Essential Energy Services Ltd. is not finished making cuts to its workforce as it keeps a close eye on the forecast for the rest of 2019.
March 8, 2019, 7:17 AM MST
Obsidian Energy Ltd. implemented a manufacturing drilling model in the Cardium in the second half of 2018 that the company’s president and CEO says “delivered significant cost efficiencies” and demonstrable year-end reserve growth.
March 8, 2019, 7:59 AM MST
As it marks its 20th year of operation, Peyto Exploration & Development Corp. is in a sense returning to its roots in the Cardium resource play as it positions the company for future growth as new export opportunities come into play.
March 8, 2019, 11:51 AM MST
While Kelt Exploration Ltd. has not changed its previously reported guidance, the company will re-evaluate its spending plans for the remainder of 2019 after the first quarter is complete.
March 6, 2019, 8:43 AM MST
Seven Generations Energy Ltd. reported average 2018 sales volumes of 202,600 boe/d, with liquids representing 60 per cent of total sales, and up 16 per cent from 175,000 boe/d in 2017.
February 28, 2019, 11:09 AM MST
Precision Drilling Corporation is reporting early wins in advanced technology on its rigs as part of its technology strategy.
February 19, 2019, 8:47 AM MST
Birchcliff Energy Ltd. says its 2019 capital program is focused on its high-value light oil assets in Gordondale and its condensate-rich assets in Pouce Coupe.
February 14, 2019, 12 AM MST
In light of the Alberta production curtailment, Obsidian Energy Ltd. is deferring a four-well pad with two Cardium wells and two Deep Basin wells to the second half of 2019.
February 11, 2019, 5:57 AM MST
STEP Energy Services Ltd. says its new COMMAND CENTER-IQ, C25, set off in early January on its maiden voyage for a client in northwest Alberta.
February 6, 2019, 7:42 AM MST
Peyto Exploration & Development Corp.’s preliminary 2019 capital budget announced Nov. 7, 2018, ranging from $250-$300 million, has been reduced to $150 to $200 million.
January 17, 2019, 8:23 AM MST
Athabasca Minerals Inc. (“AMI” or the “Corporation”) (TSX Venture: ABM) announces initial test results for the Montney In-Basin frac sand project (“MIB Project”).
January 14, 2019, 7:45 AM MST
Crew Energy Inc. continues to focus its capital expenditures on what the company calls “ultra condensate-rich” (UCR) wells that have produced strong results.
January 9, 2019, 9:33 AM MST
With the continued industry trend of deeper, longer laterals with high fracturing intensity, Kicking Horse Energy Inc. called upon STEP Energy Services Ltd. along with NCS Multistage LLC and RM Engineering, to help complete the company’s deepest two-inch annular frac to-date in the Montney formation.
December 10, 2018, 6 AM MST
In the evolution of Obsidian Energy Ltd., the future is all about “not big but quick” as the company focuses on its fast cash cycle Cardium light oil assets at Willesden Green, its chief executive said Thursday.
November 16, 2018, 6:23 AM MST
Amid Trump tax cuts and reduced regulations in the U.S., and robust activity in premium basins like the prolific Permian, Canada’s battered energy sector is looking for some relief. As U.S. output soars to all time record levels, driven by technology partly developed north of the border, Canada risks losing its edge, panelists told the Calgary Energy Roundtable.
October 15, 2018, 6 AM MDT
STEP Energy Services Ltd. announces the completion of another record-breaking coiled tubing project on a 15k well while performing milling operations for an operator in the Duvernay.
September 4, 2018, 7:21 AM MDT
Murphy Oil Corporation has raised its 2018 capital expenditure budget by six per cent to US$1.18 billion, with US$50 million of the increased spend being allocated to its Kaybob Duvernay program.
August 9, 2018, 11:14 AM MDT
Delphi Energy Corp. continues to boost its condensate production, aided recently by the use of a new EOR surfactant that is specifically designed to enhance oil/condensate production.
August 9, 2018, 11:43 AM MDT
Service companies, including those based in Canada and operating in the Permian Basin, are keeping an eye on pipeline bottlenecks in the play, and how that might impact activity in the back half of the year.
August 8, 2018, 7:42 AM MDT
NCS Multistage Holdings, Inc. CEO Robert Nipper says the company has been successfully expanding its business with customers in the Cardium and Deep Basin.
August 8, 2018, 8:18 AM MDT
NCS Multistage Holdings, Inc. has entered into a five-year frame agreement with Aker BP for well-stimulation services on the Norwegian Continental Shelf.
August 8, 2018, 2:48 AM MDT
Led by strong increases in condensate and liquids volumes, Seven Generations Energy Ltd.’s second quarter production averaged 187,100 boe/d, a 13 per cent increase compared to 165,200 boe/d during the same period in the prior year.
August 2, 2018, 10:52 AM MDT
The long dry spell for western Canadian natural gas producers, who are sitting on some of the highest quality reserves in North America, may be coming to a close, some of the lowest cost junior producers say.
July 13, 2018, 10:16 AM MDT
May 31, 2018, 6 AM MDT
May 31, 2018, 6 AM MDT