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
Like the business people who sold shovels and pick axes to miners during the Klondike gold rush — and who ended up getting richer than the would-be gold miners — Brad Thomson heads a company that sells frac sand to the equivalent of gold miners in Canada’s energy industry.
September 7, 2017, 8:55 AM MDT
NCS Multistage Holdings, Inc. will acquire Spectrum Tracer Services, LLC by way of an $80 million merger agreement, the two companies announced Wednesday.
August 31, 2017, 9:05 AM MDT
Saturn Oil + Gas Inc. has successfully recompleted the wellbore in Flaxcombe and earned its 50 per cent interest in production.
August 31, 2017, 10:14 AM MDT
During the B.C. election campaign, the B.C. Liberals pledged to “unlock the oil resources contained in the Montney” through a new oil, deep-well royalty credit.
August 25, 2017, 7:49 AM MDT
With producers demanding that drilling and frac equipment be pushed hard in an ongoing quest to drive down drill times, lower costs and increase efficiency, and with wellbores being about two-times longer than three years ago, many service providers are struggling to cope with failing and damaged equipment.
August 22, 2017, 12 AM MDT
Canada Energy Partners Inc. received a decision from the Oil & Gas Appeal Tribunal (OGAT) on Aug. 21, 2017 dismissing the company's appeal.
August 22, 2017, 10:46 AM MDT
If only average oil and gas company investors understood what Jim Evaskevich and other executives with Calgary-based junior Yangarra Resources Ltd. were talking about earlier this year when they spoke enthusiastically about the “bioturbated section of the Cardium.”
August 16, 2017, 12 AM MDT
August 16, 2017, 3:16 AM MDT
With the rig count back above 200 after spring breakup, Peyto Exploration & Development Corp. is hearing from some service companies that they expect to be busy enough to start charging more. But Peyto executives have a word of caution.
August 11, 2017, 7:25 AM MDT
Trican Well Services Ltd. faces two primary challenges in the back half of 2017 regarding its integration with Canyon Services Group Inc. — personnel optimization and minimizing cost inflation.
August 11, 2017, 11:58 AM MDT
CES Energy Solutions Corp. revenue surged in the second quarter, and recently, it closed on buying land in Grande Prairie and intends to build rail, a world-class tank and blending farm and warehousing for its PureChem segment.
August 11, 2017, 10:38 AM MDT