West Texas Intermediate (WTI) and Western Canada Select (WCS) has been trading in a consistent band, with the differential at times trading in the single digits.

Gross profit before depreciation and amortization in the first quarter from Teck Resources Limited’s energy business unit was $22 million and was affected by lower production due to the Government of Alberta curtailments that came into effect on Jan. 1, 2019.

PrairieSky Royalty Ltd.’s first quarter royalty production decreased slightly to 22,007 boe/d from 23,536 boe/d as reduced lessee capital spending and the effects of the Alberta government’s mandatory production cuts affected volumes.

The digital oilfield has long held the promise of introducing disruptive new cost cutting efficiencies, greater levels of production and entirely new business models with the potential to transform the energy industry in the same way digitalization has transformed many other sectors of the economy.

Premier-designate Jason Kenney announced the senior staff that will serve in the Office of the Premier and lead his transition team.

Drilling rig activity in Western Canada and the Top 10 active operators as of April 23, 2019, as reported this morning by Rig Locator.

As part of the Project Alignment and Delivery initiative, GO Productivity and the Construction Owners Association of Alberta are hosting a workshop on May 7 to help facilitate delivery improvements using the collaborative construction approach. This will include case studies and breakout sessions on practically applying lessons from successful collaborative projects.

On the evening of May 30th, Oil and Gas Council will be gathering 350+ Senior Energy Executives at its annual Lifetime Achievement Award Dinner to celebrate the career of Rick Grafton – CEO of Grafton Asset Management.

Horizon North Logistics Inc. announced  new camp contracts to support the construction of the Coastal GasLink pipeline project and the expected opening of its Crossroads Lodge in Kitimat, British Columbia.

Murphy Oil Corporation is picking up deepwater Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C. and LLOG Bluewater Holdings, L.L.C. for $1.38 billion.

The University of Manitoba Centre for Oil and Gas Research and Development (COGRAD) will receive $1.13 million from the federal government towards the establishment of an environmental DNA (e-DNA) laboratory, the government announced today.

TransCanada Corporation announced that 725,094 of its 24 million fixed rate cumulative redeemable first preferred shares, Series 7, were deposited for conversion on April 30, 2019 on a one-for-one basis into floating rate cumulative redeemable first preferred shares, Series 8.

Questerre Energy Corporation intends to complete a private placement directed towards Norwegian and international institutional investors.

Pulse Oil Corp. reported that the first well of a two-well drilling program successfully reached total depth at Bigoray.