Lynda Harrison

  • Technology Holds Potential To Reduce Cost Of Carbon Capture

    Industry, government and academia are investigating a new technology that holds promise for reducing the high cost of carbon capture thereby reducing greenhouse gas emissions, while producing electricity.

    April 27, 2015, 8:22 AM MDT

  • Economists Predict Volatile Oil Price

    Oil prices are not going to bounce back any time soon because of a continuing glut, and, like geopolitics, will be volatile for the next few years, a conference heard this week.

    April 24, 2015, 10:09 AM MDT

  • Value Creation Applies To Increase Production At Tristar

    Value Creation Inc. has amended its application to the Alberta Energy Regulator to increase production at its Tristar Pilot, also named Demonstration of Excellence, to 6,000 bbls per day from the approved 1,000 bbls per day.  

    April 17, 2015, 10:44 AM MDT

  • Devon Scales Back Plans For Pike

    Devon Canada Corporation has applied to the Alberta Energy Regulator to cut back its proposed Pike 1 steam assisted gravity drainage project to 75,860 bbls per day from the approved 109,000 bbls per day, delaying startup and lowering the project’s steam-oil ratio (SOR).

    April 16, 2015, 9:07 AM MDT

  • New Tool Finds World’s Oils Produce Spectrum Of Emissions

    Analysis of 30 crude oils from around the world using a new tool reveals that emission differences between oils are far greater than currently acknowledged, says a report by the University of Calgary and Stanford University.

    April 16, 2015, 11:44 AM MDT

  • ConocoPhillips To Spend $1.3 Billion In Canada, Explore Offshore, Slow Surmont

    ConocoPhillips will spend about $1.3 billion in Canada on oilsands and unconventional resources, and kick off a significant exploration program offshore Nova Scotia this year, the company announced yesterday during its investor day.

    April 9, 2015, 12:01 PM MDT

  • Court Rejects Connacher’s Recapitalization

    Connacher Oil and Gas Limited says it is now looking at other options, including the sale of the company, after Alberta Court of Queen’s Bench dismissed its application for a final order to implement a proposed recapitalization.

    April 6, 2015, 9:45 AM MDT

  • Connacher Shareholders Approve Recapitalization

    Connacher Oil and Gas Limited will be a much healthier company now that it will be rid of $1 billion worth of debt, says its chairman.

    March 30, 2015, 10:38 AM MDT

  • Canadian Energy Boosts Revenues, Lowers Prices

    Although operating days in Canadian Energy Services & Technology Corp.’s (CES) fourth quarter of 2014 were up only one per cent over fourth-quarter 2013, the company benefited from the trend in Canada to drill longer horizontals and the revenue from an acquisition. 

    March 17, 2015, 9:24 AM MDT

  • Suncor Okay With New Tailings Pond Rules

    Suncor Energy Inc. is content with new rules for shrinking the company’s tailings ponds, particularly because they are site specific, and the regulator is suspending the current directive while it takes a close look at them.

    March 16, 2015, 11:59 AM MDT

  • New Rules Aim To Reduce Tailings Ponds, Regulate Use Of Athabasca River

    New steps designed to remediate tailings ponds faster, slow their growth and restrict the use of water from the Athabasca River were announced today by Alberta’s Ministry of Environment and Sustainable Resource Development.

    March 13, 2015, 12 PM MDT

  • Athabasca Production Declines, Net Loss Deepens

    Athabasca Oil Corporation’s volumes decreased four per cent to 6,120 boe per day (51 per cent liquids) in 2014 from 6,397 boe per day in 2013, primarily due to natural well declines from the company’s Montney and Duvernay wells (see tables).

    March 12, 2015, 11:50 AM MDT

  • Stranded Arctic Resources Wait For Collaboration, Conference Hears

    With conventional discovered marketable reserves of nearly two billion bbls of oil and 32 tcf of gas, as well as tremendous unconventional potential, Arctic Canada is blessed with an abundance of resources but they will remain stranded until major impediments to development are identified and solved, an industry conference heard.

    March 11, 2015, 11:11 AM MDT

  • Total Withdraws Joslyn North Mine Applications

    Total E&P Canada Ltd. has withdrawn its regulatory applications to amend the approvals it was granted in 2011 for the Joslyn North Mine, citing “significant changes to global energy market conditions,” but says it is open to restarting the oilsands project when its economics improve.

    March 10, 2015, 7:07 AM MDT

  • Service Companies Grapple With Downturn

    Service companies are now faced with not only less work and customers asking them to reduce their prices, but the challenge of retaining the skilled labour they have paid premiums to hire and keep, a recent conference heard.

    March 5, 2015, 8:54 AM MST

  • Baytex Reports Net Loss But Strong Operating Results In Canada And Eagle Ford

    Baytex Energy Corp. says drilling results in its Eagle Ford acquisition have exceeded expectations, outperforming type curves by about 22 per cent and driven by the drilling of longer laterals, tighter spacing of fracs and increased proppant per stage.

    March 5, 2015, 12:03 PM MST

  • Oilsands Leases To Become Available

    A total of 64 oilsands leases comprising 85,277 hectares are eligible for expiry this year and several companies holding those leases say they will let them lapse.

    February 19, 2015, 11:49 AM MST

  • Imperial Relocates Research Centre

    Imperial Oil Limited is building a new research facility in southeast Calgary, moving from leased space at the University of Calgary, to continue its development of oilsands recovery technologies, with full occupancy planned for 2017.

    February 19, 2015, 10:45 AM MST

  • Economics Improving At Devon’s Pike, Oil Production Hits New High

    Devon Energy Corporation saysit is seeing costs come down at its proposed Pike in situ oilsands project, which the company is examining closely this year as it gets closer to making a final go-ahead decision.

    February 18, 2015, 11:58 AM MST

  • Cenovus Reduces Workforce By 15 Per Cent After Mixed Fourth Quarter

    Cenovus Energy Inc. is preparing for a rough year ahead by cutting its workforce by 15 per cent, or about 800 positions—mostly contractors—after a fourth quarter that saw higher production but a deeper net loss in earnings.

    February 12, 2015, 11:58 AM MST

  • First Nations Oil Pipeline Gathers Support

    Organizers expect to firm up a route within two months for the Eagle Spirit Energy Oil Pipeline project through northern British Columbia and to have it in operation in 2019 or 2020, a news conference heard Wednesday.

    February 12, 2015, 9:40 AM MST

  • Royalties Won’t Rise Despite Revenue Shortfall, Says Alberta Energy Minister

    The Alberta government will not raise royalties despite facing a severe shortfall in revenues because of low oil prices that it predicts will persist for more than 18 months, the minister of energy told an industry crowd yesterday.

    February 11, 2015, 9:45 AM MST

  • Less Competition Helps Fort Hills’ Costs Decline

    Suncor Energy Inc. says construction costs are falling at Fort Hills, its $15-billion oilsands mine, as a result of the recent downturn in project spending across the industry.

    February 6, 2015, 10:20 AM MST

  • Suncor Q4 Earnings Plunge But Says Prepared To Manage Through Downturn

    Pummeled by low prices, Suncor Energy Inc.’s net earnings fell to $84 million (six cents per common share) in the fourth quarter of 2014, from $443 million (30 cents per common share) in the same quarter a year ago, but the company says it is financially prepared for a lower crude price environment.

    February 5, 2015, 11:38 AM MST

  • Existing Oilsands Projects Expected To Plow Through Low Price Environment

    Although many oilsands developers are cutting their capital budgets, projects well underway will not only survive current and expected low oil prices but will see their costs fall while smaller, nascent projects are delayed and deferred, say industry analysts.

    February 4, 2015, 11:22 AM MST

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