During the quarter, TransGlobe Energy Corporation drilled and cased three Cardium development oil wells (one-mile horizontal wells) in the Harmattan area and one Cardium outpost (appraisal) well (a two-mile horizontal well) in the South Harmattan area, which completed the 2019 drilling program.
October 10, 2019, 7:27 AM MDT
Obsidian Energy Ltd.’s 13-well Willesden Green Cardium development program planned for the second half of the year is progressing as planned, with six wells rig released.
September 30, 2019, 6:43 AM MDT
With an active drilling rate that hovered around the 25 per cent mark for the majority of the first half 2019, it came as no surprise that drilling programs were measured and deferred.
August 26, 2019, 10 AM MDT
Despite limited insight into producer intentions and an oversupply of fracturing spreads in North America, Calfrac Well Services Ltd. president and COO Lindsay Link expects the remainder of 2019 to be busier than the first half of the year.
August 2, 2019, 6 AM MDT
July 26, 2019, 7:22 AM MDT
Pipestone Energy Corp. announced a midstream transaction with Tidewater Midstream and Infrastructure Ltd.
July 23, 2019, 2:47 PM MDT
In the U.S., energy producers have adopted a self-funding E&P model that ensures spending stays within cash flow, which has an impact on the operations of oilfield services companies, says TD Securities Inc.’s Aaron MacNeal.
July 15, 2019, 6:21 AM MDT
July 15, 2019, 7:45 AM MDT
Higher than planned liquids production and strong market diversification gains helped drive Advantage Oil & Gas Ltd.’s unofficial 2019 second quarter results.
July 9, 2019, 8:20 AM MDT
Corridor Resources Inc. says that the New Brunswick government has undertaken an initial step in removing the hydraulic fracturing moratorium.
June 6, 2019, 12 AM MDT
Drilling results from Pulse Oil Corp.’s first two light oil wells at Queenstown in southern Alberta have exceeded expectations, encouraging it to initiate plans for an additional multi-well drilling program, says the company.
May 22, 2019, 10:26 AM MDT
Tough oilfield service market to continue throughout 2019, says Trican Well Service Ltd.’s president and CEO Dale Dusterhoft.
May 10, 2019, 9:52 AM MDT
Less activity, increased price competition result in small first quarter loss for Trican Well Service Ltd.
May 9, 2019, 9:25 AM MDT
Source Energy Sources Ltd. will soon be shipping crude-by-rail from its Wembley terminal in northwest Alberta.
May 3, 2019, 10:02 AM MDT
Calfrac Well Services Ltd. is leaving enough wiggle room in its $149-million capital budget in order to add more fleets to its Canadian operations should activity pick up by the end of the year.
May 2, 2019, 12 AM MDT
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