Tourmaline Oil Corp.’s full-year EP capital guidance has been increased to $1.19 billion from $1.075 billion following a spate of deals in the Montney.
May 18, 2021, 2:53 PM MDT
Operators licensed 275 wells last month, up 91 per cent from 144 wells authorized in April 2020, when permitting hit the skids due to the plunge in oil prices caused by the COVID-19 pandemic and the OPEC-Russia price war.
May 18, 2021, 12 AM MDT
Topaz Energy Corp. announced definitive agreements with Tourmaline Oil Corp. for the purchase of gross overriding royalty interests on approximately 535,000 gross acres in the NEBC Montney and working interest ownership in Tourmaline's Gundy infrastructure which is supported by a 10-year fixed take-or-pay commitment, for total cash consideration of $245 million.
May 18, 2021, 3:13 PM MDT
The International Energy Agency’s (IEA) first in-depth study into pathways for reducing emissions from the energy sector to reach net-zero greenhouse gas emissions by 2050 proposes that no investments in new fossil fuel supply projects be committed beyond 2021.
May 18, 2021, 7:49 AM MDT
While the International Energy Agency’s (IEA) Net Zero by 2050 roadmap published today offers a potentially existential threat to the oil and gas industry, it does posit some avenues forward for companies that can pivot to the energy sources of the rapidly changing future.
May 18, 2021, 11:36 AM MDT
The oral cross-examination for Enbridge Inc.’s Canadian Mainline contracting application is scheduled to begin on Wednesday.
May 18, 2021, 10:02 AM MDT
May 18, 2021, 11:09 AM MDT
Lessons from a new e-learning course on navigating Canada’s oil and gas regulatory process can be applied to all dealings with regulatory frameworks within North America.
May 18, 2021, 7:39 AM MDT
Few people seem to appreciate how extremely complex energy transition is. Is it possible to transition to a low carbon intensity energy system quickly, cheaply, and safely, given the realities of energy demand and existing technologies associated with `green’ energy?
May 18, 2021, 6 AM MDT
Shanghai Energy Corporation has applied under the Public Lands Act to transfer ownership of the dispositions listed below from Manitok Energy Inc.
May 18, 2021, 10:44 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 18, 2021, as reported this morning by Rig Locator.
May 18, 2021, 11:41 AM MDT
Halliburton Company and TGS-NOPEC Geophysical ASA will collaborate to bring advanced seismic imaging to fiber optic sensing.
May 18, 2021, 8 AM MDT
May 18, 2021, 8:07 AM MDT
May 18, 2021, 7:56 AM MDT
May 18, 2021, 11:19 AM MDT