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
Southwestern Energy Company has entered into a definitive agreement with the third largest private Haynesville producer GEP Haynesville, LLC under which it will acquire GEP for approximately $1.85 billion.
November 4, 2021, 7:44 AM MDT
China Petroleum & Chemical Corporation (Sinopec) has signed a 20-year LNG contract with U.S. LNG producer and exporter Venture Global LNG to purchase four million tons of LNG a year.
November 4, 2021, 7:49 AM MDT
November 4, 2021, 12 AM MDT
November 4, 2021, 12 AM MDT
Driven by record quarterly daily oilsands production at Christina Lake and Foster Creek, Cenovus Energy Inc. achieved total third quarter output of 804,800 boe/d, an increase of 71 per cent from 471,799 boe/d during the comparable period last year.
November 3, 2021, 10:58 AM MDT
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