Although well results in the emerging East Duvernay “remain highly variable,” top quartile wells drilled in 2018 are “encouraging” with an average initial production (IP30) oil rate of 580 bbls/d, says Peters & Co. Limited in an update on the play released June 13.
June 17, 2019, 9:28 AM MDT
Pulse Oil Corp. says that an enhanced oil recovery study of the Bigoray Nisku D & E pinnacle reefs has resulted in a significantly higher forecast for potential recoveries.
June 11, 2019, 8:54 AM MDT
IHS Markit is forecasting 40 per cent production growth in light oil production in the next three to five years that will come not from the usual suspects — like the Montney, Duvernay and Spirit River — but from surprisingly profitable plays flying under the radar.
June 5, 2019, 6 AM MDT
Despite holding all the most important ingredients for a bourgeoning shale gas and tight oil sector — including the resources, the technology and the talent — Canada is missing the bus on the unconventional revolution sweeping across the U.S., a PwC Canada forum heard Wednesday.
May 23, 2019, 2:20 PM MDT
The Daily Oil Bulletin’s first annual Energy Excellence Awards were held in Calgary on Thursday, May 2. Awards were handed out in 12 categories under the banners of Operational and Project Excellence, Innovation and Research Excellence, and Exporting Excellence. Today’s instalment profiles the champion in the category Exporting Excellence: Oilfield Services & Manufacturing.
May 22, 2019, 6 AM MDT
The Daily Oil Bulletin’s first annual Energy Excellence Awards were held in Calgary on Thursday, May 2. Awards were handed out in 12 categories under the banners of Operational and Project Excellence, Innovation and Research Excellence, and Exporting Excellence. Today’s instalment profiles the champion in the category Exporting Excellence: Professional Services.
May 21, 2019, 6 AM MDT
The Daily Oil Bulletin’s first annual Energy Excellence Awards were held in Calgary on Thursday, May 2. Awards were handed out in 12 categories under the banners of Operational and Project Excellence, Innovation and Research Excellence, and Exporting Excellence. Today’s instalment profiles the champion in the category Innovation & Research Excellence: Drilling through Completions.
May 14, 2019, 8:25 AM MDT
Canada’s energy industry champions in operational and project excellence, innovation and research excellence, and exporting excellence were announced on Thursday at the first annual Daily Oil Bulletin Energy Excellence Awards at the Devonian Gardens in Calgary.
May 3, 2019, 8:44 AM MDT
A strong quarter for Pason Systems Inc.’s primary product, its Electronic Drilling Recorder, and related drilling intelligence bundles combined with increased international activity offset a 32 per cent decline in Canadian drilling activity, leading to an 11 per cent increase in revenue in the first quarter.
May 3, 2019, 12 AM MDT
The integration of the Newfield Exploration Co. acquisition is Encana Corporation’s top priority this year, company shareholders heard Tuesday.
May 1, 2019, 7:30 AM MDT
One of the most prolific plays in Western Canada, with almost six decades of oil and gas output under its belt, with production peaking in the 1970s, the Cardium formation has been reawakened with the technologies that have made the shale and tight gas and oil revolution in the U.S.
April 30, 2019, 6 AM MDT
April 30, 2019, 12 AM MDT
The Energy Excellence Awards program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry. Today, the best in advanced technology exportiing excellence.
April 29, 2019, 8:34 AM MDT
The Permian basin continues to be a lucrative play for Precision Drilling Corporation.
April 26, 2019, 11:46 AM MDT
The shale gas and tight oil revolution was a technological one, built on advances in horizontal drilling and multistage fracturing that unleashed production from source rock once thought to be inaccessible. But despite its earth-shattering impact, both literally and figuratively, it remains a relatively young revolution, with much still to learn and to be gained by producers as the technology improves.
April 24, 2019, 7:39 AM MDT
Halliburton Company announced it will build the first oilfield chemical manufacturing plant in Saudi Arabia.
April 22, 2019, 9:33 AM MDT
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