Precision Drilling Corporation completed four rig upgrades in the fourth quarter, including two for the Canadian market and two in the U.S., with the latter enabling a DJ Basin operator to reduce its environmental footprint and time on location, minimizing community impacts.
February 11, 2021, 7:06 AM MST
Despite the economic uncertainty due to COVID-19, Birchcliff Energy Ltd. says it was able to efficiently execute its capital program and achieve record low operating costs in 2020.
February 11, 2021, 12 AM MST
Precision Drilling Corporation intends to prioritize further market penetration of its Alpha digital technologies in 2021.
February 10, 2021, 9:39 AM MST
Crew Energy Inc.’s 1P and 2P reserves in 2020 remained stable year-over-year, as reserve additions in both categories offset the negative impact of weaker pricing following the onset of the COVID-19 pandemic.
February 8, 2021, 2:55 PM MST
STEP Energy Services Ltd. and Universal Chemical Solutions, Inc. (UCS) have entered into an agreement that will facilitate the delivery of post-production stimulation services to energy producers working in the Eagle Ford, Permian Basin, Niobrara-DJ Basin and Bakken formation.
February 5, 2021, 12 AM MST
The tiny northeastern Alberta town of Elk Point, with a population of 1,452, isn’t usually thought of as a technology development hub, but Colton Hoffman is hoping to make it the centre of technology that mitigates methane emissions from thousands of oil and gas wells — and potentially hundreds of thousands of wells worldwide.
January 22, 2021, 12 AM MST
The COVID-19 pandemic has reluctantly forced us to cancel the 2021 Daily Oil Bulletin Energy Excellence Awards, but that doesn’t mean we don’t want to learn about your successes in project execution, innovation and technology, as well as environmental excellence (click here for all of the 2020 winners).
December 9, 2020, 4:24 AM MST
One of the main horizontal directional drilling (HDD) challenges is underground uncertainty; a common solution is to drill technical boreholes to get a better understanding of the soil. However, according to one Avatar Program team’s presentation, such a method inevitably requires some assumptions and misses the “full picture” in the earth.
October 28, 2020, 8:24 AM MDT
Peyto Exploration & Development Corp. currently has four drilling rigs doing the job of three — operating intermittently in the Greater Sundance and Brazeau core areas. Those rigs could drill 40-per-cent more wells than is planned for 2020, and the company expects them to be at full utilization in 2021 with an expanded capital program.
August 13, 2020, 11:05 AM MDT
Paramount Resources Ltd. has realized significant cost savings in its capital program through its continuing focus on well design, increased efficiencies and lower vendor rates, while not compromising on completion effectiveness.
August 6, 2020, 8:33 AM MDT
Hexion Inc. and Wayfinder Corp. announced a “strategic partnership” that joins Hexion’s leading resin and chemical expertise with Wayfinder’s new state-of-the-art manufacturing facility and logistics network.
August 4, 2020, 9:30 AM MDT
Seven Generations Energy Ltd. is forecasting lower sustaining capital requirements going forward, predominately driven by enduring cost savings that are now part of its business model.
July 29, 2020, 11:10 AM MDT
Ovintiv Inc. recorded a second quarter net loss of $4.4 billion versus a profit of $336 million a year earlier as non-cash charges resulting from dramatically weak prices hammered the company’s bottom line.
July 29, 2020, 10:44 AM MDT
Calfrac Well Services Ltd. recently completed its first coiled tubing annular zipper fracturing operation.
July 29, 2020, 10:17 AM MDT
The three-dimensional, multi-layer ‘cube’ approach to increasing the number of horizontal wells from single pads is a form of development garnering increasing interest and investment in the Montney, several producers told the recent TD Energy Inc. virtual energy conference.
July 22, 2020, 6 AM MDT
Just imagine: There is a metal alloy consisting of magnesium and aluminium, combined and compressed with some other chemicals to form a solid substance, which conveniently dissolves once its downhole completions work is done.
July 22, 2020, 8:55 AM MDT
You’d think Source Energy Services Ltd., Canada’s largest frac sand provider, would have enough of a logistics challenge transporting its northern white sand about 2,100 kilometres by rail from the three mines it owns in Wisconsin.
July 22, 2020, 9:39 AM MDT
Canada’s oil and gas industry has been on a relentless pursuit of operational excellence for the last five years in response to lower oil and gas prices.
July 21, 2020, 6 AM MDT
Spacing wells vertically and horizontally in multi-well cubes certainly has benefits in terms of maximizing access to resources.
July 14, 2020, 12 AM MDT
Cold Bore Technology Inc. today outlined results from a partnership with Permian-based oil and gas producer, Hibernia Resources.
June 23, 2020, 9:35 AM MDT
Parsley Energy Inc. has digitized its entire completion operations with Cold Bore Technology Inc.’s SmartPAD operating system after recording an efficiency increase of 22 per cent through optimized operations in the first quarter.
June 16, 2020, 11:37 AM MDT
Today, we feature Steelhaus Technologies Inc., the champion in Exporting Excellence in the subcategory of Oilfield and Professional Services.
June 5, 2020, 6:26 AM MDT
Today, the Energy Excellence Awards features the Champion in Innovation & Technology Excellence in the subcategory of Drilling through Completions: Tourmaline Oil Corp.
May 21, 2020, 6 AM MDT
Today, the Energy Excellence Awards features the Champion in Innovation & Technology Excellence in the subcategory of Digitial Oilfield: Precision Drilling Corporation.
May 20, 2020, 6 AM MDT
Today, we feature the Energy Excellence Awards champion for Project Execution Excellence in the subcategory of Oil & Gas: Velvet Energy.
May 14, 2020, 6 AM MDT