Drilling

  • Meterage Tally To End Of July Hurt By Slowdown In Alberta Drilling

    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

  • Active Rig Count Increases Again Today

    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

  • Drilling Project Leads: Athabasca, Pipestone, Suncor

    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

  • Active Rate Shows Signs Of Life, Inches To 29%

    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 Reduces 2019 Capex Plan; Company To Implement NCIB

    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

  • Enbridge Seeks Partial Natural Gas Pipe Return After Kentucky Blast

    August 19, 2019, 7:10 AM MDT

  • Saturn Plans To Bring 5 Wells Online In September

    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

  • Active Rate Stuck In Narrow Band; Ends Week At 27%

    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

  • Baker Hughes Rig Count: U.S. Up 1 To 935

    August 16, 2019, 11:09 AM MDT

  • Altura Reduces Capital Spending

    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

  • Active Rate Nudges Up To 27%

    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

  • New Birchcliff Wells In Peace River Arch Show Promise

    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

  • Active Rate Unchanged At 26%

    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

  • Lower Gas Prices Prompt Storm To Reduce 2019 Capital Spending

    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 Continued To Increase Cardium Output In Q2

    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

  • Active Rate Continues To Be Stuck At 26%

    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

  • Questerre Eyeing Lower Montney Test Well At Kakwa North In 2020

    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 To Drill 3 Matziwin Wells, Defers Skiff Wells

    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

  • Licence Count To End Of July Is 17% Lower Than Last Year’s Tally

    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

  • Active Rate Stuck At 26%

    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 Says Q2 Drilling Results Exceeded Expectations

    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 Reports Slight Decrease In Q2 Output

    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

  • Wet Spring Delays Yangarra D&C

    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’s Q2 Canadian Production Down Slightly

    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

  • Active Rate Falls To 26%

    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