Oilfield Services

Measured Times, Low Activity Means Layoffs In O&G Sector

Challenging market conditions and low rig counts have forced some Canadian-based producers and service providers to reduce their workforce.

November 15, 2019, 7:42 AM MST

Schachter To CAODC Panel: Better Commodity Prices Coming In H2 2020

Commodity prices could be significantly higher in the second half of 2020 compared to now, says Josef Schachter, with WTI exceeding US$70/bbl and potentially even higher prices going into the future.

November 15, 2019, 12 AM MST

Active Rate Remains At 27%

Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 14, 2019, as reported this morning by Rig Locator.

November 14, 2019, 11:38 AM MST

The Exodus: Canadian Rigs Keep Going South; CAODC Provides Industry Update

Unless there are sustained, long-term growth projections in the Western Canadian Sedimentary Basin, which unfortunately Mark Scholz does not see currently, he says it would be difficult for the many drilling rigs already relocated to the U.S. market to ever return to Canada, even if the domestic situation improves.

November 14, 2019, 10:03 AM MST

On The Move – Executive, Management & Board Changes For October 2019

The Daily Oil Bulletin has published the October edition of the On The Move newsletter.

November 14, 2019, 8:59 AM MST

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