Given Tourmaline Oil Corp.’s Deep Basin acquisitions on Wednesday, that complex will see more net capital investment, but the Montney will remain the main target for growth.
November 5, 2020, 10:27 AM MST
Methane emissions in Canada continue to decline but there remain significant opportunities for further reductions. The CERI Methane Emissions Management (MEM) course is targeted at executive and senior managers responsible for the natural gas portfolio.
November 5, 2020, 6 AM MST
Canadian upstream activity sprung to life in Q3 with a series of deals agreed involving ConocoPhillips, Canadian Natural Resources Limited and Whitecap Resources Inc., based on Evaluate Energy’s latest M&A report, available here.
November 5, 2020, 6 AM MST
Given the recent surge in North American merger and acquisition (M&A) activity including the blockbuster merger between Cenovus Energy Inc. and Husky Energy Inc., Canadian Natural Resource Limited’s top official believes it’s a trend that’s set to continue.
November 5, 2020, 11:47 AM MST
Despite the effects of COVID-19-related market disruption and mandatory production curtailments Canadian Natural Resources Limited achieved quarterly production volumes of 1.111 million boe/d in Q3, up from 1.176 boe/d a year earlier.
November 5, 2020, 10:46 AM MST
The Daily Oil Bulletin has published the October edition of the On The Move newsletter.
November 5, 2020, 9:27 AM MST
November 5, 2020, 11:09 AM MST
Crew Energy Inc. announced the second of two closings of its strategic transaction with a third party midstream company.
November 5, 2020, 3:41 PM MST
Seven lease parcels, covering 528 hectares, were sold at the Manitoba November sale for a bonus of $45,778.28.
November 5, 2020, 3:21 PM MST
Consolidation certainly seems to be coming to the oilfield drilling market, says Bob Geddes, president and chief operating officer, Ensign Energy Services Inc., although he is not purview to any related rumours at this moment.
November 5, 2020, 2:46 PM MST
Murphy Oil Corporation’s Duvernay shale assets at Kaybob are performing extremely well with production of 13,000 boe/d in the third quarter of 2020, giving the company considerable future flexibility, says the company’s chief executive.
November 5, 2020, 11:15 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 5, 2020, as reported this morning by Rig Locator.
November 5, 2020, 11:38 AM MST
With transient reservoir flow comes uncertainty. Anyone who's attempted to history match their well history with a reservoir model knows there are many possible reservoir descriptions and combinations of permeability, fracture size, etc that can produce beautiful history matches, but provide very different forecasts.
November 5, 2020, 6 AM MST
Spartan Delta Corp.’s capital expenditures are budgeted to be $40 – $43 million in 2021 and are expected to be fully funded by cash provided by operating activities.
November 5, 2020, 6:29 AM MST
In a very tough market for oilfield service providers, Calgary-based NCS Multistage Holdings Inc. reported a net loss of $5.86 million in the third quarter of 2020, compared to a gain of $3.62 million last year in the quarter.
November 5, 2020, 8:13 AM MST
Ensign Energy Services Inc. expects Canadian activity to increase, perhaps with some pressure to revenue rates, into the fourth quarter as the winter drilling season commences.
November 5, 2020, 7:46 AM MST
In 2020, PHX Energy Services Corp. expects to spend $27.5 million in capital expenditures, lower than the previously forecasted $30 million.
November 5, 2020, 7:29 AM MST
A smaller number of companies with a heightened focus on technology will characterize the industry as drilling activity recovers, although the timing of that recovery remains uncertain, says the chief executive officer of Pason Systems Inc.
November 5, 2020, 11:30 AM MST
November 5, 2020, 7:30 AM MST
November 5, 2020, 7:34 AM MST