Crescent Point Energy Corp. continues delineating its recently acquired Duvernay and Montney land base while fine-tuning its drilling and completions strategies to deliver long-term sustainable production and free cash flow.
March 1, 2024, 9:24 AM MST
Baytex Energy Corp.’s Clearwater assets were hitting the high end of its production range, the company announced during its fourth quarter 2023 call-in to investors.
March 1, 2024, 10 AM MST
The Alberta government’s royalties from bitumen, crude oil and natural gas by-products are expected to remain fairly steady over the next three fiscal years.
February 29, 2024, 3:19 PM MST
Ovintiv Inc. expects to run three to four rigs and one completion crew in the Montney in 2024, targeting 60 to 70 wells in the condensate windows in both Alberta and B.C., executive vice-president and chief operating officer Greg Givens told analysts at the company’s 2023 fourth quarter and year-end conference call.
February 28, 2024, 2:01 PM MST
The cost to produce a boe for Tamarack Valley Energy Ltd. is declining.
February 28, 2024, 2:50 PM MST
Development activity has increased Obsidian Energy Ltd.’s current production to over 36,500 boe/d, based on field estimates.
February 28, 2024, 12 AM MST
Pembina Pipeline Corporation has entered into long-term agreements with Dow Chemical Canada to supply and transport up to 50,000 bbls/d of ethane to support their recently announced Path2Zero project.
February 26, 2024, 12 AM MST
The just released Petrinex Alberta NGL production data has been integrated into geoLOGIC systems ltd.’s gDC and geoSCOUT, enabling users to define more accurately the fluid maturity windows, individual well performance, and individual operator performance in liquids-rich plays like the Kaybob/Simonette Duvernay.
February 23, 2024, 8:16 AM MST
Whitecap Resources Inc. says it is encouraged by strong initial results on the two most recent Montney pads at Kakwa, where the company has optimized its development strategy for dynamic reservoir and fluid properties in this localized area.
February 23, 2024, 12 AM MST
In response to lower forecasted natural gas prices, Kelt Exploration Ltd. has reduced its 2024 capital expenditure program to $325.0 million, down seven per cent from its previous budget of $350.0 million.
February 22, 2024, 5:56 AM MST
Obsidian Energy Ltd. had an active 2023 capital program with both development and exploration/appraisal activities, providing a solid foundation as it enters the first year of its three-year growth plan to increase production to over 50,000 boe/d in 2026.
February 22, 2024, 7:42 AM MST
New NGL & Marketable Gas Volumes data for Alberta is available within geoLOGIC’s core data solutions.
February 21, 2024, 7:50 AM MST
Whitecap Resources Inc.’s 2024 capital budget is now expected to be $900 million to $1.1 billion, which is about $100 million lower than originally budgeted, to partially offset the cost of a Viking acquisition the company closed in the fourth quarter.
February 21, 2024, 3:33 PM MST
Keyera Corp. is finding efficiencies at its Alberta EnviroFuels (AEF) facility and is considering ways to boost volumes.
February 20, 2024, 9:08 AM MST
Fee-for-service work at Keyera Corp. posted new financial highs in the fourth quarter of 2023.
February 15, 2024, 12 AM MST
Birchcliff Energy Ltd. reported flat production in 2023, but low natural gas prices negatively impacted financial performance.
February 15, 2024, 6:44 AM MST
Keyera Corp. has new long-term integrated agreements with several producers, including roughly 30,000 bbls/d of incremental volume commitments on the Key Access Pipeline System (KAPS).
February 14, 2024, 11:20 AM MST
Bonterra Energy Corp.’s annual production averaged 14,204 boe/d in 2023, representing a six per cent increase over 2022, and exceeded Bonterra's previously stated 2023 guidance range of 13,500 and 13,700 boe/d.
February 14, 2024, 5:47 AM MST
While in the early stages and with a final investment decision (FID) a ways off, Trigon Pacific Terminals Ltd.’s proposed Trigon Pacific LPG project near Prince Rupert could be a vital component of the company’s diversification strategy.
February 13, 2024, 6 AM MST
Enbridge Inc. saw high utilization across its liquids pipeline systems in Q4 and full-year 2023 and set multiple throughput records, president and CEO Greg Ebel said during a conference call this morning.
February 9, 2024, 10:03 AM MST
ARC Resources Ltd. generated record annual production in 2023 averaging 351,954 boe/d in 2023, up from 345,613 boe/d in 2022.
February 9, 2024, 7:45 AM MST
Crew Energy Inc.’s approved 2024 budget includes net capital expenditures of $165 to $185 million and incorporates a conservative drilling and completions program as well as $60 to $70 million in strategic electrification and infrastructure expansion projects.
February 9, 2024, 6 AM MST
Here are highlights from Crew Energy Inc.’s reserves report:
February 9, 2024, 6 AM MST
With commodities prices currently testing bottom-decile levels due to North American supply growth and an exceptionally warm winter, Advantage Energy Ltd. is pursuing meaningful reductions to its capital program.
February 7, 2024, 12 AM MST
Athabasca Oil Corporation has closed its agreements with Cenovus Energy Inc. to create Duvernay Energy Corporation.
February 7, 2024, 7:27 AM MST
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