Led by the resilient unconventional sector, U.S. oil and gas production continues to strengthen and is poised for further growth, says a new EY study based on Evaluate Energy data.
September 12, 2018, 7 AM MDT
The Government of Newfoundland and Labrador, Nalcor Energy-Oil and Gas and Beicip-Franlab released the 2018 Oil and Gas Resource Assessment that identifies an additional 11.7 billion bbls of oil and 60.2 tcf of gas potential offshore.
September 7, 2018, 9:08 AM MDT
June 12, 2018, 9:41 AM MDT
May 10, 2018, 4:08 AM MDT
Falling production, rising debt and reduced reserve life were among the chief issues facing Pemex, Mexico’s national oil company. Historic reforms were introduced by Mexico’s government in 2013 to try and spark a significant reversal in performance of both Pemex and the country’s hydrocarbon production as a whole.
May 9, 2018, 4:10 AM MDT
Pulse Oil Corp. reported reserve assessments effective Dec. 31, 2017 on its Bigoray and Queenstown core operating areas.
April 16, 2018, 8:44 AM MDT
Canadian production increased by 32 per cent in 2017 to an average of 64,167 boe/d, up from 48,448 boe/d in 2016, says CNOOC Limited in its annual report.
April 13, 2018, 10:15 AM MDT
April 12, 2018, 6:59 AM MDT
Questerre Energy Corporation chose Hatch Ltd., a global engineering firm, to integrate and support its internal work on the technical and economic feasibility of the Jordan oil shale project.
April 6, 2018, 6:58 AM MDT
Acquisitions helped drive increased proved and proved plus probable gross reserves for Ikkuma Resources Corp. as of Dec. 31, 2017, according an independent reserves evaluation prepared by Deloitte LLP.
April 5, 2018, 6 AM MDT
April 5, 2018, 3:28 AM MDT
April 2, 2018, 3:12 AM MDT
March 26, 2018, 2:58 AM MDT
In its first full year as a public company, InPlay Oil Corp. successfully more than doubled production while growing light oil output by 75 per cent for the year, mainly in the Willesden Green area of west-central Alberta.
March 22, 2018, 6 AM MDT
Hemisphere Energy Corporation boosted both its proved and proved plus probable reserves in 2017.
March 20, 2018, 7:41 AM MDT
An independent reserves evaluation for Point Loma Resources Ltd. has estimated that proved plus probable reserves were up 119 per cent as of Dec. 31. 2017 while total proved reserves rose by 128 per cent.
March 19, 2018, 9:28 AM MDT
The Duvernay — still in the early stages of its development — certainly shows sensitivity to capital costs, with changes to factors such as well efficiency making much more of the resource economically viable, suggests the National Energy Board’s (NEB) Mike Johnson.
March 12, 2018, 6 AM MDT
Questerre Energy Corporation’s proved and probable reserves gross reserves climbed 20 per cent or 3.22 million boe from 15.7 million boe to 18.41 million boe, net of production during the year.
March 12, 2018, 3:45 AM MDT
Granite Oil Corp. is expecting to spend less in 2018.
March 8, 2018, 4:04 AM MST
Marquee Energy Ltd. reported higher reserves across the board in 2017.
March 8, 2018, 4:17 AM MST
Northeast B.C. Montney producer Storm Resources Limited replaced 351 per cent of production for total proved reserves and 424 per cent of proved plus probable reserves in 2017.
March 2, 2018, 9:42 AM MST
Alberta has remaining crude bitumen established reserves of 164 billion bbls after estimated annual production of 1.01 billion bbls in 2017, according to the Alberta Energy Regulator’s (AER) annual reserves report released Wednesday.
March 1, 2018, 5:26 AM MST
Crescent Point Energy Corp. exceeded its 2017 production guidance as it continued to test new technologies, such as injection control device (ICD) waterflood systems, maximizing recoveries and growing reserves to a new record for the company.
March 1, 2018, 11:35 AM MST
Bellatrix Exploration Inc.’s proved and proved plus probable reserves increased in 2017 by eight and three per cent, respectively, despite the impact from the Strachan and West Pembina non-core asset divestitures completed during the year.
March 1, 2018, 7:49 AM MST
For 2018, Leucrotta Exploration Inc. will drill a minimum of three additional horizontal delineation wells in the Lower Montney Turbidite oil window that will substantially complete the evaluation of productive capability over its 140-section land block.
February 27, 2018, 7:39 AM MST