Producers across Canada drilled 8.15 million metres in the January-to-July period, excluding experimental hole, a decrease of 26 per cent from 10.99 million metres in the first seven months of 2018.
August 20, 2019, 9:21 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 20, 2019, as reported this morning by Rig Locator.
August 20, 2019, 11:37 AM MDT
Several companies announced upcoming drilling projects last week including Athabasca Oil Corporation, Canadian Natural Resources Limited, Cenovus Energy Inc., Pipestone Energy Corp. and Suncor Energy Inc.
August 19, 2019, 7:19 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 19, 2019, as reported this morning by Rig Locator.
August 19, 2019, 11:43 AM MDT
Precision Drilling Corporation is reducing its 2019 capital spending plan to $144 million, down $25 million from the previous guidance, following completion of its Kuwait new-build project, the company announced this morning.
August 19, 2019, 7:37 AM MDT
August 19, 2019, 7:10 AM MDT
Saturn Oil and Gas Inc.’s second-half 2019 drilling program focuses on increasing production and reserves from the Viking light oil play in west-central Saskatchewan.
August 19, 2019, 9:42 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 16, 2019, as reported this morning by Rig Locator.
August 16, 2019, 11:24 AM MDT
August 16, 2019, 11:09 AM MDT
Altura Energy Inc. has scaled back its 2019 capital budget to $13.5 million from $15 million in order to maintain a strong balance sheet.
August 16, 2019, 9:30 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 15, 2019, as reported this morning by Rig Locator.
August 15, 2019, 11:41 AM MDT
Birchcliff Energy Inc. is encouraged by initial production rates in Pouce Coupe and Gordondale in the Peace River Arch.
August 15, 2019, 9:06 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 14, 2019, as reported this morning by Rig Locator.
August 14, 2019, 11:38 AM MDT
Storm Resources Ltd. has reduced its 2019 capital investment to $110 million from $128 million in response to lower natural gas prices and reduced forecast funds flow due to the multiple outages experienced at Enbridge Inc.’s McMahon gas plant.
August 14, 2019, 9:47 AM MDT
Obsidian Energy Ltd. maintained strong operational and financial results in the second quarter as it continued to focus on its high-quality, light oil Cardium asset.
August 14, 2019, 9:01 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 13, 2019, as reported this morning by Rig Locator.
August 13, 2019, 11:35 AM MDT
With encouraging results from a third interval in the Lower Montney offsetting its Kakwa North lands, Questerre Energy Corporation’s chief executive says the company is evaluating a test well in the interval next year.
August 13, 2019, 8:30 AM MDT
Journey Energy Inc. is reducing its capital program to $22 to 23 million from $30 million in light of the continued volatility in commodity prices.
August 13, 2019, 12 AM MDT
Operators across Canada licensed 542 new wells in July, down 38 per cent from 873 licences approved a year ago.
August 12, 2019, 9:29 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 12, 2019, as reported this morning by Rig Locator.
August 12, 2019, 11:44 AM MDT
Surge Energy Inc.’s second quarter production and adjusted funds flow came in higher than analyst estimates and the company's bank debt, net debt, operating expenses, transportation expenses and general and administrative costs all came in lower than budgeted expectations.
August 12, 2019, 12 AM MDT
Cequence Energy Ltd.’s second quarter production decreased slightly and averaged 6,142 boe/d compared to production of 6,334 boe/d for the same prior year period but was up from 5,964 boe/d in the first quarter of 2019.
August 12, 2019, 10:55 AM MDT
Yangarra Resources Ltd. says it expects to drill five to six wells and complete four to five wells during the third quarter of 2019.
August 12, 2019, 9:42 AM MDT
TransGlobe Energy Corporation second quarter Canadian oil production averaged 788 bbls/d during the quarter, a decrease of 106 bbls/d (12 per cent) from the previous quarter, primarily due to natural declines.
August 12, 2019, 10:59 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 9, 2019, as reported this morning by Rig Locator.
August 9, 2019, 11:31 AM MDT