Cardinal Energy Ltd. is hiking its capital budget to $46 million from $27 million.
May 14, 2021, 6:12 AM MDT
Cathedral Energy Services Ltd. has lifted its 2021 capital plan to roughly $4 million.
May 14, 2021, 6:33 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 14, 2021, as reported this morning by Rig Locator.
May 14, 2021, 11:29 AM MDT
The U.S. rig count is up five rigs from last week to 453, with oil rigs up eight to 352, gas rigs down three to 100, and miscellaneous rigs unchanged at one, according to Baker Hughes.
May 14, 2021, 11:07 AM MDT
May 14, 2021, 7:40 AM MDT
Peyto Exploration & Development Corp.’s technical team has recently conducted an internal evaluation of the company’s successful 2020 drilling program which yielded above average returns and record capital efficiency and a portion of that success was the result of longer horizontal laterals and improved stimulation intensity.
May 13, 2021, 11:14 AM MDT
Surge Energy Inc. has closed its bought deal public offering of flow-through common shares.
May 13, 2021, 1:50 PM MDT
Birchcliff Energy Ltd. is revising its 2021 guidance as a result of its strong new well performance and improved outlook for commodity prices.
May 13, 2021, 6:49 AM MDT
As a result of success achieved to date, Headwater Exploration Inc. plans to increase its capital expenditure budget for 2021 to $105–$110 million, up from the earlier guidance of $90–$95 million.
May 13, 2021, 8:50 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 13, 2021, as reported this morning by Rig Locator.
May 13, 2021, 11:40 AM MDT
With the material improvement in commodity prices over the last six months, Storm Resources Ltd. is currently evaluating an increase to capital investment in the second half of 2021 for its liquids-rich natural gas operations in northeast B.C.’s Montney.
May 13, 2021, 10:44 AM MDT
Crescent Point Energy Corp. says it is moving quickly to integrate the company’s newly acquired Duvernay assets into its operations.
May 12, 2021, 11:10 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 12, 2021, as reported this morning by Rig Locator.
May 12, 2021, 11:33 AM MDT
NuVista Energy Ltd. commissioned the Pipestone North infrastructure project on March 15, 2021, ahead of schedule.
May 12, 2021, 6:43 AM MDT
Pipestone Energy Corp. kicked off its 2021 capital program with seven wells drilled and rig released and six wells completed during the first quarter of 2021.
May 12, 2021, 7:24 AM MDT
In total, 111 (3.9 net) wells were drilled on Freehold Royalties Ltd.'s royalty lands in Q1-2021, a 37 per cent decline on a gross measure versus the same period in 2020 but flat when compared to Q4-2020.
May 12, 2021, 7 AM MDT
Bonterra Energy Corp. invested $23.5 million in capital expenditures during Q1 2021.
May 12, 2021, 12 AM MDT
Prairie Provident Resources Inc. is encouraged by early production and test data from the first two wells of its 2021 capital program.
May 12, 2021, 1:47 PM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 11, 2021, as reported this morning by Rig Locator.
May 11, 2021, 11:36 AM MDT
Spartan Delta Corp.’s capital expenditures for the remainder of 2021 will be focused on drill-ready development utilizing existing infrastructure across the company's core properties targeting the Montney, Spirit River, and Cardium formations.
May 11, 2021, 7:57 AM MDT
Ensign Energy Services Inc. has been raising its rates coming out of spring breakup by $1,000 per day, says Bob Geddes, president and chief operating officer, and the oilfield services company is talking with clients about possibly increasing rates by $2,000 per day going into the fall.
May 10, 2021, 2:16 PM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 10, 2021, as reported this morning by Rig Locator.
May 10, 2021, 11:28 AM MDT
During the first quarter of 2021, Topaz Energy Corp. continued to execute its growth strategy, investing $144 million to acquire 765,000 gross acres of high margin gross overriding royalty interests in the Deep Basin and Clearwater areas of Alberta.
May 7, 2021, 5:43 AM MDT
Crew Energy Inc. continues to reduce its surface footprint by developing its resource through the drilling of longer extended reach horizontal (ERH) wells, the company noted in its Q1 report.
May 7, 2021, 6:10 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 7, 2021, as reported this morning by Rig Locator.
May 7, 2021, 11:27 AM MDT