After seven years as the president and CEO of the Canadian Association of Petroleum Producers (CAPP), Tim McMillan has informed the CAPP board of governors he intends to step down from that role.
November 4, 2021, 2:58 PM MDT
Canadian Natural Resources Limited is constantly looking for enhancements to reduce its energy use, says Tim McKay, president, especially in light of higher commodity prices.
November 4, 2021, 12:46 PM MDT
Higher oil and gas prices have put drilling crews back to work across North America but don’t expect a rapid increase in activity in the next few years, Pason Systems Inc. president and chief executive officer Jon Faber told analysts at the company’s third quarter conference call Thursday morning.
November 4, 2021, 1:04 PM MDT
Helium is a rare commodity, necessary for important industries and technologies in North America, says Marlon McDougall, president and chief operating officer, North American Helium Inc. As such, this resource is a growing opportunity for Canada’s energy sector that will not replace oil and gas, but certainly is complementary.
November 4, 2021, 6 AM MDT
North American Helium Inc. focuses on Saskatchewan for various reasons, says Marlon McDougall, president and chief operating officer, including due to the provincial government’s approach to helium — something that other jurisdictions could model to support this burgeoning Canadian industry.
November 4, 2021, 6 AM MDT
November 4, 2021, 12 AM MDT
Canadian Natural Resources Limited delivered strong financial and operational results during the third quarter, says top brass, thanks to effective and efficient operations combined with disciplined capital allocation.
November 4, 2021, 7:26 AM MDT
Tourmaline Oil Corp. generated record cash flow and free cash flow during the third quarter and expects to achieve its forecast exit production target earlier than anticipated.
November 4, 2021, 10:23 AM MDT
At Tupper Montney in Q3, Murphy Oil Corporation’s natural gas production averaged 292 mmcf/d.
November 4, 2021, 6:58 AM MDT
During the third quarter, the working interest operators on Topaz Energy Corp.’s royalty acreage continued their active drilling operations.
November 4, 2021, 3:13 PM MDT
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November 4, 2021, 8:16 AM MDT
November 4, 2021, 10:33 AM MDT
The Saskatchewan government announced that pipelines transporting carbon dioxide (CO2), whether for carbon capture utilization and storage (CCUS) or enhanced oil recovery (EOR), are now eligible for the provincial Oil Infrastructure Investment Program (OIIP).
November 4, 2021, 10:52 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 4, 2021 as reported this morning by Rig Locator.
November 4, 2021, 11:27 AM MDT
Yangarra Resources Ltd. drilled seven wells and completed seven wells during the third quarter and has continued to execute on the full-year capital program with well costs averaging at or below previous guidance.
November 4, 2021, 12 AM MDT
Surge Energy Inc. continues to reduce the impact of its operations on the environment and reported that it has abandoned over 190 wells in the first nine months of 2021.
November 4, 2021, 12 AM MDT
Paramount Resources Ltd. says its 2022 capital budget is expected to range between $500 million and $540 million, excluding land acquisitions and abandonment and reclamation activities, an increase of $165 million at midpoint from preliminary guidance.
November 4, 2021, 6 AM MDT
Baytex Energy Corp. is “intensely focused on maintaining capital discipline.”
November 4, 2021, 3:28 PM MDT
The post pandemic pick-up in drilling across North America resulted in a major turnaround in the fortunes of integrated drilling data solutions provider Pason Systems Inc. in the third quarter of 2021.
November 4, 2021, 9:14 AM MDT
PHX Energy Services Corp. has again increased its 2021 capital expenditure program, this time to $43 million from $35 million.
November 4, 2021, 12 AM MDT
STEP Energy Services Ltd. generated revenue of $133.2 million in the third quarter of 2021 (Q3 2020 - $62.4 million, Q2 2021 - $107 million), which is STEP’s strongest quarter since the start of the COVID-19 pandemic in early 2020.
November 4, 2021, 4:53 AM MDT
STEP Energy Services Ltd. announced that Brock Duhon will step down as president, United States Operations.
November 4, 2021, 4:58 AM MDT
Essential Energy Services Ltd.’s revenue for Q3 was $33.5 million, $14.3 million higher than the same prior year quarter due to higher activity as a result of improved industry activity.
November 4, 2021, 5:07 AM MDT
Southwestern Energy Company has entered into a definitive agreement with the third largest private Haynesville producer GEP Haynesville, LLC under which it will acquire GEP for approximately $1.85 billion.
November 4, 2021, 7:44 AM MDT
China Petroleum & Chemical Corporation (Sinopec) has signed a 20-year LNG contract with U.S. LNG producer and exporter Venture Global LNG to purchase four million tons of LNG a year.
November 4, 2021, 7:49 AM MDT
November 4, 2021, 7:34 AM MDT
Canada, alongside other major economies such as the United States and the United Kingdom and 21 other countries, has signed the Statement on International Public Support for the Clean Energy Transition at the COP26 climate change conference in Glasgow.
November 4, 2021, 7:38 AM MDT
C-FER Technologies is teaming up with TWI Ltd. of Cambridge, U.K. and the Sumitomo Corporation of Tokyo, Japan to launch a Joint Industry Project (JIP) with pipeline operators and line pipe manufacturers to evaluate the suitability of natural gas pipeline networks for transporting hydrogen.
November 4, 2021, 11:05 AM MDT
On Nov. 3, 2021, Environment and Climate Change Canada laid three charges against Husky Oil Operations Limited.
November 4, 2021, 9:52 AM MDT
November 4, 2021, 12 AM MDT
November 4, 2021, 12 AM MDT
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