Alberta may have the talent, high-level expertise and the data to leverage artificial intelligence and machine learning (AIML) for the oilpatch, but the industry remains short on the leadership, commitment to invest and worker engagement across the enterprise to fully benefit from the digital transition, speakers to an Oil Sands Innovation Summit panel said recently.
July 2, 2019, 8 AM MDT
A new owner has stepped up for the STP-McKay SAGD project, which was “hibernated” in 2015 after its original owner, Southern Pacific Resource Corp., was unable to continue operating amid the oil price.
July 2, 2019, 8:28 AM MDT
July 2, 2019, 10:53 AM MDT
‘Transformation’ will be the theme of the 24th World Petroleum Congress, assuming the host city of Calgary has its way, which organizers expect it will.
July 2, 2019, 10:20 AM MDT
July 2, 2019, 7:27 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.
July 2, 2019, 8:46 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.
July 2, 2019, 8:51 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 2, 2019, as reported this morning by Rig Locator.
July 2, 2019, 11:53 AM MDT
Catapult Environmental announces that it has opened its Berland Complex, its third water management facility, southwest of Fox Creek, Alta.
July 2, 2019, 12 PM MDT
ARC Financial Corp. has closed its ninth private equity fund, ARC Energy Fund 9, with $780 million of capital from institutional investors across Canada, the United States and Europe.
July 2, 2019, 11:14 AM MDT
July 2, 2019, 7:38 AM MDT
July 2, 2019, 10:46 AM MDT
July 2, 2019, 7:59 AM MDT
Pacific Oil and Gas Ltd. has completed the acquisition of all the issued and outstanding shares of Canbriam Energy Inc.
July 2, 2019, 8:21 AM MDT
A wholly-owned subsidiary of ClearStream Energy Services Inc. has completed the acquisition of certain assets of the production services division formerly operated by AECOM Production Services Ltd. and certain of its affiliates.
July 2, 2019, 8:25 AM MDT
Obsidian Energy Ltd.’s banking syndicate has extended the syndicated credit facility redetermination date until Aug. 30, 2019 as the company moves through the necessary provisions in regard to the Peace River Oil Partnership (PROP) disposition, and as it continues to evaluate the potential of an unsecured bond offering.
July 2, 2019, 12 AM MDT
Pieridae Energy Limited has closed its previously announced non-brokered private placement of common shares of the company at a price of 86 cents per share for gross proceeds of $2.2 million.
July 2, 2019, 8:17 AM MDT
July 2, 2019, 7:51 AM MDT
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July 2, 2019, 8:27 AM MDT
July 2, 2019, 10:35 AM MDT