A flurry of M&A activity the last three years has shifted the landscape in the Duvernay shale play in west-central Alberta, with new technical teams re-evaluating the resource and building on past efforts to create updated development schemes to economically recover the massive resource in place.
September 13, 2023, 9:26 AM MDT
In 2022, there were a total of 6,926 wells that were spudded across British Columbia, Alberta and Saskatchewan with the Licensed Substance as gas or oil. Of these wells, 3,037 were put on production by year-end.
September 13, 2023, 9:30 AM MDT
When asked about the perception Canada is slipping from the role it once occupied relative to other jurisdictions in carbon capture utilization and storage, Candice Paton brought up a common job interview question and answer.
September 13, 2023, 4:31 AM MDT
An actuator designed to address methane leak concerns is stepping into the commercial production stage for energy use cases.
September 13, 2023, 6 AM MDT
Digital innovation in oil and gas has experienced a remarkable surge in well construction advancements, demanding new techniques and competencies for field crews working on land rigs.
September 13, 2023, 6 AM MDT
To say that Canada’s energy sector has become a highly digital environment is an understatement.
September 13, 2023, 6 AM MDT
World oil demand remains on track to grow by 2.2 million bbls/d in 2023 to 101.8 million bbls/d, led by resurgent Chinese consumption, jet fuel and petrochemical feedstocks, the International Energy Agency (IEA) noted in its September Oil Market Report.
September 13, 2023, 12 AM MDT
Canadian oil supply is estimated to have risen by 190,000 bbls/d month on month in July to 5.7 million bbls/d, according to the International Energy Agency (IEA), primarily from increases in bitumen mining and upgrader output.
September 13, 2023, 12 AM MDT
The special events at the 24th World Petroleum Congress are a perfect opportunity to forge business connections with attendees from all over the globe.
September 13, 2023, 7:53 AM MDT
September 13, 2023, 9:46 AM MDT
ConocoPhillips advanced its LNG strategy in the first half of 2023, completing the acquisition of an equity interest in Qatar’s North Field South project and agreeing to an offtake deal with the planned Saguaro LNG export facility in Mexico.
September 13, 2023, 12 AM MDT
WSG Energy Services (WSGES) has expanded operations in North America by acquiring Servco Industrial Contractors (SIC) for an undisclosed sum.
September 13, 2023, 12 AM MDT
Momentum is quickly growing as the 24th World Petroleum Congress is only days away.
September 13, 2023, 12 AM MDT
Global leaders and innovators will address today's energy challenges and shape tomorrow's sustainable future at the inaugural Future of Energy Global Summit later this month.
September 13, 2023, 12 AM MDT
Lycos Energy Inc. is acquiring Durham Creek Exploration Ltd. (DCEL), a privately-held, arm's length, heavy oil producer for $22.5 million.
September 13, 2023, 2:45 PM MDT
A new regulatory course will help ensure operators avoid common errors and maximize application approvals when submitting applications for pipelines, wells and facilities in Alberta’s oil and gas sector.
September 13, 2023, 12 AM MDT
September 13, 2023, 12 AM MDT
Helium Evolution Incorporated’s farm-in partner, North American Helium Inc. (NAH), has served the company notice of its intention to drill a joint well on the lands NAH earned pursuant to the farm-out agreement on Oct. 21, 2022.
September 13, 2023, 12 AM MDT
September 13, 2023, 12 AM MDT
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