Daily Oil Bulletin records show new well permitting over the first two months of the year is at an almost 25-year low, with licence counts in British Columbia the only bright spot in otherwise dark times.
March 11, 2015, 9:29 AM MDT
Exploration and production (E&P) companies and the oilfield services sector (OFS) are once again embroiled in the latter half of their historic love/hate relationship. It’s not pretty.
March 11, 2015, 8:11 AM MDT
Crescent Point Energy Corp.’s concentrated effort to partner with its vendors to reduce costs as a result of the continuing low oil price environment is paying dividends.
March 11, 2015, 11:40 AM MDT
March 11, 2015, 11:58 AM MDT
A growing percentage of fee-for-service business with many take-or-pay contracts is enabling Pembina Pipeline Corporation to weather the current downturn, says its chief executive officer.
March 11, 2015, 9:01 AM MDT
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
Canada’s economy, and everyone in it, would be better off if politicians and public commentators put the phrase “value added” to rest, says a new report by the University of Calgary School of Public Policy, which stated that Canada’s raw resource extraction industries actually provide the highest value-added.
March 11, 2015, 9:39 AM MDT
ENTREC Corporation may be well-positioned with the right equipment fleet in the right geographical region to weather the proverbial storm of low commodity prices, says management, but the company must also take measures to minimize the damages of reduced customer demand during the ongoing industry downturn.
March 11, 2015, 10:39 AM MDT
For most of us in the upstream sector of the energy industry, there is currently less pressure to get wells completed and into the market by a given time.
March 11, 2015, 6 AM MDT
geoLOGIC systems is proud to collaborate with Drill Stem Test expert and hydrodynamacist Richard Bartlett to offer free-of-charge training sessions focused on understanding Drill Stem Tests and their application to petroleum hydrodynamics.
March 11, 2015, 6 AM MDT
Kelt Exploration Ltd. grew its total proved reserves by 73 per cent and its proved plus probable reserves by 67 per cent last year as it increased its weighting towards oil and natural gas liquids.
March 11, 2015, 10:27 AM MDT
Spartan Energy Corp. reported average production of 8,844 boe per day in Q4 (95 per cent liquids), a 20 per cent increase over the previous quarter.
March 11, 2015, 10:49 AM MDT
Gear Energy Ltd. achieved record production for the fourth quarter in 2014, averaging 7,001 boe per day, which is 51 per cent more than during the same timeframe one year prior.
March 11, 2015, 11:26 AM MDT
Crescent Point Energy Corp. increased proved plus probable (2P) reserves by 22 per cent to 807.4 million boe at year-end 2014, weighted 93 per cent to light and medium crude oil and liquids.
March 11, 2015, 11:55 AM MDT
This 2-day course will provide participants with the principles of P&ID drawings which are used in process industries.
March 11, 2015, 6 AM MDT
Early Bird prices in effect until March 31st, 2015.
March 11, 2015, 6 AM MDT
Arsenal Energy Inc. is diverting most of its 2015 cash flow to exploration activities to take advantage of “available deal flow” and low costs.
March 11, 2015, 10:13 AM MDT
March 11, 2015, 9:49 AM MDT
March 11, 2015, 8:48 AM MDT
March 11, 2015, 11:42 AM MDT
March 11, 2015, 11:57 AM MDT
Trican Well Service Ltd. announces that the Toronto Stock Exchange has accepted its application to make a normal course issuer bid to purchase, from March 13, 2015, to March 12, 2016, certain of its outstanding common shares.
March 11, 2015, 9:34 AM MDT
The Wood Buffalo Environmental Association says its new website makes available WBEA’s historical monitoring data.
March 11, 2015, 11:46 AM MDT
March 11, 2015, 9:46 AM MDT
March 11, 2015, 9:41 AM MDT
March 11, 2015, 9:42 AM MDT
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