Technology

Oil Demand To Peak In 2020s, Gas Has Brighter Future In Energy Transition: Reports

Two new reports from European energy consultancies point to a peak in oil demand as early as the mid 2020s, the ascendency of natural gas as the preeminent fossil fuel in a carbon-constrained world, and major ramifications for producers and investors as the clean energy transition takes hold.

September 18, 2018, 12 AM MDT


Bayshore Chair Resigns

Bayshore Petroleum Corp. announced the resignation of Peter Ho as chairman of the board of directors effective immediately

September 13, 2018, 7:03 AM MDT


geoLOGIC and BetaZi Collaboration Creates Unbiased Probabilistic Production Forecasts

Calgary-based geoLOGIC systems ltd. has teamed with California-based predictive analytics provider BetaZi LLC to offer pre-computed probabilistic production forecasts for every well in Western Canada in seconds.

September 10, 2018, 6:58 AM MDT


NuVista Officially Closes Pipestone Partnership Deal

NuVista Energy Ltd. has officially closed its  acquisition of the Cenovus Pipestone Partnership which holds assets in the Pipestone area of northwest Alberta, the company announced.

September 7, 2018, 8:40 AM MDT


STEP Energy Services Sets New Coiled Tubing Depth Record

STEP Energy Services Ltd. announces the completion of another record-breaking coiled tubing project on a 15k well while performing milling operations for an operator in the Duvernay.

September 4, 2018, 7:21 AM MDT


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