After rebounding in May, AECO natural gas prices in June plummeted to their lowest level in at least 19 years, averaging 50.1 cents/gigajoule.
July 3, 2019, 8:07 AM MDT
AECO prices plunged in June, averaging 50 cents/gigajoule, down from $1.89/GJ the previous month.
July 3, 2019, 8:23 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 3, 2019, as reported this morning by Rig Locator.
July 3, 2019, 11:41 AM MDT
July 3, 2019, 10:59 AM MDT
The U.S. rig count is down four rigs from last week to 963, with oil rigs down five to 788, gas rigs up one to 174, and miscellaneous rigs unchanged at one.
July 3, 2019, 11:05 AM MDT
Some Alberta natural gas producers struggling with record low commodity prices and high operating costs will get a break in the form of some tax relief, the provincial government said Tuesday.
July 3, 2019, 9:48 AM MDT
Catapult Environmental is pleased to announce that it has opened their Berland Complex, its third water management facility, southwest of Fox Creek, Alberta.
July 3, 2019, 6:57 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 3, 2019, 6:20 AM MDT
Doug Evasiuk, senior vice-president, sales and marketing and officer of the company, retired at the end of June, capping a successful 26-year career with Precision Drilling Corporation.
July 3, 2019, 6 AM MDT
The National Energy Board (NEB) will hear oral final arguments Sept. 16-17, 2019 in Calgary into NOVA Gas Transmission Ltd.’s (NGTL) proposed 2021 system expansion project in northwestern Alberta.
July 3, 2019, 11:30 AM MDT
TC Energy Corporation is selling its U.S. midstream assets held by its subsidiary, Columbia Midstream Group, to UGI Energy Services, LLC, a subsidiary of UGI Corporation, for roughly US$1.28 billion (C$1.7 billion).
July 3, 2019, 3:04 AM MDT
Enbridge Inc. will be holding open seasons on the Express Pipeline Limited Partnership pipeline in Canada, for existing and expanded capacities, for service originating at Hardisty with delivery points on the Express Pipeline LLC pipeline in the United States.
July 3, 2019, 12 AM MDT
Junior Osum Oil Sands Corp. has successfully more than doubled production at its Orion SAGD project ahead of its original schedule.
July 3, 2019, 10:17 AM MDT
July 3, 2019, 8:38 AM MDT
July 3, 2019, 7:18 AM MDT
Gibson Energy Inc. has closed the sale of its Canadian Truck Transportation businesses to Trimac Transportation for gross proceeds of approximately $70 million prior to customary closing adjustments.
July 3, 2019, 3:09 AM MDT
July 3, 2019, 8:47 AM MDT
Oilfield services provider Weatherford International plc has started its financial restructuring by voluntary cases under Chapter 11 of the U.S. Bankruptcy Code.
July 3, 2019, 8:54 AM MDT