As it stands right now, Canadian Natural Resources Limited’s Kirby North SAGD project is the only major oilsands facility that will be under construction through 2019 — a grim outlook for an industry that just a few years ago had one million bbls/d of production capacity being built at one time.
January 8, 2018, 11 AM MST
Three major pieces of multi-million dollar equipment for a production expansion that have spent years sitting at site at the Orion SAGD project waiting for sanction are finally being put to work.
January 8, 2018, 11:34 AM MST
Along with the rebound in petroleum and natural gas (P&NG) rights in Alberta in 2017, oilsands land sale revenue also rebounded strongly to its highest since 2011.
January 8, 2018, 5:48 AM MST
The jump in international benchmark crude prices in the fourth quarter of last year surprised most oil forecasters. Here at Geopolitics Central (GPC), we expected spot West Texas Intermediate (WTI) to rebound, having previously predicted the price to average US$62.50/bbl this year (DOB, Oct. 11, 2017) — but failed to see the speed in which prices would increase.
January 8, 2018, 9:32 AM MST
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In 2012, when Kevin Dell left Calgary to assume the role of regional director for the Middle East for global EPC company Kentz Corporation, the Canadian oil and gas industry had finally dug itself out of the hole created by the 2008 financial crisis and was getting set to boom.
January 8, 2018, 7:08 AM MST
Are you a reservoir, petroleum and exploitation engineer or technologist, geophysicist or geologist? Are you involved in well production/injection optimization and hydraulic frac design? Then this course is for YOU!
January 8, 2018, 7:09 AM MST
In collaboration with the newly established Technical Committee that is led by Technical Chairman, Mark Salkeld, VP of Operations and Business Development at CLEANTEK Industries, The Global Petroleum Show (GPS) Conference will launch June 12 and 14, 2018 in Calgary, Canada.
January 8, 2018, 7:12 AM MST
Producers and brokers have used the Daily Oil Bulletin’s content ads for many years to effectively market their new assets for sale — royalty, production or land.
January 8, 2018, 7:10 AM MST
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