Pengrowth Energy Corporation may not be ready to sanction the 17,500 bbl-per-day expansion of its Lindbergh SAGD project in the Cold Lake oilsands region, but it’s not the search for a joint venture deal that is holding the company back.
July 6, 2017, 11:26 AM MDT
Last year’s wildfires near Fort McMurray may be providing much-needed insight into the impact of temporarily shutting in SAGD production.
June 27, 2017, 6 AM MDT
BlackPearl Resources Inc. is focusing its capital on thermal heavy oil development in Saskatchewan as the company waits for investment interest to return to the oilsands, CEO John Festival said on Thursday.
May 5, 2017, 6 AM MDT
Suncor Energy Inc. is getting closer to reaching its internal goal of dropping per bbl costs at its oilsands mining and upgrading operations to under $20, and while CEO Steve Williams indicated that the bottom range of that target will likely remain elusive for some time, the reductions achieved to date are sustainable.
April 28, 2017, 11:09 AM MDT
The success of a $75 million federal funding injection into the University of Calgary will be measured in a way that is not “business as usual” for academia, says one of the school’s lead energy researchers.
March 7, 2017, 8:38 AM MST
Grande Prairie-based oilfield contractor Roska DBO says that with its new acquisition of a “significant” package of production testing and flowback equipment, it will be able to offer producers a new set of tools to improve efficiency and reduce costs.
September 6, 2016, 9:11 AM MDT
It could soon become much faster for oil and gas companies and technology providers to commercialize new technologies that reduce greenhouse gas emissions (GHGs). That’s the goal of the Saskatchewan Research Council (SRC), which is developing a new test facility that it says would enable piloting and validation within a period of weeks.
June 8, 2016, 7:19 AM MDT
The carbon XPRIZE that Canada’s Oil Sands Innovation Alliance (COSIA) launched late last year is attracting record levels of interest from around the world, says retired Suncor Inc. executive Gord Lambert.
March 10, 2016, 10:33 AM MST
Two emerging technologies are taking a big step forward along with completion of the biggest SAGD phase ever built, and operator ConocoPhillips Canada says that meaningful cost savings on energy use will come as a result.
December 1, 2015, 8:01 AM MST
Oilsands producers moved fast after oil prices collapsed last year to make quick-impact cuts, while many new development plans were delayed or cancelled outright. Now, with prices still low, companies are combing their sustaining capital spending for every extra penny. And there are many, many pennies to be saved on SAGD sustaining well pads.
November 30, 2015, 8:12 AM MST
The oilsands industry is currently suffering, and there is room for it to get much worse. However, there is also room to flip the script and thrive in the new, extended world of $40-$50 WTI. That’s the view of a leading industry analyst and a powerhouse SAGD player who spoke at this week’s Canadian Heavy Oil Conference.
November 4, 2015, 8:44 AM MST
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