The active rate in Canada fell into the high 20 per cent range in the first quarter of 2019, and it hasn’t been able to claw back to 30 per cent or above since then.
October 18, 2019, 8:48 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Oct. 18, 2019, as reported this morning by Rig Locator.
October 18, 2019, 11:22 AM MDT
The U.S. rig count is down five rigs from last week to 851, with oil rigs up one to 713, gas rigs down six to 137 and miscellaneous rigs unchanged at one.
October 18, 2019, 11:08 AM MDT
The Fall 2019 Alberta Oil & Gas Quarterly is now available.
October 18, 2019, 8:05 AM MDT
Energy use continues to grow, fuelled by global economic growth, population growth, the improvement in living standards, and growth of the middle class in the developing world. According to the International Energy Agency (IEA): “Rising incomes and an extra 1.7 billion people, mostly added to urban areas in developing economies, (will) push up global energy demand by more than a quarter to 2040.” These trends are here to stay and the world must seek solutions to how to affordably meet the needs of this growing population.
October 18, 2019, 7:39 AM MDT
The head of a Calgary-based oilfield services company, which operates mostly in Mexico, remains optimistic about prospects in the country despite the challenging development climate.
October 18, 2019, 10:23 AM MDT
Painted Pony Energy Ltd. has agreed to sell a 75 per cent working interest in 11,280 gross acres (8,460 net acres) in the northeast British Columbia Montney for cash consideration of $45 million.
October 18, 2019, 12 AM MDT
As a follow up to the initial event held in May 2019, CSUR will continue to highlight this emerging topic / technology within the unconventional sector.
October 18, 2019, 6 AM MDT
Several companies announced upcoming drilling projects this week, including Castlegate Energy Ltd., ConocoPhillips Canada Limited, Japan Canada Oil Sands Limited, Rising Star Resources Ltd. and Serafina Energy Ltd. To review this week’s drilling leads, click here to go to the list of weekly project reports.
October 18, 2019, 10:52 AM MDT
October 18, 2019, 9:42 AM MDT
Total Energy Services Inc.’s wholly-owned subsidiary, Savanna Drilling, LLC, has reached an agreement regarding the early termination of contracts for three Savanna drilling rigs operating in the United States.
October 18, 2019, 12 AM MDT
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