Operators across Canada rig released 5,896 wells in the first 10 months of 2018, excluding experimental wells, a two per cent decrease from 6,010 wells drilled in the comparable period last year.
November 27, 2018, 10:38 AM MST
Crude oil’s recent price swoon towards US$50 is creating difficulties for producers trying to set their capital budgets for 2019.
November 27, 2018, 10:26 AM MST
Ensign Energy Services Inc. announced late this morning that the conditions to its offer for shares of Trinidad Drilling Ltd. at $1.68 per share have been satisfied or waived and it has taken up the Trinidad shares deposited to the offer as of 10:00 a.m. on Nov. 27, 2018.
November 27, 2018, 11:53 AM MST
The B.C. government says it is supporting the federal government in court action brought by the Saskatchewan and Ontario governments, challenging Ottawa’s carbon tax.
November 27, 2018, 9:42 AM MST
Explorers and Producers Association of Canada (EPAC) members currently estimate more than 150,000 bbls of oil production in Alberta has been shut-in due to the uneconomic price environment, with a significant amount of additional oil production to be shut-in if the current price differential environment persists for an extended period of time.
November 27, 2018, 8:24 AM MST
San Diego-based Sempra Energy recently announced plans for an LNG export facility on the west coast of Mexico, while another company has received U.S. Department of Energy approval for another Mexican LNG export plant.
November 27, 2018, 6:52 AM MST
Sayer Energy Advisors has been engaged to assist Crescent Point Energy Corp. (“Crescent Point” or the “Company”) with the sale of its prospective Duvernay oil rights located in the Ferrybank area of Alberta.
November 27, 2018, 7:06 AM MST
An operator working in the Montney formation successfully deployed TREX™ limited entry QuickPORT™ IV sleeves in two wells, simplifying operations in their extended reach laterals.
November 27, 2018, 6 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 27, 2018, as reported this morning by Rig Locator.
November 27, 2018, 11:02 AM MST
November 27, 2018, 7:06 AM MST
November 27, 2018, 9:30 AM MST
Bellatrix Exploration Ltd. has entered into a definitive agreement to acquire complementary assets within its core Ferrier area of west central Alberta from POSCO Daewoo E&P Canada Corporation for total consideration of approximately $9.5 million.
November 27, 2018, 12 AM MST
Recent acquisitions and organic growth helped boost revenues for Vertex Resources Group Ltd. in the third quarter of 2018.
November 27, 2018, 12 AM MST
The University of Calgary is purchasing the Shell Technology Centre Calgary (STCC).
November 27, 2018, 10:18 AM MST
November 27, 2018, 3:35 AM MST
November 27, 2018, 3:22 AM MST
November 27, 2018, 6:25 AM MST
Emera Inc. has agreed to sell its three natural gas-fired generation facilities in New England, known as Bridgeport Energy, Tiverton Power and Rumford Power, to an affiliate of The Carlyle Group for US$590 million (C$780 million).
November 27, 2018, 7:14 AM MST
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