After a hiatus of more than two years, PETRONAS Energy Canada Ltd. is back in the field in northeast British Columbia, as it begins drilling to underpin its share of natural gas for the LNG Canada export project, a senior executive said last week.
December 10, 2018, 7:05 AM MST
Canadian Natural Resources Limited is developing a new technology it says could significantly impact the way it develops its large liquids-rich Montney asset base.
December 10, 2018, 7:37 AM MST
Five years ago private oil and gas producer NAL Resources was chugging along, producing around 40,000 boe/d from its legacy assets in Alberta and Saskatchewan and spinning out cash flow to its sole owner Manulife Financial Corporation.
December 10, 2018, 8:02 AM MST
What a difference one OPEC+ meeting makes.
December 10, 2018, 8:36 AM MST
While the Alberta government’s decision to impose mandatory production curtailments has had a recent positive impact on Western Canadian Select (WCS) differentials and implied pricing, the uptick isn’t expected to be long-lasting, analysts contacted this morning by the Bulletin say.
December 10, 2018, 10:20 AM MST
The new Fort Hills oilsands mine will be hit hardest of Alberta projects and operators as mandated production cuts take effect in Q1/2019, according to new estimates from Peters & Co. Limited.
December 10, 2018, 10:57 AM MST
The National Energy Board (NEB) said it is taking steps to address a request from federal Natural Resources Minister Amarjeet Sohi who is seeking board advice on how to optimize oil transportation capacity on existing pipelines and rail.
December 10, 2018, 10:23 AM MST
Prices for Canadian oil and gas are continuing to trend lower and have recently taken us into areas of negative returns, as seen in some of our natural gas and heavy oil plays earlier this year.
December 10, 2018, 6:42 AM MST
PrairieSky Royalty has over 100,000 acres of Cardium leases expiring on December 31, 2018, in Central Alberta. For the first time in five years, the majority of these Cardium rights will become available for leasing to industry.
December 10, 2018, 6:41 AM MST
CGIS is proud to announce the promotion of Dave Friesen from VP Sales North America to President of CGIS. Mr. Friesen becomes the 3rd president in the company's history and is reflective of the confidence the board has in his abilities to lead the organization onto greater success while further promoting the Severe Service Valve (SSV) message to the industry.
December 10, 2018, 6:43 AM MST
Alberta is creating a LNG Investment Team to work directly with industry on reducing barriers for securing final investment decisions on export projects that will increase the value of Alberta’s natural gas resources, the government announced this morning.
December 10, 2018, 11:13 AM MST
ConocoPhillips is allocating $500 million in capital expenditures, or about eight per cent, to Canada in 2019 compared to approximately $300 million expected in 2018 excluding acquisition costs.
December 10, 2018, 7:11 AM MST
Hydraulic fracturing operations were suspended in an area of northeast B.C. after a seismic event late last month, the province’s regulator said.
December 10, 2018, 2:59 AM MST
December 10, 2018, 9:20 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 10, 2018, as reported this morning by Rig Locator.
December 10, 2018, 11:34 AM MST
Pembina Pipeline Corporation says it has allocated $900 million (53 per cent) of its 2019 capital program of $1.6 billion to its Pipelines division with another $425 million (25 per cent) to be spent on facilities.
December 10, 2018, 9:40 AM MST
With the continued industry trend of deeper, longer laterals with high fracturing intensity, Kicking Horse Energy Inc. called upon STEP Energy Services Ltd. along with NCS Multistage LLC and RM Engineering, to help complete the company’s deepest two-inch annular frac to-date in the Montney formation.
December 10, 2018, 6 AM MST
Saturn Oil & Gas Inc. was the top purchaser of acreage in the Kindersley-Kerrobert area at the recent Crown land sale on Dec. 4, 2018.
December 10, 2018, 9:05 AM MST
December 10, 2018, 10:29 AM MST
December 10, 2018, 3:23 AM MST
Pulse Oil Corp.’s first horizontal drilling program is now underway.
December 10, 2018, 8:40 AM MST
On Dec. 6, 2018, Hyduke Energy Services Inc. received notice from the Toronto Stock Exchange (TSX) that it is reviewing the eligibility for listing on the TSX of Hyduke's securities, pursuant to Part VII of the TSX Company Manual.
December 10, 2018, 8:49 AM MST
December 10, 2018, 8:56 AM MST
Equinor and Verus Petroleum have completed their previously announced transaction, whereby Equinor has sold its 17 per cent non-operated interest in the Alba oil field.
December 10, 2018, 3:39 AM MST
December 10, 2018, 3:31 AM MST
December 10, 2018, 9 AM MST
December 10, 2018, 9:17 AM MST