Pason Systems Inc. is continuing to scan the drilling, completions and power markets for attractive long-term growth opportunities on the heels of two recent acquisitions.
November 7, 2019, 11:11 AM MST
Encana Corporation continues to deliver strong results across all its operations with increased efficiencies driving down operating costs, company executives said Thursday.
November 1, 2019, 7:49 AM MDT
Cold Bore Technology Inc. reported results from a year-long partnership with a global energy producer in the Montney.
October 29, 2019, 8:58 AM MDT
Downhole technology used to stabilize the ubiquitous slugging conditions created when fluids turn the corner in horizontal wells is being deployed in every major basin in North America.
October 22, 2019, 8:33 AM MDT
Granite Oil Corp. is evaluating the potential of a recompletion program to add production and increase the overall oil recovery of legacy producing wells originally completed with longer frack interval spacing.
October 17, 2019, 9:37 AM MDT
Avoiding inter-well interference between parent wells and newly-drilled and fractured child wells is a vital issue for companies operating in contemporary unconventional resource plays such as the Duvernay, Montney and Permian.
October 15, 2019, 6 AM MDT
With a 25 million horsepower supply and a 15 million horsepower demand, the U.S. is “vastly oversupplied” in terms of the fracking equipment needed to complete work, says Ryan Carbrey. Fortunately, one factor that may bring some reprieve to beleaguered service and supply firms reeling from poor pricing is the limited lifespan of their equipment.
October 10, 2019, 9:19 AM MDT
Pason Systems Inc. is investing C$25 million to acquire a minority interest in Intelligent Wellhead Systems Inc. (IWS).
October 2, 2019, 6:52 PM MDT
Ensign Energy Services Inc.’s Edge AutoPilot could save thousands of dollars per day on a rig, says top brass, and it is something the company is field-testing and intends to deploy within mere months.
September 11, 2019, 10:04 AM MDT
STEP Energy Services Ltd. will continue “exploring alternatives” as industry consolidates and as the company strives to create more scale for its business in the United States.
September 10, 2019, 2:05 PM MDT
A research team led by University of Calgary seismologists has uncovered a novel way to predict earthquakes caused by hydraulic fracturing, possibly facilitating preventative measures or at least providing more time to prepare.
August 30, 2019, 6 AM MDT
Pason Systems Inc. remains open to using mergers and acquisitions — made available through challenging times in the industry — as a means of reinforcing its initiatives in areas not directly tied to North American land drilling.
August 12, 2019, 10:31 AM MDT
Cathedral Energy Services Ltd.’s 2019 activity levels in the U.S. have declined over the comparative period in 2018 as the company restructures its U.S. operations.
August 9, 2019, 9:38 AM MDT
Technology remains a differentiator for STEP Energy Services Ltd., says the chief executive with the company deploying its second STEP-XPRS during the second quarter of this year.
August 8, 2019, 11:28 AM MDT
Ensign Energy Services Inc. has successfully completed tests of its new “hybrid rig technology” — powered by natural gas generators and a battery energy storage system (BESS) — on a U.S. drilling rig.
August 7, 2019, 12 AM MDT
Total drilling and completion costs averaging $10 million per well in the second quarter of 2019 were unchanged from last year even though wells were nine per cent deeper, the Seven Generations Energy Ltd.’s chief operating officer said Wednesday.
August 1, 2019, 12 AM MDT
Painted Pony Energy Ltd. has reduced its 2019 expected capital spending range to $80 to $95 million from $95 to $110 million.
August 1, 2019, 3:50 AM MDT
Encana Corporation’s second quarter Montney production averaged 203,000 boe/d with liquids production averaging 54,000 bbls/d, or 27 per cent of total output from the play.
July 31, 2019, 10:50 AM MDT
Seven Generations Energy Ltd. brought its first full triple-stack pad on production at Nest 3 during the middle of the second quarter of 2019 and company officials say they are encouraged by the results.
July 31, 2019, 11:17 AM MDT
July 19, 2019, 10:06 AM MDT
What will electric fracturing do to the oilfield services sector? That is a question Dale Dusterhoft often hears from investors. His response: Electric frac technology will probably enter the Canadian market somewhat gradually, aligning with the retirement of conventional equipment.
July 11, 2019, 10 AM MDT
Electric fracturing is well-suited to Canada’s energy sector, possibly benefitting customers, communities and frac companies with cost savings and ‘greener’ operations, says a representative of a U.S. firm developing this technology.
July 10, 2019, 6 AM MDT
A major Duvernay operator chose the TenarisHydril Wedge XP® 2.0 connection for a challenging formation in Western Canada, given its improved running and exceptional over-torque performance.
July 10, 2019, 6:48 AM MDT
As more wells are drilled in Alberta’s promising Marten Hills heavy oil play, operators are adding more lateral legs to boost production, Highwood Oil Company Ltd. CEO Greg MacDonald said on Wednesday.
June 20, 2019, 11:22 AM MDT
While Duvernay development has progressed at a slower pace relative to other large North American resource plays, it’s come a long way since the first big land sale rush a decade ago as companies continue to lower costs and perfect drilling and completion techniques.
June 17, 2019, 9:40 AM MDT