The active rate in Western Canada held steady in July.
August 3, 2021, 6:28 AM MDT
Contractor operating days climbed in Q2 compared to last year.
August 3, 2021, 6:55 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 3, 2021, as reported this morning by Rig Locator.
August 3, 2021, 11:32 AM MDT
Saturn Oil & Gas Inc. started a three well development drilling program in west-central Saskatchewan.
August 3, 2021, 7:22 AM MDT
CNOOC Limited’s Liuhua 21-2 oilfield has started production ahead of schedule.
August 3, 2021, 7:31 AM MDT
Tourmaline Oil Corp. was the top operator across the basin during the first half of 2021 based on metres drilled, including experimental/test wells.
July 30, 2021, 9:52 AM MDT
Flush with free cash flow, Topaz Energy Corp. is on the hunt to build out its ever-expanding royalty and infrastructure business.
July 30, 2021, 10:44 AM MDT
ARC Resources Ltd. expects production in the second half of 2021 to average 335,000–350,000 boe/d (the company says it will be “approximately” 340,000 boe/d), with a revised forecast for full-year average production of 287,000–302,000 boe/d.
July 30, 2021, 9:16 AM MDT
At Glacier, the continued outperformance of new wells and available capacity in the Advantage Energy Ltd.-owned and operated Glacier Gas Plant provide flexibility to increase production while natural gas prices remain elevated.
July 30, 2021, 12 AM MDT
With solid results from base production and the 2021 development program to date, Obsidian Energy Ltd. is lifting its capital spending plan.
July 30, 2021, 12 AM MDT
Obsidian Energy Ltd. reported improved financial results in Q2.
July 30, 2021, 12 AM MDT
Gear Energy Ltd. reported higher funds flow in the second quarter, while its net loss narrowed and production rose.
July 30, 2021, 12 AM MDT
Surge Energy Inc. touted its cash flow "torque" to rising crude oil prices in 2022.
July 30, 2021, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 30, 2021, as reported this morning by Rig Locator.
July 30, 2021, 11:32 AM MDT
The U.S. rig count is down three from last week to 488 with oil rigs down two to 385, gas rigs down one to 103, and miscellaneous rigs unchanged at zero.
July 30, 2021, 11:10 AM MDT
The Petroleum Services Association of Canada (PSAC) has hiked its forecast for the number of wells drilled (rig released) across Canada for 2021 to 4,250 wells.
July 29, 2021, 6:05 AM MDT
Whitecap Resources Inc. has increased its 2022 preliminary production outlook to 122,000 boe/d, incorporating the acquisition of a private company with operations in southeastern Saskatchewan, but the preliminary capital spending outlook remains between $560 million and $580 million for the year.
July 29, 2021, 8:34 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 29, 2021, as reported this morning by Rig Locator.
July 29, 2021, 11:34 AM MDT
Tamarack Valley Energy Ltd. posted strong second quarter results driven by the successful integration of Anegada Oil Corp. along with the continued execution of the company’s Clearwater and waterflood operations.
July 28, 2021, 10:33 AM MDT
Tourmaline Oil Corp.’s second quarter 2021 average production was 410,339 boe/d (414,387 boe/d prior to storage injections in California and Dawn), a 37 per cent increase over Q2 2020 (299,369 boe/d).
July 28, 2021, 3:38 PM MDT
Tourmaline Oil Corp. drilled 113.75 net wells in 1H 2021 and expects to drill approximately 250 net wells for full-year 2021, completing approximately 220 (net) of those wells by year end.
July 28, 2021, 4 PM MDT
Ovintiv Inc. is increasing its full-year crude and condensate guidance to between 190,000 and 195,000 bbls/d (up from the previous guidance of around 190,000 bbls/d) due to strong production outperformance across its assets, although the $1.5 billion 2021 capital guidance remains unchanged.
July 28, 2021, 9:43 AM MDT
Yangarra Resources Ltd. has increased its capital budget to $85 million from $60 million, which will keep one drilling rig fully utilized for the balance of the year.
July 28, 2021, 2:58 PM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 28, 2021, as reported this morning by Rig Locator.
July 28, 2021, 11:32 AM MDT
As a result of its strong operating performance through the first half of 2021, Baytex Energy Corp. is increasing its production guidance to 79,000 to 80,000 boe/d, up from 77,000 to 79,000 boe/d, previously.
July 28, 2021, 4:20 PM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.