Enerplus Corporation has drilled another five (four net) oil wells in a northern extension of the Wattenberg field in the DJ Basin in Colorado and now is trying to determine if the play is good enough economically, says its chief executive.
September 13, 2019, 11:03 AM MDT
While Canadian heavy oil is still Baytex Energy Corp.’s third priority for capital investment after the Eagle Ford and Saskatchewan Viking, its potential contribution shouldn’t be counted out, says the company’s chief executive.
September 12, 2019, 8:19 AM MDT
The International Energy Agency (IEA) says total Canadian oil production is expected to increase by 95,000 bbls/d on average this year and a further 100,000 bbls/d next year, when output reaches 5.6 million bbls/d.
September 12, 2019, 8:37 AM MDT
Crew Energy Inc. is continuing to focus on its condensate-rich assets at West Septimus amidst a potential shortage of condensate in Western Canada.
September 12, 2019, 12 AM MDT
September 11, 2019, 10:05 AM MDT
September 10, 2019, 11:46 AM MDT
September 10, 2019, 11:49 AM MDT
While the upper zones of the multi-layered Montney formation have been the preferred exploitation targets for companies active in the prolific and vast play that stretches from northwest Alberta to northeast British Columbia, producers are increasingly kicking the tires in the relatively untried Lower Montney zone.
September 9, 2019, 8:46 AM MDT
Baytex Energy Corp. says strong operating performance has continued across its asset base during the third quarter and despite the volatility in crude oil prices, it continues to drive capital efficiencies across its asset base, delivering stable production and meaningful free cash flow.
September 9, 2019, 8:25 AM MDT
September 9, 2019, 7:25 AM MDT
September 6, 2019, 7:19 AM MDT
September 5, 2019, 11:06 AM MDT
A significant Montney light oil pool has been discovered and appraised at Progress, Alta., on Advantage Oil & Gas Ltd.’s 47 net section block of 100 per cent owned lands.
September 4, 2019, 12 AM MDT
August 30, 2019, 10:54 AM MDT
CNOOC Limited’s Canadian production was flat in the first half of the year.
August 29, 2019, 3:52 AM MDT
August 28, 2019, 10:52 AM MDT
Whitecap Resources Inc. has reduced its second half spending to $250 million from $300 million in order to have more flexibility and to improve near term free funds flow.
August 27, 2019, 7:15 AM MDT
Canada has gone from potential energy superpower to global laughingstock over the past several years.
August 26, 2019, 7:15 AM MDT
Husky Energy Inc.’s Dee Valley thermal project in Saskatchewan has started production.
August 26, 2019, 5:28 AM MDT
August 26, 2019, 7:06 AM MDT
August 26, 2019, 7:13 AM MDT
August 23, 2019, 7:14 AM MDT
August 22, 2019, 7:10 AM MDT
August 21, 2019, 10:50 AM MDT
Producers will be mandated to limit production by at least another year.
August 20, 2019, 2:28 PM MDT