Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 19, 2021, as reported this morning by Rig Locator.
February 19, 2021, 11:25 AM MST
The U.S. rig count is unchanged from last week at 397 with oil rigs down one to 305, gas rigs up one to 91, and miscellaneous rigs unchanged at one rig, according to Baker Hughes.
February 19, 2021, 11:08 AM MST
Crescent Point Energy Corp.’s $900-million acquisition of Royal Dutch Shell plc’s Kaybob Duvernay assets in Alberta announced Wednesday provides “an incredible opportunity to enter a premier basin” through a transaction that is immediately accretive, says the company’s top executive.
February 18, 2021, 10:48 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 18, 2021, as reported this morning by Rig Locator.
February 18, 2021, 11:33 AM MST
While 2020 was a year in which many oil-weighted juniors focused on survival, 2021 is shaping up to be a “year of opportunity,” where Gear Energy Ltd. says it should again have the option of balancing excess free funds flow towards multiple strategic directions, including continued debt reduction, accelerated capital investment and associated growth or other returns to shareholders.
February 18, 2021, 2:33 PM MST
Obsidian Energy Ltd.’s 1P and 2P reserves climbed year-over-year, despite a challenging year.
February 18, 2021, 12 AM MST
Renewables would be irrelevant without a critical baseload of natural gas, says Dale Shwed, president and chief executive officer of Crew Energy Inc.
February 17, 2021, 2:41 PM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 17, 2021, as reported this morning by Rig Locator.
February 17, 2021, 11:33 AM MST
February 17, 2021, 6 AM MST
February 16, 2021, 6:25 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 16, 2021, as reported this morning by Rig Locator.
February 16, 2021, 11:33 AM MST
Bonterra Energy Corp. laid out a fully-funded 2021 capital budget of $65–$75 million.
February 16, 2021, 3:52 PM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 12, 2021, as reported this morning by Rig Locator.
February 12, 2021, 11:29 AM MST
The U.S. rig count is up five from last week to 397 with oil rigs up seven to 306, gas rigs down two to 90, and miscellaneous rigs unchanged at one rig, according to Baker Hughes.
February 12, 2021, 11:12 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 11, 2021, as reported this morning by Rig Locator.
February 11, 2021, 11:32 AM MST
Despite the economic uncertainty due to COVID-19, Birchcliff Energy Ltd. says it was able to efficiently execute its capital program and achieve record low operating costs in 2020.
February 11, 2021, 12 AM MST
The Alberta Energy Regulator (AER)will hold a public hearing of application 30762148 filed by Winslow Resources Inc. to drill wells near the Brazeau hydroelectric facility.
February 11, 2021, 2:09 PM MST
Pine Cliff Energy Ltd.’s board of directors has approved a 2021 capital budget of $13 million that is expected to be fully funded from adjusted funds flow.
February 11, 2021, 6:22 AM MST
Royal Helium Ltd. says that Climax-2 has been successfully drilled to a total depth of 2,611 metres and that it has selected the target completion intervals for both the Climax-1 and Climax-2 helium exploration wells.
February 11, 2021, 8:16 AM MST
February 11, 2021, 7:33 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 10, 2021, as reported this morning by Rig Locator.
February 10, 2021, 11:33 AM MST
Precision Drilling Corporation intends to prioritize further market penetration of its Alpha digital technologies in 2021.
February 10, 2021, 9:39 AM MST
Canada’s well-servicing sector is reaching the limits of what it can do to recruit workers, and this situation holds true as well for Precision Drilling Corporation, says Kevin Neveu, president and chief executive officer.
February 10, 2021, 3:21 PM MST
Hemisphere Energy Corporation’s capital spending for 2020 was minimal at $1.5 million, with the remainder of funds flow allocated to debt repayment.
February 10, 2021, 8:57 AM MST
The recovery of International Petroleum Corporation’s (IPC) Canadian oil production continued during the fourth quarter resulting in full-year net production averaging in excess of 42,000 boe/d.
February 9, 2021, 10:36 AM MST
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.