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
Companies are partnering and consolidating fracking businesses in order to better position themselves to serve customers in the new normal of low oil and gas pricing.
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
In 2017, capital expenditure is forecast to rise to $42 billion, which is a 13 per cent increase from the previous year. The expected increase in cash flow is already driving more drilling in western
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.
May 16, 2017
For the second time, the Petroleum Services Association of Canada (PSAC) has revised upward its forecasted number of wells drilled (rig released) across Canada in 2017, with the latest call out for
We sat down with JWN’s vice-president of sales and marketing, Donovan Volk, who has been responsible for the evolution of the Comprehensive Oilfield Service & Supply Database (COSSD) since
Trican is hiring for all its service lines and at all its bases from Estevan, Sask., to Fort St. John, B.C., as it works to activate equipment to meet increased drilling activity, and while the
Mullen Group says that the era of $100/bbl crude in the rearview mirror will have significant ramifications for the province and people of Alberta, for oil companies, and for Mullen Group.
With over 207,000 users annually, the COSSD is the easiest way to get your company noticed. As the industry gains traction, so do we: in 2016, cossd.com attracted over 167,738 unique
Apr 24, 2017
Despite a recent setback in limiting methane emissions with U.S. President Donald Trump’s attempt to scrap the previous administration’s regulations—to cut emissions from oil and gas
The need for oil and gas companies to be leaner and more efficient in the “new normal” of $50 WTI is resulting in many changes to the way the system works—including how employers
Oilfield service and supply companies appear to be increasingly recognizing the benefits of cooperation, both internally and with peers, but it is still early days and there is much untapped
Though there may be many commonalities between the Canadian and U.S. oilfield services markets, there are also major differences, a recent gathering in Calgary heard from experts who work on both
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