Aug 23, 2017
TREX is a suite of technologies designed to optimize cemented well completions, including QuickPORT IV sleeves, which the Permian operator ran at the to of its well.
A new collaboration between Siemens and DNV GL will support the oil and gas industry’s increasing focus on its digital transformation, the companies said in a joint statement.
Ensign Energy Services has joined other Canadian oilfield services companies announcing higher capital spending programs as North American activity levels improve.
Miffed by mediocre oil and gas prices, many stock market investors are overlooking the value behind oilpatch companies, including Precision Drilling Corporation, the company’s chief executive
Seven Generations Energy (7G) continues to grow production in Canada’s "Permian of the North," the Montney resource play, but its development costs have risen, and management is putting a plan
Jul 27, 2017
By JWN Staff, courtesy of jwnenergy.com
Jul 21, 2017
Jobs are coming back. Despite the massive workforce reduction over the last couple years, service companies within the shale business are now starting to recruit again, says Rystad Energy, a
By Stephen Marsters, courtesy of jwnenergy.com
While most of the energy industry in North America has suffered from the crisis in commodity prices over the last three years, AltaGas has weathered the storms largely because of its diverse mix of
This summer, the costs to drill and complete horizontal wells within the Cardium Formation are up to 63 per cent cheaper than the most expensive horizontal wells elsewhere in Alberta.
The uptick in oil and gas activity has more companies looking to buy and sell used equipment, and that means Marlon Ellerby’s phone is ringing with requests for quotes.
Jun 21, 2017
Buy low, sell high.
Drillers of horizontal wells in northern British Columbia face, by some distance, the highest average day rates for rigs in Western Canada this summer, according to new data.
In a downturn, new technologies can end up between a rock and hard place.
The good news is the battered oilfield service (OFS) industry is participating in the recovery. The bad news is how it is being done. When customers trumpet how they can earn acceptable returns at
May 29, 2017
The price of oil has stabilized and is expected to remain over $50 for the remainder of 2017 and is not expected to rise anywhere near the levels seen just a few years ago. Those in the industry most
Slipping crude oil prices are not the only issue concerning oil and gas operators in Western Canada, says the chief operating officer of Ensign Energy Services.
In its first results report as a public company, NCS Multistage Holdings said its first-quarter revenues increased 154 per cent to $58.6 million from $35.5 million for the comparable period in 2016.
Collaboration doesn’t come naturally or easily in the highly competitive oil and gas industry. But there are many benefits to collaboration, particularly in a price challenged market where it