Governments across Canada licensed 980 new wells in the first quarter of 2021 — down 30 per cent from 1,396 licences approved in the first three months of last year, but March’s tally is up 21 per cent from a year ago.
April 19, 2021, 9:38 AM MDT
A technology that had its origins nearly a decade ago with a physics principle in the mind of its inventor could provide a more energy efficient and lower cost artificial lift pump for the oil and gas industry.
April 19, 2021, 7:07 AM MDT
The federal government’s budget tabled on Monday afternoon proposes to introduce an investment tax credit for capital invested in carbon capture, utilization, and storage (CCUS) projects with the goal of reducing emissions by at least 15 megatonnes of CO2 annually.
April 19, 2021, 3:10 PM MDT
Trican Well Service Ltd. said it will build and operate the first next generation, low emissions fracturing spread in Canada.
April 19, 2021, 5:31 AM MDT
Trans Mountain Pipeline ULC confirmed that it has reviewed and assessed the agreed alternative construction and routing approach in the Lightning Rock, and intends to implement the associated construction methodology, routing and mitigation measures.
April 19, 2021, 9:11 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of April 19, 2021, as reported this morning by Rig Locator.
April 19, 2021, 11:45 AM MDT
An operator working in a geologically challenging area successfully installed its multi-stage completion system by partnering with Packers Plus Energy Services to combine the liner hanger with a stage tool to cement the heel and build section of a well.
April 19, 2021, 6:26 AM MDT
White Whale Analytics Ltd.’s latest machine-learning technology, DeepSea, centres around well production analysis that can accurately forecast estimated ultimate recovery of more than 10,000 wells in under three minutes.
April 19, 2021, 6:29 AM MDT
XPRIZE announced that CarbonCure Technologies and CarbonBuilt have won the $20 million NRG COSIA Carbon XPRIZE, a prize that set out to convert CO2 emissions into valuable products.
April 19, 2021, 6 AM MDT
First quarter 2021 exploration and development activity was up from Q4 2020 but remained below Q1 2020 levels prior to the onset of the COVID-19 pandemic, PrairieSky Royalty Ltd. reported in Q1 results released on Monday afternoon.
April 19, 2021, 2:34 PM MDT
Gibson Energy Inc. announced today that it has become the first public energy company in North America to fully transition its principal syndicated revolving credit facility into a sustainability-linked revolving credit facility.
April 19, 2021, 8:52 AM MDT
NXT Energy Solutions Inc. has acquired the SFD technology rights for geothermal resources from George Liszicasz, president and CEO of NXT, and who is the inventor of the SFD technology.
April 19, 2021, 5:39 AM MDT
Capstone Infrastructure Corporation and its partner Obton A/S announced that the132MWac Claresholm solar project achieved commercial operation and is now producing clean, renewable power.
April 19, 2021, 5:22 AM MDT
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April 19, 2021, 6:15 AM MDT