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
The announcement by British Columbia’s NDP government Thursday that it is creating a three-person scientific review panel to study hydraulic fracturing is unlikely to lead to a moratorium on the practice, say energy industry leaders.
March 16, 2018, 3:29 AM MDT
Source Energy Services Ltd. is looking to deploy some of its Sahara units into the Permian Basin in order to satisfy customer demand for mobile storage of wellsite proppants.
March 16, 2018, 6 AM MDT
Spring weather and road conditions generally impact proppant sales in Western Canada into the second quarter, but this year customer demand remains strong at Source Energy Services Ltd.
March 15, 2018, 10:42 AM MDT
This morning, the B.C. government followed through on an earlier commitment to review hydraulic fracturing in the province.
March 15, 2018, 11:15 AM MDT
Bellatrix Exploration Ltd. says a series of incremental improvements and operational measures have delivered a “step change” reduction for Spirit River well costs and performance.
March 14, 2018, 10:50 AM MDT
Renaissance Oil Corp. and partner LUKOIL have has finished drilling six wells of the approved 10 Chicontepec well appraisal program for the Amatitlán block.
March 14, 2018, 6 AM MDT
Hemisphere Energy Corporation has completed its winter development drilling program in Atlee Buffalo, southeast Alberta.
March 14, 2018, 7:42 AM MDT
Blackbird Energy Inc. says it has successfully tested its Upper Montney delineation well north of the Wapiti River with pressures and natural gas rates that exceeded management expectations.
March 13, 2018, 9:31 AM MDT
Traverse Energy Ltd. is encouraged by a recent Duvernay well drilled in the East Shale Basin, but the company noted that continued production is needed to fully evaluate it.
March 12, 2018, 6 AM MDT
Yangarra Resources Ltd. recorded increased production along with improved earnings, revenue and cash flow for the three and nine months ended Dec. 31, 2017.
March 9, 2018, 9:46 AM MST
Calgary-based Source Energy Services Ltd., which dominates the frac sand business in Western Canada, announced Wednesday it has signed a contract with a “multinational exploration and production company.”
March 8, 2018, 6 AM MST