Operators rig released 2,128 wells across Canada to the end of August, excluding experimental wells, off from 3,668 wells drilled in the first eight months of 2015.
September 20, 2016, 7:49 AM MDT
In the first eight months of 2016, operators rig released 2,128 wells, off 42 per cent from the same period a year ago. Including experimental wells, producers drilled 2,651 wells compared to 4,448 in January-August 2015 (down 40 per cent).
September 20, 2016, 8:41 AM MDT
Alberta Premier Rachel Notley said Monday she believes that her message about Alberta’s approach to energy and the environment at Climate Week in New York was “fairly well received.”
September 20, 2016, 7:33 AM MDT
Two years into the oil price collapse, and closer to a decade into the natural gas slide, few prognosticators are forecasting a return to the lofty price highs of the mid 2000s for either commodity anytime soon. In the absence of higher prices, oil and gas companies have little choice but to lower costs to remain profitable. And one increasingly recognized ways to do that is to adopt digital oilfield technologies.
September 20, 2016, 8:56 AM MDT
Analysis using CanOils Assets shows that production from private operators in British Columbia has increased by 76% within one year, based on July production figures. In July 2016, private companies were the operators of just over 56,000 boe/d, compared to 32,000 boe/d a year earlier.
September 20, 2016, 9:50 AM MDT
Northern Gateway will not appeal a recent Federal Court of Appeal decision that reversed the project's federal approval certificate.
September 20, 2016, 10:21 AM MDT
September 20, 2016, 11:27 AM MDT
The collapse of commodity prices plus the large-scale corruption scandal has impacted Brazil’s oil and gas industry and prompted a deep change in its approach to business which is likely to offer a wide range of opportunities to operators, investors, service companies and equipment providers.
September 20, 2016, 8:23 AM MDT
NRG Divestitures announces Hydro Vac corporate sale.
September 20, 2016, 6 AM MDT
InPlay Oil Corp., a private Alberta based light oil focused exploration and development company, and Anderson Energy Inc. have entered into an arrangement agreement for the combination of InPlay and Anderson to create a new, well-capitalized, high netback, Cardium focused producer.
September 20, 2016, 6 AM MDT
Bellatrix Exploration Ltd. has entered into an agreement with InPlay Oil Corp. to sell certain non-core Cardium focused assets in the greater Pembina area of Alberta for total consideration of $47 million.
September 20, 2016, 6 AM MDT
Shannon Stubbs, MP for Lakeland (Alberta), officially presented an e-petition in the House of Commons calling upon the federal government to vocally support the oil and gas industry, new pipelines across Canada, and hundreds of thousands of employed and unemployed oil workers, the Canadian Association of Oilwell Drilling Contractors (CAODC) announced this morning.
September 20, 2016, 9:20 AM MDT
Oil and gas software company Energy Navigator says it has expanded and relocated its Houston, Texas office.
September 20, 2016, 10:01 AM MDT
Together with our sponsors, geoLOGIC systems ltd. and Canadian Discovery Ltd., we invite you to join the Canadian Society for Unconventional Resources (CSUR) as it holds this year's one-day field trip to the Highwood River Section on Sept. 30.
September 20, 2016, 6:54 AM MDT
Encana Corporation intends to conduct a public offering of 107 million common shares of the company.
September 20, 2016, 6 AM MDT
Essential Energy Services Ltd. has entered into an agreement with a syndicate of underwriters led by Raymond James Ltd. and Peters & Co. Limited and including TD Securities Inc., Cormark Securities Inc., Canaccord Genuity, Clarus Securities, PI Financial, and HSBC Securities (Canada) Inc.
September 20, 2016, 6 AM MDT
Participate in our short online survey to provide perspective on where you think the oil and gas industry is headed in 2017 and be entered to win a $500 VISA gift card.
September 20, 2016, 6 AM MDT
September 20, 2016, 11:19 AM MDT
September 20, 2016, 10:51 AM MDT
Painted Pony Petroleum Ltd. announced 180 mmcf equivalent per day (30,000 boe per day) of production volumes were averaged over the previous five days, based on field estimates.
September 20, 2016, 6 AM MDT
Lightstream Resources Ltd. has not been able to reach a satisfactory settlement agreement with respect to the litigation that has been commenced by certain holders of the company's 8.625 per cent unsecured notes due Feb. 1, 2020.
September 20, 2016, 6 AM MDT
September 20, 2016, 10:37 AM MDT
September 20, 2016, 10:38 AM MDT
Cordy Oilfield Services Inc. announced a new executive team led by Darrick Evong as chief executive officer.
September 20, 2016, 6 AM MDT
Crescent Point Energy Corp. has closed its previously announced bought deal financing.
September 20, 2016, 7:59 AM MDT
September 20, 2016, 9:33 AM MDT
September 20, 2016, 9:37 AM MDT
September 20, 2016, 10:52 AM MDT
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