Jul 21, 2017
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.
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
Jun 21, 2017
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
Buy low, sell high.
May 29, 2017
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.
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.
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
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
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
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.
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