Service and Supply

  • 360 Acquires Astute Environmental And Continues Systematic Sector Growth

    360 Energy Liability Management Ltd. (360) is pleased to announce the strategic acquisition of Astute Environmental and Regulatory (Astute). 

    June 1, 2023, 11 AM MDT

  • Shawcor Sells Its Shaw Pipeline Services Business

    Shawcor Ltd. has sold its Shaw Pipeline Services (SPS) operating unit to a U.S.-based investor group which includes Achieve Capital LLC and members of current SPS management.

    June 1, 2023, 3:22 PM MDT

  • Wildfires Have ‘Modest Impact’ On Precision Drilling’s Operations

    In Canada, Precision Drilling Corporation has 46 rigs active today and expects to have over 60 rigs active by the end of the month “as we begin to emerge from the lows of spring breakup,” said the company in an operation update.

    June 1, 2023, 6 AM MDT

  • Shawcor Secures Pipe Coating Contracts

    Shawcor Ltd.’s pipe coating division, Pipeline Performance Group (PPG), has received five formal contract awards and one letter of intent (LOI) for development projects in South America, Mexico and the Ivory Coast.

    June 1, 2023, 6 AM MDT

  • Stampede Drilling Normal Course Issuer Bid And Amends Credit Facility

    Stampede Drilling Inc. has received TSX Venture Exchange approval to commence a normal course issuer bid (NCIB) to purchase its common shares through the facilities of the TSXV and/or alternative trading platforms, commencing on June 1, 2023 and expiring on the earlier of May 31, 2024 and the date on which Stampede has acquired the maximum number of common shares allowable under the NCIB.

    May 31, 2023, 6:55 AM MDT

  • Re-igniting Entrepreneurism In Canada

    The recent death of Nipper Guest has led me to contemplate the power of entrepreneurship and the initial “spark” that ignites a new venture from a founder's energy.

    May 30, 2023, 6 AM MDT

  • Re-igniting Entrepreneurism In Canada

    The recent death of Nipper Guest has led me to contemplate the power of entrepreneurship and the initial “spark” that ignites a new venture from a founder's energy.

    May 29, 2023, 9:49 AM MDT

  • PVT Acquires Assets Of Maximum Tank Truck

    PVT Energy Group Inc. (PVT) has recently announced that they have acquired the assets and real estate of Maximum Tank Truck Services Ltd., a fluid hauling company in the Peace region.

    May 29, 2023, 12 AM MDT

  • Weekly Rig Locator: 25% Of Drilling Rig Fleet At Work

    Drilling rig activity in Western Canada and the Top 10 active operators as of the afternoon of May 26, 2023 as reported this morning by Rig Locator.

    May 26, 2023, 11:32 AM MDT

  • Baker Hughes Rig Count: U.S. Down 9

    The U.S. rig count is down nine from last week to 711 with oil rigs down five to 570, gas rigs down four to 137 and miscellaneous rigs unchanged at four.

    May 26, 2023, 11:06 AM MDT

  • Shawcor Awarded Pipe Coating Contract For South American Development Project

    Shawcor Ltd.’s pipe coating division, Pipeline Performance Group (PPG), has received a formal contract award for a development project located offshore in South America.

    May 26, 2023, 6:10 AM MDT

  • High Arctic CFO To Step Down

    Lance Mierendorf, High Arctic Energy Services Inc.’s chief financial officer, has tendered his resignation and plans to step down effective Aug. 17, 2023.

    May 24, 2023, 12 AM MDT

  • CDN Controls Releases ESG Report

    CDN Controls Ltd. has released its annual environmental, social, and governance (ESG) report.

    May 23, 2023, 6 AM MDT

  • B.C.’s Rig Release Meterage Up Close To 25% Compared To Last Year

    Drilling activity has increased in British Columbia this year, with year-over-year rig release counts and meterage up almost 20 per cent and 25 per cent, respectively, through the first four months of 2023.

    May 19, 2023, 12 AM MDT

  • Weekly Rig Locator: 23% Of Drilling Rig Fleet At Work

    Drilling rig activity in Western Canada and the Top 10 active operators as of the afternoon of May 19, 2023 as reported this morning by Rig Locator.

    May 19, 2023, 11:28 AM MDT

  • Baker Hughes Rig Count: U.S. Down 11

    The U.S. rig count is down 11 from last week to 720 with oil rigs down 11 to 575, gas rigs unchanged at 141 and miscellaneous rigs unchanged at four.

    May 19, 2023, 11:08 AM MDT

  • Enerflex Executive Joins the Board of Directors Of Par Pacific Holdings

    Par Pacific Holdings, Inc. appointed Patricia Martinez to its board of directors.

    May 18, 2023, 10:49 AM MDT

  • Marketplace Growth In Face Of B.C. Regulations Continues To Evolve, Says Trican CEO

    Trican Well Service Ltd. CEO Brad Fedora said the company’s thinking about marketplace growth in British Columbia continues to evolve when it comes to the province’s stringent environmental regulations.

    May 17, 2023, 6 AM MDT

  • Stampede Drilling Grants Stock Options

    Stampede Drilling Inc. has granted an aggregate of 1.97 million stock options to purchase common shares of the company to officers, employees and the newly elected directors of the company.

    May 17, 2023, 5:45 AM MDT

  • Trican Remains ‘Bullish’ With Long-Term Predictability Looking Balanced

    Trican Well Service Ltd. posted significantly improved results in the first quarter 2023 compared to Q1 2022, thanks to strong industry conditions and more moderate inflation rates that improved all major financial categories for the company.

    May 16, 2023, 6 AM MDT

  • Gibson Energy Sanctions Two New Tanks At Edmonton In Deal With Cenovus

    Gibson Energy Inc. has sanctioned the construction of two tanks, representing 870,000 bbls of new tankage, at its Edmonton Terminal underpinned by a 15 year take-or-pay and stable fee-based contract agreement with Cenovus Energy Inc.

    May 16, 2023, 2:34 PM MDT

  • Stampede Drilling On Pace For Strong Year

    Stampede Drilling Inc. is on pace with another strong start to the year with 17 out of its 19 rig fleet operational and fully crewed in the first quarter of 2023.

    May 16, 2023, 6 AM MDT

  • Total Energy Services Continues Growth In U.S., But Canadian Market Remains A Priority

    Total Energy Services Inc.’ growth in U.S. markets continued in the first quarter of 2023, with revenues from south of the border outpacing Canadian operations, VP of finance and chief financial officer Yuliya Gorbach told analysts at the company’s 2023 first quarter results conference call.

    May 15, 2023, 12 AM MDT

  • CES Energy Sees Canadian Revenue Hike, Expects Stable Environment In 2023

    Drilling and completions in Canada helped drive CES Energy Solutions Corp. to 24 per cent revenue growth in the country last quarter.

    May 15, 2023, 6 AM MDT

  • Licence Count Up Close To 40% To End Of April

    To the end of April, operators have licensed 2,305 wells across Canada — an increase of 38 per cent from 1,676 permits issued in the year-prior period.

    May 12, 2023, 12 AM MDT

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