Governments across Canada licensed 7,019 new wells in the first nine months of 2018, up two per cent from 6,873 permits granted in January-September 2017, with over 800 wells licensed during each month of the third quarter.
October 16, 2018, 11:01 AM MDT
Precision Drilling Corporation has entered into an arrangement agreement with Trinidad Drilling Limited, trumping an earlier hostile bid for Trinidad from Ensign Energy Services Inc.
October 5, 2018, 4:45 AM MDT
Operators working in B.C. have drilled just under 300 wells to the end of August, excluding experimental wells, off 25 per cent from a year ago and the biggest year-over-over percentage change in the four western provinces.
September 26, 2018, 12 AM MDT
Over the first eight months of the year, a total of 6,184 wells across Canada have been permitted — about even with last year’s tally of 6,177— although year-over-year counts are up in Alberta, B.C. and Manitoba and down in Saskatchewan.
September 17, 2018, 10:10 AM MDT
Rig release counts have declined in British Columbia and Saskatchewan to the end of July, excluding experimental wells, compared to last year’s tally over the first seven months of the year.
August 21, 2018, 9:13 AM MDT
Operators across Canada licensed 873 new wells in July, a three per cent decrease from 898 licences approved a year ago.
August 15, 2018, 7:32 AM MDT
Delphi Energy Corp. continues to boost its condensate production, aided recently by the use of a new EOR surfactant that is specifically designed to enhance oil/condensate production.
August 9, 2018, 11:43 AM MDT
Obsidian Energy Ltd. plans to fast-track Cardium development with a repeatable, low-cost approach in the second half of 2018 and into next year.
August 3, 2018, 3:41 AM MDT
Members of the Canadian Association of Oilwell Drilling Contractors (CAODC) booked 33,062 operating days in the first half of 2018 in Western and Northern Canada, down slightly from 34,375 days booked in the first six months of last year.
July 31, 2018, 10 AM MDT
Crescent Point Energy Corp. was the top operator during the first half of 2018 ranked by metres drilled, while Canadian Natural Resources Limited rig released the most wells.
July 30, 2018, 9:43 AM MDT
The premier of Newfoundland and Labrador announced today the first step into a new frontier for the province’s oil and gas industry — deepwater production.
July 26, 2018, 6:48 AM MDT
Alberta brought in $11 million at this week’s land sale, with the government selling 39,904 hectares at an average price of $275.60 per hectare.
July 26, 2018, 9:28 AM MDT
Producers rig released 3,149 wells across Canada in the first half of 2018, excluding experimental holes, a five-per-cent decrease from 3,316 wells drilled in January-June 2017.
July 20, 2018, 11:06 AM MDT
Canada’s well licence count dipped one per cent in the first half of 2018 compared to a year ago, as governments across the country approved 4,458 new wells versus 4,515 in the first six months of last year.
July 10, 2018, 10:10 AM MDT
Rig release counts across Western Canada to the end of May remain steady compared to last year, with one exception: British Columbia.
June 20, 2018, 8:58 AM MDT
Operators licensed 864 new wells across the country last month, up 24 per cent from 696 wells granted authorization in May 2017, with permitting rising in all western provinces except British Columbia.
June 15, 2018, 8:21 AM MDT
Industry paid $13.61 million into provincial coffers on Wednesday for this week’s Alberta land sale, highlighted by producers likely pushing the East Shale Basin oil play to the northwest.
June 14, 2018, 10:53 AM MDT
Industry paid $42 million into provincial coffers on Wednesday, with four high-priced parcels likely purchased for their Duvernay potential, perhaps pushing the East Shale Basin oil play to the northwest.
May 31, 2018, 9:56 AM MDT
Year-over-year rig release counts are down in all four western provinces to the end of April, although only marginally so in Alberta and Saskatchewan.
May 25, 2018, 8:38 AM MDT
Operators licensed 578 wells last month, up 55 per cent from 372 wells permitted in April 2017, as increased permit counts in Alberta helped to offset declines in Saskatchewan.
May 15, 2018, 8:42 AM MDT
With positive results from the testing of a new completion design at its Sundance Cardium play, Peyto Exploration & Development Corp. plans to load up the back-half of 2018 with about 40 more Cardium wells.
May 14, 2018, 9 AM MDT
May 9, 2018, 11:36 AM MDT
Macro-geopolitical issues in Canada are leading to a widening, “bifurcated” market between this country and the U.S. for service companies, says Ensign Energy Services Inc.
May 8, 2018, 11:30 AM MDT
Improved understanding of its reservoirs and production responses has led Seven Generations Energy Ltd. to challenge its well design assumptions.
May 4, 2018, 10:52 AM MDT
Seven Generations Energy Ltd. reported average condensate production of 67,285 bbls/d in the first quarter of 2018, up 30 per cent from the prior-year period.
May 3, 2018, 10:35 AM MDT