Headlines for Sept. 15, 2016

  1. Nexen Studies Using Electric Heat To Generate Steam In Situ From Connate Water

    The current downturn in oil prices has underscored the need to improve oilsands technologies. Various efforts are underway, but haven’t always made major headlines. This week the Daily Oil Bulletin looks at some unreported or under-reported efforts and discussions aimed at improving oilsands and heavy oil economics through technological improvement.

  2. Producers Realign Costs To Fit $50 Oil: Conference

    While hopeful crude oil prices will recover, many of Western Canada’s producers are not kidding themselves, focusing instead on realigning operations — and costs — to a longer-term price in the $50 WTI range.

  3. Paramount Outlines Plans, Remaining Assets Post-Divestiture

    Once producing up to 60,000 bbls per day at its peak, after a “major, transformational” divestiture of core assets at Musreau and Kakwa last month, Paramount Resources Ltd. is left with production of 10,000 boe per day (70 per cent gas, 30 per cent liquids) and a $1.3 billion investment portfolio, a recent investment conference heard.

  4. TPH Advising On Sale Of ARC Resources Assets

    Tudor Pickering Holt has been retained by ARC Resources to advise on the divestment of certain non-core assets in Alberta and British Columbia. The assets comprise 3,890 boe/d (55% liquids, 1.83 LMR), with a 12% base decline.

  5. Sponsored Content: Where All-Weather Workwear Works

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  6. AltaGas Opens Townsend Facility

    AltaGas Ltd. on Tuesday officially opened the Townsend facility, an integrated midstream complex located in northeast British Columbia approximately 100 kilometres north of Fort St. John and 20 kilometres southeast of AltaGas's Blair Creek facility.

  7. 2017 Oil And Gas Industry Outlook

    Participate in our short online survey to provide perspective on where you think the oil and gas industry is headed in 2017 and be entered to win a $500 VISA gift card.

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