An article recently posted on the National Energy Board (NEB) website that suggests newer wells drilled into Saskatchewan’s Shaunavon formation are producing less over their lifetime despite improved technology and drilling and completion techniques doesn’t paint an accurate picture, say the top operator in the play and provincial oil and gas officials.
August 7, 2018, 7:48 AM MDT
Unconventional hydrocarbon development — extracting oil and gas from low-permeability reservoirs — generally requires horizontal drilling and hydraulic fracturing.
August 7, 2018, 6:28 AM MDT
International Petroleum Corporation’s (IPC) second quarter Canadian natural gas production at Suffield of 17,800 boe/d outperformed guidance due to strong recovery with the warmer weather and successful gas optimization campaign results to date.
August 7, 2018, 10:26 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 7, 2018, as reported this morning by Rig Locator.
August 7, 2018, 11:49 AM MDT
August 7, 2018, 11:02 AM MDT
Ensign Energy Services Inc.’s U.S. contract drilling operations saw a 25 per cent increase in operating days in the second quarter of 2018 compared to 2017, along with a 33 per cent increase in operating hours for its well servicing fleet in the quarter compared to the previous year.
August 7, 2018, 9:54 AM MDT
August 7, 2018, 6:38 AM MDT
August 7, 2018, 10:53 AM MDT
August 7, 2018, 10 AM MDT
Perpetual Energy Inc. received a statement of claim filed by PricewaterhouseCoopers Inc. LIT (PwC), in its capacity as trustee in bankruptcy of Sequoia Resources Corp., with the Alberta Court of Queen's Bench, against Perpetual, Perpetual Operating Trust, Perpetual Operating Corp. and Susan Riddell Rose.
August 7, 2018, 12 AM MDT
William Klassen has been appointed as a hearing commissioner to the roster of hearing commissioners of the Alberta Energy Regulator (AER) for a further term to expire on Dec. 31, 2019.
August 7, 2018, 12 AM MDT
August 7, 2018, 12 AM MDT
Oil-and-NGL-weighted Razor Energy Corp. reported a second quarter profit of $2.5 million versus a loss of $1.56 million a year earlier.
August 7, 2018, 9:21 AM MDT
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August 7, 2018, 8:57 AM MDT
ClearStream Energy Services Inc.’s revenue for the second quarter of 2018 increased by 16 per cent to $129.7 million, when compared to the second quarter of 2017.
August 7, 2018, 10:11 AM MDT
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August 7, 2018, 3:26 AM MDT
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