While resources such as hydrogen, helium and geothermal will benefit oilfield service firms, as well as support the sustainable energy story in the future, none of their developments are yet mature enough to sustain even one crew for a year, and therefore they are not yet ready to provide the sort of sustainability workers would like to see in the industry, says Duncan Au, president and chief executive officer of CWC Energy Services Corp.
May 12, 2021, 6 AM MDT
A planned clean hydrogen plant, which would be built by Suncor Energy Inc. and ATCO Ltd. in the Industrial Heartland area north of Edmonton, will involve an investment of “multibillions of dollars” and could be akin to the birth of the oilsands industry, with multiple similar investments to follow, says ATCO’s senior executive.
May 12, 2021, 12 AM MDT
Crescent Point Energy Corp. says it is moving quickly to integrate the company’s newly acquired Duvernay assets into its operations.
May 12, 2021, 11:10 AM MDT
Canada is expected to report production gains of 340,000 bbls/d in 2021, with an exit rate of 5.9 million bbls/d, a record high, the International Energy Agency (IEA) noted today in its monthly oil report.
May 12, 2021, 12 AM MDT
Keyera Corp. preserved its strong financial position during the first quarter of 2021, maintaining $1.5 billion in available liquidity with minimal near-term debt maturities.
May 12, 2021, 10:27 AM MDT
The world is changing and the change is rapid. Everybody needs to adapt and evolve and become more aware of the ways we live and how that affects our future.
May 12, 2021, 6 AM MDT
Environmental, social and governance (ESG) continues to evolve as a strategic business imperative for organizations across all sectors.
May 12, 2021, 6 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 12, 2021, as reported this morning by Rig Locator.
May 12, 2021, 11:33 AM MDT
May 12, 2021, 7:44 AM MDT
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May 12, 2021, 11:19 AM MDT
Royal Helium Ltd. announced a “significant helium discovery” at the Climax helium project in Saskatchewan.
May 12, 2021, 6:06 AM MDT
NuVista Energy Ltd. commissioned the Pipestone North infrastructure project on March 15, 2021, ahead of schedule.
May 12, 2021, 6:43 AM MDT
Pipestone Energy Corp. kicked off its 2021 capital program with seven wells drilled and rig released and six wells completed during the first quarter of 2021.
May 12, 2021, 7:24 AM MDT
In total, 111 (3.9 net) wells were drilled on Freehold Royalties Ltd.'s royalty lands in Q1-2021, a 37 per cent decline on a gross measure versus the same period in 2020 but flat when compared to Q4-2020.
May 12, 2021, 7 AM MDT
Wolf Midstream announced a positive final investment decision to construct, own and operate a proprietary, integrated natural gas liquids (NGL) recovery, transportation and separation system, known as NGL North.
May 12, 2021, 8:30 AM MDT
Bonterra Energy Corp. invested $23.5 million in capital expenditures during Q1 2021.
May 12, 2021, 12 AM MDT
Prairie Provident Resources Inc. is encouraged by early production and test data from the first two wells of its 2021 capital program.
May 12, 2021, 1:47 PM MDT
May 12, 2021, 11:28 AM MDT
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May 12, 2021, 7:59 AM MDT
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