Uncertainty around policy decisions and infrastructure projects are clouding the outlook for drilling activity in the Western Canadian Sedimentary Basin (WCSB).
June 28, 2019, 10:53 AM MDT
Several companies announced upcoming drilling projects this week, including ARC Resources Ltd., Blackspur Oil Corp., Canadian Natural Resources Limited, NEP Canada ULC and Spur Petroleum Ltd.
June 28, 2019, 10:19 AM MDT
Paramount Resources Ltd. has entered into an agreement with an affiliate of CSV Midstream Solutions Corp. to sell its Karr 6-18 natural gas facility and related midstream assets for total cash consideration of approximately $330 million plus a $140 million capital commitment.
June 28, 2019, 9:33 AM MDT
Alberta’s new government plans to sell the leases and services the province has accrued to help companies ship oil out of the region. CIBC Capital Markets has been hired to help with the transaction.
June 28, 2019, 7:18 AM MDT
A major Duvernay operator chose the TenarisHydril Wedge XP® 2.0 connection for a challenging formation in Western Canada, given its improved running and exceptional over-torque performance.
June 28, 2019, 6 AM MDT
Oil has always been a major industry in Texas, but over the last few years the region has slowly been growing in activity and has fuelled an economic boom the likes of which the state has never seen.
June 28, 2019, 9:29 AM MDT
The Daily Oil Bulletin will not publish on Monday due to the Canada Day holiday.
June 28, 2019, 7:26 AM MDT
June 28, 2019, 11:06 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of June 28, 2019, as reported this morning by Rig Locator.
June 28, 2019, 11:23 AM MDT
June 28, 2019, 11:37 AM MDT
June 28, 2019, 10:35 AM MDT
June 28, 2019, 9:27 AM MDT
Pulse Seismic Inc. has completed a $7 million sale of 3D seismic data. The sale consists of both a transaction-based obligation along with a new licence for additional 3D data.
June 28, 2019, 7:30 AM MDT
A Canadian Enerdata weekly survey of Canadian natural gas in storage showed a total of 371.0 bcf of gas in storage for the week ended June 21, 2019, up 4.7 per cent from 354.4 bcf the previous week.
June 28, 2019, 11:43 AM MDT
Cequence Energy Ltd. has completed its previously announced private placement of common shares.
June 28, 2019, 9:44 AM MDT
Hemisphere Energy Corporation says the TSX Venture Exchange has accepted the company’s notice of intention to make a normal course issuer bid.
June 28, 2019, 9:53 AM MDT
June 28, 2019, 10:44 AM MDT