Energy Minister Margaret McCuaig-Boyd and the British High Commissioner to Canada Howard Drake have signed a UK-Alberta Low Carbon Innovation and Growth Framework.
March 15, 2016, 11:12 AM MDT
Granite Oil Corp. says that during 2015, $41.2 million was invested in its assets, and the primary aim was to expand the gas injection enhanced oil recovery (EOR) scheme on its 100 per cent-owned Alberta Bakken property.
March 15, 2016, 10:54 AM MDT
Over the past year, Hemisphere Energy Corporation has focused its efforts in the field on lowering operating costs, increasing fluid handling capacity in Jenner, and implementing enhanced oil recovery (EOR) projects in Atlee Buffalo to increase reserves and production without incurring higher expenditures drilling new wells.
February 9, 2016, 9:50 AM MST
December 30, 2015, 6 AM MST
Vancouver-based Hemisphere Energy Corporation says it has received the necessary approvals and begun injection in all three of its planned waterflood pilots in Atlee Buffalo.
November 3, 2015, 8:33 AM MST
High debt levels and lower than expected production from its Little Bow alkaline surfactant polymer (ASP) tertiary recovery project in southern Alberta prompted Zargon Oil & Gas Ltd., to conduct a strategic review in August 2015.
September 18, 2015, 9:41 AM MDT
Zargon Oil & Gas Ltd. has reported recent production gains and a current rate of more than 400 bbls of oil per day at its Little Bow alkaline surfactant polymer (ASP) tertiary recovery project.
September 15, 2015, 9:19 AM MDT
Zargon Oil & Gas Ltd. has renewed and extended its committed syndicated credit facilities and the lenders have confirmed a borrowing base of $110 million, down from $130 million.
June 22, 2015, 9:59 AM MDT
Best case scenarios suggest significant improvements in the total recovery factor in the Bakken with enhanced oil recovery (EOR), with some cases showing even more than 100-per-cent improvements, says James Sorensen, senior research manager at the Energy & Environment Research Center (EERC)at the University of North Dakota.
June 8, 2015, 11:33 AM MDT
Zargon Oil & Gas Ltd. has a lot riding on whether or not Alberta’s new NDP government tinkers with royalties for tertiary recovery projects, and while the company’s president believes his project is safe, he’s not brimming with confidence.
May 28, 2015, 11:23 AM MDT
Marquee Energy Ltd. sees strong potential with a six-well drilling program to start in July, which should come online in late Q4 or early 2016, as the company continues working towards a waterflood program in its core area.
May 28, 2015, 10:13 AM MDT
With oil prices near $100 a bbl, it would take at least seven or eight years to drill the roughly 3,750 well locations identified to date in the Cardium, a conference heard last week.
May 25, 2015, 8:20 AM MDT
Privately-held Tundra Oil and Gas Partnership has filed an application with Manitoba regulators for an enhanced oil recovery (EOR) project for the Lodgepole formation in Manitoba’s Daly Sinclair field.
May 22, 2015, 9:41 AM MDT
Technology that enabled the industry to tap low-permeability reservoirs that were previously too tight to produce economically revolutionized oil and gas production. Now some Canadian companies expect to boost oil recovery factors by waterflooding tight rock.
May 11, 2015, 7:51 AM MDT
Light-oil focused Whitecap Resources Inc.’s chief executive Grant Fagerheim is a great believer in waterfloods as a cost-effective means of increasing production.
May 4, 2015, 8:35 AM MDT
At the Quest Carbon Capture and Storage (CCS) project, the U.S. Department of Energy and Shell Canada Energy will collaborate in field tests to validate advanced monitoring, verification and accounting (MVA) technologies for underground storage of carbon dioxide (CO2), the department announced on Wednesday.
February 4, 2015, 12:05 PM MST
Canadian Natural Resources Limited’s Brintnell polymer flood is more successful than Cenovus Energy Inc.’s nearby Pelican Lake project, even though both are in similar reservoirs and began injecting in 2006.
January 2, 2015, 9:56 AM MST
Most of Canada’s polymer and alkaline surfactant polymer (ASP) floods generate an internal rate of return (IRR) of 15 per cent at an oil price of US$80 a bbl, Peters & Co. Limited found.
January 2, 2015, 10:21 AM MST
To-date, over 50 operators large and small have relied on Canadian Discovery Ltd. (CDL)’s ground-breaking Montney studies to inform and optimize their Montney programs. Two exciting new studies are now underway.
October 2, 2014, 8:15 AM MDT
What the project’s owner is calling the world’s first post-combustion, coal-fired carbon capture and storage (CCS) project will be commissioned tomorrow near Estevan, Sask.
October 1, 2014, 10:32 AM MDT
Terra Energy Corp. says it’s making progress with a new business plan that was adopted this summer.
September 25, 2014, 8:09 AM MDT
September 24, 2014, 8:08 AM MDT
Zargon Oil & Gas Ltd. has sold its Jarrow natural gas property and says it continues to be encouraged by early injection data for its Little Bow alkaline surfactant polymer (ASP) enhanced-oil recovery project (EOR).
September 4, 2014, 11:25 AM MDT
Buying out most of the owners of a Nisku light oil property will kill two birds with one stone for Whitecap Resources Inc., which needs to clear the way for a regulatory application in order to boost production at the property, in which Whitecap will take a controlling interest, if the deal closes as planned.
August 22, 2014, 7:32 AM MDT
The Alberta government has introduced revisions to its enhanced oil recovery royalty program that set a maximum royalty rate of five per cent for up to 120 months (10 years) for approved EOR schemes.
July 28, 2014, 11:18 AM 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.