CNOOC Limited announced that the Appomattox Field in the U.S. Gulf of Mexico has safely started production ahead of schedule.
May 23, 2019, 12 AM MDT
May 22, 2019, 10:04 AM MDT
The Daily Oil Bulletin’s first annual Energy Excellence Awards were held in Calgary on Thursday, May 2. Awards were handed out in 12 categories under the banners of Operational and Project Excellence, Innovation and Research Excellence, and Exporting Excellence. Today’s instalment profiles the champion in the category Exporting Excellence: Advanced Technology.
May 17, 2019, 8:35 AM MDT
The Daily Oil Bulletin’s first annual Energy Excellence Awards were held in Calgary on Thursday, May 2. Awards were handed out in 12 categories under the banners of Operational and Project Excellence, Innovation and Research Excellence, and Exporting Excellence. Today’s instalment profiles the champion in the category Innovation & Research Excellence: Production.
May 16, 2019, 7:04 AM MDT
May 16, 2019, 10:59 AM MDT
Alberta’s total in situ bitumen production increased by approximately 11,500 bbls/d in March, likely in part due to easing of the province’s oil curtailment order. Primary production volumes led the gain, increasing approximately 8,200 bbls/d month-over-month.de
May 14, 2019, 6 AM MDT
May 14, 2019, 9:22 AM MDT
May 7, 2019, 11:42 AM MDT
Murphy Oil Corporation says it has reduced the number of wells in the Kaybob Duvernay that it plans to drill and complete this year.
May 2, 2019, 11:42 AM MDT
May 2, 2019, 7:50 AM MDT
The numbers are significant. A new study by IHS Markit says the breakeven WTI price for a SAGD expansion is now US$45/bbl, compared to US$65/bbl in 2014. For a mining project without an upgrader it’s US$65/bbl, down from $100/bbl in 2014. Both capital and operating costs have dropped dramatically, but investors are too uncertain about pipeline projects to proceed with significant new growth.
May 1, 2019, 11:23 AM MDT
Leucrotta Exploration Inc. drilled and completed an Upper Montney horizontal multi-frac well at 8-22-81-14W6 in the Mica area of northeast British Columbia.
May 1, 2019, 12 AM MDT
May 1, 2019, 8:01 AM MDT
While the Montney and Duvernay receive the lion’s share of industry buzz, operators in the Cardium play in central Alberta continue to execute their respective drilling programs despite the ongoing challenges facing producers in the Western Canadian Sedimentary Basin.
April 29, 2019, 4:05 AM MDT
The following is a sampling of recently announced plans for other Cardium players, aside from the ones contained in this story.
April 29, 2019, 4:08 AM MDT
Some of the greatest innovation gets done in an industry downturn. Activity slows, companies have time to be more methodical and creative, and though funding for research and technology adoption may be difficult to come by, companies are driven by necessity to find ways to trim costs and create new revenue streams throughout the production process.
April 26, 2019, 8:39 AM MDT
April 25, 2019, 11:12 AM MDT
April 25, 2019, 12 AM MDT
April 24, 2019, 7:30 AM MDT
TransGlobe Energy Corporation’s Q1 Canadian production averaged 2,300 boe/d.
April 24, 2019, 12 AM MDT
Gross profit before depreciation and amortization in the first quarter from Teck Resources Limited’s energy business unit was $22 million and was affected by lower production due to the Government of Alberta curtailments that came into effect on Jan. 1, 2019.
April 23, 2019, 12 AM MDT
April 23, 2019, 7:56 AM MDT
April 22, 2019, 12 AM MDT
The government of Newfoundland and Labrador outlined recent developments in the province’s oil and gas sector in its budget released yesterday.
April 17, 2019, 10:23 AM MDT
April 17, 2019, 8:12 AM MDT