Producers across Canada licensed 452 wells last month — the third-lowest February total in the past 30 years.
March 12, 2019, 9:58 AM MDT
Producers on both sides of the border are looking to improve capital efficiencies through continued drilling and completion cost optimization, the use of new technologies, employing longer wells and “manufacturing” processes, and a focus on core areas.
March 12, 2019, 11:05 AM MDT
As reported by the DOB on Monday, the outlook for Canadian oil production has “significantly deteriorated” and the longer-term outlook looks “more precarious,” the International Energy Agency (IEA) reported in its latest crude oil forecast report.
March 12, 2019, 9:55 AM MDT
March 12, 2019, 11:37 AM MDT
NCS Multistage Holdings Inc. says it has secured several field trials for its new lower cost sleeve design for high pressure markets and is on track to have sleeves and isolation assemblies for the family of products ready for commercialization in the third quarter of 2019, after spring breakup.
March 12, 2019, 6 AM MDT
The Alberta government spent a total of $1.19 billion on its Climate Leadership Plan in the 2017/2018 fiscal year, according to the recently released progress report on the plan.
March 12, 2019, 7:25 AM MDT
March 12, 2019, 10:56 AM MDT
On May 11, 2018 TransGlobe Energy Corporation announced its intention to transition from a board of directors consisting of nine to seven members by the 2019 AGM with five of seven members being independent.
March 12, 2019, 4:08 AM MDT
Journey Energy Inc. reported a lower net loss for Q4 and the year-ended 2018, but its funds flow declined in both periods.
March 12, 2019, 12 AM MDT
March 12, 2019, 8:48 AM MDT
SNC-Lavalin has been awarded a three-year framework agreement by Chevron Australia to provide general engineering services, in addition to reliability and integrity management services for its Western Australia oil asset base on Barrow Island and Thevenard Island.
March 12, 2019, 7:06 AM MDT
March 12, 2019, 8:23 AM MDT
March 12, 2019, 7:59 AM MDT
March 12, 2019, 8:14 AM MDT