As the pace of drilling in Alberta’s Duvernay play picks up, water is emerging as a key issue that could slow development of the play over the long term, recent interviews suggest.
June 14, 2017, 9:45 AM MDT
“What a difference a year makes,” Scott MacFarlane, chief executive of Cathedral Energy Services Ltd., told the company’s annual meeting Wednesday, noting the toll the downturn has taken on service pricing, which fell 35 per cent for Cathedral last year.
June 9, 2017, 6 AM MDT
Most of the $1 billion that Shell Canada Limited will spend on Canadian shales this year will go to the Duvernay, a spokesperson said this morning.
June 7, 2017, 10:35 AM MDT
The current mood in the oilpatch is not conducive to raising capital, shareholders of Relentless Resources Ltd. heard this week.
June 7, 2017, 6 AM MDT
If Canada’s well count cracks 7,000 this year — only slightly above forecasts — it will take all of the industry’s idle pressure-pumping equipment off the fence and into the field, the head of Trican Well Service Ltd. said on Wednesday.
June 1, 2017, 10:30 AM MDT
While 2016 was a “rebuilding” year for Alberta’s oil and gas industry, it was also a time of change for Journey Energy Inc., the company’s chief executive told shareholders recently.
May 29, 2017, 10:32 AM MDT
The methane emissions framework Canada’s environment minister rolled out Thursday is a default regime that will bind Canada’s petroleum-producing provinces only if they fail to enact similar regimes or do so without meeting federal standards, feedback from industry executives suggest.
May 26, 2017, 11:10 AM MDT
The Canadian federal government has released proposed regulations to reduce the emissions of methane and volatile organic compounds (VOCs) in the oil and gas sector.
May 25, 2017, 10:59 AM MDT
A continuing shift to natural gas from coal in North American power plants is boosting the fortunes of gas-producers, including Canadian names like Pine Cliff Energy Ltd.
May 19, 2017, 10:26 AM MDT
With plans to add about 700 jobs this summer, the head of Precision Drilling Corporation said most positions will be filled by company employees who were laid off earlier this year.
May 18, 2017, 10:50 AM MDT
When it comes to leadership, Canada’s federal politicians should step up to the plate, the head of one of Canada’s top drilling contractors argued in Calgary this week.
May 18, 2017, 8:50 AM MDT
A junior that draws most of its production from a single zone wants to branch out, company shareholders heard this week.
May 17, 2017, 9:11 AM MDT
The low cost structure Yangarra Resources Ltd. has reported is no accident, chief executive Jim Evaskevich said in Calgary this week, noting that using tankers to move crude oil has helped.
May 16, 2017, 9:31 AM MDT
May 15, 2017, 9:08 AM MDT
A narrowing crude oil differential is helping Gear Energy Ltd., which built up an oil inventory in the first quarter, due to poor weather, surface access issues and pipeline constraints.
May 12, 2017, 9:32 AM MDT
Noting the last few years have been among the toughest for Western Canada’s oil and gas industry, the head of Calfrac Well Services Ltd. said this week the situation has begun to improve.
May 11, 2017, 9:56 AM MDT
As an industry recovery continues to take shape, Western Canada’s oilfield service firms will be challenged to bring back workers who left the sector during the downturn, the chief executive of Total Energy Services Inc. said this morning.
May 10, 2017, 11:02 AM MDT
Although a concern to Western Canada’s oil and gas producers, slipping crude oil prices are not the only issue, the chief operating officer of Ensign Energy Services Inc. said on Friday.
May 8, 2017, 11:29 AM MDT
After dropping for most of the past two years, oilfield service costs are starting to climb, the head of Bonavista Energy Corporation said following the company’s annual meeting yesterday.
May 5, 2017, 10:32 AM MDT
Management at Secure Energy Services Inc. is crediting stabilizing oil and gas prices and increased drilling for sharply-higher earnings and revenue in the first quarter.
May 4, 2017, 10:04 AM MDT
The federal and Alberta governments have mostly got it right on climate change policy, and Canada’s oil industry should get onboard, a former head of the Canadian Association of Petroleum Producers (CAPP) said on Tuesday.
May 3, 2017, 10:42 AM MDT
Management at Vermilion Energy Inc. believes the permitting delays the company has seen in the Netherlands are likely only temporary.
May 1, 2017, 9:57 AM MDT
Just days after losing out on a bid to acquire Savanna Energy Services Corp., management at Western Energy Services Corp. is not ruling out a return to the acquisition market.
April 27, 2017, 11:52 AM MDT
Canada is now paying the price for neglecting its relationships with indigenous peoples with its inability to attract a single liquefied natural gas (LNG) terminal despite world-class natural gas reserves, the former chair of the National Energy Board said this week.
April 21, 2017, 7:20 AM MDT
The reluctance of Western Canadian natural gas producers to sign long-term gas supply contracts is a major factor in the difficulty Canadian LNG projects are having gaining traction , says an executive behind an LNG terminal proposed for the East Coast.
April 19, 2017, 8:50 AM MDT
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