Maintaining the dispute settlement mechanism is a priority for Canada’s energy sector in the current renegotiations of the North American Free Trade Agreement (NAFTA), said speakers at a School of Public Policy panel discussion.
Canada is approaching a crossroads when it comes to energy project development. This is a time for careful consideration of policies and legislation that truly reflect the national interest. The Daily Oil Bulletin has assembled a group of respected experts familiar with regulatory, legal, transport, economics and environmental protection issues associated with energy development to provide their individual reflections on a topic of material interest to the industry, affected public and legislators.
While it was not specifically created to deal with oil and gas industry challenges, a new facility in Richmond, B.C., to test carbon capture and conversion technologies will focus much of its efforts on problems specific to the high emitting oilsands—specifically making production less carbon intensive.
Comstock Resources Inc. and Resolute Energy Corp. achieved the highest percentage cut in operating and transportation costs per bbl of oil equivalent among their respective peer groups in the U.S. during Q2 2017, according to new data from Evaluate Energy.
The National Energy Board (NEB) says it will hold a public hearing and issue a report no later than Dec. 7, 2018 into NOVA Gas Transmission Ltd.’s variance application seeking approval to proceed with specific components of the already-approved North Montney Mainline.
This 3 day school covers all aspects of sucker rod pumped oil wells including basic reservoir background, all mechanical components of rod systems (vertical and horizontal wells), understanding dynamometer cards as well as analyzing, optimizing and problem solving of pumping oil wells.
Pressure Relief Valves provide protection of life and of the facility (and property within it). When an overpressure condition exists, a pressure relief valve will open and allow overpressure discharge from the pressurized equipment.
Husky Oil Operations Limited has been fined $100,000 after pleading guilty in provincial court in Lloydminster to a charge related to a worker who was injured after being hit by a truck at the company’s sand disposal facility in Lloydminster.
During the second quarter of 2017, Chinook Energy Inc. successfully completed a four well (3.63 net) (the a-81-F, b-90-G, 02/d-5-K, and b-14-K wells) drilling program at Birley/Umbach with average drilling costs of approximately $1.55 million per well ($1.38 million, net).
Questerre Energy Corporation says that it and other license holders in Quebec are studying proposed draft regulations to govern oil and natural gas development in Quebec and will provide feedback to province’s ministry of energy and natural resources.
AltaGas Ltd. announced that after having taken into account all conversion notices received from holders of its outstanding cumulative redeemable five-year rate reset preferred shares, Series C by the Sept. 15, 2017 deadline, less than the 1,000,000 Series C shares required to give effect to conversions into cumulative redeemable floating rate preferred shares, Series D of AltaGas were tendered.
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