MEG Energy Corp. this morning announced a 2018 capital budget of $510 million.
December 1, 2017, 5:12 AM MST
Moving forward without her assets and cash flow is indeed a setback, but Suzanne West also believes she retains the best parts of Imaginea Energy Corp. — its vision, brand, relationships, partnerships and intellectual capital — which she intends to take, along with the company, into a “clean hydrocarbon” future.
November 30, 2017, 6 AM MST
Eighteen months ago, after three consecutive failures, Devon Canada Corporation was about to give up in its attempt to use flow control devices (FCDs) on its SAGD wells.
November 29, 2017, 6 AM MST
In 1993, eight Syncrude employees embarked on a pilot project that would transform oilsands mining, shaping the technology system that enabled the industry’s surge in growth into the new century. In 2017 the oilsands marks 20 years since the commercialization of hydrotransport, while researchers work to improve its efficiency and further enhance its ability to boost returns.
November 29, 2017, 6 AM MST
Calgary-based pipeline leak detection company Hifi Technologies has admittedly high ambitions — it seeks to have its fibre optic based technology become the industry standard for monitoring and leak detection installed on every pipeline in the world.
November 27, 2017, 11:13 AM MST
Suncor Energy Inc. is requesting that the Alberta Energy Regulatory (AER) extend the confidentiality period for its test of a warm solvent in situ oilsands technology as the company prepares for a second field pilot.
November 22, 2017, 11:54 AM MST
Next year, Seven Generations Energy Ltd. will run what it calls a “tech pad” in which the company applies microseismic, microdeformation, fibre optics and pressure gauges to three lateral wells.
November 21, 2017, 4:46 AM MST
Foresight Cleantech Accelerator Centre and COSIA member companies, ConocoPhillips Canada, Imperial Oil Limited,Suncor Energy Inc., Canadian Natural Resources Limited and Devon Energy Corporation, today announced AMSEnergy Corp. as the winner of the final stage of the ARCTIC Waste Heat Challenge.
November 15, 2017, 10:41 AM MST
NCS Multistage Holdings, Inc. reported strong revenues and earnings in the third quarter of 2017, but expects a lull in Canadian activity in the final quarter of the year as operators exhaust their 2017 budgets.
November 14, 2017, 10:56 AM MST
Pason Systems Inc. generated consolidated revenue of $64.6 million in the third quarter of 2017, an increase of 67 per cent from the same period in 2016.
November 8, 2017, 6 AM MST
Delphi Energy Corp.’s technology and cost-cutting story starts around 2012-13, when the company began accumulating land and drilling its first Montney wells near Fox Creek in an area called Bigstone.
November 7, 2017, 6 AM MST
Perpetual Energy Inc.’s third quarter production decreased to 10,330 boe/d from 14,123 boe/d a year earlier while the company’s net loss narrowed slightly to $8.08 million from $10.92 million a year ago.
November 7, 2017, 9:29 AM MST
There is no single, universal completion system that works everywhere and for everyone, and a wide range of reservoir quality, pressure and fluid compositions in unconventional resources means companies must continuously evolve and improve their completion strategies to meet the needs of each circumstance.
November 6, 2017, 6 AM MST
The federal government announced an investment of $13.5 million, through Sustainable Development Technology Canada (SDTC), to advance technologies being developed by small and medium-sized clean tech enterprises.
November 3, 2017, 10:22 AM MDT
November 3, 2017, 4:47 AM MDT
Imperial Oil Limited could be in a position to decide whether to proceed with its first commercial-scale solvent-assisted SAGD project in the first half of next year, says the company’s top boss.
November 2, 2017, 3:36 AM MDT
The Alberta mandated 45 per cent cut in methane emissions from 2014 levels by 2025 is a steep challenge for the oil and gas industry, but a manageable one with ramped up technology development and a new adaptive approach to tech implementation adopted by the Alberta Energy Regulator (AER), say industry leaders.
November 1, 2017, 6 AM MDT
Precision Drilling Corporation continues to perform beta-style field trials utilizing rig automation technologies and hopes to commercialize them before the end of this year.
October 30, 2017, 5:09 AM MDT
Essential Energy Services Ltd. this morning provided a timing update with regard to the litigation process between Essential and Packers Plus Energy Services Inc., previously disclosed in Q2 2017.
October 26, 2017, 10:09 AM MDT
While solvent injection or co-injection with steam is viewed as “the next substantial step” for the oilsands industry to improve efficiency, reduce GHG emissions and increase recovery, the pace of development has been slow “due to a hesitation to push too aggressively, given the capital outlays and uncertainty on the economics,” particularly in current market conditions, according to analysts with Peters & Co Limited.
October 25, 2017, 6 AM MDT
From embracing a cube development model, employing new and evolving completion techniques and testing the fibre optic monitoring of wells, Encana Corporation continues to push the envelope of technology and innovation in its Montney programs in British Columbia and Alberta, an investor day event heard last week.
October 23, 2017, 6 AM MDT
Packers Plus Energy Services Inc. has partnered with Gran Tierra EnergyInc. to optimize well performance as the company advances its conventional development program in Colombia.
October 18, 2017, 3:31 AM MDT
The Clean Resource Innovation Network (CRIN), recently established to promote collaboration and innovation in the energy sector, has been passed over in its bid for Innovation Superclusters Initiative funding from the federal government.
October 17, 2017, 6 AM MDT
Husky Energy Inc. has applied to build a 500-bbl-a-day pilot to test a partial upgrading technology designed to reduce the amount of diluent needed to pipeline bitumen.
October 12, 2017, 6:51 AM MDT
The energy makeover underway to transition off carbon offers a massive opportunity to those in the clean energy and innovation space, says former U.S. Energy Secretary Ernest Moniz, but it also offers plenty of prospects for relatively clean burning natural gas.
October 10, 2017, 9:20 AM MDT