With Canadian operators seeing vastly increased cash flows due from the commodity price rebound in early 2021 capital investment in new wells is slowly picking up, says Trican Well Service Ltd. president and chief executive Brad Fedora.
July 28, 2021, 1:17 PM MDT
Precision Drilling Corporation employee recruitment and training practices represent a competitive advantage for the company coming out of the downturn, ensuring a sustained, strong market position, says top brass.
July 23, 2021, 7:27 AM MDT
Precision Drilling Corporation’s Q3 total drilling days likely will exceed the Q1 winter drilling season, says the chief executive, and there is the potential for more rig activations in Q4 as customers prepare for a busier 2022.
July 22, 2021, 2:46 PM MDT
July 13, 2021, 10:38 AM MDT
July 5, 2021, 12 AM MDT
June 22, 2021, 12 AM MDT
June 18, 2021, 12 AM MDT
June 11, 2021, 8:25 AM MDT
June 2, 2021, 11:08 AM MDT
The importance of pricing was a sentiment expressed by several oilfield services companies while reporting their first quarter financial and operational results.
May 21, 2021, 6:31 AM MDT
While resources such as hydrogen, helium and geothermal will benefit oilfield service firms, as well as support the sustainable energy story in the future, none of their developments are yet mature enough to sustain even one crew for a year, and therefore they are not yet ready to provide the sort of sustainability workers would like to see in the industry, says Duncan Au, president and chief executive officer of CWC Energy Services Corp.
May 12, 2021, 6 AM MDT
If simply raising wages would solve the energy sector’s so-called “labour crunch” problems, then that would be an easy solution, suggests Breanne O’Reilly, program manager, PetroLMI (a division of Energy Safety Canada).
May 11, 2021, 6:36 AM MDT
May 11, 2021, 7:59 AM MDT
In Western Canada, a “labour crunch” already began to show itself this past winter as oilfield service companies could not get to projects as quickly as customers would have wanted due to staffing, says Duncan Au, president and chief executive officer at CWC Energy Services Corp.
May 10, 2021, 6:40 AM MDT
For Ensign Energy Services Inc., Canada remains one of the most challenged areas both geopolitically and due to continuing COVID-19 issues, as well as in terms of securing a skilled workforce, says top brass.
May 10, 2021, 7:31 AM MDT
Cenovus Energy Inc. says it is in the process of reassessing the acquired Husky Energy Inc. assets for “synergies above and beyond the company’s original $1.2 billion target,” the company’s top executive told analysts on a Q1 conference call this morning.
May 7, 2021, 11:49 AM MDT
May 6, 2021, 10:28 AM MDT
May 6, 2021, 10:17 AM MDT
May 6, 2021, 10:40 AM MDT
May 4, 2021, 7:40 AM MDT
May 3, 2021, 8:21 AM MDT
Imperial Oil Limited continues to focus on mitigating the spread of COVID-19 within its operations and workforce in the hard-hit oilsands region.
April 30, 2021, 11:48 AM MDT
April 26, 2021, 8:27 AM MDT
April 26, 2021, 12 AM MDT
April 21, 2021, 8:03 AM MDT
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