Devon Energy Corporation is now expecting to produce less heavy oil this year after turnaround work at its Jackfish SAGD project identified additional required maintenance.
August 1, 2018, 11 AM MDT
Service companies hoping Encana Corporation would immediately boost spending will be disappointed.
August 1, 2018, 11:45 AM MDT
Despite the normal slowdown in oilfield activity caused by seasonal spring breakup, Source Energy Services Ltd., Canada’s largest frac sand provider, recorded strong second quarter results Wednesday, thanks to an increase in proppant intensity and completions activities by its customers.
August 1, 2018, 9:32 AM MDT
AltaGas Ltd. is not standing still but is “charging ahead on all fronts” as it searches for a new CEO, says David Cornhill, the interim co-CEO, said this morning.
August 1, 2018, 12:04 PM MDT
The Ridley Island Propane Export Terminal (RIPET) has secured approximately 75 per cent of its supply and construction activities are advancing on time and on budget to begin commercial operations in the first quarter of 2019, says AltaGas Ltd.
August 1, 2018, 11:31 AM MDT
Four years ago, Cenovus Energy Inc. was in the early stages of building the oilsands industry’s first large-scale deployment of solvents with steam.
August 1, 2018, 6 AM MDT
It would appear that the new owner of the suspended STP-McKay SAGD project northwest of Fort McMurray is not interested in making it any bigger.
August 1, 2018, 8:39 AM MDT
The National Energy Board (NEB) says it has approved, with 15 conditions, NOVA Gas Transmission Ltd.’s (NGTL) application to construct and operate the Boundary Lake North section of the Northwest Mainline Loop in northwestern Alberta.
August 1, 2018, 8:19 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 1, 2018, as reported this morning by Rig Locator.
August 1, 2018, 11:50 AM MDT
New low-sulphur marine fuel standards could prove to be disastrous for the Canadian oil producing sector, says a new report by the Canadian Energy Research Institute (CERI), creating the need for more upgrading and refining to take place within Alberta.
August 1, 2018, 9:13 AM MDT
August 1, 2018, 9:53 AM MDT
August 1, 2018, 9:46 AM MDT
Painted Pony Energy Ltd.’s adjusted funds flow increased 116 per cent to $39.1 million compared to $18.1 million during the second quarter of 2017.
August 1, 2018, 3:15 AM MDT
Raging River Exploration Inc. continues to “prudently and methodically” advance the evaluation of the emerging Duvernay light oil play in central Alberta.
August 1, 2018, 3:11 AM MDT
Bonavista Energy Corporation in the first six months of this year has produced on average 70,304 boe/d while spending only 57 per cent of adjusted funds flow on its exploration and development (E&D) program.
August 1, 2018, 3:54 AM MDT
After a better than expected operational performance in the second quarter, Whitecap Resources Inc. is increasing its annual production guidance for 2018 to 74,000 –75,000 boe/d from previous guidance of 73,600 – 74,800 on an unchanged development capital program of $450 million.
August 1, 2018, 10:23 AM MDT
Canbriam Energy Inc. has sold some non-core Montney lands in northeast British Columbia for total proceeds of C$50 million.
August 1, 2018, 12 AM MDT
“Natural gas is a bridge to a lower carbon future; demand will grow for decades to come” asserted the debater. Her opponent snapped back “natural gas is a bridge to nowhere. Low cost wind and solar power backed-up with batteries will replace natural gas sooner than anyone expects.”
August 1, 2018, 3:33 AM MDT
Trinidad Drilling Ltd. concluded its strategic review, which did not result in a corporate sale of the company, but will instead see the company focus on a revised five-year plan.
August 1, 2018, 7:04 AM MDT
Trinidad Drilling Ltd. appointed John R. Blocker, Jr. of Houston, Texas, to its board of directors, effective Aug. 15, 2018.
August 1, 2018, 7:25 AM MDT
August 1, 2018, 10 AM MDT
August 1, 2018, 10:03 AM MDT
McClelland Oilfield Rentals Ltd. and Delta Rental Services Corp. have combined to create a full-service oilfield rental business servicing the Western Canadian Sedimentary Basin from operational facilities in Grande Prairie and Red Deer.
August 1, 2018, 3:19 AM MDT
Hemisphere Energy Corporation has continued to show significant progress in production growth, with the company reaching average corporate production for the three month period ended June 30, 2018 of over 1,050 boe/d (96 per cent oil), based on field estimates.
August 1, 2018, 7:42 AM MDT
Nabors Industries Ltd. reported second quarter 2018 operating revenue of US$762 million, compared to operating revenue of $734 million in the first quarter, a four per cent increase.
August 1, 2018, 11:14 AM MDT
August 1, 2018, 4:02 AM MDT
August 1, 2018, 4:21 AM MDT
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