An article recently posted on the National Energy Board (NEB) website that suggests newer wells drilled into Saskatchewan’s Shaunavon formation are producing less over their lifetime despite improved technology and drilling and completion techniques doesn’t paint an accurate picture, say the top operator in the play and provincial oil and gas officials.
August 7, 2018, 7:48 AM MDT
August 7, 2018, 8:32 AM MDT
STEP Energy Services Ltd. reported good second quarter financial results Thursday morning, supported by the acquisition this past winter of a company that helped it enter the U.S. fracturing market.
August 2, 2018, 10:30 AM MDT
Saturn Oil & Gas Inc. has commenced completions operations on the previously announced (Viking and Success horizontal drill program.
August 2, 2018, 11:03 AM MDT
Despite the normal slowdown in oilfield activity caused by seasonal spring breakup, Source Energy Services Ltd., Canada’s largest frac sand provider, recorded strong second quarter results Wednesday, thanks to an increase in proppant intensity and completions activities by its customers.
August 1, 2018, 9:32 AM MDT
July 17, 2018, 3:43 AM MDT
May 22, 2018, 3:02 AM MDT
Iron Bridge Resources Inc. reported initial production rates from its recent Gold Creek completions program in addition to providing the company’s estimated Gold Creek productive capacity from its existing wells (both producing and shut-in).
May 17, 2018, 7:32 AM MDT
STEP Energy Services Ltd. generated consolidated Q1 revenue of $187.6 million compared to $118 million during the same period of 2017.
May 8, 2018, 7:49 AM MDT
Murphy Oil Corporation increased first quarter Kaybob Duvernay production 92 per cent year-over-year while its Tupper Montney play in northeast British Columbia continues to exceed expectations.
May 3, 2018, 10:53 AM MDT
Source Energy Services Ltd., Canada’s largest frac sand supplier, recorded record financial results for the first quarter of 2018, despite rail service disruptions that brought some sand shipments to a virtual halt.
May 3, 2018, 10:04 AM MDT
With a strong first quarter of 2018 behind it, Calfrac Well Services Ltd. is expecting the remainder of 2018 to remain positive for its pressure pumping business, driven largely by U.S. growth, its chief executive officer Fernando Aguilar said in a conference call Tuesday.
May 2, 2018, 9:14 AM MDT
Calfrac Well Services Ltd. reported a strong first quarter of 2018, with revenues of $582.8 million, an increase of 117 per cent from the same period in 2017.
May 1, 2018, 9:19 AM MDT
Crescent Point Energy Corp. was the top operator during the first three months of 2018, excluding experimental/test wells — drilling the most metres across the basin and also rig releasing the most wells.
April 24, 2018, 8:17 AM MDT
Canadian National Railway Company largely attributes higher frac-sand volumes for higher Q1 2018 revenue for freighting products in the metals and minerals segment.
April 24, 2018, 10:22 AM MDT
Athabasca Minerals Inc. entered into a letter of intent (LOI) with a property owner in the town of Mayerthorpe, Alta. for the Firebag Frac Sand Project Storage and Distribution Hub.
April 18, 2018, 8:15 AM MDT
The University of Calgary is calling on energy-sector professionals to participate in an ongoing induced seismicity survey that will help guide research regarding manmade earthquakes.
April 12, 2018, 6 AM MDT
April 9, 2018, 3:23 AM MDT
Saturn Oil & Gas Inc. has released production data on two of the three recently completed Viking horizontals in the Flaxcombe area.
April 6, 2018, 10:25 AM MDT
With the winter drilling season fast winding down, many in the service sector believe that activity in the second half of the year should be relatively stable but improved leverage for increased pricing is likely not in the cards.
April 4, 2018, 7:32 AM MDT
April 3, 2018, 7:26 AM MDT
March 28, 2018, 11:06 AM MDT
March 20, 2018, 7:53 AM MDT
STEP Energy Services Ltd. reported fourth quarter net income of $17.55 million, or 28 cents per diluted share, versus a loss of $2.62 million, or five cents per share, in the comparable 2016 period.
March 20, 2018, 11:12 AM MDT
Prairie Provident Resources Inc. is cautiously optimistic based on the early results of its first quarter capital program, and will continue to monitor both the performance of its new wells and commodity prices.
March 20, 2018, 7:09 AM MDT