After being mired for much of the year under 30 per cent, the active rate has surged over the past week and this week averaged over 30 per cent, according to Rig Locator.
December 6, 2019, 8:41 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 6, 2019, as reported this morning by Rig Locator.
December 6, 2019, 11:21 AM MST
The U.S. rig count is down three rigs from last week to 799, with oil rigs down five to 663, gas rigs up two to 133, and miscellaneous rigs unchanged at three, according to Baker Hughes.
December 6, 2019, 11:06 AM MST
Several companies announced upcoming drilling projects this week, including Anegada Oil Corp., Cardinal Energy Ltd., Gain Energy Ltd., Grizzly Oil Sands Ulc and Triple Five Intercontinental Group Ltd. To review this week’s drilling leads, click here to go to the list of weekly project reports.
December 6, 2019, 11:47 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 5, 2019, as reported this morning by Rig Locator.
December 5, 2019, 11:36 AM MST
Baytex Energy Corp. announced a 2020 capital budget of $500 to $575 million, which is designed to generate average annual production of 93,000 to 97,000 boe/d.
December 5, 2019, 12 AM MST
Canadian Natural Resources Limited plans to spend $4.05 billion for 2020, up from a forecast of $3.8 billion in 2019.
December 4, 2019, 12 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 4, 2019, as reported this morning by Rig Locator.
December 4, 2019, 11:39 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 3, 2019, as reported this morning by Rig Locator.
December 3, 2019, 11:36 AM MST
Canada is “second to no one” in terms of its industry’s operational, safety or environmental standards, says Total Energy Services Inc. top brass, and politicians and business leaders should see rigs first-hand.
December 2, 2019, 9:01 AM MST
Husky Energy Inc. says it plans capital spending of $3.2 billion to $3.4 billion for 2020, a reduction of $100 million from earlier guidance as it allocates less capital for Western Canada natural gas and conventional heavy oil.
December 2, 2019, 11:44 AM MST
December 2, 2019, 11:51 AM MST
The active rate in Western Canada ended the week at 29 per cent, a slight surge from the mid-20s from earlier in the week.
November 29, 2019, 11:28 AM MST
Several companies announced upcoming drilling projects this week, including Athabasca Oil Corporation, Canadian Natural Resources Limited, Imperial Oil Resources Limited, Suncor Energy Inc. and TAQA North Ltd. To review this week’s drilling leads, click here to go to the list of weekly project reports.
November 29, 2019, 11:40 AM MST
Highwood Oil Company Ltd. says it drilled three (1.5 net) wells in the Clearwater play at Nipisi in the third quarter of 2019 with another three (1.5 net) rig released subsequent to Sept. 30, 2019.
November 28, 2019, 10:21 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 27, 2019, as reported this morning by Rig Locator.
November 27, 2019, 11:39 AM MST
The U.S. rig count is down one rig from last week to 802, with oil rigs down three to 668, gas rigs up two to 131, and miscellaneous rigs unchanged at three, according to Baker Hughes.
November 27, 2019, 11:16 AM MST
Leucrotta Exploration Inc. says it has been able to materially derisk a large light oil resource in the Lower Montney over a minimum of 140 net sections of land.
November 27, 2019, 9:38 AM MST
Operators across Canada rig released 4,166 wells in the first 10 months of 2019, excluding experimental wells, a 29 per cent decrease from 5,863 wells drilled in the comparable period last year.
November 26, 2019, 10:22 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 26, 2019, as reported this morning by Rig Locator.
November 26, 2019, 11:38 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 22, 2019, as reported this morning by Rig Locator.
November 22, 2019, 11:22 AM MST
The U.S. rig count is down three rigs from last week to 803, with oil rigs down three to 671, gas rigs unchanged at 129, and miscellaneous rigs unchanged at three, according to Baker Hughes.
November 22, 2019, 11:12 AM MST
Several companies announced upcoming drilling projects this week, including Highwood Oil Company Ltd., Japan Canada Oil Sands Limited, NAL Resources Limited, Ridgeback Resources Inc. and Todd Energy Canada Limited. To review this week’s drilling leads, click here to go to the list of weekly project reports.
November 22, 2019, 9:36 AM MST
November 22, 2019, 7:33 AM MST
November 21, 2019, 6:11 AM MST