The U.S. government, through the U.S. Department of Energy (DOE), issued notices of intent to fund two programs that will advance carbon capture demonstration projects and expand regional pipeline networks to transport carbon dioxide (CO2) for permanent geologic storage or for conversion into valued end uses, such as construction materials.
July 14, 2022, 7:20 AM MDT
July 14, 2022, 12 AM MDT
Cathedral Energy Services Ltd. has closed its previously announced acquisition of Altitude Energy Partners, LLC for a total purchase price of approximately US$100 million.
July 14, 2022, 5:39 AM MDT
July 14, 2022, 12 AM MDT
July 13, 2022, 12 AM MDT
July 13, 2022, 9:08 AM MDT
July 13, 2022, 12 AM MDT
July 13, 2022, 12 AM MDT
Shareholders of U.S and Canadian oil and gas producers continue to benefit from record levels of free cash flow across the upstream sector.
July 12, 2022, 12 AM MDT
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM), Division of Methane Mitigation Technologies, announced its intent to issue funding for research and development (R&D) projects that will help to reduce methane emissions across oil and natural gas producing regions of the United States.
July 12, 2022, 10:34 AM MDT
July 12, 2022, 12 AM MDT
July 8, 2022, 12 AM MDT
The U.S. rig count is up two from last week to 752 with oil rigs up two to 597, gas rigs unchanged at 153 and miscellaneous rigs unchanged at two.
July 8, 2022, 11:07 AM MDT
July 8, 2022, 10:22 AM MDT
July 8, 2022, 9:02 AM MDT
Freehold Royalties Ltd. has entered into definitive agreements with two private sellers to acquire high-quality U.S. mineral title and royalty assets located in the Midland Basin predominantly in Howard County, Texas for $123 million and in the Eagle Ford in Texas for $32 million, both figures net of estimates for exchange rates and customary closing adjustments.
July 7, 2022, 6:16 AM MDT
July 7, 2022, 10:51 AM MDT
A significant leap in operating cash flow in Q1 2022 allowed oil and gas producers across the U.S. and Canada to enjoy record levels of free cash flow — again.
July 6, 2022, 12 AM MDT
Ovintiv Inc. has reached agreements with two counterparties to sell portions of its assets located in the Uinta and Bakken basins for total proceeds of approximately $250 million.
July 6, 2022, 7:14 AM MDT
Cathedral Energy Services Ltd. is continuing its run of acquisitions, announcing this morning that it has entered into an agreement to acquire the directional drilling services business of Altitude Energy Partners, LLC, a portfolio company of Black Bay Energy Capital, LLC, for a purchase price of approximately US$100 million payable in a combination of cash and common shares of Cathedral.
July 4, 2022, 4:53 AM MDT
July 4, 2022, 6:31 AM MDT
July 4, 2022, 1:29 PM MDT
June 30, 2022, 11:01 AM MDT
June 30, 2022, 10:32 AM MDT
June 30, 2022, 12 AM MDT
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