Amid Trump tax cuts and reduced regulations in the U.S., and robust activity in premium basins like the prolific Permian, Canada’s battered energy sector is looking for some relief. As U.S. output soars to all time record levels, driven by technology partly developed north of the border, Canada risks losing its edge, panelists told the Calgary Energy Roundtable.
October 15, 2018, 6 AM MDT
The International Energy Agency (IEA) says “booming” Canadian oil production is again putting domestic heavy crude grades under pressure.
October 12, 2018, 8:59 AM MDT
October 12, 2018, 3:43 AM MDT
October 12, 2018, 9:28 AM MDT
The U.S. rig count is up 11 rigs from last week to 1,063, with oil rigs up eight to 869, gas rigs up four to 193, and miscellaneous rigs down one to one.
October 12, 2018, 11:12 AM MDT
October 12, 2018, 8:23 AM MDT
October 12, 2018, 8:43 AM MDT
October 11, 2018, 3:50 AM MDT
October 11, 2018, 9:59 AM MDT
October 10, 2018, 3:45 AM MDT
October 10, 2018, 4:40 AM MDT
October 10, 2018, 7:57 AM MDT
By agreeing to a US$480 million deal with Denver-based DJR Energy last week, Encana Corporation became the latest in a series of significant oil and gas producers to leave the San Juan Basin.
October 9, 2018, 9:16 AM MDT
October 9, 2018, 8:58 AM MDT
October 9, 2018, 4:54 AM MDT
It appears likely that the reversal of the previous south-north flow of crude on the 1.2 million bbl/d Capline Pipeline will proceed, enabling Canadian oilsands and heavy crude to flow to the Louisiana coast, says a spokesperson for the company that operates the pipeline.
October 5, 2018, 8:14 AM MDT
October 5, 2018, 6 AM MDT
October 5, 2018, 8:31 AM MDT
October 5, 2018, 9:11 AM MDT
Eagle Energy Inc. has finished drilling and casing its third North Texas horizontal well at a location approximately one mile from the company’s initial horizontal well — a well that continues to exceed production expectations, it says.
October 4, 2018, 6 AM MDT
October 3, 2018, 6 AM MDT
Kinder Morgan, Inc. today announced the start of a binding open season to solicit commitments for the Roanoke Expansion project on the Plantation Pipe Line System.
October 2, 2018, 8:10 AM MDT
October 2, 2018, 3:57 AM MDT
Encana Corporation has reached an agreement to sell its San Juan assets, located in New Mexico, for US$480 million to Denver-based DJR Energy, LLC.
October 1, 2018, 5:28 AM MDT
The U.S. rig count is up one rig from last week to 1,054, with oil rigs down three to 863, gas rigs up three to 189, and miscellaneous rigs up one to two.
September 28, 2018, 11:08 AM MDT