To the end of April, operators have licensed 2,305 wells across Canada — an increase of 38 per cent from 1,676 permits issued in the year-prior period.
May 12, 2023, 12 AM MDT
The Daily Oil Bulletin is seeking feedback from the energy industry about what the priorities for the next Alberta provincial government should be with regard to energy policy.
May 12, 2023, 12 AM MDT
Crescent Point Energy Corp. has begun to restore some of the 45,000 boe/d of output from its Kaybob Duvernay assets in the Fox Creek area that was temporarily shut-in in response to the Alberta wildfires.
May 12, 2023, 11:20 AM MDT
STEP Energy Services Ltd. expects North American pressure pumping activity to slightly increase in the remainder of 2023 and then pick up the pace in 2024 as operators invest in new production in anticipation of LNG exports, company president and chief executive officer Steve Glanville told analysts at the company’s first quarter conference call.
May 12, 2023, 12 AM MDT
May 12, 2023, 12 AM MDT
A heavy oil production hike drove 64 per cent year-over-year overall production gains for Tamarack Valley Energy Ltd. in the first three months of 2023.
May 12, 2023, 7:44 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of the afternoon of May 12, 2023 as reported this morning by Rig Locator.
May 12, 2023, 11:35 AM MDT
The U.S. rig count is down 17 from last week to 731 with oil rigs down two to 586, gas rigs down 16 to 141 and miscellaneous rigs up one to four.
May 12, 2023, 11:26 AM MDT
TC Energy Corporation continues to progress its remediation at the Keystone Milepost-14 incident site in Washington County, Kansas.
May 12, 2023, 3:24 PM MDT
With increased federal and provincial investment in CCUS technologies, more and more O&G companies are considering CCUS initiatives.
May 12, 2023, 6 AM MDT
Nearly a decade after entering the Permian Basin, Ovintiv Inc. continues to find ways to improve well productivity and oil recovery, executive VP and chief operating officer Greg Givens told analysts at the company’s first quarter conference call.
May 12, 2023, 10:23 AM MDT
Hammerhead Energy Inc. produced a record 39,992 boe/d (47 per cent liquids) for Q1, in line with annual guidance for 2023.
May 12, 2023, 12 AM MDT
Rubellite Energy Inc.’s board of directors has approved capital spending for the remainder of 2023 of $30 to $32 million to drill, complete, equip and tie-in an additional 17 (17.0 net) multi-lateral development / step-out wells at Figure Lake and $4 to $6 million to drill up to three (2.0 net) multi-lateral Northern exploratory wells.
May 12, 2023, 12 AM MDT
Headwater Exploration Inc. has continued to report exceptional success in the Marten Hills West area.
May 12, 2023, 12 AM MDT
Bonterra Energy Corp. is actively monitoring the wildfire situation near its operations in the Pembina area within Brazeau County.
May 12, 2023, 12 AM MDT
Cardinal Energy Ltd.’s production increased five per cent over the same period in 2022 due to ongoing strong base performance and excellent 2022 drilling results across its asset base.
May 12, 2023, 6:23 AM MDT
The current price environment and outlook for the remainder of the year is materially lower than the assumptions used to develop Petrus Resources Ltd.’s 2023 capital budget.
May 12, 2023, 6:11 AM MDT
Cathedral Energy Services Ltd.’s 2023 net capital program has been lowered to approximately $36 million down from the $46 million previously announced, excluding any potential acquisitions.
May 12, 2023, 7:06 AM MDT
High Canadian drilling rig utilization, combined with strong performance in its service rig, compression and process services, and equipment rental businesses across North America, resulted in a record first quarter for Total Energy Services Inc.
May 12, 2023, 9:57 AM MDT
May 12, 2023, 10:09 AM MDT
May 12, 2023, 12 AM MDT
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