For most of January and February, rig activity in Western Canada has stayed in a fairly narrow range, with 38–40 per cent of the fleet at work.
March 1, 2019, 10:43 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of March 1, 2019, as reported this morning by Rig Locator.
March 1, 2019, 11:22 AM MST
The U.S. rig count is down nine rigs from last week to 1,038 rigs, with oil rigs down 10 to 843 and gas rigs up one to 195.
March 1, 2019, 11:07 AM MST
Weaker demand for fracturing services in Canada has forced Calfrac Well Services Ltd. to suspend one Canadian fleet and deploy idled equipment to the United States.
March 1, 2019, 10:25 AM MST
Encana Corporation's natural gas production is nearing one bcf/d from the Montney.
March 1, 2019, 3:11 AM MST
As AltaGas Ltd. prepares for the initial shipment from Western Canada’s first propane export terminal near Prince Rupert, an agreement with a large Montney player is showcasing the company’s integrated strategy, its chief executive said Thursday.
March 1, 2019, 7:14 AM MST
The new SemCAMS Midstream joint venture between SemGroup Corporation and KBR is expected to spend a total of US$230 million this year in Canada, including $10 million in maintenance capital, a SemGroup executive said Thursday.
March 1, 2019, 7:25 AM MST
Evaluate Energy tracks the detailed financial and operational performance of hundreds of U.S. and Canadian oil and gas companies.
March 1, 2019, 8:40 AM MST
The Alberta government is increasing production in April by 25,000 to a total of about 3.66 million bbls/d, an overall increase of 100,000 bbls/d from the January limit.
March 1, 2019, 3:28 AM MST
Upon review of the curtailment consolidation/transfer process, the Government of Alberta has decided to amend the curtailment rules to extend the deadline in which operators can submit requests to transfer production volumes in order to support a post-production month true up.
March 1, 2019, 3:36 AM MST
Gibson Energy Inc. sanctioned 500,000 bbls of new tankage at the Hardisty Terminal under a long-term agreement with an investment grade customer.
March 1, 2019, 8:51 AM MST
March 1, 2019, 11:27 AM MST
Strad outlined its spending for the upcoming year.
March 1, 2019, 6:50 AM MST
Storm Resources Ltd. achieved record production in the fourth quarter of 2018 along with record funds flow for the fourth quarter and year.
March 1, 2019, 10:48 AM MST
Reserve additions replaced 698 per cent of production for proved reserves and 712 per cent of proved plus probable reserves in 2018, natural gas weighted Storm Resources Ltd. has reported.
March 1, 2019, 9:18 AM MST
Advantage Oil & Gas Ltd. achieved record production levels in the fourth quarter and full-year 2018 while also gaining $59 million through marketing diversification initiatives.
March 1, 2019, 9:05 AM MST
Approximately 20 per cent of Cardinal Energy Ltd.’s capital budget is allocated to long-term operating costs reduction initiatives which include reducing its electricity and facility costs.
March 1, 2019, 6:37 AM MST
A merger of four companies has established a new, focused operation, effective March 1, aimed at providing greater capacity and capabilities to oil and gas industry clients in Canada and the U.S.
March 1, 2019, 10:19 AM MST
Pieridae Energy Limited closed a private placement financing.
March 1, 2019, 12 AM MST
March 1, 2019, 8:26 AM MST
March 1, 2019, 8:23 AM MST
Wolverine Energy and Infrastructure Inc. closed its previously announced acquisition of a leading environmental services division from a major midstream provider.
March 1, 2019, 3:17 AM MST
Total revenue for the year ended Dec. 31, 2018 was $10.2 million for Pulse Seismic Inc., down from $43.5 million the previous year — the third quarter of 2017 included Pulse’s largest-ever seismic data licensing agreement, for $29.5 million.
March 1, 2019, 8:05 AM MST
March 1, 2019, 8:14 AM MST
The Federal Energy Regulatory Commission (FERC) has approved the full in-service of TransCanada Corporation’s Mountaineer XPress (MXP) project, allowing the company to increase the flow of gas on MXP and begin operating its Gulf XPress (GXP) project.
March 1, 2019, 6:14 AM MST
March 1, 2019, 12 AM MST
March 1, 2019, 8:20 AM MST
March 1, 2019, 10:06 AM MST