In Canada, Cathedral Energy Services Ltd. was the most active directional drilling provider in 2024 Q1, reported the company in its Q4 results, with some of the highest job counts achieved in the company's history.
March 27, 2024, 6:30 AM MDT
An increase in drilling bitumen wells in Alberta and gas wells in British Columbia led to a year-over-year lift in rig releases during February.
March 26, 2024, 12 AM MDT
Rokk Energy Technologies and Northern Smilodon Energy Inc. have entered into a strategic relationship that is focused on the commercial application of Rokk's Pad-Free advanced drilling and completion system.
March 25, 2024, 10:50 AM MDT
U.S. well servicing companies are rapidly retiring aging frack spreads and replacing them with state-of-the-art technologies designed to meet customer demand for increased fuel efficiency and lower emissions.
March 22, 2024, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 22, 2024 as reported this morning by Rig Locator.
March 22, 2024, 11:37 AM MDT
The U.S. rig count is down five from last week to 624 with oil rigs down one to 509, gas rigs down four to 112 and miscellaneous rigs unchanged at three.
March 22, 2024, 11:12 AM MDT
AKITA Drilling Ltd. reported 2023 net earnings of $18.42 million, compared to $4.29-million in 2022, an increase of 329 per cent year over year and a return to a positive retained earnings balance.
March 22, 2024, 12 AM MDT
SECURE Energy Services Inc. has closed its previously announced private offering of $300 million aggregate principal amount of 6.750 per cent senior unsecured notes due March 22, 2029 at an issue price of $100.00, representing a yield of 6.750 per cent.
March 22, 2024, 9:14 AM MDT
A cluster of high-priced licence parcels drove the majority of spending at Alberta’s land sale on Wednesday.
March 21, 2024, 4:26 AM MDT
The Saskatchewan government is introducing a new multilateral well drilling program, among other energy investments announced in its provincial budget.
March 21, 2024, 6 AM MDT
Securing the future for energy services means showing off its potential as a sector to work in when so many sectors within energy are competing for new talent.
March 20, 2024, 6 AM MDT
Centurion Group is proposing to sell its legacy construction business Centurion Canada Infrastructure, formerly SITE Resource Group (SITE), to the Hillcore Group.
March 20, 2024, 6 AM MDT
SECURE Energy Services Inc. has entered into an underwriting agreement to sell, pursuant to a private placement, $300 million aggregate principal amount of 6.75 per cent senior unsecured notes due March 22, 2029.
March 20, 2024, 12 AM MDT
Stampede Drilling Inc. is on pace for another strong start to the year, as it has consistently run 16 out of its 19 rig fleet throughout the first few months of 2024.
March 18, 2024, 12 AM MDT
North American Construction Group (NACG) reported steady performance of its heavy equipment fleet from the second quarter to year-end 2023.
March 15, 2024, 10:08 AM MDT
Calfrac Well Services Ltd. says 2024 has gotten off to a tepid start for its North American segment and the company could defer some planned spending in the coming months as a result.
March 15, 2024, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 15, 2024 as reported this morning by Rig Locator.
March 15, 2024, 11:36 AM MDT
The U.S. rig count is up seven from last week to 629 with oil rigs up six to 510, gas rigs up one to 116 and miscellaneous rigs unchanged at three.
March 15, 2024, 11:17 AM MDT
Canadian energy services, supply, and manufacturing association Enserva has launched a new career portal for job seekers.
March 14, 2024, 12 AM MDT
Source Energy Services Ltd. has acquired RWR Trucking Inc.’s sand trucking assets for a combination of cash, vendor take back note, and assumed lease obligations.
March 14, 2024, 5:38 AM MDT
STEP Energy Services Ltd. says Canadian activity levels have been strong in Q1, particularly for the fracturing service line which is seeing high utilization across the six active crews.
March 13, 2024, 12 AM MDT
Despite continued weakness in North American natural gas prices, STEP Energy Services Ltd. has yet to see a material pull-back in E&P customers’ activity.
March 13, 2024, 6 AM MDT
FLINT Corp.’s revenues for the year ended Dec. 31, 2023 were $655.7 million, representing an increase of $51.1 million or 8.4 per cent from 2022.
March 13, 2024, 6 AM MDT
Murray Desrosiers, senior vice-president, legal and corporate development, will be retiring from FLINT Corp. June 30, 2024.
March 13, 2024, 6 AM MDT
First Nations leaders are calling on the federal government to allow Alberta access to more than $100 million of unused site rehabilitation funding.
March 12, 2024, 9:11 AM MDT
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