It seems the days of developing an outlook for Canadian light-heavy crude oil price differentials based primarily on fundamental factors (North American supply/demand/inventories) has become even more difficult than it used to be.
October 31, 2022, 9:12 AM MDT
After a challenging start to 2022 related to extreme cold weather conditions and unplanned downtime in the first quarter, Imperial Oil Limited says operations and output at Kearl continue to recover and the asset set a daily production record of more than 350,000 bbls in October.
October 31, 2022, 6 AM MDT
Unlike many oil and gas producers, Imperial Oil Limited’s top executive says the company is staying the course with its capital spending plans despite inflationary pressures that have impacted the sector and resulted in many operators increasing spending.
October 31, 2022, 6 AM MDT
Workloads and revenues for service rigs are increasing as operators undertake delayed well maintenance work and asset retirement activity climbs, Precision Drilling Corporation president and chief executive officer Kevin Neveu told analysts at the company’s third quarter 2022 conference call.
October 31, 2022, 7:48 AM MDT
During the early half of 2022 the Canadian oil commodities market experienced a shakeup. As a result, the Daily Oil Bulletin has changed the Selected Oil And Gas Prices report (here) and the Oil And Gas Prices dashboard (here).
October 31, 2022, 12 AM MDT
High transportation costs, combined with weakness in butane prices, sunk AltaGas Ltd.’s midstream profitability in the third quarter of 2022.
October 31, 2022, 6 AM MDT
Members of the Canadian Association of Energy Contractors (CAOEC) booked 45,470 operating days in the first nine months of 2022, up 37 per cent from 33,221 operating days in the comparable period last year, Rig Locator records show.
October 31, 2022, 10:37 AM MDT
Rig activity was steady during October, according to Rig Locator.
October 31, 2022, 7:26 AM MDT
CWC Energy Services Corp. posted record results for Q3 2022, with the company achieving a new milestone with quarterly record revenue, adjusted EBITDA and net income.
October 31, 2022, 12 AM MDT
For the three months ended Sept. 30, 2022, Pulse Seismic Inc. generated $2.2 million of revenue compared to $8.9 million for the same period in 2021.
October 31, 2022, 11:05 AM MDT
October 31, 2022, 12 AM MDT
Avanti Helium Corp. has spud its third helium well, WNG 10-21, an appraisal well on its Greater Knappen property, located in Montana.
October 31, 2022, 6:44 AM MDT
October 31, 2022, 12 AM MDT
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