To understand the future of Western Canada’s oil and gas industry, a leading investor takes a common sense approach.
October 28, 2016, 10:31 AM MDT
An industry investor who is in his fourth decade of investing in the western Canadian oil and gas industry has a message for those who expect natural gas prices to remain low.
October 28, 2016, 11:02 AM MDT
October 24, 2016, 6 AM MDT
October 14, 2016, 11:01 AM MDT
October 6, 2016, 6 AM MDT
Despite a recent report that Canada’s oil export pipelines are almost full, a market analyst isn’t convinced that’s the case.
October 5, 2016, 6 AM MDT
West Texas Intermediate crude oil will average US$50 a bbl in the final quarter of this year and $60 a bbl in 2017, predicts GMP FirstEnergy.
October 5, 2016, 8:25 AM MDT
Imperial Oil Limited has saved more than $80 million this year through productivity gains from a supplier relationship called norms-based contracting, said Bart Cahir, senior vice-president of upstream operations.
September 23, 2016, 6 AM MDT
When the development of SAGD opened up in-situ development of the Athabasca oilsands region, many felt it also opened the door to small companies.
September 22, 2016, 12:01 PM MDT
Imperial Oil Limited is “starting to see tangible evidence” that efforts to reduce unplanned downtime at Syncrude Canada Ltd. are “on the right track,” said Bart Cahir, Imperial’s senior vice-president of upstream operations.
September 22, 2016, 6 AM MDT
While heavy Canadian crude isn’t enjoying the same hype as in the boom days, an OPEC producer is developing its heavy oil assets—and hopes to capitalize on Canadian service industry experience.
September 19, 2016, 6 AM MDT
The current downturn in oil prices has underscored the need to improve oilsands technologies. Various efforts are underway, but haven’t always made major headlines. This week the Daily Oil Bulletin looks at some unreported or under-reported efforts and discussions aimed at improving oilsands and heavy oil economics through technological improvement.
September 16, 2016, 6 AM MDT
The current downturn in oil prices has underscored the need to improve oilsands technologies. Various efforts are underway, but haven’t always made major headlines. This week the Daily Oil Bulletin looks at some unreported or under-reported efforts and discussions aimed at improving oilsands and heavy oil economics through technological improvement.
September 15, 2016, 6 AM MDT
The current downturn in oil prices has underscored the need to improve oilsands technologies. Various efforts are underway, but haven’t always made major headlines. This week the Daily Oil Bulletin looks at some unreported or under-reported efforts and discussions aimed at improving oilsands and heavy oil economics through technological improvement.
September 14, 2016, 6 AM MDT
Penn West Petroleum Ltd. expects to improve performance from its main area by putting Cardium wells on pressure support immediately, or almost immediately after they’re drilled, and by drilling the underlying Mannville.
September 14, 2016, 9:03 AM MDT
The current downturn in oil prices has underscored the need to improve oilsands technologies. Various efforts are underway, but haven’t always made major headlines. This week the Daily Oil Bulletin looks at some unreported or under-reported efforts and discussions aimed at improving oilsands and heavy oil economics through technological improvement.
September 13, 2016, 6 AM MDT
The current downturn in oil prices has underscored the need to improve oilsands technologies. Various efforts are underway, but haven’t always made major headlines. This week the Daily Oil Bulletin looks at some unreported or under-reported efforts and discussions aimed at improving oilsands and heavy oil economics through technological improvement.
September 12, 2016, 7:28 AM MDT
Fracture stimulating wells after the initial treatment can be among a producer’s most profitable investments when the re-fracs are successful, but much can be done to improve the results, says an independent frac consultant.
August 23, 2016, 9:52 AM MDT
Rock-bottom natural gas spot prices at AECO in recent days could be a harbinger of things to come if nothing is done to counteract the loss of market share in Eastern Canada, a TransCanada Corporation executive suggested this week.
August 19, 2016, 11:57 AM MDT
The AECO spot price for natural gas took a nosedive in recent days, closing at 74 cents a gigajoule on Tuesday and 50 cents on Wednesday as a curtailment on TransCanada Corporation’s pipeline system caused a severe supply/demand imbalance.
August 18, 2016, 11:55 AM MDT
While power prices in Alberta may be falling due to cheap natural gas, the government-owned utility in Saskatchewan hopes to raise rates.
August 15, 2016, 7:27 AM MDT
While Crescent Point Energy Corp. expects its 2017 capital and operating costs to be similar to this year’s, it is assuming the price of West Texas Intermediate (WTI) crude will average US$5 a bbl higher.
August 15, 2016, 7:18 AM MDT
After spending only about $9 million in the first half of 2016, Harvest Operations Corp. expects somewhat higher capital spending in the second half of the year, a conference call heard on Friday.
August 12, 2016, 11:47 AM MDT
With its $1.1 billion Gordondale and DJ Basin asset sales expected to close by month’s end, Encana Corporation has increased its 2016 capital budget by about $200 million.
July 21, 2016, 11:54 AM MDT
India is requiring no bonuses or work commitments on bids for 67 discovered fields, industry representatives in Calgary heard on Monday.
July 19, 2016, 11:59 AM MDT
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