Operators across Canada licensed 281 new wells in September, the highest monthly tally for 2020 since February, after which industry activity was flattened due to the twin effects of COVID-19 and the OPEC+ price war.
October 14, 2020, 10:47 AM MDT
Canadian oil supply declined by 70,000 bbls/d in August as synthetic crude production fell by 95,000 bbls/d month-on-month to 890,000 bbls/d, the International Energy Agency (IEA) reported this morning in its monthly oil report.
October 14, 2020, 6 AM MDT
The Canada Energy Regulator (CER) has approved as filed an application from Alliance Pipeline Ltd. for higher tolls and tariff amendments reflecting the annual update of pipeline abandonment surcharges to be effective Nov. 1, 2020.
October 14, 2020, 10:13 AM MDT
For Melvina Stacey the oil and gas industry represented opportunity. It meant moving away from her native Newfoundland, but it also meant opportunities for a young woman interested in the health and safety field.
October 14, 2020, 7:35 AM MDT
Optimally, Canadian hydrogen production will leverage existing energy assets, repurposing or reusing orphaned or inactive wells in a way that is both economically and environmentally sound, according to one Avatar Program team’s final presentation: Hydrogen in the New Energy Future.
October 14, 2020, 7:12 AM MDT
Cor4 Oil Corp. (“Cor4” or the “Company”) has engaged Sayer Energy Advisors to assist with the sale of certain long-life, shallow natural gas assets located in southern Alberta (the “Properties”).
October 14, 2020, 6:36 AM MDT
If there is one thing the COVID-19 pandemic has made readily apparent, it is the importance of digital technology to run our economy and enhance our wellbeing.
October 14, 2020, 6:45 AM MDT
This place we call home, Canada, is outstanding in so many ways. From the landscapes to the mountains to the seascapes, coast to coast to coast, we are so fortunate to live and work in such an extraordinary place.
October 14, 2020, 6:32 AM MDT
In an industry never short of challenges, dissolvable technology has adapted admirably. Today, it’s a common component of well completions, particularly effective in long laterals with higher stage density.
October 14, 2020, 6:34 AM MDT
Annapolis Capital Limited announces the combination of two of its portfolio companies — Tyrannex Energy Ltd. and Tempus Energy Ltd. — to form Amicus Petroleum Inc.
October 14, 2020, 9:20 AM MDT
October 14, 2020, 8:45 AM MDT
October 14, 2020, 8:01 AM MDT
Cathedral Energy Services Ltd.’s president, chief executive officer and interim chief financial officer, Scott MacFarlane, intends to retire from the company “with a timeline of April 2021.”
October 14, 2020, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Oct. 14, 2020, as reported this morning by Rig Locator.
October 14, 2020, 11:36 AM MDT
October 14, 2020, 11:04 AM MDT
With minimal capital spending, Clearview Resources Ltd. has been able to use the majority of its adjusted funds to reduce bank deb while still maintaining production at approximately 2,025 boe/d for the third quarter of 2020.
October 14, 2020, 9:24 AM MDT
Journey Energy Inc. reached an agreement with its syndicate of lenders to extend the current forbearance period until Oct. 30, 2020.
October 14, 2020, 12 AM MDT
October 14, 2020, 11:25 AM MDT
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October 14, 2020, 10:59 AM MDT
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