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
Paramount Resources Ltd. has lowered its capital spending plan for 2020 to $165 million from the previous range of $185 million to $250 million.
May 13, 2020, 10:38 AM MDT
Ensign Energy Services Inc. anticipates 10 of its Canadian well-servicing rigs and their crews will work this summer and into the fall thanks to the federal government’s orphan well abandonment program.
May 12, 2020, 6 AM MDT
Ensign Energy Services Inc. has further reduced its 2020 capital budget to $50 million, which is down 50 per cent from the original $100 million budget. Management had initially reduced the budget for this year to $60 million in March due to the current oilfield services industry outlook.
May 11, 2020, 7:06 AM MDT
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry. Today, we feature the best in Exporting Excellence in the subcategory of Oilfield and Professional Services.
May 6, 2020, 6 AM MDT
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry. Today, we feature the best in Innovation and Technology Excellence in the subcategory of Digital Oilfield.
April 30, 2020, 6 AM MDT
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry. Today, we feature the best in Innovation and Technology Excellence in the subcategory of Drilling through Completions.
April 29, 2020, 6 AM MDT
On the heels of deals to bulk up its Montney asset base, Tourmaline Oil Corp. announced on Tuesday that is was deferring some planned Q1 spending due to lower commodity prices.
March 3, 2020, 4:01 PM MST
Among the risks facing Montney producers is the behemoth would-be LNG customer in China increasing its own domestic natural gas supply — something easier said than done, according to Aaron Engen vice-chair of BMO Capital Markets.
February 26, 2020, 8:16 AM MST
Oklahoma’s Anadarko Basin has been a challenging play, one that has sent some small explorers into bankruptcy and caused investment to flee. But by applying its extensive knowledge and experience to the basin’s Stack and Scoop fields, Ovintiv Inc. says it has now unlocked the acreage it acquired in the $5.5 billion acquisition of Newfield Exploration Co. in 2018.
January 30, 2020, 11:27 AM MST
Cold Bore Technology Inc. has finalized new deals with two leading energy producers based in the Permian Basin and completed installation of its SmartPAD completions operating system.
January 29, 2020, 8:20 AM MST
Birchcliff Energy Ltd. says its 2020 total finding and development (F&D) capital expenditures are expected to be in the range of $340-$360 million, up from $283 million last year.
January 23, 2020, 7:41 AM MST
Calgary-based Cold Bore Technology Inc. says that one of the largest oil producers in North Dakota’s Bakken formation has integrated the company’s proprietary SmartPAD technology.
January 22, 2020, 8:20 AM MST
Pipestone Energy Corp.’s 2020 budget has been set at $145-$155 million and the company says it aims to deliver significant year-over-year production growth while maintaining a strong balance sheet.
January 16, 2020, 9:16 AM MST
With the start of Pipestone South, NuVista Energy Ltd. has reported record production in the fourth quarter of 2019, up 16 per cent from the fourth quarter of 2018.
January 15, 2020, 8:37 AM MST
STEP Energy Services reports that earlier this quarter it performed its first STEP-IQ e-coil job in the U.S., for a Delaware Basin operator, reaching a depth of 19,030 feet (5,800 metres).
December 9, 2019, 9:03 AM MST
Halliburton Company will suspend its Cementing Product Service Line (PSL) in Western Canada at the end of this year, says a company spokesperson.
December 4, 2019, 11:24 AM MST
Precision Drilling Corporation has commercialized its automation services, rolling out its ‘Alpha’ technology brand, which includes the AlphaAutomation (previously referred to as Process Automation Control), AlphaApps and AlphaAnalytics core services.
November 19, 2019, 8:49 AM MST
Pipestone Energy Corp. is forecast to complete the previously disclosed scope of its 2019 capital program well under its capital guidance range of $145 to $155 million.
November 14, 2019, 9:08 AM MST
In the third quarter of 2019, Seven Generations Energy Ltd. brought its first Nest 3 development pad of the year onstream and condensate production was above expectations, its chief development officer said.
November 11, 2019, 7:44 AM MST
Cathedral Energy Services Ltd. commercialized technologies such as its FUSION dual-telemetry, measurement-while-drilling tool in the third quarter, while at the same time experiencing activity level declines in the U.S. market.
November 11, 2019, 9:46 AM MST
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