Producers rig released 1,831 wells across Canada in the first half of 2021, excluding experimental holes, a four per cent decrease from 1,917 wells drilled in January-June 2020.
July 27, 2021, 9:24 AM MDT
The Alberta Energy Regulator is in the process of releasing long anticipated updates to closure regulations. The AER has announced closure spend targets that will come into effect on Jan. 1, 2022. New licensee life-cycle management regulations will also be in place.
July 27, 2021, 9:30 AM MDT
Canada’s well licence count increased 27 per cent in the first half of 2021 compared to a year ago, as governments across the country approved 2,281 new wells versus 1,796 in the first six months of last year.
July 26, 2021, 10:27 AM MDT
Trans Mountain looking for West Alternative reasons for decision from CER.
July 23, 2021, 10:42 AM MDT
Precision Drilling Corporation expects to activate several more rigs in the Canadian market in the coming weeks, and the company has agreed to a multi-year contract to redeploy an AC Super Triple rig from Colorado to the Montney, as the outlook for Canada remains “exceptionally bright” for the next 12 months.
July 22, 2021, 7:55 AM MDT
Europe’s oil and gas majors again led the way in terms of green and renewable energy sector deal-making among oil producing peers in Q2, according to Evaluate Energy’s latest M&A report.
July 22, 2021, 12 AM MDT
The country’s energy sector is making tremendous progress in reducing emissions as companies continue to invest significantly in the clean-technology sector and knowledge sharing across the industry, says a newly-released report by the Canadian Association of Petroleum Producers (CAPP).
July 21, 2021, 11 AM MDT
The Canada Energy Regulator (CER) has approved the West Alternative Route variance application for the Trans Mountain expansion.
July 20, 2021, 12:37 PM MDT
The Nisga'a Nation, Rockies LNG and Western LNG filed the initial project description for the Ksi Lisims LNG project with the B.C. and federal governments.
July 19, 2021, 9:22 AM MDT
PrairieSky Royalty Ltd. has acquired a five per cent gross overriding royalty on over 76,000 acres of Clearwater lands in the core Marten Hills area.
July 19, 2021, 2:19 PM MDT
There were 158 rigs at work this morning in the WCSB, with 332 down, for a 32 per cent active rate, reported Rig Locator.
July 16, 2021, 11:40 AM MDT
Canada’s largest natural gas producer has struck an arrangement with the largest LNG company in the U.S.
July 15, 2021, 3:28 PM MDT
Tourmaline Oil Corp. says its two-year consolidation initiative in the Alberta Deep Basin and B.C. Montney complexes is now essentially complete, as it announced the closing of two strategic North Montney transactions — including one involving Paramount Resources Ltd.’s land and assets in the Birch area — as well as a North Montney GORR transaction with Topaz Energy Corp.
July 15, 2021, 3:56 PM MDT
There were 157 rigs at work this morning in the WCSB, with 333 down, for a 32 per cent active rate, reported Rig Locator.
July 15, 2021, 11:40 AM MDT
Oil and gas operators will learn how to navigate any new regulatory hurdles related to the recent changes to Directive 56 in a new course.
July 14, 2021, 8:31 AM MDT
Royal Helium Ltd. has started an airborne triaxial magnetic survey over its Bengough project in southeastern Saskatchewan.
July 14, 2021, 9:25 AM MDT
Join the DOB for this exclusive discussion on the new regulations in Alberta
July 13, 2021, 6 AM MDT
The Daily Oil Bulletin has published the June edition of the On The Move newsletter.
July 13, 2021, 6 AM MDT
There were 150 rigs at work this morning in the WCSB, with 340 down, for a 31 per cent active rate, reported Rig Locator.
July 13, 2021, 11:37 AM MDT
Avanti Energy Inc. has closed its previously announced oversubscribed non-brokered private placement by issuing 2.4 million shares at $1.70 for gross proceeds of $4.08 million.
July 13, 2021, 7:30 AM MDT
Jessica Davey was appointed vice-president of land for Desert Mountain Energy Corp., a Vancouver-based company focused on the discovery and development of rare earth gas fields in the U.S.
July 13, 2021, 8:05 AM MDT
The Daily Oil Bulletin, Fluor Canada, and geoLOGIC systems are searching for the best and brightest in the Canadian oil and gas industry to be our Rising Stars of 2021.
July 12, 2021, 7:20 AM MDT
K. Earl Reynolds has been appointed as president and chief executive officer of Bonavista Energy Corporation, effective July 15.
July 12, 2021, 8:35 AM MDT
Obsidian Energy Ltd. says a two-rig continuous drilling program is being used to drill 23 (19.3 net) wells in the second half of 2021, predominantly in its Willesden Green and Pembina Cardium assets.
July 12, 2021, 8:31 AM MDT
There were 153 rigs at work this morning in the WCSB, with 337 down, for a 31 per cent active rate, reported Rig Locator.
July 12, 2021, 11:45 AM MDT