In Canada, the most active drilling rigs belong to just five drilling companies, says Kevin Neveu, president and chief executive officer of Precision Drilling Corporation. Therefore, when rationalization occurs in this segment of the energy sector, it will start with smaller companies cannibalizing rigs that are non-marketable.
October 23, 2020, 7:16 AM MDT
The Alberta government will stop setting monthly oil production limits to allow producers to utilize available pipeline capacity, the province announced this morning.
October 23, 2020, 5:18 AM MDT
Mark Ashton has an unusual academic background for someone who is involved in the Canadian oil and gas industry, but that hasn’t stopped him from succeeding in a sector facing challenges.
October 23, 2020, 8:16 AM MDT
Trucking and logistics company Mullen Group Ltd. has recalled most of its employees but its overall workforce level remains lower than pre-COVID, says its president and chief executive officer.
October 23, 2020, 10 AM MDT
This informative two-day conference and 3-hour workshop will bring together stakeholders from government organizations, regulatory bodies, oil and gas producing companies, service and supply companies, research centres, and academic institutions to discuss and collaborate on various aspects of oil and gas methane emission detection, mitigation, and reporting, such as: regulations, policies, research, technology development and deployment, and best practices, to meet the 45% methane reduction target by 2025.
October 23, 2020, 6 AM MDT
Automation and AI together can augment your core strengths, supplement your weaknesses and empower your people to focus on what is important. Plus, automation can provide immediate ROI including short term payback on costs.
October 23, 2020, 6 AM MDT
October 23, 2020, 7:52 AM MDT
The federal and Alberta governments have signed a conservation agreement under the Species at Risk Act, committing to actions that support woodland caribou recovery in province.
October 23, 2020, 9 AM MDT
October 23, 2020, 8:11 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Oct. 23, 2020, as reported this morning by Rig Locator.
October 23, 2020, 11:42 AM MDT
The U.S. rig count is up five to 287 with oil rigs up six to 211, gas rigs down one to 73, and miscellaneous rigs unchanged at three, according to Baker Hughes.
October 23, 2020, 11:08 AM MDT
October 23, 2020, 11:13 AM MDT
October 23, 2020, 8:15 AM MDT
October 23, 2020, 7:48 AM MDT
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