Crescent Point Energy Corp. was the top operator across the basin during the first three months of 2020 based on metres drilled, including experimental/test wells. It also rig released the most wells.
April 30, 2020, 12 AM MDT
The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses on the advancement of collaboration within Canada’s energy industry. Today, we feature the best in Innovation and Technology Excellence in the subcategory of Digital Oilfield.
April 30, 2020, 6 AM MDT
Husky Energy Inc. will take a slow and cautious approach to increasing activity and spending once macroeconomic conditions begin to improve, says president and CEO Rob Peabody.
April 30, 2020, 12 AM MDT
Husky Energy Inc. will take “learnings gained” through implementing work from home strategies for the vast majority of its office staff during the COVID-19 crisis and could apply them sometime down the road, says the company’s top executive.
April 30, 2020, 12 AM MDT
ConocoPhillips’s Canadian segment reported a first quarter loss on Thursday, with capital spending also falling during the three-month period. The company also detailed production shut-ins at its Surmont operations in Canada, the Lower 48 and Alaska.
April 30, 2020, 11:14 AM MDT
The Petroleum Services Association of Canada (PSAC) has revised the number of wells it forecasts will be drilled (rig released) across Canada in 2020 to 3,100 wells, which represents a 31-per-cent decrease from PSAC’s original forecast for this year, which was released in October 2019.
April 30, 2020, 10:58 AM MDT
Colombia’s knack for innovation and cultivating a stable, positive relationship with its E&P industry at large have been key factors for the nations success in attracting foreign investment.
April 30, 2020, 6 AM MDT
Whitecap Resources Inc. expects that one million to 1.5 million bbls/d of Canadian production will be suspended, Grant Fagerheim, president and chief executive officer, said in a conference call to discuss first quarter 2020 results.
April 30, 2020, 6 PM MDT
Pason Systems Inc. now intends to spend approximately $10 million in capital expenditures in 2020, which includes the capitalized portion of R&D, down from $25 million announced at the beginning of the year.
April 30, 2020, 3:07 PM MDT
Declines in capital investment in Canada’s oil and gas industry, combined with technological changes, have had a negative impact on the oil and gas supply chain since the oil price collapse in late 2014.
April 30, 2020, 7:28 AM MDT
JWN Energy, publisher of the Daily Oil Bulletin, in partnership with the Canadian Society for Unconventional Resources (CSUR), hosted a webinar on April 23 on the theme of opportunities in the natural gas supply chain brought about by Canadian LNG projects, and in particular West Coast facilities.
April 30, 2020, 10:36 AM MDT
The Ridley Island Propane Export Terminal (RIPET) contributed $27 million of normalized EBITDA in the first quarter of 2020 on exports of 35,141 bbls/d for delivery to Asian markets, reported AltaGas Ltd.
April 30, 2020, 6:50 AM MDT
Precision Drilling Corporation’s Q1 2020 results were only nominally impacted by the oil-price collapse, says top brass, but the company expects a significant and sustained reduction in customer demand for oil and gas services well into next year.
April 30, 2020, 7:18 AM MDT
Irving Oil Commercial GP has filed applications with the Canadian Transportation Agency (CTA) in order to transport Canadian crude to its Saint John, New Brunswick refinery via three separate routes.
April 30, 2020, 9:15 AM MDT
A total of 83 confirmed cases of COVID-19 have been identified in an outbreak at Imperial Oil Limited’s Kearl Lake oilsands mine, Alberta’s chief medical officer of health said Wednesday.
April 30, 2020, 12 AM MDT
Gain fresh insight into contract pricing and changing E&P oil and gas hedging trends in this insightful 30-minute webinar from Evaluate Energy analysts. This will include estimates of the financial impact hedging will have on upstream industry earnings.
April 30, 2020, 6 AM MDT
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April 30, 2020, 10:36 AM MDT
The Canadian Association of Oilwell Drilling Contractors (CAODC) has joined several other industry organizations to form the Geothermal Collaboration Network in an effort to broaden the scope of work for its members.
April 30, 2020, 7:24 AM MDT
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April 30, 2020, 8:22 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 30, 2020, as reported this morning by Rig Locator.
April 30, 2020, 11:34 AM MDT
Bonterra Energy Corp.’s syndicate of lenders has confirmed an extension to the company's annual bank facility review and redetermination date to May 29 from April 28.
April 30, 2020, 7:37 AM MDT
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