Chevron Readies New Oil Drilling Push In Venezuela To Boost Output

September 25, 2023, 10:39 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

Rise Of Alberta’s Large And Intermediate Companies Shown In Employee Numbers And Royalty Payments

Alberta’s royalty contributions by oil and gas producer type have shifted in recent years, showing large and intermediate companies overtaking integrated companies in the amounts going to the province’s coffers, according to internal analysis by the Explorers and Producers Association of Canada (EPAC).

September 25, 2023, 6 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

CNOOC’s Bozhong 28-2 Begins Production

CNOOC Limited’s Bozhong 28-2 South Oilfield Second Adjustment Project has commenced production.

September 25, 2023, 12 AM MDT

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