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
Yangarra Resources Ltd. drilled six wells and completed five wells during the quarter.
July 27, 2023, 5:07 AM MDT
Whitecap Resources Inc. expects to ramp up activity in its Montney and Duvernay resource play assets over the next five years as it raises overall production to 200,000 boe/d, company president and chief executive officer Grant Fagerheim told analysts at its 2023 second quarter conference call.
July 27, 2023, 10:41 AM MDT
Frack sand prices have risen steadily in recent quarters and are likely to remain strong for proppant-intensive plays such as the Montney, Duvernay and even the Deep Basin, says Rystad Energy AS senior analyst Mark Quesada.
July 25, 2023, 6:56 AM MDT
Coelacanth Energy Inc. says it will proceed with drilling and completion operations at both its Two Rivers East and Two Rivers West projects and has signed a midstream agreement to provide future gas processing.
June 26, 2023, 12 AM MDT
Less than two years since its inception after spinning-out from Perpetual Energy Inc., Clearwater-focused Rubellite Energy Inc. continues to quickly advance its asset base and increase output in the heavy oil play.
May 25, 2023, 6 AM MDT
As a pioneer and continued leader in the hot Clearwater heavy oil play, privately-held Spur Petroleum Ltd. continues to push the boundaries and has ambitious growth plans, says president and CEO Ian Currie.
May 23, 2023, 6:31 AM MDT
The symbiotic Clearwater heavy oil coupling of PrairieSky Royalty Ltd. and privately-held Spur Petroleum Ltd. continues to pay dividends, the top executives of both companies said during PrairieSky’s investor day in Toronto Wednesday.
May 18, 2023, 6 AM MDT
Trican Well Service Ltd. posted significantly improved results in the first quarter 2023 compared to Q1 2022, thanks to strong industry conditions and more moderate inflation rates that improved all major financial categories for the company.
May 16, 2023, 6 AM MDT
Crescent Point Energy Corp. plans to make hay with its acquisition of oil and liquids-rich Montney assets in Alberta from Spartan Delta Corp., which closed on May 10.
May 15, 2023, 8:19 AM MDT
Crescent Point Energy Corp. says its growing utilization of multilateral drilling on some of its Saskatchewan-based assets is paying dividends and extending the life of plays like the Viewfield Bakken, analysts on a Q1 results conference call heard Friday.
May 15, 2023, 6 AM MDT
Murphy Oil Corporation has seen positive results refracturing two older wells in the Karnes area of the Eagle Ford shale play and could launch a standalone refracturing program to extend production and increase ultimate recoveries, said Eric Hambly, executive VP of operations, during the company’s 2023 first quarter conference call.
May 15, 2023, 9:09 AM MDT
STEP Energy Services Ltd. expects North American pressure pumping activity to slightly increase in the remainder of 2023 and then pick up the pace in 2024 as operators invest in new production in anticipation of LNG exports, company president and chief executive officer Steve Glanville told analysts at the company’s first quarter conference call.
May 12, 2023, 12 AM MDT
Nearly a decade after entering the Permian Basin, Ovintiv Inc. continues to find ways to improve well productivity and oil recovery, executive VP and chief operating officer Greg Givens told analysts at the company’s first quarter conference call.
May 12, 2023, 10:23 AM MDT
Higher well completions activity in Western Canada, combined with improved coiled tubing activity across it core areas, resulted in STEP Energy Services Ltd. reporting record revenues in the first quarter of 2023.
May 11, 2023, 10:21 AM MDT
Calfrac Well Services Ltd. overcame adverse weather conditions in the U.S. in the first quarter of 2023 to deliver significant year-over-year financial improvements in the North American market.
May 10, 2023, 12 AM MDT
In Q1 2023, Pipestone Energy Corp. reported record average quarterly production totaling 35,162 boe/d (29 per cent condensate, 41 per cent total liquids).
May 10, 2023, 6:20 AM MDT
Tourmaline Oil Corp. reported record production in the first quarter of 2023, with its ongoing market diversification and hedging program driving financial results.
May 4, 2023, 8:48 AM MDT
It’s not an overstatement to say that Crescent Point Energy Corp. had a very good month in March for bold announcements and satisfactory reviews of its five-year growth and strategy planning.
April 12, 2023, 6 AM MDT
ConocoPhillips has successfully completed its appraisal stage in the Montney and is moving to development.
April 12, 2023, 7:32 AM MDT
STEP Energy Services Ltd.’s Canadian operations had a robust first quarter 2023 in both fracturing and coiled tubing, leading to its best quarterly revenue performance, the company said in an update.
April 11, 2023, 12 AM MDT
Staffing is an ongoing issue in the Canadian pressure pumping segment, where companies need workers with commercial driver’s licences and are therefore competing with other industries where those drivers could find work, says Waqar Syed, managing director, energy technology and services, head of research, ATB Capital Markets.
March 24, 2023, 6 AM MDT
The “big prize” for Canadian pressure pumping activity is the Montney, says Steve Glanville, president and chief executive officer, STEP Energy Services Ltd., and with the agreement between the B.C. government and Blueberry River First Nations (BRFN) hopefully resolved, and permits being issued, the jobs could become more plentiful soon.
March 23, 2023, 12 AM MDT
Trican Well Service Ltd. is forecasting increasing activity in 2023 versus 2022, albeit single-digit increases on a percentage basis, says Brad Fedora, president and chief executive officer.
March 22, 2023, 12 AM MDT
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