Devon Energy Corporation’s second quarter net oil production in Canada decreased compared to the first quarter but was relatively flat from the same period last year as a scheduled plant turnaround at Jackfish 3 curtailed production by about 15,000 bbls per day.
August 2, 2017, 6:12 AM MDT
August 2, 2017, 3:05 AM MDT
July 31, 2017, 3:10 AM MDT
Canadian crude oil exports by rail fell to 149,903 bbls per day, down from 155,655 the previous month, but up from 108,591 bbls per day during the same period of 2016.
July 13, 2017, 6 AM MDT
July 13, 2017, 9:47 AM MDT
Pengrowth Energy Corporation may not be ready to sanction the 17,500 bbl-per-day expansion of its Lindbergh SAGD project in the Cold Lake oilsands region, but it’s not the search for a joint venture deal that is holding the company back.
July 6, 2017, 11:26 AM MDT
As Husky Energy Inc. has become a major thermal oil producer, the company continues to advance technologies to improve the economics and environmental performance.
May 31, 2017, 10:59 AM MDT
Baytex Energy Corp. is now forecasting full-year 2017 exploration and development capital expenditures of $325 to $350 million (previously $300 to $350 million).
May 5, 2017, 6 AM MDT
April 24, 2017, 4:23 AM MDT
April 11, 2017, 11:22 AM MDT
After a drilling hiatus, Baytex Energy Corp. is back to work in Canada with an active first quarter drilling program.
March 7, 2017, 11:30 AM MST
March 1, 2017, 5:01 AM MST
In 2011, Imperial Oil Limited’s Cold Lake thermal bitumen project set a production record for the year of an average 160,000 bbls, beating the previous annual record of 154,000 bbls a day set in 2007 (DOB, Jan. 31, 2012).
February 3, 2017, 9:23 AM MST
Canadian heavy oil prices closed above US$40 per bbl on Thursday.
January 27, 2017, 10:30 AM MST
Baytex Energy Corp. closed its previously announced acquisition of heavy oil assets located in the Peace River area of northern Alberta from Murphy Oil Corporation.
January 23, 2017, 6 AM MST
January 20, 2017, 6 AM MST
Penn West Petroleum Ltd. has applied to the Alberta Energy Regulator (AER) to terminate the thermal pilot Approval No. 11895C located in Harmon Valley South within the Peace River Oil Sands Area.
January 17, 2017, 8:24 AM MST
January 16, 2017, 10:43 AM MST
PrairieSky Royalty Ltd. has completed its previously announced acquisition of a four per cent gross overriding royalty on current and future phases of Pengrowth Energy Corporation's Lindbergh SAGD thermal oil project, as well as seismic over certain lands in British Columbia and Alberta, for total cash consideration of $250 million.
January 6, 2017, 6:48 AM MST
December 23, 2016, 11:19 AM MST
PrairieSky Royalty Ltd. has entered into a definitive agreement with Pengrowth Energy Corporation to acquire a four per cent gross overriding royalty on current and future phases of its Lindbergh SAGD thermal oil project, as well as seismic over certain lands in British Columbia and Alberta, for total cash consideration of $250 million.
December 15, 2016, 6 AM MST
Could electric heaters optimize some cold heavy oil wells?
December 13, 2016, 7:58 AM MST
Husky Energy Inc. will increase capital spending in 2017 to between $2.6 billion and $2.7 billion from an estimated $2 billion this year, the company announced this morning.
December 13, 2016, 11:01 AM MST
December 5, 2016, 8:31 AM MST
December 2, 2016, 8:37 AM MST