Reserve evaluators such as Sproule Associates Limited, Deloitte, GLJ Ltd. and McDaniel & Associates Consultants Ltd., among other industry watchers, updated their commodity forecasts at year-end 2020 and the largest hikes were for near-term AECO assumptions.
February 16, 2021, 5:35 AM MST
While COVID-19 and lower crude prices largely meant reduced capital spending during the second quarter, some Canadian oilfield services firms are seeing investment opportunities in the current business environment.
August 19, 2020, 6 AM MDT
Natural gas experiences the largest production increase of all fossil fuels during the projection period in the Energy Information Administration (EIA) outlook report across all cases, driven by continued development of lower-cost shale gas and tight oil resources.
January 24, 2019, 10:25 AM MST
BP plc has completed the $10.5 billion acquisition of BHP Billiton’s U.S. unconventional assets in a landmark deal that will significantly upgrade BP’s U.S. onshore oil and gas portfolio and help drive long-term growth.
October 31, 2018, 9:54 AM MDT
By agreeing to a US$480 million deal with Denver-based DJR Energy last week, Encana Corporation became the latest in a series of significant oil and gas producers to leave the San Juan Basin.
October 9, 2018, 9:16 AM MDT
STEP Energy Services Ltd. reported good second quarter financial results Thursday morning, supported by the acquisition this past winter of a company that helped it enter the U.S. fracturing market.
August 2, 2018, 10:30 AM MDT
June 14, 2018, 8:48 AM MDT
June 4, 2018, 10:16 AM MDT