Oilfield Services

U.S. Shale Executives Are Bracing For Record Costs To Get Worse

September 28, 2023, 12 AM MDT

August’s Rig Release Count Declines Over 10% Compared To Last Year

Producers drilled 538 wells in August, including experimental holes, down 11 per cent from 607 wells rig released a year ago.

September 25, 2023, 6:32 AM MDT

DOB Land Sale Analysis:  Elmworth, Sugden, Cold Lake Parcels Highlight Alberta’s Sept. 20 Sale

In the Sept. 20, 2023 land sale, the province sold 14,334.79 hectares of P&NG leases and licenses bringing in $3.51 million. Additionally, 4,992 hectares of oilsands leases sold for $8.29 million. This brings the total cumulative bonus paid to-date for the year in Alberta to $354.91 million. Highlights of this sale included:

September 25, 2023, 12 AM MDT

Mascarenhas Back As Questor CEO

Audrey Mascarenhas has once again been named president and CEO of Questor Technology Inc. following an announced resignation in August.

September 25, 2023, 12 AM MDT

Weekly Rig Locator: 45% Of Drilling Rig Fleet At Work

Drilling rig activity in Western Canada and the Top 10 active operators as of Sept. 22, 2023 as reported this morning by Rig Locator.

September 22, 2023, 11:38 AM MDT

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