Royal Dutch Shell plc is speeding up development of its shale plays in the Duvernay formation in Canada and the Permian Basin in Texas, investors heard on Tuesday.
November 29, 2017, 6 AM MST
Eagle Energy Inc. announced initial production test results from its first North Texas horizontal well, which is producing 527 boe/d (402 bbls/d of oil) and is exceeding Eagle's forecast presently built into its 2017 full year average production guidance.
November 28, 2017, 10:05 AM MST
Next year, Seven Generations Energy Ltd. will run what it calls a “tech pad” in which the company applies microseismic, microdeformation, fibre optics and pressure gauges to three lateral wells.
November 21, 2017, 4:46 AM MST
Devon Energy Corporation brought online a high-rate Lower Meramec oil well offsetting its Coyote development in the over-pressured oil window of the STACK play.
November 16, 2017, 11:14 AM MST
NCS Multistage Holdings, Inc. reported strong revenues and earnings in the third quarter of 2017, but expects a lull in Canadian activity in the final quarter of the year as operators exhaust their 2017 budgets.
November 14, 2017, 10:56 AM MST
Altura Energy Inc.’s third quarter volumes averaged 1,088 boe/d, almost double production of 574 boe/d during the same period last year.
November 10, 2017, 10:24 AM MST
Encana Corporation reported higher cash flow despite lower production and earnings in the third quarter.
November 8, 2017, 11:34 AM MST
Delphi Energy Corp.’s technology and cost-cutting story starts around 2012-13, when the company began accumulating land and drilling its first Montney wells near Fox Creek in an area called Bigstone.
November 7, 2017, 6 AM MST
There is no single, universal completion system that works everywhere and for everyone, and a wide range of reservoir quality, pressure and fluid compositions in unconventional resources means companies must continuously evolve and improve their completion strategies to meet the needs of each circumstance.
November 6, 2017, 6 AM MST
Murphy Oil Corporation continues to ramp-up activity at its Tupper Montney play in northeastern British Columbia and production from the play is set to increase once recently completed wells come online.
November 3, 2017, 6 AM MDT
What a difference a year makes.
November 2, 2017, 10:02 AM MDT
For the period of Oct. 1 to Oct. 21, Blackbird Energy Inc. produced estimated average sales volumes of approximately 1,808 boe per day (52 per cent liquids), a new corporate production record and a 108 per cent increase from third quarter average production of 868 boe per day (49 per cent liquids).
November 1, 2017, 6:53 AM MDT
The pressure pumping business in North America faces two to three years of good times, according to the chief executive officer of Calfrac Well Services Ltd., which released strong third quarter results on Thursday.
October 27, 2017, 6 AM MDT
Continuing with a trend established earlier this year, in its first and second quarters, Calfrac Well Services Ltd. announced a boost in capital spending Thursday, as it released its third quarter results, with signs that the pressure pumping business has recovered from a two to three year downturn.
October 26, 2017, 7:59 AM MDT
Completion operations on Delphi Energy Corp.’s ninth, 10th and 11th wells of the 2017 program have concluded, with two of the wells now on production and the third well expected to be on production in late November.
October 26, 2017, 6 AM MDT
Essential Energy Services Ltd. this morning provided a timing update with regard to the litigation process between Essential and Packers Plus Energy Services Inc., previously disclosed in Q2 2017.
October 26, 2017, 10:09 AM MDT
Yangarra Resources Ltd. and NCS Multistage Holdings, Inc. have completed a 135-stage well in the Cardium formation in 116 operating hours.
October 24, 2017, 6 AM MDT
Leucrotta Exploration Inc. recently tied in and started producing the 8-4 Lower Montney oil well.
October 24, 2017, 4:21 AM MDT
Much like what occurred during the first quarter and post spring breakup, demand for frac services should remain strong as higher intensity and larger job sizes continue to absorb available equipment and crews within the Western Canadian Sedimentary Basin.
October 16, 2017, 8:54 AM MDT
TransGlobe Energy Corporation drilled and completed three horizontal Cardium oil wells in Harmattan during the third quarter.
October 16, 2017, 3:30 AM MDT
For local residents questioning the amount of industry-related traffic moving through their area, they should realize the tremendous amount of material required — the equivalent of 700 dump trucks of sand per well — for central Kaybob Duvernay completions, says Brian Hamm, executive vice-president at McDaniel & Associates.
October 11, 2017, 6 AM MDT
October 4, 2017, 6 AM MDT
During the second quarter of 2017, Chinook Energy Inc. successfully completed a four well (3.63 net) (the a-81-F, b-90-G, 02/d-5-K, and b-14-K wells) drilling program at Birley/Umbach with average drilling costs of approximately $1.55 million per well ($1.38 million, net).
September 21, 2017, 6 AM MDT
Encana Corporation is actually thinking inside the box with its innovative multi-well technique called ‘the cube,’ which maximizes efficiency, reduces cycle time and delivers lower drilling costs.
September 20, 2017, 6 AM MDT
Provincial bans on hydraulic fracturing in Canada’s Maritimes may yet come back to haunt the governments that passed them, recent interviews with industry insiders suggest.
September 11, 2017, 8:45 AM MDT