Demand for high tech add-ons that improve drilling performance or help meet environmental concerns is paying off in increased margins for drilling contractors, company executives said in their year-end earnings calls.
April 5, 2024, 6:57 AM MDT
Saskatchewan is introducing a new multilateral well drilling program, and Lycos Energy Inc. likes what it sees.
April 4, 2024, 12 AM MDT
As U.S. shale plays continue maturing, operators will need to drill and complete more and bigger wells just to keep production flat in the face of high decline rates, creating a growing well servicing market, company executives said in the year-end earnings calls.
April 3, 2024, 12 AM MDT
Rokk Energy Technologies and Northern Smilodon Energy Inc. have entered into a strategic relationship that is focused on the commercial application of Rokk's Pad-Free advanced drilling and completion system.
March 25, 2024, 10:50 AM MDT
Crescent Point Energy Corp.’s low decline Saskatchewan oil assets are expected to deliver 53 per cent of corporate excess cash flow in 2024, despite representing only 27 per cent of the company’s production mix, chief operating officer Ryan Gritzfeldt said at its recent analyst day.
March 25, 2024, 8:34 AM MDT
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