Not so long ago, in situ oilsands production was little more than a dream in the eye of Alberta’s petroleum producers. Years of government and industry-funded research cracked that nut with the development of steam assisted gravity drainage (SAGD) that has created a multibillion-dollar industry paying dividends to both producers and governments for two decades.
April 1, 2020, 6 AM MDT
The Keystone XL pipeline which is essential for the economic future of Alberta would not be built — at least not for the foreseeable future — without financial assistance from the provincial government, Premier Jason Kenney said Tuesday.
April 1, 2020, 12 AM MDT
The scares of the duo-threat of COVID-19 and the current price war is dynamic and industry-wide, but junior and smaller intermediate companies in Canada’s oilpatch are more vulnerable than their larger brethren.
April 1, 2020, 9:22 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 1, 2020, as reported this morning by Rig Locator.
April 1, 2020, 11:40 AM MDT
The COVID-19 pandemic has changed our world overnight. We are all dealing with tremendous change and uncertainty in all aspects of our lives.
April 1, 2020, 7:31 AM MDT
At a time when it feels like all we can see are problems, it is worth taking a moment to think about what solutions should come next.
April 1, 2020, 6 AM MDT
With the COVID-19 pandemic and breakdown of OPEC supply management causing oil prices to drop to record lows, Canada’s oil and gas industry is once again in crisis.
April 1, 2020, 6 AM MDT
This week’s DOB Backstory comes from the April 15, 1946 Daily Oil Bulletin.
April 1, 2020, 6 AM MDT
April 1, 2020, 8:21 AM MDT
April 1, 2020, 11:14 AM MDT
April 1, 2020, 11:06 AM MDT
April 1, 2020, 10:57 AM MDT
As a result of the COVID-19 pandemic, Yangarra Resources Ltd.’s Calgary office has been reduced to two people with the remainder of the team working remotely to ensure the business continues to function and employees stay safe.
April 1, 2020, 5:17 PM MDT
Petrus Resources Ltd.’s planned disposition of its oil and natural gas interests in the Foothills area has been canceled by the buyer.
April 1, 2020, 7:22 AM MDT
April 1, 2020, 12 AM MDT
Tervita Corporation is reducing its 2020 capital budget to $60 million, down 29 per cent from its previously-announced budget, in response to less customer spending in light of COVID-19 and collapsing global oil prices. The company is also reducing its staff as part of efforts to reduce fixed costs.
April 1, 2020, 7:30 AM MDT
Murphy Oil Corporation has made an additional reduction in the 2020 capital plan down to the new midpoint of $780 million from the previously announced $950 million in March 2020.
April 1, 2020, 5:21 PM MDT
April 1, 2020, 11:54 AM MDT
April 1, 2020, 7:47 AM MDT
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April 1, 2020, 7:58 AM MDT
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