After being mired for much of the year under 30 per cent, the active rate has surged over the past week and this week averaged over 30 per cent, according to Rig Locator.
December 6, 2019, 8:41 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 6, 2019, as reported this morning by Rig Locator.
December 6, 2019, 11:21 AM MST
The U.S. rig count is down three rigs from last week to 799, with oil rigs down five to 663, gas rigs up two to 133, and miscellaneous rigs unchanged at three, according to Baker Hughes.
December 6, 2019, 11:06 AM MST
Liquefied natural gas projects planned for eastern Canada represent a significant opportunity for Alberta’s gas producers to reach tidewater and access markets in western Europe.
December 6, 2019, 6 AM MST
Alberta Premier Jason Kenney and eight cabinet ministers along with their deputy ministers and senior government officials will be heading to Ottawa this weekend to meet with their federal counterparts in pressing Alberta’s demands for “a fair deal in the Canadian federation.”
December 6, 2019, 1:47 PM MST
TransCanada Pipelines Limited has launched a binding open season for long-term fixed price service from Empress to the North Bay Junction for up to 157,000 gigajoules/d of natural gas.
December 6, 2019, 10:26 AM MST
Having both worked for and owned local oil and gas businesses, Ray Frehlick has a unique understanding of the important role these companies play in small Canadian communities.
December 6, 2019, 6 AM MST
In September, Suncor announced plans to replace its coke-fired boilers with two cogeneration units at its Oil Sands Base Plant which will be the equivalent of taking 550,000 cars off the road.
December 6, 2019, 6 AM MST
December 6, 2019, 7:45 AM MST
Several companies announced upcoming drilling projects this week, including Anegada Oil Corp., Cardinal Energy Ltd., Gain Energy Ltd., Grizzly Oil Sands Ulc and Triple Five Intercontinental Group Ltd. To review this week’s drilling leads, click here to go to the list of weekly project reports.
December 6, 2019, 11:47 AM MST
Citing revised expectations for a steam-oil ratio, Suncor Energy Inc. is seeking regulatory approval to increase the total bitumen production capacity of its Meadow Creek East SAGD oilsands project in the Athabasca oilsands to 88,000 bbls/d from the approved 80,000 bbls/d.
December 6, 2019, 1:53 PM MST
December 6, 2019, 11:03 AM MST
Action on climate change including a “price on pollution” across Canada as it works with partners to further reduce emissions will be a priority of the newly-elected minority government of Prime Minister Justin Trudeau.
December 6, 2019, 12 AM MST
An Alberta Court of Appeal hearing on Alberta’s challenge to federal legislation that puts a tax on carbon tax will be held Dec. 16, 2019 in Edmonton.
December 6, 2019, 2:24 PM MST
Alberta’s planned $30-a-tonne carbon price on emissions from industry has received the green light from the federal government.
December 6, 2019, 10:07 AM MST
Rural governments coping with the loss of millions of tax dollars from financially hard-pressed oil and gas companies should consider what happened in the Cold Lake area as a way out of the financial mess, says the town’s mayor.
December 6, 2019, 12 AM MST
Jupiter Resources Ltd. and its affiliates have received a further extension to the maturity date associated with the company's existing senior secured reserve-based revolving credit facility until Dec. 18, 2019.
December 6, 2019, 3:11 PM MST
The Toronto Stock Exchange has accepted Tervita Corporation’s application to amend its normal course issuer bid.
December 6, 2019, 8:51 AM MST
The chief executive officer of the Canadian Council for Aboriginal Business (CCAB) is stepping down to work with one of Alberta’s largest Indigenous-owned integrated site service companies.
December 6, 2019, 9:09 AM MST
December 6, 2019, 7:53 AM MST
December 6, 2019, 8:04 AM MST
December 6, 2019, 8:15 AM MST
December 6, 2019, 8:22 AM MST
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