The U.S. rig count is down three from last week to 623 with oil rigs down two to 501, gas rigs unchanged at 119 and miscellaneous rigs down one to three.
December 15, 2023, 11:04 AM MST
NCS Multistage Holdings, Inc.’s subsidiary has settled outstanding litigation with Boyd & McWilliams.
December 15, 2023, 12 AM MST
STEP Energy Services Ltd. announced its full-year 2024 capital budget of $119.8 million, an increase from the preliminary capital budget of $60 million announced on Nov. 1, 2023.
December 14, 2023, 5:46 AM MST
Vertex Resource Group Ltd. has accepted the resignation of Trent Baker from the company's board of directors, effective Dec. 14, 2023.
December 14, 2023, 5:59 AM MST
SECURE Energy Services Inc. has entered into a definitive agreement with Waste Connections Inc. to sell the facilities formerly owned by Tervita Corporation that were ordered to be divested by the Competition Tribunal for $1.075 billion in cash plus approximately $75 million for certain adjustments as provided in the agreement for total estimated cash proceeds of $1.150 billion.
December 11, 2023, 6:11 AM MST
SECURE Energy Services Inc. has updated its 2024 spending outlook following the announced deal to sell facilities.
December 11, 2023, 6:22 AM MST
Pason Systems Inc. announced its intention to exercise a call option for the purchase of all remaining issued and outstanding common shares of Intelligent Wellhead Systems, Inc. (IWS) not currently held by Pason for total consideration of $88.3 million.
December 6, 2023, 5:25 AM MST
Trican Well Service Ltd. has entered into an agreement with a syndicate of Canadian banks which amends and extends its RCF.
December 6, 2023, 5:07 AM MST
Gibson Energy Inc. outlined growth capital expenditures of $150 million in 2024.
December 5, 2023, 12 AM MST
Gibson Energy Inc. has appointed two new directors to its board effective Dec. 5, 2023.
December 5, 2023, 12 AM MST
December 4, 2023, 12 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 1, 2023 as reported this morning by Rig Locator.
December 1, 2023, 11:44 AM MST
The U.S. rig count is up three from last week to 625 with oil rigs up five to 505, gas rigs down one to 116 and miscellaneous rigs down one to four.
December 1, 2023, 11:03 AM MST
Shawcor Ltd., (dba Mattr Infratech), has completed the previously-announced sale of its pipe coating business to Tenaris S.A.
December 1, 2023, 7:27 AM MST
Wolverine Energy and Infrastructure Inc. reports that, with the authorization and approval of its board of directors, and on behalf of itself and its subsidiaries, the company has made a filing for and received an order for creditor protection from the Alberta Court of King's Bench pursuant to the Companies' Creditors Arrangement Act.
December 1, 2023, 7:34 AM MST
Labour needs in the drilling and service rig industry was top-of-mind as the Canadian Association of Energy Contractors (CAOEC) released its 2023/24 forecast and State of the Industry Report on Nov. 24.
November 30, 2023, 12 AM MST
November 27, 2023, 12 AM MST
The Canadian Association of Energy Contractors (CAOEC) released its 2023/24 Drilling and Service Rig Forecast and the 2023 State of the Industry Report.
November 24, 2023, 8:48 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 24, 2023 as reported this morning by Rig Locator.
November 24, 2023, 11:31 AM MST
Mattr Infratech announced that Derek Blackwood has decided to retire after 14 years of service as an independent director, including three years as board chair, and will not seek re-election at the company’s 2024 AGM.
November 24, 2023, 6 AM MST
U.S. rig count is up four from last week to 622 with oil rigs unchanged at 500, gas rigs up three to 117 and miscellaneous rigs up one to five.
November 23, 2023, 12 AM MST
Operators across Canada rig released 4,535 wells in the first 10 months of 2023, excluding experimental wells, a five per cent decrease from 4,757 wells drilled in the comparable period last year.
November 20, 2023, 12 AM MST
The third quarter results for CES Energy Solutions Corp. could be boiled down to one word: growth.
November 20, 2023, 9:25 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 17, 2023 as reported this morning by Rig Locator.
November 17, 2023, 11:39 AM MST
The U.S. rig count is up two from last week to 618 with oil rigs up six to 500, gas rigs down four to 114 and miscellaneous rigs unchanged at four.
November 17, 2023, 11:09 AM MST
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