During the first half of 2022, Kelt Exploration Ltd. determined that additional gas processing capacity expected to be made available to the company in the Wembley/Pipestone area at a third-party facility was postponed until later in 2023 or early in 2024.
February 16, 2023, 6:13 AM MST
Based on field estimates, Pipestone Energy Corp. delivered record quarterly production of 33,816 boe/d (30 per cent condensate, 42 per cent total liquids) during Q4 2022, resulting in full year 2022 production of 31,090 boe/d (29 per cent condensate, 41 per cent total liquids) which is within the previously announced guidance of 31,000 – 33,000 boe/d.
February 16, 2023, 6:26 AM MST
European super-majors were faster out of the blocks on the energy transition than their U.S. counterparts — but were they too fast?
February 15, 2023, 6:31 AM MST
Construction of the Key Access Pipeline System (KAPS) is substantially complete and commissioning and line-fill activities are underway, Keyera Corp. reported this morning.
February 15, 2023, 4:30 AM MST
The gathering and processing segment for Keyera Corp. posted throughput increases and set records in realized margin both annually in 2022 and in its fourth quarter.
February 15, 2023, 1:28 PM MST
Energy for a Secure Future (ESF) has been launched, which describes itself as a “non-partisan civil society initiative” that brings together Canadian business leaders, Indigenous peoples, organizations, and experts to implement a “new vision for Canada’s gas energy and infrastructure.”
February 15, 2023, 9:42 AM MST
TC Energy Corporation reported EBITDA of $9.9 billion for 2022, driven by high utilization of its North American natural gas pipeline system and strong performance of its power generation business, the company reported this morning.
February 14, 2023, 9:43 AM MST
Completing ongoing work on schedule during this winter’s construction season is imperative if the Coastal GasLink pipeline project is to meet its planned mechanical completion before year-end 2023, analysts heard on TC Energy Corporation’s fourth quarter and year-end conference call.
February 14, 2023, 2:50 PM MST
CSV Midstream Solutions Corp. has acquired KANATA Energy Group.
February 14, 2023, 5:45 AM MST
February 14, 2023, 12 AM MST
Enbridge Inc. has temporarily put on hold its T-North open season to allow producers affected to refine and adjust their development plans given the recent agreement reached by the B.C. government and Blueberry River First Nations.
February 13, 2023, 10:39 AM MST
Canada’s largest condensate producer ARC Resources Ltd. is bullish on future demand for oilsands diluent and plans to continue leading the pack in meeting that demand, company executives said at its 2022 fourth quarter and year-end conference call Friday.
February 13, 2023, 10:42 AM MST
With an agreement in place with Blueberry River First Nations restarting activity in northeast B.C., ARC Resources Ltd. plans to ramp up drilling on its core assets at Sunrise and Greater Dawson in 2023 to make up for lost ground.
February 13, 2023, 10:46 AM MST
ARC Resources Ltd.’s ability to a shift drilling activity to condensate-rich targets to take advantage of higher prices while leveraging its access to higher priced U.S. gas markets played a significant role in its record 2022 results, company president and chief executive officer Terry Anderson told analysts at the company’s year-end conference call.
February 13, 2023, 2:18 PM MST
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February 13, 2023, 10:14 AM MST
February 13, 2023, 12 AM MST
Keyera Corp. closed the previously announced acquisition of a 21 per cent working interest in the Keyera Fort Saskatchewan (KFS) complex from Plains Midstream Canada, bringing its total ownership in KFS to 98 per cent.
February 13, 2023, 2:30 PM MST
With drilling operations in the B.C. Montney slowed to a crawl due to the now-resolved Blueberry First Nations consultations, ARC Resources Ltd. focused its efforts on its Alberta Kakwa condensate play in 2022, which helped the company deliver record fourth quarter and annual results.
February 10, 2023, 7:36 AM MST
Crew Energy Inc.’s full year 2022 production exceeded forecasts to average 33,277 boe/d, and Q4/22 production surpassed guidance of 30,000 to 32,000 boe/d to average 32,893 boe.
February 10, 2023, 12 AM MST
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February 3, 2023, 12 AM MST