British Columbia was the only province in Western Canada to report a year-over-year improvement in rig release counts and meterage for January.
February 26, 2021, 10:15 AM MST
NuVista Energy Ltd. is selling its non-core Charlie Lake and Cretaceous Unit assets in the Wembley area, as well as selected water infrastructure assets in the Wembley/Pipestone area, for total proceeds of $94 million prior to adjustments.
February 26, 2021, 6 AM MST
Enerflex Ltd.’s foray into the energy transition includes decarbonization efforts for the oil and gas sector, as well as strategically focusing on new markets that could benefit from the company’s modular approach to gas processing — including renewable natural gas, hydrogen, carbon capture and storage (CCUS) and biogas processing.
February 26, 2021, 8:48 AM MST
Advantage Oil & Gas Ltd. is reducing its 2021 capital guidance range to $115 million to $135 million from $125 million to $150 million.
February 26, 2021, 6:18 AM MST
Alberta’s natural gas and by-product royalties are forecast to climb to $467 million in 2021/22, $171 million, or 58 per cent higher than 2020/21.
February 25, 2021, 3:35 PM MST
Enerflex Ltd. expects capital expenditures could reach $50 million to $100 million this year, with approximately $20 million to $25 million spent on maintenance capex, and the rest going towards value-added growth projects.
February 25, 2021, 11:15 AM MST
With LNG Canada to be operational by 2025, Trican Well Service Ltd. sees some customers starting to plan out how they will fulfill their production needs once liquefied natural gas exports begin: Good news for Trican.
February 25, 2021, 9:21 AM MST
February 25, 2021, 8:17 AM MST
February 25, 2021, 8:40 AM MST
Royal Dutch Shell released its latest round of long-term global energy scenarios earlier this month, conveniently pushing the outlook period from 2070 to 2100, with the potential of cataclysmic climate change looming large over the remainder of this century.
February 24, 2021, 6 AM MST
February 23, 2021, 3:58 AM MST
i3 Energy plc has plans to bring on a high-impact horizontal Falher well.
February 23, 2021, 10:31 AM MST
A total of 175 gas wells were licensed in January across the western provinces, up from 146 in the year-prior period, as a shift to more gas-directed drilling takes hold across the basin.
February 19, 2021, 10:13 AM MST
TC Energy Corporation pipelines experienced unprecedented and sustained demand for its pipeline capacity over the past week as a polar vortex covered most of the United States, the company’s new chief executive said Thursday.
February 19, 2021, 3:54 AM MST
Project costs for Coastal GasLink are expected to increase significantly, and the schedule will be delayed due, in part, to the impacts from COVID-19 as the company works with LNG Canada on a revised project plan, parent TC Energy Corporation said today.
February 19, 2021, 8:39 AM MST
Enerplus Corporation was able to preserve shareholder value and maintain a strong financial footing in 2020, says top brass, positioning the business to deliver future, differentiated shareholder returns.
February 19, 2021, 10:50 AM MST
February 19, 2021, 9:06 AM MST
The Canada Energy Regulator (CER) has denied, with reasons to follow, an application from the Explorers and Producers Association of Canada (EPAC) for an extension of the Temporary Service Protocol (TSP) on the NOVA Gas Transmission Ltd. (NGTL) System.
February 18, 2021, 12 AM MST
Kelt Exploration Ltd. piloted its first sustainable low-emission wellsite facility last year, eliminating more than 90 per cent of potential emissions at the location by deploying new, innovative technologies.
February 18, 2021, 12 AM MST
Seven Generations Energy Ltd. has implemented its first fully electrified pad.
February 18, 2021, 7:08 AM MST
February 18, 2021, 7:38 AM MST
February 18, 2021, 8:05 AM MST
Crescent Point Energy Corp. has entered into an agreement with Shell Canada Energy, an affiliate of Royal Dutch Shell plc, to acquire Shell's Kaybob Duvernay assets in Alberta for $900 million.
February 17, 2021, 3:14 PM MST
Ovintiv Inc. through a wholly owned subsidiary, has agreed to sell its Duvernay assets for $263 million including $12 million in contingency payments based on future commodity prices.
February 17, 2021, 3:42 PM MST
Renewables would be irrelevant without a critical baseload of natural gas, says Dale Shwed, president and chief executive officer of Crew Energy Inc.
February 17, 2021, 2:41 PM MST