Vermilion Energy Inc. anticipates a 2022 capital program in the range of $400 - $450 million with production at a similar level to original 2021 guidance of 83,000 to 85,000 boe/d.
November 10, 2021, 4:25 AM MST
November 10, 2021, 9:33 AM MST
November 10, 2021, 9:54 AM MST
Baker Hughes and Shell Global Solutions BV have signed a broad strategic collaboration agreement to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors, the companies said in an announcement.
November 10, 2021, 8:20 AM MST
After posting strong third quarter operational and financial results, MEG Energy Corp. has lifted its full-year 2021 production guidance for the third time this year.
November 9, 2021, 9:42 AM MST
Connecting low-cost and long-life reserves in the Permian and Eagle Ford basins to global markets via infrastructure in the U.S. Gulf Coast is an essential part of how Enbridge Inc. is viewing its broader strategy about the energy transition.
November 9, 2021, 6:51 AM MST
CWC Energy Services Corp. has completed the previously announced acquisition of 10 high-spec triple drilling rigs and all related and ancillary equipment and inventory from a privately held contract drilling company based in Casper, Wyoming for total cash consideration of US$17.3 million (approximately C$21.4 million).
November 9, 2021, 4:06 PM MST
November 9, 2021, 12 AM MST
Pembina Pipeline Corporation’s top executive says there have been some “exciting developments” recently which support the company’s “growing enthusiasm” for the continued strengthening of the business environment for Western Canada’s oil and gas sector.
November 8, 2021, 6 AM MST
Ensign Energy Services Inc. is pushing its Canadian clients to keep drilling programs running through Christmas this year, as the company expects to be operating around 50 rigs by year-end 2021, peaking at 60 in the new year, and management wants to hang onto its crews through this period of increasing activity.
November 8, 2021, 3:51 PM MST
November 8, 2021, 12 AM MST
November 8, 2021, 6 AM MST
November 8, 2021, 12 AM MST
Enbridge Inc. says it remains on track to deliver more than $10 billion of capital into service in 2021 — with approximately $8 billion of capital projects placed into service since July 1 — which is expected to generate significant EBITDA and free cash flow growth in 2022.
November 5, 2021, 9:29 AM MDT
TC Energy Corporation has approved its WR Project, a set of projects anticipated to constitute a total capital investment of approximately US$800 million.
November 5, 2021, 5:08 AM MDT
The U.S. rig count is up six from last week to 550 with oil rigs up six to 450, gas rigs unchanged at 100, and miscellaneous rigs unchanged at zero.
November 5, 2021, 11:03 AM MDT
Enerplus Corporation’s expected 2022 capital spending is $500 million, representing a reinvestment rate of 44 per cent based on current forward strip commodity prices.
November 5, 2021, 12 AM MDT
Enerplus Corporation reported net income of $112 million in the third quarter, reversing from a loss of $112.75 million the previous year.
November 5, 2021, 12 AM MDT
November 5, 2021, 12 AM MDT
Cheniere Energy, Inc. has entered into a binding LNG sale and purchase agreement (SPA) with Sinochem Group Co., Ltd.
November 5, 2021, 6:37 AM MDT
Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has safely and successfully re-started production at its Mars and Ursa platforms in the U.S. Gulf of Mexico and began exporting oil and gas through the West Delta-143 (WD-143) "A" facility.
November 5, 2021, 7:44 AM MDT
Higher oil and gas prices have put drilling crews back to work across North America but don’t expect a rapid increase in activity in the next few years, Pason Systems Inc. president and chief executive officer Jon Faber told analysts at the company’s third quarter conference call Thursday morning.
November 4, 2021, 1:04 PM MDT
At Tupper Montney in Q3, Murphy Oil Corporation’s natural gas production averaged 292 mmcf/d.
November 4, 2021, 6:58 AM MDT
The post pandemic pick-up in drilling across North America resulted in a major turnaround in the fortunes of integrated drilling data solutions provider Pason Systems Inc. in the third quarter of 2021.
November 4, 2021, 9:14 AM MDT
STEP Energy Services Ltd. generated revenue of $133.2 million in the third quarter of 2021 (Q3 2020 - $62.4 million, Q2 2021 - $107 million), which is STEP’s strongest quarter since the start of the COVID-19 pandemic in early 2020.
November 4, 2021, 4:53 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.