Oilfield service and supply companies are feeling the brunt of regulatory uncertainty, stalled projects, oil curtailments and widening crude oil price differentials.
March 13, 2019, 7:06 AM MDT
The active rate in Western Canada fell below 30 per cent this week, driven by a plunge in the number of active rigs in Alberta.
March 13, 2019, 7:25 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 13, 2019, as reported this morning by Rig Locator.
March 13, 2019, 11:39 AM MDT
Thermal in situ oilsands production volumes dropped below 1.3 million bbls/d in January for the first time since June 2017, according to the latest data on the DOB’s Canadian Oilsands Navigator.
March 13, 2019, 11:01 AM MDT
The Canadian Society for Unconventional Resources (CSUR) will play a key part in helping Alberta navigate the province’s opportunities in Canada’s fledgling LNG sector.
March 13, 2019, 6 AM MDT
APL holds 100% working interest in ~20 sections at Kaybob that are available for farmout and/or acquisition.
March 13, 2019, 6:51 AM MDT
March 13, 2019, 6:52 AM MDT
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March 13, 2019, 6:55 AM MDT
TransGlobe Energy Corporation produced an average of 14,439 boe/d in 2018 as compared to 15,506 boe/d a year earlier, a seven per cent decrease year over year.
March 13, 2019, 9:17 AM MDT
March 13, 2019, 11:06 AM MDT
As the world shifts to the use of more electric vehicles (EVs) and power grids dominated by renewables, fossil fuel-based economies like Alberta’s face challenges and community leaders across the province are asking how they can respond to changes to help their smaller towns and cities thrive in the future.
March 13, 2019, 9:32 AM MDT
Driven mainly by high netback, light oil, Surge Energy Inc.’s production grew by more than 34 per cent in the fourth quarter of 2018 and by 21 per cent for the 12 months in what the company described as a “transformative year.”
March 13, 2019, 10:29 AM MDT
Surge Energy Ltd. added eight million boe of proved plus probable reserves in 2018, replacing 133 per cent of production as its high quality light oil conventional reservoirs continued to deliver consistent results.
March 13, 2019, 9:33 AM MDT
Emissions Reduction Alberta (ERA) announced $100 million in funding through the BEST Challenge, a funding opportunity for biotechnology, electricity, and sustainable transportation innovations.
March 13, 2019, 6 AM MDT
March 13, 2019, 4:26 AM MDT
For 2018, Bonterra Energy Corp. invested $78.7 million in net capital expenditures, or four per cent less than in 2017.
March 13, 2019, 7:43 AM MDT
Acceleware Ltd. filed a patent application on the use of RF XL in shipping bitumen by rail.
March 13, 2019, 9:10 AM MDT
Granite Oil Corp. continues to manage volatility and uncertainty in the Canadian energy sector through conservative capital spending and by actively optimizing its EOR scheme and field operations.
March 13, 2019, 9:40 AM MDT
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March 13, 2019, 10:02 AM MDT