With the rig count back above 200 after spring breakup, Peyto Exploration & Development Corp. is hearing from some service companies that they expect to be busy enough to start charging more. But Peyto executives have a word of caution.
August 11, 2017, 7:25 AM MDT
Trican Well Services Ltd. faces two primary challenges in the back half of 2017 regarding its integration with Canyon Services Group Inc. — personnel optimization and minimizing cost inflation.
August 11, 2017, 11:58 AM MDT
CES Energy Solutions Corp. revenue surged in the second quarter, and recently, it closed on buying land in Grande Prairie and intends to build rail, a world-class tank and blending farm and warehousing for its PureChem segment.
August 11, 2017, 10:38 AM MDT
Leucrotta Exploration Inc. recently completed the A8-22 Lower Montney well utilizing a 58 per cent increase in frac intensity.
August 10, 2017, 4:17 AM MDT
NCS Multistage Holdings, Inc. more than tripled second quarter revenues to $36.86 million from $11.28 million as both Canadian and United States-based operations posted improved results.
August 9, 2017, 9:59 AM MDT
Murphy Oil Corporation continued to progress its western Canadian Duvernay and Montney plays in the second quarter, including drilling a company record well in the Kaybob Duvernay that achieved an IP30 rate approaching 1,800 boe per day.
August 4, 2017, 12 AM MDT
Source Energy Services Ltd. substantially increased its sand volumes during Q2 2017 — the quarter in which the company priced its initial public offering.
August 4, 2017, 8:49 AM MDT
August 4, 2017, 9:14 AM MDT
August 2, 2017, 6 AM MDT
Packers Plus Energy Services Inc. reported success with an operator in the Permian Basin using TREX cemented completions solutions, a suite of new, high-quality technologies designed to optimize cemented well completions for customers worldwide.
August 1, 2017, 6:22 AM MDT
Management at Calfrac Well Services Ltd. cited labour as a “key constraint” in Canada, as the contractor considers deploying more pressure-pumping equipment later this year (DOB, July 26, 2017).
July 27, 2017, 12 AM MDT
Responding to a resurgence in industry activity, one of Canada’s remaining pressure-pumping contractors is boosting capital spending to $65 million from $45 million, the company said today.
July 26, 2017, 10:20 AM MDT
Blackbird Energy Inc. this morning updated its 2017 delineation and development program and expansion of the Eastern Pipestone/Elmworth Gathering System.
July 25, 2017, 4:35 AM MDT
Canada Energy Partners Inc. has made its final submission required under the appeal procedures to the Oil & Gas Appeal Tribunal of British Columbia.
July 21, 2017, 6:40 AM MDT
Provided a new B.C. Green Party-backed NDP minority government lasts long enough to tick off all the big priority items on its ambitious agenda, it might eventually get around to fulfilling the promise of striking a special scientific panel to study the impacts of hydraulic fracturing.
July 20, 2017, 9:16 AM MDT
During the recent B.C. election campaign, the B.C. Liberals pledged to “unlock the oil resources contained in the Montney” through a new oil, deep-well royalty credit.
July 20, 2017, 10:32 AM MDT
Since its IPO in April of this year, Source Energy Services Ltd. has been actively working on expanding its operational footprint across its fully integrated value chain.
July 12, 2017, 6:23 AM MDT
Peyto Exploration & Development Corp. has drilled many wells into the Deep Basin since 2009, and in that time the company has not tweaked its well design very much — an approach top brass says allows the company to compare results and know differences between wells are due to the rocks.
July 11, 2017, 6 AM MDT
Devon Energy Corporation has brought online a record-setting Meramec well and commenced production on several high-rate wells in the core of the over-pressured oil window of the STACK play during the second quarter of 2017.
July 11, 2017, 9:19 AM MDT
Based on field estimates for June, Baytex Energy Corp.’s average production during Q2 2017 is estimated at 72,500 boe per day representing a five per cent increase over Q1 2017.
June 27, 2017, 6 AM MDT
Even if the last few quarters have seen increasing capital movement towards popular U.S. basins, the Western Canadian Sedimentary Basin is still profitable for those who know how to produce it, and it will remain so long after more southerly overheated basins eventually cool down, says top brass at Penn West Petroleum Ltd.
June 8, 2017, 11:47 AM MDT
If Canada’s well count cracks 7,000 this year — only slightly above forecasts — it will take all of the industry’s idle pressure-pumping equipment off the fence and into the field, the head of Trican Well Service Ltd. said on Wednesday.
June 1, 2017, 10:30 AM MDT
Tourmaline Oil Corp. says it has identified three new extensive exploration and production opportunities within its existing core complexes at Brazeau River, Hinton-Anderson-Lambert and Peace River.
May 30, 2017, 4:08 AM MDT
Canada Energy Partners Inc. has submitted its primary appeal documents with the B.C. Oil & Gas Appeal Tribunal (OGAT).
May 29, 2017, 7:16 AM MDT
Crescent Point Energy Corp. will only raise its dividend if the long-term oil price outlook is favourable, said Scott Saxberg, president and CEO.
May 25, 2017, 10:38 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.