March 18, 2024, 12 AM MDT
TES has entered into an MOU with other large international companies to sponsor the creation of a global coalition, the e-NG Coalition, which is exclusively dedicated to electric natural gas (e-NG or e-natural gas), also referred to as e-methane.
March 18, 2024, 9:58 AM MDT
March 18, 2024, 6 AM MDT
With the proceeds of its sale of its Pipestone facilities to AltaGas Ltd. putting Tidewater Midstream and Infrastructure Ltd. on firmer financial footing, improving efficiency and utilization at its remaining Deep Basin infrastructure will be the major focus for the company’s new executive management team in 2024.
March 15, 2024, 9:26 AM MDT
March 15, 2024, 10:47 AM MDT
TC Energy Corporation has entered into a binding letter agreement with Nisga’a Nation and Western LNG to sell Prince Rupert Gas Transmission Holdings Ltd. and the limited partnership interests in Prince Rupert Gas Transmission Limited Partnership.
March 14, 2024, 3:33 PM MDT
Tidewater Midstream and Infrastructure Ltd. is cleaning up its balance sheet after the sale of its Pipestone gas plant and related infrastructure to AltaGas Ltd. that closed in late 2023.
March 14, 2024, 10:07 AM MDT
March 14, 2024, 12 AM MDT
Despite continued weakness in North American natural gas prices, STEP Energy Services Ltd. has yet to see a material pull-back in E&P customers’ activity.
March 13, 2024, 6 AM MDT
Construction of Vermilion Energy Inc.’s 16,000 boe/d Mica Montney battery is progressing as planned and remains on schedule for a mid-year start-up, the company noted in Q4 and year-end results.
March 13, 2024, 6 AM MDT
With approximately 70 per cent of its production hedged at almost $4/mcf and some of the lowest costs in the industry, Peyto Exploration & Development Corp. has no current plans to cut its 2024 capital spending like other gas focused operators.
March 12, 2024, 12 AM MDT
March 12, 2024, 12 AM MDT
Tourmaline Oil Corp. reported proved, developed producing (PDP) reserves of 1.20 billion boe at year-end 2023, up slightly over 39 per cent after accounting for 2023 annual production of 189.9 million boe.
March 12, 2024, 12 AM MDT
The pace of gas well licensing has declined across Western Canada compared to last year as producers review their capital spending plans along with the timing of drilling gas wells due to low prices.
March 11, 2024, 12 AM MDT
AltaGas Ltd.’s top executive says the fundamentals for the company’s Canadian midstream business remain “compelling” despite the current weakness in natural gas prices.
March 11, 2024, 6:18 AM MDT
Asked about activity trends in its Canadian operations in 2024 in an atmosphere of increasingly volatile commodity pricing and modest capex cuts from some gas-focused producers, Daniel Halyk, president and chief executive officer of Total Energy Services Inc., said some users of their bigger rigs were shifting from gas to oil.
March 11, 2024, 12 AM MDT
Five months after closing its $699 million acquisition of Repsol Canada’s Deep Basin assets, Peyto Exploration & Development Corp. is busy drilling across the 455,000 net acres acquired in the deal, company president and chief executive officer JP Lachance told analysts at its 2023 fourth quarter and year-end conference call.
March 11, 2024, 9:49 AM MDT
March 11, 2024, 12 AM MDT
Although the fourth quarter is a seasonally low quarter for exports, AltaGas Ltd. says liquefied petroleum gas (LPG) volumes shipped were below internal expectations due to delayed ship arrivals at its terminals in December, which were loaded in the first quarter of 2024.
March 8, 2024, 11:09 AM MST
While fourth quarter of 2023 production at Kiwetinohk Energy Corp. was flat year-over-year, it was a banner year overall for output.
March 8, 2024, 12 AM MST
Vermilion Energy Inc. is continuing to advance and expand its deep natural gas exploration plans in Germany and Croatia to add to European plays the company has held in The Netherlands for two decades.
March 8, 2024, 10:03 AM MST
Peyto Exploration & Development Corp. reported funds flow from operations of $670 million in 2023, the third highest in company history.
March 8, 2024, 9:39 AM MST
Crew Energy Inc. reported production of 30,178 boe/d in 2023, down slightly from 33,277 boe/d the previous year.
March 8, 2024, 4:59 AM MST
Kelt Exploration Ltd.’s average production for the three months ended Dec. 31, 2023 was 32,344 boe/d, up 15 per cent compared to average production of 28,036 during the fourth quarter of 2022.
March 8, 2024, 12 AM MST
The Canada Energy Regulator (CER) has approved the Inuvialuit Energy Security Project (IESP) Energy Centre with 20 conditions.
March 8, 2024, 12 AM MST
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