Source Energy Services Ltd. benefitted from record sand sales volumes and revenues in delivering improved year-over-year operating results in 2018 as the increased size and scope of its operations enabled it to better serve completion activity in Western Canada.
March 18, 2019, 6 AM MDT
March 6, 2019, 7:40 AM MST
While Kelt Exploration Ltd. has not changed its previously reported guidance, the company will re-evaluate its spending plans for the remainder of 2019 after the first quarter is complete.
March 6, 2019, 8:43 AM MST
Weaker demand for fracturing services in Canada has forced Calfrac Well Services Ltd. to suspend one Canadian fleet and deploy idled equipment to the United States.
March 1, 2019, 10:25 AM MST
A merger of four companies has established a new, focused operation, effective March 1, aimed at providing greater capacity and capabilities to oil and gas industry clients in Canada and the U.S.
March 1, 2019, 10:19 AM MST
Larger jobs in the United States and high activity in Canada boosted Calfrac Well Services Ltd.’s fourth quarter revenue in 2018.
February 28, 2019, 10:02 AM MST
Trican Well Service Ltd. is holding the line on capital expenditures, limiting spending to minor fixes and critical upgrades in 2019 as the company keeps a close eye on activity levels in the basin.
February 22, 2019, 9:19 AM MST
Volatility in prices for Canadian oil and natural gas contributed to significant declines in Trican Well Service Ltd.’s activity levels in the final quarter of 2018.
February 21, 2019, 9:58 AM MST
Source Energy Services Ltd.’s sand sales volumes for the fourth quarter of 2018 were 373,000 metric tonnes (MT).
February 21, 2019, 6 AM MST
In light of the Alberta production curtailment, Obsidian Energy Ltd. is deferring a four-well pad with two Cardium wells and two Deep Basin wells to the second half of 2019.
February 11, 2019, 5:57 AM MST
The energy industry in 2017 used only about 260 million cubic metres (25 per cent) of the 1.05 billion cubic metres which it had been allocated and 0.18 per cent of the province’s non-saline available water, says the Alberta Energy Regulator (AER) in its new water use performance report.
February 7, 2019, 9:55 AM MST
February 7, 2019, 9:21 AM MST
Saturn Oil & Gas Inc. started its Q1 2019 drill program on Jan. 14, 2019.
January 31, 2019, 11:15 AM MST
Point Loma Resources Ltd. says it has determined that commercial production has been established for the Wizard Lake horizontal 16-17-48-27W4 Rex heavy oil pool discovery and it has ended the clean-up test.
January 21, 2019, 9:02 AM MST
The BC Oil and Gas Commission (OGC) has determined the three seismic events which occurred approximately 20 kilometres south of Fort St. John on Nov. 29, 2018 were caused by fluid injection during hydraulic fracturing operations conducted by Canadian Natural Resources Limited.
December 24, 2018, 4:18 AM MST
TransGlobe Energy Corporation completed the 2018 Cardium development program, which included six gross (five net) horizontal Cardium development wells drilled from a common pad to improve efficiencies and reduce costs.
December 17, 2018, 4:25 AM MST
December 11, 2018, 11:35 AM MST
Hydraulic fracturing operations were suspended in an area of northeast B.C. after a seismic event late last month, the province’s regulator said.
December 10, 2018, 2:59 AM MST
With the continued industry trend of deeper, longer laterals with high fracturing intensity, Kicking Horse Energy Inc. called upon STEP Energy Services Ltd. along with NCS Multistage LLC and RM Engineering, to help complete the company’s deepest two-inch annular frac to-date in the Montney formation.
December 10, 2018, 6 AM MST
December 3, 2018, 9:23 AM MST
Trican Well Services Ltd. reported a fall in revenue in the third quarter of 2018, and noted a significant dropoff in fracturing activity due to weather delays and the price differential.
November 8, 2018, 10:12 AM MST
NCS Multistage Holdings Inc. reported improved third quarter results Wednesday, despite what its CEO Robert Nipper called “a challenging operating environment in Canada” and a slowdown in completions activity in the U.S.
November 7, 2018, 8:45 AM MST
Western Canada’s pressure pumpers have seen little growth in 2018 compared to 2017, and that trend is expected to continue into the first half of 2019 as a lack of market access dampens operator enthusiasm to invest in the basin, Calfrac Well Services Ltd. president and chief executive officer Fernando Aguilar told analysts during the company’s 2018 third quarter conference call on Thursday.
October 26, 2018, 9:57 AM MDT
October 26, 2018, 10:05 AM MDT
October 12, 2018, 9:40 AM MDT