Western Canadian natural gas producers who want to avoid the current volatility in the AECO market should be signing up for firm transportation contracts (FT-delivery) to get their gas to export markets, TransCanada Corporation’s president of Canadian and Mexican gas pipelines said Thursday.
November 10, 2017, 3:28 AM MST
Peyto Exploration & Development Corp. is not waiting for provincial directives on reducing methane emissions by 45 per cent by 2025. The company is already well underway with its own plan.
November 10, 2017, 6 AM MST
The Manitoba government took in $773,748 at its final land sale this week, also the highest bonus at a single auction this year.
November 10, 2017, 6 AM MST
Drilling rig activity in Western Canada and the Top 5 active operators as of Nov. 10, 2017, as reported this morning by Rig Locator.
November 10, 2017, 11:35 AM MST
November 10, 2017, 11:44 AM MST
Inter Pipeline Ltd. still expects to make a final investment decision on its proposed $3.1 billion integrated propane dehydrogenation (PDH) and polypropylene plant by the end of this year, says its chief executive.
November 10, 2017, 11 AM MST
Add your voice to JWN's 2018 Oil & Gas Industry Outlook Report and 3rd annual Service & Supply Industry Outlook Report.
November 10, 2017, 6 AM MST
In a quarter where the benchmark AECO natural gas price averaged $1.46, one producer realized nearly three times that price.
November 10, 2017, 6 AM MST
ARC Resources Ltd. laid out a $690 million capital program for 2018 that focuses on balance sheet strength, sustainable dividend payments, and the profitable development of ARC's Montney crude oil, liquids-rich natural gas, and natural gas assets.
November 10, 2017, 6 AM MST
ARC Resources Ltd. reported net income of $48.5 million for the third quarter, up from $28.3 million the previous year.
November 10, 2017, 6 AM MST
Raging River Exploration Inc. has drilled its first Duvernay evaluation well (4-11) and the well was successfully drilled and cased to a total measured depth of 4,573 metres.
November 10, 2017, 2:57 AM MST
Gibson Energy Inc.’s third quarter revenues increased to $1.4 billion from $1.18 billion a year earlier as the company continues to progress towards the completion of major growth projects within its Infrastructure segment, primarily related to the construction of tankage and pipeline connections.
November 10, 2017, 3:51 PM MST
Mark Little, currently president, upstream, has been appointed chief operating officer of Suncor Energy Inc.
November 10, 2017, 2:50 PM MST
SemGroup’s chief executive says the company is excited about the conversations it is having with producers in the area about plans by its SemCAMS subsidiary for a proposed new sour gas facility in the Pipestone area of northwest Alberta.
November 10, 2017, 3:45 AM MST
Pengrowth Energy Corporation expects to spend about $75 million less in 2018 than this year and currently anticipates a 2018 capital program of between $50 and $60 million.
November 10, 2017, 10:03 AM MST
Perpetual Energy Inc. announced a total capital spending program of $39 million for 2018, close to 75 per cent concentrated in East Edson, developing liquids-rich natural gas reserves in the Wilrich formation, and 25 per cent in Eastern Alberta, primarily targeting heavy oil development at Mannville along with abandonment and reclamation work to continue to responsibly address decommissioning obligations.
November 10, 2017, 7:59 AM MST
Obsidian Energy Ltd. has approved a $135 million budget for next year with half of planned development capital earmarked for its flagship Cardium play.
November 10, 2017, 11:28 AM MST
November 10, 2017, 4:26 AM MST
November 10, 2017, 4:30 AM MST
Spartan Energy Corp. achieved record average production of 22,630 boe/d (91 per cent oil and liquids), representing an 82 per cent increase (14 per cent per share) over the third quarter of 2016.
November 10, 2017, 6 AM MST
Funds flow from operations for the third quarter for Cequence Energy Ltd. was $3.6 million and $17.7 million year to date, an increase of seven per cent and 284 per cent from the same periods in 2016, driven by higher oil and condensate weighting and associated realized prices.
November 10, 2017, 3:15 AM MST
Bonterra Energy Corp. will drill five (4.5 net) additional wells in November and December of this year so as to mitigate against service company availability issues anticipated during the first quarter of 2018.
November 10, 2017, 8:32 AM MST
Bellatrix Exploration Ltd. reported a decrease in funds flow from operations during the third quarter, mainly driven by a 38 per cent decrease in realized natural gas prices.
November 10, 2017, 9:24 AM MST
Pine Cliff Energy Ltd. is lowering its capital guidance for 2017 from $17 million to $15 million, before acquisitions, primarily as a result of lower than anticipated drilling and recompletion costs.
November 10, 2017, 6 AM MST
Bakken-focused Enerplus Corporation recorded net income of $16.1 million for its third quarter, compared to a loss of $100.7 million in the same quarter last year.
November 10, 2017, 6 AM MST
Eagle Energy Inc. announced that the board has appointed Wayne Wisniewski, Eagle’s president and chief executive officer, as a fifth director, effective immediately.
November 10, 2017, 9:03 AM MST
Altura Energy Inc.’s third quarter volumes averaged 1,088 boe/d, almost double production of 574 boe/d during the same period last year.
November 10, 2017, 10:24 AM MST
Cathedral Energy Services Ltd. saw substantial improvements to its financial results for Q3 2017, due to improvements in overall drilling activity in both Canada and the United States.
November 10, 2017, 11:17 AM MST
The biggest names in the oil and gas industry, including Exxon Mobil Corporation, Royal Dutch Shell plc, Chevron Corporation, China’s CNOOC Ltd. and other majors have registered to bid on 29 deepwater blocks in Mexico’s Gulf of Mexico.
November 10, 2017, 10:39 AM MST
November 10, 2017, 8:41 AM MST
Trican Well Service Ltd. has entered into an agreement with its bank lenders which amends and extends its revolving credit facility (RCF).
November 10, 2017, 3:57 AM MST
November 10, 2017, 5:44 AM MST
November 10, 2017, 4:33 AM MST
November 10, 2017, 8:18 AM MST
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