Operators across the country licensed 277 new wells last month, down from 642 a year ago, and about level with September 2020 when 281 wells were permitted.
November 13, 2020, 10:46 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 13, 2020, as reported this morning by Rig Locator.
November 13, 2020, 11:36 AM MST
While managing COVID during construction at Inter Pipeline Ltd.’s Heartland Petrochemical Complex has had an impact, the project remained on track in the third quarter of 2020, within the $4 billion revised budget and an expected in-service date of early 2022.
November 13, 2020, 11:21 AM MST
Pieridae Energy Limited showed resilience in its Q3 2020 results during a time of COVID-19 and harsh impacts on the energy sector, says management, even as the company completed planned asset maintenance in the quarter that had been deferred due to the pandemic.
November 13, 2020, 9:52 AM MST
Less than a year ago, it’s unlikely any forecaster would have predicted that global oil demand would drop below 92 million barrels per day in the next decade or two — let alone in a few months. While the industry is optimistic that global demand for oil will increase in the months ahead, how quickly and by how much is still uncertain.
November 13, 2020, 6 AM MST
The fourth quarter of 2020 includes a planned development capital program by InPlay Oil Corp. that begins with the drilling of three 100 per cent working interest ERH Cardium wells in Willesden Green and construction of the associated required infrastructure.
November 13, 2020, 5:32 AM MST
Continuing strong performance of the Prince George Refinery (PGR) which achieved 95 per cent utilization and the Pipestone gas plant helped Tidewater Midstream and Infrastructure Ltd. achieve record third quarter results in 2020.
November 13, 2020, 6:41 AM MST
The U.S. rig count is up 12 to 312 with oil rigs up 10 to 236, gas rigs up two to 73, and miscellaneous rigs unchanged at three, according to Baker Hughes.
November 13, 2020, 11:34 AM MST
November 13, 2020, 11:15 AM MST
November 13, 2020, 11:19 AM MST
Inter Pipeline Ltd. has successfully closed the sale of the majority of its European bulk liquid storage business to the CLH Group for cash consideration of £420 million, subject to customary closing adjustments.
November 13, 2020, 8:51 AM MST
Prairie Provident Resources Inc. announced that Tim Granger, chief executive officer and a director of the company, has decided to retire after almost eight years of service to PPR and its predecessor, Lone Pine Resources.
November 13, 2020, 9:14 AM MST
November 13, 2020, 7:44 AM MST
November 13, 2020, 7:37 AM MST