STEP Energy Services Ltd. appointed Rachel Moore as an independent director, effective Oct. 1, 2023.
September 6, 2023, 12 AM MDT
Tellurian Inc. and Baker Hughes announced Wednesday an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.
September 6, 2023, 12 AM MDT
Venture Global LNG announced its long-term expansion plan to increase production from 70 million tonnes per annum (mtpa) to more than 100 mtpa of nameplate LNG export capacity.
September 5, 2023, 12 AM MDT
There’s been a significant lift in drilling activity in British Columbia over the first seven months of 2023, but the year-over-year rig release counts in Alberta are flat.
August 28, 2023, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 25, 2023 as reported this morning by Rig Locator.
August 25, 2023, 11:45 AM MDT
The U.S. rig count is down 10 from last week to 632 with oil rigs down eight to 512, gas rigs down two to 115 and miscellaneous rigs unchanged at five.
August 25, 2023, 11:07 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 18, 2023 as reported this morning by Rig Locator.
August 18, 2023, 11:36 AM MDT
The U.S. rig count is down 12 from last week to 642 with oil rigs down five to 520, gas rigs down six to 117 and miscellaneous rigs down one to five.
August 18, 2023, 11:03 AM MDT
After 18 months of rapid oilfield service cost inflation, costs have begun retreating in unconventional basins across the U.S., operators reported in the second quarter 2023 conference calls.
August 17, 2023, 5:09 AM MDT
For the second month in a row, the total licence count across Canada declined compared to the year-prior period.
August 16, 2023, 12 AM MDT
Tenaris S.A. has entered into a definitive agreement to acquire from Mattr 100 per cent of the shares of its subsidiary Bredero Shaw International BV, which holds Mattr’s pipe coating business, for US$166 million (including working capital), on a cash-free, debt-free basis, subject to customary price adjustments.
August 15, 2023, 12 AM MDT
CES Energy Solutions Corp. achieved second quarter record-breaking revenue of $515.8 million versus its prior record level set in Q2 last year of $433.7 million, an improvement of 19 per cent.
August 14, 2023, 12 AM MDT
Pason Systems Inc. saw revenue from its work in North America increase.
August 14, 2023, 12 AM MDT
North American drilling contractor day rates have stabilized, with contractors able to capture any cost inflation in their pricing and maintain operating margins, Total Energy Services Inc. president and chief executive officer Daniel Halyk told analysts during the company’s second quarter 2023 conference call.
August 14, 2023, 8:53 AM MDT
Cathedral Energy Services Ltd. reported revenue of $115.06 million in 2023 Q2, the highest for any second quarter in the company's history and represents an increase of 316 per cent from the same period of 2022.
August 14, 2023, 12 AM MDT
Calfrac Well Services Ltd. delivered its best ever second-quarter adjusted EBITDA, with the company’s operating teams in North America and Argentina cited for driving its success despite the challenging Canadian wildfire season, customer delays, and seasonal breakup in Western Canada and North Dakota.
August 11, 2023, 12 AM MDT
Enerflex Ltd. says it has captured about US$50 million of annual run-rate synergies since its integration of Exterran Corporation and expects to realize the total US$60 million of anticipated synergies within 12 to 18 months of the transaction’s close last October.
August 11, 2023, 12 AM MDT
Higher service prices across all divisions resulted in record second quarter results for Total Energy Services Inc., the company reported on Thursday.
August 11, 2023, 6:59 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 11, 2023 as reported this morning by Rig Locator.
August 11, 2023, 11:20 AM MDT
The U.S. rig count is down five from last week to 654 with oil rigs unchanged at 525, gas rigs down five to 123 and miscellaneous rigs unchanged at six.
August 11, 2023, 11:09 AM MDT
Essential Energy Services Ltd.’s revenue for the three months ended June 30, 2023 was $28.6 million, in line with the same prior year quarter.
August 11, 2023, 12 AM MDT
Daniel Bordessa has tendered his resignation as a director of High Arctic Energy Services Inc. effective immediately.
August 10, 2023, 5:37 AM MDT
Enerflex Ltd. announces that Joanne Cox has been appointed to its board of directors, effective Aug. 9, 2023.
August 10, 2023, 7:03 AM MDT
PHX Energy Services Corp. generated consolidated revenue of $155.6 million in Q2 2023, the highest level of second quarter revenue on record and the third highest level of quarterly revenue in its history despite the second quarter being typically slow in Canada due to spring breakup.
August 9, 2023, 12 AM MDT
AKITA Drilling Ltd.’s net income increased to $6.18 million in the second quarter of 2023 from a loss of $4.25 million during the same period of 2022.
August 8, 2023, 12 AM MDT
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