Rig Release Counts, Meterage Down About 30% In Q1
Producers rig released 1,548 wells across Canada in the first quarter of 2019, excluding experimental holes, a decrease of 30 per cent from 2,225 wells drilled in Q1 2018.
Producers rig released 1,548 wells across Canada in the first quarter of 2019, excluding experimental holes, a decrease of 30 per cent from 2,225 wells drilled in Q1 2018.
In a statement released today, the federal government says it continues to make “real progress” in the Phase III consultations for the Trans Mountain expansion project, and that a decision could be made by June 18.
Kinder Morgan Canada Limited says it has secured all material permits and construction will soon begin on a $43 million distillate storage expansion project at its Vancouver Wharves terminal in North Vancouver.
This week's drilling leads.
The National Energy Board (NEB) should find that the provincially approved pipeline that will transport natural gas from northeast British Columbia to the LNG Canada export project in Kitimat is properly within provincial jurisdiction, says the Canadian federal government.
Drilling rig activity in Western Canada and the Top 10 active operators as of April 18, 2019, as reported this morning by Rig Locator.
The sweeping majority election of Jason Kenney as Premier of Alberta this week is another milestone in Western Canada’s long history of grassroots political energy, says one of the country’s most prominent conservative leaders.
On May 30th, O&G Council will be giving out a Diversity Leadership Award to a company who has exemplified outstanding diversity & inclusion policy over the past 12 months.
Husky Oil Operations Limited is seeking Alberta Energy Regulator (AER) approval to drill, complete and tie in a total of 15 new well pads on two pads, increasing the footprint of its Tucker thermal project in the Cold Lake oilsands.
The DOB is compiling a list of company annual meetings. Please send company names, dates, times, and locations of your AGM to editor@dailyoilbulletin.com. A listing will appear in the DOB when this information has been compiled.
The Daily Oil Bulletin will be closed on Friday. We will publish the next edition on Monday, April 22.
Pine Cliff Energy Ltd. has entered into an agreement to acquire oil and natural gas assets in the Ghost Pine area of central Alberta for net cash consideration of $8.6 million, after estimated closing adjustments.
The U.S. rig count is down 10 rigs from last week to 1,012, with oil rigs down eight to 825, gas rigs down two to 187, and miscellaneous rigs unchanged at zero.
Surge Energy Inc. has entered into a $30 million bought-deal financing of five-year convertible unsecured subordinated debentures with a syndicate of underwriters led by National Bank Financial Inc.
The proposed Flemish Pass exploration drilling project and the proposed Eastern Newfoundland offshore exploration drilling project are not likely to cause significant adverse environmental effects when mitigation measures are taken into account, the federal government announced Wednesday.
TransCanada Corporation launched an open season to solicit binding commitments from interested parties for transportation services of crude oil from Cushing, Oklahoma to markets on the U.S. Gulf Coast for incremental capacity on Marketlink.