Mar 20, 2017
A Financial Post headline on February 17 declared “The Permian Basin: An existential threat to Canadian oil as the war on cost heats up.”
New to the U.K.’s energy sector are onshore opportunities in the shale gas sector, which Canadian industry can help play a role in developing.
Seven Generations Energy is drilling its Montney wells up to 50 per cent faster as it continues to test new techniques, the company said in early March.
Higher commodity prices are driving a renewed focus on completing wells in Alberta, following a huge increase in the number of drilled but uncompleted wells (DUCs) in the province over the past three
Service companies need a sustained recovery in activity levels in the second half of 2017 to return pricing for oilfield services to more sustainable levels, says the president of Total Energy
Feb 21, 2017
The Petroleum Services Association of Canada (PSAC) has bumped up its 2017 Canadian drilling activity forecast, now estimating industry will drill (rig release) 5,150 wells this year, up 23
What a difference a year has made.
A new waterflood technology that Crescent Point Energy is developing in Saskatchewan could potentially enable the company to maintain a steady annual decline rate even as it continues to
Executives from Ensign Energy Services were in Toronto at the beginning of February for the first investor day in the company’s 30-year history.
Feb 17, 2017
A dwindling stable of Alberta seismic firms could pose problems when a recovery takes shape, seismic industry leaders said recently.
The Alberta government has approved 129 new wells since July 12, when companies were allowed to apply for early access to the new royalty framework, and more applications are coming in.
Total Energy Services has not touched its employee benefit plan—including its savings plan—despite the industry downturn, which is part of an investment strategy over the past two
The Petroleum Services Association of Canada (PSAC) applauded the federal government’s approval of the replacement of Enbridge Inc.’s Line 3 and Kinder Morgan
The first projects in Canada to convert propane into value-added products have received $500 million in support from the Government of Alberta.
In its Canadian Drilling Activity Forecast released on November 2, the Petroleum Services Association of Canada (PSAC) expects a total of 4,175 wells (rig releases) to be drilled in Canada in
Although there is some increasing optimism in Canada’s oil and gas sector as the price of WTI is projected to stabilize somewhat next year, the lack of market access and continued reliance on a
STEP Energy Services completed a horizontal Duvernay refracture on November 5—the first Duvernay well to be refractured with its unique diverting agent technology, the company said. Though
Jan 1, 2017
Apache Corporation reported that a Lower Montney well in the company’s Wapiti focus area in Alberta tested at an initial rate of 10.6 mmcf/d of natural gas and 2,000 bbls/d of condensate with an
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