Drilling resumed for Petrus Resources Ltd. during the third quarter of 2023 up to the middle of October.
November 10, 2023, 12 AM MST
Calfrac Well Services Ltd. has seen “significant progress” in its long-term financial and operational goals during the past year.
November 9, 2023, 7:45 AM MST
Crew Energy Inc. has increased its capital spending outlook for 2023.
November 9, 2023, 12 AM MST
Crew Energy Inc. received a permit from the British Columbia Energy Regulator (BCER) approving the construction of its planned 180 mmcf per day Groundbirch gas plant as well as 60 well authorization permits, bringing its total to 85 well authorizations in the Groundbirch area.
November 9, 2023, 12 AM MST
Bonterra Energy Corp.’s first Montney test well was successfully drilled in the third quarter of 2023 to a total measured depth of approximately 5,500 metres, including the horizontal leg of 3,200 metres, and was drilled under budget.
November 9, 2023, 12 AM MST
Kelt Exploration Ltd. outlined an initial capital expenditure budget of $350.0 million for 2024.
November 9, 2023, 6:13 AM MST
With an expanded second half 2023 capital program, Obsidian Energy Ltd.'s drilling preparation and execution began in July and continued through the third quarter, accelerating in October with four rigs in operation across its Peace River, Willesden Green, Pembina and Viking areas.
November 9, 2023, 7:12 AM MST
NuVista Energy Ltd. has outlined its 2024 spending plan and adjusted its capital spending for 2023.
November 8, 2023, 6:23 AM MST
NuVista Energy Ltd. reported a quarterly production record of just over 80,000 boe/d with peak-day rates of approximately 85,000 boe/d.
November 8, 2023, 6:39 AM MST
STEP Energy Services Ltd.’s Canadian fracturing service line generated $127.4 million in revenue on 308,000 tonnes of proppant pumped, the best third quarter in the company’s history.
November 2, 2023, 12 AM MDT
Whitecap Resources Inc. expects to spend over $100 million annually the next three years building infrastructure as it grows Montney and Duvernay production from 70,000 to 110,000 boe/d by the end of 2027, president and chief executive officer Grant Fagerheim said at the company’s third quarter 2023 conference call.
October 27, 2023, 12 AM MDT
In the 18 years since ARC Resources Ltd. drilled the first horizontal, multistage fractured well in the Montney formation over 12,000 tight oil and gas wells have penetrated the massive resource play straddling the Alberta and British Columbia border.
October 16, 2023, 6 AM MDT
ROK Resources Inc. completed phase one of its Southeast Saskatchewan drilling program, consisting of five gross (4.9 net) operated wells.
September 20, 2023, 12 AM MDT
Murphy Oil Corporation and Chevron Canada were early entrants into the Kaybob Duvernay, with both companies far up the learning curve in the play.
September 18, 2023, 12 AM MDT
Both Baytex Energy Corp. and Whitecap Resources Inc. are early in Duvernay development but are seeing promising results with appraisal wells drilled on their acreage.
September 15, 2023, 12 AM MDT
Paramount Resources Ltd. has a long history in the Kaybob area.
September 14, 2023, 6 AM MDT
Prospera Energy Inc. has completed the drilling of four horizontal wells of the 10 well multi-pad infill drill program.
September 12, 2023, 6:36 AM MDT
After 18 months of rapid oilfield service cost inflation, costs have begun retreating in unconventional basins across the U.S., operators reported in the second quarter 2023 conference calls.
August 17, 2023, 5:09 AM MDT
Calfrac Well Services Ltd. delivered its best ever second-quarter adjusted EBITDA, with the company’s operating teams in North America and Argentina cited for driving its success despite the challenging Canadian wildfire season, customer delays, and seasonal breakup in Western Canada and North Dakota.
August 11, 2023, 12 AM MDT
Crew Energy Inc. has benefited from improved capital efficiencies and is maintaining its annual capital investment guidance of $190 to $210 million.
August 10, 2023, 12 AM MDT
NuVista Energy Ltd. produced an average of 71,029 boe/d in the quarter, in line with guidance of 71,000 boe/d following the impact of the wildfires in the Grande Prairie region of Alberta.
August 9, 2023, 6:12 AM MDT
Pipestone Energy Corp.’s capital expenditures in 2023 were front-loaded in 2023 as a result of delineation spending, as well as to provide surety on full year production guidance.
August 9, 2023, 6:28 AM MDT
Trican Well Service Ltd.’s second quarter unfolded as expected by the C-suite, with revenues at $168.2 million, a 10.2 per cent increase compared with the same period a year ago.
August 3, 2023, 8:51 AM MDT
Production for Kiwetinohk Energy Corp. rallied to 20,432 boe/d last quarter from 16,810 boe/d during the same period in 2022.
August 3, 2023, 12 AM MDT
Canadian activity levels are expected to hold steady through the second half of the year, according to STEP Energy Services Ltd.
August 3, 2023, 9:15 AM MDT
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