After narrowing through the better part of January and early February, the Western Canada Select (WCS)-West Texas Intermediate (WTI) differential has widened again recently as railway blockades organized by opponents of the Coastal GasLink pipeline affect crude-by-rail shipments, at least in the short-term.
February 20, 2020, 8:57 AM MST
NOVA Gas Transmission Ltd’s (NGTL) proposed $2.31 billion 2021 system expansion in northwestern Alberta is in the Canadian public interest, the Canada Energy Regulator (CER) has determined in recommending to the federal cabinet that it be approved with 34 conditions.
February 20, 2020, 8:51 AM MST
The Canada Energy Regulator (CER) has made recommendations to the Alberta and federal governments dealing with the cumulative effects of energy infrastructure projects in northwestern Alberta, including their effect on Indigenous peoples and woodland caribou.
February 20, 2020, 11:03 AM MST
Ovintiv Inc. has set its 2020 planned capital investment program at US$2.7 billion with 80 per cent of the spending allocated to development programs in the U.S. and more than 75 per cent earmarked for its three core assets — the Permian, Anadarko and Montney.
February 20, 2020, 10:32 AM MST
Ovintiv Inc.’s 2019 Montney liquids production grew substantially year-over-year to 52,100 bbls/d while overall output from the play increased to 207,300 boe/d from 190,700 boe/d a year earlier
February 20, 2020, 11:44 AM MST
Despite difficult times being experienced by many in the oilsands construction and maintenance sector, North American Construction Group Ltd. continues to perform well, with strong fourth quarter and year-end results, headlined by strong revenue growth.
February 20, 2020, 9:35 AM MST
This year’s World Economic Forum put a spotlight on some of the key issues that governments and industries are grappling with. Bringing together leaders from across the world, Davos 2020 focused on themes like ecology, society and industry, topics that are both timely and important to today’s organizations.
February 20, 2020, 6 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 20, 2020, as reported this morning by Rig Locator.
February 20, 2020, 11:50 AM MST
Peyto Exploration & Development Corp. noted that the coronavirus outbreak in China and an oversupply of natural gas in North America have caused commodity prices for WTI oil, NYMEX gas and AECO gas to fall sharply since Peyto announced its 2020 capital budget.
February 20, 2020, 7:44 AM MST
Kelt Exploration Ltd. has reduced its 2020 capital expenditure forecast to $225 million from $235 million, in part to reflect the planned 2020 expenditures that were brought forward and incurred in 2019.
February 20, 2020, 8:17 AM MST
February 20, 2020, 7:44 AM MST
The Daily Oil Bulletin has published the January edition of the On The Move newsletter.
February 20, 2020, 10:35 AM MST
Terry Anderson has been named ARC Resources Ltd.’s new chief executive officer.
February 20, 2020, 8:17 AM MST
Experienced in geological mapping, prospect generation, property evaluation, land sale analysis, evaluation of land expiries and well abandonment's, identification of by-passed pay and missed opportunities.
February 20, 2020, 6:52 AM MST
February 20, 2020, 10:45 AM MST
February 20, 2020, 10:50 AM MST
Gear Energy Ltd. reported record high annual production in 2019 thanks in part to its drilling program combined with the full impacts of its 2018 acquisition.
February 20, 2020, 3:11 PM MST
Repsol reported a drop in production in Canada for 2019.
February 20, 2020, 10 AM MST
Following up on the drilling of its initial horizontal oil well (13-33) in the fourth quarter of 2018, Pine Cliff Energy Ltd. drilled two gross (2.0 net) Pekisko horizontal oil wells during the fourth quarter of 2019.
February 20, 2020, 7:25 AM MST
February 20, 2020, 7:48 AM MST
February 20, 2020, 7:53 AM MST
February 20, 2020, 7:59 AM MST
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