Alberta oilsands producers licensed 414 new evaluation wells in November, the highest monthly count in four years, and a 314 per cent increase compared to November 2017.
December 18, 2018, 7:58 AM MST
Whitecap Resources Inc. has a 2019 capital budget of $425-$475 million for 2019 that includes the drilling of 220 (191.5 net) horizontal wells.
December 18, 2018, 11:10 AM MST
Whitecap Resources Inc. says Canadian crude oil price differentials and associated short-term contracts “have been positively impacted” by the Alberta government's recent announcement mandating the curtailment of 325,000 bbls/d of crude oil production.
December 18, 2018, 10:55 AM MST
Two of Canada’s major producers released their corporate guidance reports during the week ended Dec. 7: Suncor Energy Inc. and Cenovus Energy Inc.
December 18, 2018, 6:44 AM MST
Coastal GasLink Pipeline Ltd. (CGL) has requested that the National Energy Board (NEB) adjust its schedule for the jurisdictional hearing that was outlined last week.
December 18, 2018, 3:56 AM MST
The federal government has announced a $1.6 billion boost to help Alberta’s struggling oil industry reach new markets, address working capital needs and invest in new technologies.
December 18, 2018, 4:04 AM MST
Twenty-five years ago, when the first major fundraising event for the fledgling Shock Trauma Air Rescue Society (STARS) program was held by an equally fledgling association representing Canada’s oilfield services sector, few who were involved would have guessed the western-themed charity occasion would still be going strong.
December 18, 2018, 6 AM MST
Artificial lift systems under-perform when faced with unstable slug flows from a horizontal wellbore. Slug flows bring solids issues and pump gas interference which increases operating expenses from poor runtime, excessive workover costs, and inadequate production drawdown.
December 18, 2018, 6 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 18, 2018, as reported this morning by Rig Locator.
December 18, 2018, 11:51 AM MST
Husky Energy Inc. announced it has met all regulatory requirements for its full and fair offer to acquire MEG Energy Corp., including approval granted under the Investment Canada Act.
December 18, 2018, 7:15 AM MST
December 18, 2018, 6 AM MST
Paramount Resources Ltd. is celebrating its 40th Anniversary.
December 18, 2018, 6 AM MST
Cheniere Energy Partners, L.P. announced a sale and purchase agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of PETRONAS.
December 18, 2018, 6:51 AM MST
Connacher Oil and Gas Limited announced an extension to complete its restructuring transaction.
December 18, 2018, 7:02 AM MST
Tidewater Midstream and Infrastructure Ltd. said that TransAlta has exercised its option to acquire a 50 per cent ownership interest in the Pioneer pipeline connecting the Tidewater owned Brazeau River Complex to TransAlta's generating units in the Keephills and Sundance area.
December 18, 2018, 7:24 AM MST
The Toronto Stock Exchange (TSX) has accepted Horizon North Logistics Inc.’s notice of intention to commence a normal course issuer bid (NCIB).
December 18, 2018, 6:54 AM MST
AltaGas Ltd. announced that none of AltaGas's outstanding Series E shares will be converted into Series F shares on Dec. 31, 2018.
December 18, 2018, 6:57 AM MST
December 18, 2018, 8:43 AM MST
December 18, 2018, 8:37 AM MST
December 18, 2018, 8:53 AM MST
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