There is no single, universal completion system that works everywhere and for everyone, and a wide range of reservoir quality, pressure and fluid compositions in unconventional resources means companies must continuously evolve and improve their completion strategies to meet the needs of each circumstance.
The National Energy Board (NEB) says it has authorized a panel to deal with a notice of motion from Trans Mountain Pipeline ULC seeking an order that would enable it to begin work on its Burnaby terminal and Westridge marine terminal without municipal approvals.
China and India are expected to continue to drive global oil consumption higher in the longer term, according to major oil forecasting organizations such as the International Energy Agency (IEA), U.S. Energy Information Administration (EIA) and OPEC.
Ensign Energy Services Inc. has revised its net capital expenditures for 2017 to between $100 million and $105 million, compared to the previous estimate of $90 million to $95 million (DOB, Aug. 8, 2017).
We are excited to announce our opening keynote presenters: Steve Laut, President, Canadian Natural Resources Ltd., Chris Seasons, Vice Chair and Director, Arc Financial Corp. and Theresa Watson, President, T.L. Watson & Associates.
With the lack of new oil and gas infrastructure projects in Canada, many companies are focused on growing maintenance-related business, which has more stable demand, says ClearStream Energy Services Inc.
Updating a patent infringement proceeding commenced by Packers Plus Energy Services Inc., Essential Energy Services Ltd. says it was advised that the Federal Court of Canada ruled on Nov. 3, 2017 that a patent was not valid and that Essential did not infringe on the patent.
Vital Energy Inc. announced that the funding for the drilling and completion costs for the first well in the previously announced Phase 1 earning well drilling program has been advanced by Cerus Energy Corp. to Vital.
Pengrowth Energy Corporation has closed the previously announced sale of its remaining Swan Hills assets in north-central Alberta for total cash consideration of $150 million, before customary closing adjustments.
CWC Energy Services Corp. has completed the previously announced acquisition of all of the service and swabbing rig assets and ongoing operations of C&J Energy Production Services-Canada Ltd. from C&J Energy Services, Inc. for total consideration of C$37.5 million in cash.
JWN is a division of an information communications company.
Reuters content is the intellectual property of Reuters Limited. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means is expressly prohibited without the prior consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters, the Reuters Logo, and the Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information on other Reuters Services please visit the Reuters public web site - http://www.reuters.com.