Encana Corporation’s second quarter Montney production averaged 203,000 boe/d with liquids production averaging 54,000 bbls/d, or 27 per cent of total output from the play.
July 31, 2019, 10:50 AM MDT
Seven Generations Energy Ltd. brought its first full triple-stack pad on production at Nest 3 during the middle of the second quarter of 2019 and company officials say they are encouraged by the results.
July 31, 2019, 11:17 AM MDT
The Alberta natural gas industry is in dire straits. In an open letter to Premier Jason Kenney, nine CEOs of primarily gas-producing companies recently begged the Alberta government to consider some sort of royalty tax credit scheme to support a voluntary curtailment plan in an attempt to stabilize gas prices at higher levels.
July 31, 2019, 6 AM MDT
The Petroleum Services Association of Canada (PSAC) has lowered its forecast for the number of wells to be drilled (rig released) across Canada for the third time this year.
July 31, 2019, 11:47 AM MDT
The cautious optimism of MEG Energy Corp.’s initial 2019 capital budget has been pulled back, with the company announcing that it will not sanction $75 million that would have gone towards incremental production growth at its Christina Lake oilsands project.
July 31, 2019, 10:05 AM MDT
A total of $2.7 billion in capital was raised by the Canadian oil and natural gas industry in the first six months of 2019, down 18 per cent from the $3.3 billion recorded over the same time period in 2018.
July 31, 2019, 6 AM MDT
North American Construction Group Ltd. (NACG) expected positive financial results this year thanks to key acquisitions made last year, which is exactly what the company’s second quarter results confirm, says management.
July 31, 2019, 10:35 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 31, 2019, as reported this morning by Rig Locator.
July 31, 2019, 11:43 AM MDT
TC Energy Corporation is selling interests in three Ontario natural gas-fired power plants to a subsidiary of Ontario Power Generation Inc. for roughly $2.87 billion.
July 31, 2019, 12 AM MDT
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Secure Energy Services Inc. added key storage infrastructure and 80-acres of undeveloped land to its midstream portfolio in the second quarter of 2019.
July 31, 2019, 9:31 AM MDT
The Alberta Capital Cost Index (ACCI) will be set at 0.90 effective Jan. 1, 2020, the Alberta Department of Energy has announced.
July 31, 2019, 12 AM MDT
Canadian Natural Resources Limited has received Alberta Energy Regulator (AER) approval for three pipelines and a free-standing liner within an existing pipeline in the Dunvegan Field in northwest Alberta.
July 31, 2019, 12 AM MDT
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