Oilfield Services

Precision Expects North American Activity, Prices To Trend Higher; ‘Bullish On Canada’

Precision Drilling Corporation’s outlook for its North American operations is increasingly bullish and the company’s top executive expects both activity and pricing to trend higher for the rest of this year and into 2022.

October 22, 2021, 6 AM MDT


ExxonMobil Completes First Fully Automated Section Drilled At The Hebron Platform, Says Schlumberger

Offshore Canada, Schlumberger and ExxonMobil Canada are jointly working on the deployment of digital drilling solutions, which recently enabled ExxonMobil Canada to complete the first fully automated section drilled at the Hebron platform.

October 22, 2021, 5:05 AM MDT


Rig Locator: Active Rate Steady

Drilling rig activity in Western Canada and the Top 10 active operators as of Oct. 21, 2021 as reported this morning by Rig Locator.

October 21, 2021, 11:46 AM MDT


Precision Revenues Climb; Company Lifts Capex Outlook

Precision Drilling Corporation’s Canadian drilling activity was nearly triple what it was in the third quarter of 2020 and the 51 average active rigs during the quarter represented the highest third quarter average activity since 2018.

October 21, 2021, 8:53 AM MDT


High Arctic Declares Special One-Time Dividend

High Arctic Energy Services Inc.’s board of directors has approved a special one-time dividend payment of 20 cents per share to holders of common shares.

October 21, 2021, 12 AM MDT


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