Hydrogen provides an opportunity for energy companies to innovate, diversify and attract new investments, and blending hydrogen gas into existing pipelines would let producers quickly access lucrative West Coast and overseas markets.
September 16, 2020, 9:22 AM MDT
Stay-at-home mandates due to COVID-19 closed offices across the oilpatch earlier this spring — months later, some companies are giving their staff more flexibility to continue to work from home.
September 10, 2020, 9:13 AM MDT
Merger and acquisition (M&A) activity in the Montney has steadily increased over the past year and that likely signals the continuation of a trend of consolidation in the liquids-rich play, say analysts and other industry experts.
August 31, 2020, 7:29 AM MDT
Pipestone Energy Corp. was notified by Keyera Corp. on Aug. 17, 2020 of an issue related to the waste heat recovery system at the Keyera Wapiti gas plant, resulting in an unplanned outage.
August 25, 2020, 2:27 PM MDT
The Canada Energy Regulator (CER) has refused a NOVA Gas Transmission Ltd. (NGTL) request that it hold a hearing into an application from Westcoast Energy Inc. for additional metering capability at its existing Sunset Creek compressor station (CS-16).
August 21, 2020, 10:20 AM MDT
Following the closing of what it called a “transformational acquisition” in the second quarter, Spartan Delta Corp. is aiming to capitalize on both organic growth and strategic acquisitions.
August 20, 2020, 9:42 AM MDT
Waterous Energy Fund will combine private operators Strath Resources Ltd. and Cona Resources Ltd. to form the new Strathcona Resources Ltd.
August 14, 2020, 7:22 AM MDT
Birchcliff Energy Ltd. believes that commodity prices for natural gas will continue to strengthen towards the end of 2020 and into 2021 as a result of the massive reductions in capital spending throughout North America due to the reduced demand for oil and volatile commodity prices.
August 13, 2020, 9:24 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 10, 2020, as reported this morning by Rig Locator.
August 10, 2020, 11:46 AM MDT
Crew Energy Inc. has increased the 2020 exploration and development budget to $75-85 million, reflecting an anticipated 10-day turnaround at the Septimus processing facility and a 30-day turnaround at the McMahon gas plant.
August 10, 2020, 8:59 AM MDT
Paramount Resources Ltd. has realized significant cost savings in its capital program through its continuing focus on well design, increased efficiencies and lower vendor rates, while not compromising on completion effectiveness.
August 6, 2020, 8:33 AM MDT
For the second quarter, ConocoPhillps curtailed 30,000 bbls/d at Surmont.
July 30, 2020, 6:47 AM MDT
Seven Generations Energy Ltd. is forecasting lower sustaining capital requirements going forward, predominately driven by enduring cost savings that are now part of its business model.
July 29, 2020, 11:10 AM MDT
Tourmaline Oil Corp., as planned in the 2020 maintenance capital budget, is currently operating the full 10 rig drilling fleet across Alberta and northeast B.C.
July 29, 2020, 3:18 PM MDT
After the slowest second quarter on record, the start of the summer has seen only a muted uptick in Canadian industry activity, although more rigs are expected online in the coming days, says the chief executive officer of Precision Drilling Corporation.
July 24, 2020, 10:28 AM MDT
July 22, 2020, 3:34 PM MDT
You’d think Source Energy Services Ltd., Canada’s largest frac sand provider, would have enough of a logistics challenge transporting its northern white sand about 2,100 kilometres by rail from the three mines it owns in Wisconsin.
July 22, 2020, 9:39 AM MDT
Fulfilling asset retirement obligations associated with acquisitions is very important for Spartan Delta Corp., says top brass, as the company produces more than 25,000 boe/d from recently-bought Alberta assets.
July 10, 2020, 9:17 AM MDT
Spartan Delta Corp.’s current production is estimated at 26,000 boe/d, primarily from the Ferrier and Willesden Green areas, compared to 25,000 boe/d (30 per cent oil and natural gas liquids) estimated at the time of closing the Bellatrix Exploration Ltd. transaction five weeks ago.
July 6, 2020, 5:59 AM MDT
Drilled-but-uncompleted (DUC) wells are “kind of the story for 2020,” specifically for the liquids-rich plays, says Scott Norlin, upstream Canada research associate at Wood Mackenzie Ltd. In reference to the year so far, he told the Bulletin: “The word ‘unprecedented’ has been used an unprecedented number of times.”
July 2, 2020, 7:07 AM MDT
Topaz Energy Corp. has completed a strategic infrastructure acquisition whereby it acquired, for cash consideration of $100 million, a 12.5 per cent working interest in Advantage Oil & Gas Ltd.'s Glacier gas plant, which has raw gas processing capacity of 400 mmcf/d and services the Montney.
July 2, 2020, 11:09 AM MDT
Paramount Resources Ltd. has completed amendments to its senior secured revolving bank credit facility with the unanimous support of its nine-bank syndicate.
June 30, 2020, 5:56 AM MDT
Based on its recent capacity optimization open season, TC Energy Corporation has revised in-service dates for six projects on its NOVA Gas Transmission Ltd. (NGTL) System, including the North Central Corridor expansion and the Groundbirch Mainline Loop’s Sunrise and proposed Saturn sections.
June 26, 2020, 6:14 AM MDT
Keep it local. That is a key consideration Reeve Leanne Beaupre from the County of Grande Prairie hopes government takes into account as it divvies out spending for the province’s Site Rehabilitation Program.
June 24, 2020, 9:33 AM MDT
Pipestone Energy Corp. is maintaining its credit capacity of $225 million.
June 12, 2020, 7:27 AM MDT