The approach Kiwetinohk Energy Corp. is taking to its 2022 drilling program will look to cut capital costs per lateral metre.
March 28, 2022, 12 AM MDT
The war between Russia and Ukraine has Calfrac Well Services Ltd. evaluating options for its Russian division, company president and chief operating officer Lindsay Link told analysts at Calfrac’s 2021 fourth quarter and year-end conference call.
March 17, 2022, 12 AM MDT
There was a significant amount of white space on the dispatch board for Trican Well Service Ltd., in its 2021 fourth quarter. But based on the shift in pricing seen as the year came to a close, this was something company president and chief executive officer Bradley Fedora was “totally comfortable with.”
February 25, 2022, 12 AM MST
Ovintiv Inc. recorded drilling and completion cost decreases at its Montney land position in 2021.
February 25, 2022, 2:29 PM MST
Birchcliff Energy Ltd.’s 2021 capital program was focused on the drilling of high-value, low-cost condensate-rich natural gas and light oil wells in Pouce Coupe and Gordondale.
February 9, 2022, 2:47 PM MST
Questerre Energy Corporation has commissioned a report on a new completion technique to replace conventional fracking with a new well stimulation technique.
February 1, 2022, 12 AM MST
Two Lithic Glauconite horizontal wells and one Ellerslie horizontal well were brought online by Prairie Provident Resources Inc. in the second half of 2021.
December 15, 2021, 12 AM MST
Leucrotta Exploration Inc.’s four-well Montney Phase 1 Mica test pad is fully on production and has produced an average rate of approximately 1,700 bbls of light oil per day and 10 mmcf/d of liquids-rich gas per day for a total pad production rate of 3,300 boe/d over the last 10 days.
December 9, 2021, 12 AM MST
ARC Resources Ltd. invested $268 million during the third quarter of 2021 to drill 41 wells and complete 31 wells.
November 5, 2021, 12 AM MDT
Yangarra Resources Ltd. drilled seven wells and completed seven wells during the third quarter and has continued to execute on the full-year capital program with well costs averaging at or below previous guidance.
November 4, 2021, 12 AM MDT
TransGlobe Energy Corporation successfully drilled, completed, and equipped one two-mile and two one-mile horizontal wells in the northern area of its Cardium reservoir extension at South Harmattan, first identified by the 2-20 well in 2019.
November 3, 2021, 12 AM MDT
Strong third quarter activity rates and revenues at Calfrac Well Services Ltd. are signs of a rapidly improving wells services market headed into 2022, the company said in its third quarter 2021 report to shareholders.
November 2, 2021, 8:45 AM MDT
Trican Well Service Ltd. remains keenly focused on retaining existing staff and attracting new talent as labour availability continues to be a top focus for all oilfield service providers, says management.
October 27, 2021, 8:25 AM MDT
Trican Well Service Ltd. has enjoyed a strong start to the fourth quarter, with a busy October, and the company anticipates steady activity right up to the holidays, says Bradley Fedora, president and chief executive officer.
October 27, 2021, 12:45 PM MDT
Supply-chain restraints continue to be “an area of concern,” impacting Canada’s energy sector broadly, and oilfield services specifically, says top brass at Trican Well Service Ltd.
October 27, 2021, 3:56 PM MDT
October 19, 2021, 6 AM MDT
Vital Energy Inc. has drilled and completed three horizontal wells in Q3 2021 in Lampman in southwest Saskatchewan, on a multi-well pad (01-04-006-05W2).
October 6, 2021, 6 AM MDT
Canada’s drilled-but-uncompleted inventories have declined to their lowest levels since 2016, particularly on the oil side, says Thomas Liles, vice-president of upstream research, Rystad Energy AS.
October 5, 2021, 8:27 AM MDT
TransGlobe Energy Corporation successfully drilled, completed, and equipped one two-mile and two one-mile horizontal wells in the northern area of its Cardium reservoir extension at South Harmattan, first identified by the 2-20 well in 2019.
September 29, 2021, 12 AM MDT
In Q2 2021, Leucrotta Exploration Inc. successfully completed and tested its first Basal Montney well at Mica.
August 26, 2021, 8:15 AM MDT
STEP Energy Services Ltd. achieved stronger-than-expected utilization in Canadian operations for Q2 2021, despite typical seasonal industry slowdowns, as higher drilling activity levels from the first quarter combined with limited available staffed equipment resulted in a carryover of completions activity.
August 13, 2021, 6 AM MDT
Pipestone Energy Corp. reported record average quarterly production of 23,336 boe/d (31 per cent condensate, 46 per cent total liquids), an eight per cent quarterly increase over Q1 2021 and a 39 per cent increase over Q2 2020.
August 11, 2021, 7:30 AM MDT
InPlay Oil Corp.’s strong results in the first half of 2021 and continuing in the second half of 2021 from the Pembina drills have allowed the company to increase its 2021 annual average production guidance to between 5,500 and 5,750 boe/d (68 per cent light oil and NGLs).
August 11, 2021, 12:56 PM MDT
Birchcliff Energy Ltd. expects to reduce debt as its free funds flow climbs—the company says it remains committed to “capital discipline.”
August 11, 2021, 2:30 PM MDT
TransGlobe Energy Corporation’s previously drilled and equipped two-mile horizontal well at South Harmattan has achieved a calculated IP30 estimate of 286 boe/d.
August 10, 2021, 8:43 AM MDT
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