Operators drilled fewer wells in the first month of 2014, with Bulletin records indicating 1,188 rig releases in January compared to 1,255 a year ago (off 5.34 per cent).
February 18, 2014, 9:28 AM MST
A request from the United States Environmental Protection Agency for a two-week extension to the Feb. 12 deadline for submissions on participating in a public hearing on the proposed Trans Mountain expansion has been rejected by the National Energy Board.
February 18, 2014, 11:30 AM MST
The National Energy Board’s Emergency Response Team has been deployed to the site of a pipeline rupture early today on the Nova Gas Transmission Ltd (NGTL) pipeline system approximately 10 kilometres north of Rocky Mountain House.
February 18, 2014, 11:38 AM MST
Enbridge Inc. has been seeing a return of crude oil volumes on its system in North Dakota as tightening differentials have made pipelines more attractive than rail and those volumes are likely to increase as pipeline connections to new markets are completed, say company officials.
February 18, 2014, 11:19 AM MST
What does social licence to operate “look like”?
February 18, 2014, 8:56 AM MST
If companies want to be successful in the oil and gas business, the voluntary effort to operate in an economically, socially and environmentally-sustainable manner must increasingly be taken seriously and pursued diligently, a conference heard last week.
February 18, 2014, 8:02 AM MST
February 18, 2014, 11:42 AM MST
Crew Energy Inc. increased its proved reserves by 35 per cent and its proved plus probable reserves by 29 per cent for the year ended Dec. 31, 2013, as determined by an independent reserve evaluation.
February 18, 2014, 10:55 AM MST
February 18, 2014, 10:23 AM MST
February 18, 2014, 9:41 AM MST
Terra Energy Corp. has set an initial capital spending budget of $14.3 million for 2014.
February 18, 2014, 9:02 AM MST
Niko Resources Ltd. reported a net loss for the third quarter of fiscal 2014 of US$448 million, compared to a net loss of $149 million for the second quarter of fiscal 2014.
February 18, 2014, 10:27 AM MST
February 18, 2014, 9:58 AM MST
As production rates in light, tight oil decline rapidly after the initial year of production, operators must maximize this crucial productive period by minimizing the occurrence of damaged rods, pump blockages, gas locking and scaling.
February 18, 2014, 7:34 AM MST
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February 18, 2014, 7:30 AM MST
The Newfoundland & Labrador Oil & Gas Industries Association (Noia) has honoured two individuals with industry achievement awards.
February 18, 2014, 11:50 AM MST
February 18, 2014, 9:12 AM MST
February 18, 2014, 9:44 AM MST
The rapidly increasing production of North American crude oil has led Bloomberg to speculate the U.S. will become the world's largest oil producer by 2015 with talk of energy independence potentially being achievable in the next two decades.
February 18, 2014, 7:29 AM MST
On Jan. 16, Calmena Energy Services Inc.’s senior lender requested payment of all amounts owing to it under the credit facilities by Feb. 15, but the payment of such amounts remains outstanding.
February 18, 2014, 9:25 AM MST
Traverse Energy Ltd. has entered into an agreement with Acumen Capital Finance Partners Limited, pursuant to which Traverse has agreed to issue an aggregate of 12.5 million common shares at 80 cents per common share for total gross proceeds of approximately $10 million.
February 18, 2014, 9:13 AM MST
Tracks At Site Of Pennsylvania Oil Train Derailment Cleared - Operator
February 18, 2014, 10:45 AM MST
February 18, 2014, 11:45 AM MST
Sonde Resources Corp. announced Friday that the TSX Venture Exchange has accepted the company’s application for listing its common shares effective at the opening on Feb. 19, under the trading symbol SOQ.
February 18, 2014, 8:44 AM MST
Condor Petroleum Inc. announces that the sale of its 66 per cent interest in the Marsel Territory for US$88 million was completed on Jan. 28, 2014.
February 18, 2014, 11:17 AM MST
WesternZagros Resources Ltd. has completed a revised resources assessment of its Kurdamir Oligocene reservoir in the Kurdistan Region of Iraq and there are no material changes.
February 18, 2014, 11:55 AM MST
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