ClearStream Energy Services Inc.’s revenues in Q3 were $108.6 million, representing an increase of $7.9 million or 7.8 per cent from Q3 2020 and an increase of $12.0 million or 12.5 per cent from Q2 2021.
November 5, 2021, 6:02 AM MDT
Higher oil and gas prices have put drilling crews back to work across North America but don’t expect a rapid increase in activity in the next few years, Pason Systems Inc. president and chief executive officer Jon Faber told analysts at the company’s third quarter conference call Thursday morning.
November 4, 2021, 1:04 PM MDT
Canadian Natural Resources Limited delivered strong financial and operational results during the third quarter, says top brass, thanks to effective and efficient operations combined with disciplined capital allocation.
November 4, 2021, 7:26 AM MDT
Tourmaline Oil Corp. generated record cash flow and free cash flow during the third quarter and expects to achieve its forecast exit production target earlier than anticipated.
November 4, 2021, 10:23 AM MDT
During the third quarter, the working interest operators on Topaz Energy Corp.’s royalty acreage continued their active drilling operations.
November 4, 2021, 3:13 PM MDT
Yangarra Resources Ltd. drilled seven wells and completed seven wells during the third quarter and has continued to execute on the full-year capital program with well costs averaging at or below previous guidance.
November 4, 2021, 12 AM MDT
Surge Energy Inc. continues to reduce the impact of its operations on the environment and reported that it has abandoned over 190 wells in the first nine months of 2021.
November 4, 2021, 12 AM MDT
Paramount Resources Ltd. says its 2022 capital budget is expected to range between $500 million and $540 million, excluding land acquisitions and abandonment and reclamation activities, an increase of $165 million at midpoint from preliminary guidance.
November 4, 2021, 6 AM MDT
The post pandemic pick-up in drilling across North America resulted in a major turnaround in the fortunes of integrated drilling data solutions provider Pason Systems Inc. in the third quarter of 2021.
November 4, 2021, 9:14 AM MDT
PHX Energy Services Corp. has again increased its 2021 capital expenditure program, this time to $43 million from $35 million.
November 4, 2021, 12 AM MDT
STEP Energy Services Ltd. generated revenue of $133.2 million in the third quarter of 2021 (Q3 2020 - $62.4 million, Q2 2021 - $107 million), which is STEP’s strongest quarter since the start of the COVID-19 pandemic in early 2020.
November 4, 2021, 4:53 AM MDT
Essential Energy Services Ltd.’s revenue for Q3 was $33.5 million, $14.3 million higher than the same prior year quarter due to higher activity as a result of improved industry activity.
November 4, 2021, 5:07 AM MDT
Driven by record quarterly daily oilsands production at Christina Lake and Foster Creek, Cenovus Energy Inc. achieved total third quarter output of 804,800 boe/d, an increase of 71 per cent from 471,799 boe/d during the comparable period last year.
November 3, 2021, 10:58 AM MDT
Ovintiv Inc. views its 2021 development program as being highly repeatable in 2022 for the same amount of capital investment.
November 3, 2021, 11:24 AM MDT
Gear Energy Ltd.’s funds from operations for the third quarter of 2021 was $16.0 million, an increase of 31 per cent from the second quarter of 2021 as a result of higher commodity prices and increased production.
November 3, 2021, 2:59 PM MDT
In Alberta, physical markets and regional benchmark prices (WCS) have improved with higher WTI prices. Athabasca Oil Corporation expects current WCS differentials to remain stable with muted industry growth and improving basin egress, including the recently completed Enbridge Inc. Line 3 replacement.
November 3, 2021, 3:34 PM MDT
Obsidian Energy Ltd. has entered into a purchase and sale agreement to acquire the remaining 45 per cent partnership interest in the Peace River Oil Partnership (PROP) asset from its joint venture partner through a wholly-owned subsidiary.
November 2, 2021, 4:12 PM MDT
International Petroleum Corporation says third quarter net production from its Canadian assets was above the high end of guidance at 39,600 boe/d with continued strong performance and high production uptime at all the oil and gas producing assets.
November 2, 2021, 10:10 AM MDT
ConocoPhillips on Tuesday reported positive Canadian earnings, reversing the loss from the previous year, while its production in the country also climbed during the three-month period.
November 2, 2021, 7:10 AM MDT
Strong third quarter activity rates and revenues at Calfrac Well Services Ltd. are signs of a rapidly improving wells services market headed into 2022, the company said in its third quarter 2021 report to shareholders.
November 2, 2021, 8:45 AM MDT
November 2, 2021, 9:01 AM MDT
November 2, 2021, 12 AM MDT
NCS Multistage Holdings, Inc.’s total revenues in Q3 were $32.4 million, a 99 per cent year-over-year increase and a 51 per cent increase compared to the second quarter of 2021.
November 1, 2021, 2:31 PM MDT
November 1, 2021, 12 AM MDT
Imperial Oil Limited’s strong third quarter operational performance enabled the company to “maximize value” from the current commodity price environment, says Brad Corson, president and chief executive officer.
October 29, 2021, 11:15 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.