On a day in which it announced it was unloading its Duvernay assets, Ovintiv Inc. reported lower Canadian output overall, including from its dominant asset in Canada, the Montney.
February 18, 2021, 12 AM MST
STEP Energy Services Ltd. and Universal Chemical Solutions, Inc. (UCS) have entered into an agreement that will facilitate the delivery of post-production stimulation services to energy producers working in the Eagle Ford, Permian Basin, Niobrara-DJ Basin and Bakken formation.
February 5, 2021, 12 AM MST
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Exxon Mobil Corporation has completed a review of its forward business plans and will prioritize near-term capital spending on “advantaged assets” with the highest potential future value, including developments in Guyana and the U.S. Permian Basin, targeted exploration in Brazil and Chemicals projects to grow high-value performance products.
November 30, 2020, 2:58 PM MST
CES Energy Solutions Corp. has been able to maintain and grow its commitment to a strong and high-quality customer base in the Canada and U.S., says management. The company’s Q3 results demonstrate diversification through operating efficiencies and capitalizing on the completed infrastructure buildout in both operating regions.
November 17, 2020, 9:36 AM MST
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At the Surmont operation in Canada, ConocoPhillips curtailed approximately 15,000 boe/d in Q3 and restored production ahead of schedule.
October 29, 2020, 7:10 AM MDT
Ovintiv Inc. posted a net loss in the third quarter of $1.52 billion (all figures US), or $5.85 per share of common stock on higher than expected crude and condensate production during the quarter and continued reductions in capital and costs.
October 29, 2020, 8:16 PM MDT
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