Enbridge Inc.’s experience in developing Canadian renewable natural gas (RNG) projects, working with various stakeholders, is something the company can build upon, eventually taking it to the U.S. market, says management.
July 30, 2021, 11:04 AM MDT
Enbridge Inc. delivered solid Q2 2021 financial performance, with high utilization across its systems as a global economic recovery from COVID-19 continues, and the company provides essential access to reliable and affordable conventional (and renewable) energy throughout this critical period.
July 30, 2021, 9:31 AM MDT
Tourmaline Oil Corp. was the top operator across the basin during the first half of 2021 based on metres drilled, including experimental/test wells.
July 30, 2021, 9:52 AM MDT
Imperial Oil Limited’s upstream production for the second quarter averaged 401,000 gross boe/d, the company’s highest second quarter production in over 25 years.
July 30, 2021, 8:24 AM MDT
The application of Cenovus Energy Inc.’s operating techniques at the legacy Husky Energy Inc. Lloydminster thermal projects acquired at the beginning of this year resulted in record quarterly production of 97,700 bbls/d despite turnarounds at several of the operations.
July 30, 2021, 12 AM MDT
The Daily Oil Bulletin will not publish on Monday, Aug. 2, due to the Heritage Day holiday. We will resume publishing on Tuesday.
July 30, 2021, 12 AM MDT
Flush with free cash flow, Topaz Energy Corp. is on the hunt to build out its ever-expanding royalty and infrastructure business.
July 30, 2021, 10:44 AM MDT
ARC Resources Ltd. expects production in the second half of 2021 to average 335,000–350,000 boe/d (the company says it will be “approximately” 340,000 boe/d), with a revised forecast for full-year average production of 287,000–302,000 boe/d.
July 30, 2021, 9:16 AM MDT
David Holt has resigned from his position as senior vice-president and chief operating officer at ARC Resources Ltd., effective Aug. 27, 2021.
July 30, 2021, 12 AM MDT
At Glacier, the continued outperformance of new wells and available capacity in the Advantage Energy Ltd.-owned and operated Glacier Gas Plant provide flexibility to increase production while natural gas prices remain elevated.
July 30, 2021, 12 AM MDT
Andy Mah has confirmed his plan to retire from the role of chief executive officer of Advantage Energy Ltd., effective Dec. 31, 2021.
July 30, 2021, 12 AM MDT
With solid results from base production and the 2021 development program to date, Obsidian Energy Ltd. is lifting its capital spending plan.
July 30, 2021, 12 AM MDT
Obsidian Energy Ltd. reported improved financial results in Q2.
July 30, 2021, 12 AM MDT
Oil and gas operators are reporting the highest free cash flows in years midway into 2021, but that money is unlikely to find its way into rapid growth in capital spending, Calfrac Well Services Ltd. president and chief operating officer Lindsay Link told analysts on the company’s second quarter 2021 conference call on Thursday.
July 30, 2021, 7:57 AM MDT
Surging demand for lithium-ion batteries to power electric vehicles (EVs) and for energy storage applications could drive major economic growth across Canada, says a new report from the Battery Metals Association of Canada (BMAC).
July 30, 2021, 9:57 AM MDT
Cardinal Energy Ltd.’s second quarter production of 17,949 boe/d was five per cent higher than the same period in 2020.
July 30, 2021, 6 AM MDT
SCF Partners (SCF) announced that Variperm Canada Limited has acquired RGL Reservoir Management Inc. and its wholly owned subsidiary Pacific Perforating, Inc.
July 30, 2021, 12 AM MDT
Gear Energy Ltd. reported higher funds flow in the second quarter, while its net loss narrowed and production rose.
July 30, 2021, 12 AM MDT
Surge Energy Inc. touted its cash flow "torque" to rising crude oil prices in 2022.
July 30, 2021, 12 AM MDT
We are offering Task Force on Climate-related Financial Disclosures (TCFD) primer for oil and gas at a discounted price of US$360 until July 31, 2021. For more information or to register click here.
July 30, 2021, 10:06 AM MDT
We are offering the Navigating the new AER regulations for liability management course at a special early bird rate until July 31, 2021.
July 30, 2021, 10:07 AM MDT
CWC Energy Services Corp. reported a strong start to Q3 2021 with both the number of drilling rigs and service rigs back to the peak activity levels experienced this past winter in Q1 2021.
July 30, 2021, 7:23 AM MDT
Source Energy Services Ltd. grew market share in the Western Canadian Sedimentary Basin (WCSB), reporting Q2 sand sales volumes of 557,208 metric tonnes (MT) and sand revenue of $58.1 million.
July 30, 2021, 8:13 AM MDT
July 30, 2021, 8:59 AM MDT
July 30, 2021, 8:51 AM MDT
July 30, 2021, 12 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of July 30, 2021, as reported this morning by Rig Locator.
July 30, 2021, 11:32 AM MDT
The U.S. rig count is down three from last week to 488 with oil rigs down two to 385, gas rigs down one to 103, and miscellaneous rigs unchanged at zero.
July 30, 2021, 11:10 AM MDT
SNC-Lavalin closed the sale of a substantial portion of its resources oil & gas business on July 29, pursuant to the previously announced binding agreement with Kentech Corporate Holdings Limited dated Feb. 9, 2021.
July 30, 2021, 4:47 AM MDT
July 30, 2021, 12 AM MDT
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