nearshore deposits, while the finer-grained rocks, including the oil shale beds, are an offshore, deeper-water assemblage.

[4] The Albert Formation is known for its complete, articulated specimens of lower actinopterygian (palaeoniscoid) fishes, including the genera Rhadinichthys, Elonichthys, and Canobius.

The Stoney Creek field produced from sandstone reservoirs in the Albert Formation between 1909 and 1991, and estimates suggest that significant oil remains in place there.

The McCully field, which was discovered in 2000, produces from tight gas sandstones in the upper part of the Albert Formation, above the main organic mudstone (oil shale) source rocks.