The western Canadian active rate ticked up slightly in November, according to Rig Locator numbers, with recent forecasts expecting the momentum to continue into 2022.
December 1, 2021, 8:20 AM MST
With western Canadian drilling activity holding steady in the mid- to high-30 per cent range in recent weeks — and with an uptick expected as the winter drilling season goes into full gear — some service sector companies have recently increased their 2021 capital expenditure plans.
December 1, 2021, 7:51 AM MST
Millennium Land (444) Ltd. paid both the highest price per hectare and highest bonus at the most recent Alberta land sale, for a 1,280-hectare licence in 065-07W6, in the Wapiti area.
November 30, 2021, 7 AM MST
Operators across Canada rig released 3,726 wells in the first 10 months of 2021, excluding experimental wells, a 50 per cent increase from 2,482 wells drilled in the comparable period last year.
November 29, 2021, 1:50 PM MST
Similar to 2021, the Montney formation will be a key focus for drilling activity next year.
November 24, 2021, 11:02 AM MST
There were 182 rigs at work this morning across the WCSB, with 306 down, for a 37 per cent active rate, reported Rig Locator.
November 19, 2021, 11:45 AM MST
There were 177 rigs at work this morning across the WCSB, with 311 down, for a 36 per cent active rate, reported Rig Locator.
November 18, 2021, 11:42 AM MST
Western Canadian oil and gas producers can continue to look forward to improved commodity prices, and activity levels are expected to remain strong relative to the past two years, according to experts and industry officials.
November 17, 2021, 8:49 AM MST
The Daily Oil Bulletin has published the October edition of the On The Move newsletter.
November 17, 2021, 10:54 AM MST
There were 177 rigs at work this morning across the WCSB, with 311 down, for a 36 per cent active rate, reported Rig Locator.
November 17, 2021, 11:40 AM MST
There were 178 rigs at work this morning across the WCSB, with 310 down, for a 36 per cent active rate, reported Rig Locator.
November 15, 2021, 11:49 AM MST
First Helium Inc. has closed on two separate transactions with private, third-party companies to acquire an aggregate of 40 kilometres of natural gas gathering pipeline assets.
November 15, 2021, 8:47 AM MST
Operators across the country licensed 537 new wells last month, up from 277 a year ago, and about level with September 2021 when 543 wells were permitted.
November 12, 2021, 6 AM MST
Western Canadian oilfield service companies expect drilling and completion activity to gain more ground in 2022 but are not anticipating a huge spike as the exploration and production sector is expected to maintain an emphasis on financial discipline, reports the DOB’s latest guidance report.
November 10, 2021, 11:07 AM MST
Two parcels that sold for record per-hectare values for the Kakwa area of northwest Alberta were the highlights of the latest Alberta land sale.
November 8, 2021, 6 AM MST
The latest guidance report from the Daily Oil Bulletin, which features announcements made in October 2021, also reports on the rebound in licensing activity this year.
November 5, 2021, 6:34 AM MDT
Stay up-to-date on applicable codes and standards governing emissions testing and management in Canada with a new technical course delivered by a leading expert in regulatory technical standards.
November 4, 2021, 8:16 AM MDT
Stay up-to-date on applicable codes and standards governing emissions testing and management in Canada with a new technical course delivered by a leading expert in regulatory technical standards.
November 2, 2021, 7:16 AM MDT
While commodity prices were strong in October, rig activity in Western Canada remained steady through the month.
November 1, 2021, 9:05 AM MDT
Members of the Canadian Association of Energy Contractors (CAOEC) booked 33,299 operating days in the first nine months of 2021, up 34 per cent from 24,823 operating days in the comparable period last year, Rig Locator records show.
November 1, 2021, 2:47 PM MDT
PETRONAS Energy Canada Ltd. has filed evidence with the Canada Energy Regulator (CER) in the Firm Transportation-Linked North Montney (FT-L (NM)) Service proceeding, saying it supports NOVA Gas Transmission Ltd.’s (NGTL) requests for approval of the FT-L (NM) Service and for affirmation of the NMML tolling methodology.
October 29, 2021, 7 AM MDT
The Daily Oil Bulletin is launching a regular new report that will provide analysis of recent land sales.
October 27, 2021, 5:54 AM MDT
Tourmaline Oil Corp. was the top operator across the basin during the first nine months of 2021 based on metres drilled, including experimental/test wells.
October 27, 2021, 11 AM MDT
Eni and Royal Dutch Shell plc have been the most active among traditional oil and gas producers when it comes to green energy sector dealmaking in 2021, according to a new report from Evaluate Energy.
October 26, 2021, 6 AM MDT
On Sept. 22, 2021, Westcoast Energy Inc. submitted an application regarding a proposed decommissioning (removal) of its Grizzly Valley Mainline at the Pine River crossing and construction of a tie-in of that pipeline to the Fort St. John Mainline upstream of the crossing.
October 25, 2021, 10:54 AM MDT
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