Entering September, the active rate in Western Canada climbed from an average 10% to 14%, and remained at the latter activity level for the final two weeks of the month.
October 2, 2020, 8:49 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Oct. 1, 2020, as reported this morning by Rig Locator.
October 2, 2020, 11:20 AM MDT
The U.S. rig count is up five to 266 with oil rigs down up six to 189, gas rigs down one to 74, and miscellaneous rigs unchanged at three, according to Baker Hughes.
October 2, 2020, 11:08 AM MDT
October 2, 2020, 8 AM MDT
Until a few years ago, the Canadian oil & gas industry enjoyed more than 100 years of relatively steady progress. A business built on a model that expected demand to increase in lockstep with global population growth was upset when worldwide production outstripped demand and environmental concerns delayed much-needed midstream infrastructure
October 2, 2020, 7:40 AM MDT
October 2, 2020, 11:14 AM MDT
Large scale property acquisitions peaked in 2016–2017 led by China Molybdenum’s purchase of the Tenke Fungurume mine in the Democratic Republic of the Congo.
October 2, 2020, 7:44 AM MDT
Painted Pony Energy Ltd.’s shareholders and optionholders voted to approve its proposed takeover by Canadian Natural Resources Limited.
October 2, 2020, 4:21 AM MDT
Petrus Resources Ltd.’s board of directors approved a fourth quarter 2020 capital budget of $4.7 million, which includes the drilling of one (1.0 net) well.
October 2, 2020, 6 AM MDT
October 2, 2020, 10:42 AM MDT
October 2, 2020, 7:42 AM MDT
October 2, 2020, 7:51 AM MDT
October 2, 2020, 7:56 AM MDT
October 2, 2020, 8:04 AM MDT