It might sound like science fiction now, but using quantum-mechanical phenomena to perform computation is something the oil and gas industry likely will enjoy in the foreseeable future, says David Chevrier.
While he supports the reconciliatory spirit behind Bill C-262, in practical terms Brad Wall sees this legislation as a possible hindrance for industry projects many Indigenous communities might actually support — giving a minority even amongst First Nations the ability to halt developments such as pipeline projects.
This June, Husky Energy Inc. will begin using artificial intelligence at its Lloydminster thermal oil operations as it looks to get “even more juice” out of the prolific assets.
Congratulations to Kelly Grimes, business development manager with TS&M Supply Fiberglass, who was the winner of the random draw of survey respondents. Kelly wins a $500 VISA gift card.
In Part 1 of our series, Richard Admson began to frame the challenge facing industrial producers around the world and began to set the table for Alberta having the potential to be a leading home for future investments in an emissions-constrained world. Today, in Part 2, he looks at some of the components of “Clean-tech” that supports this future, their status and where they may be going over the next years and decades.
A new report from Sproule, the Daily Oil Bulletin and Evaluate Energy shows how, among Latin American nations, Brazil has secured by far the highest level of M&A investment in upstream oil and gas.
On June 4, Canada’s leading pitch competition for early-stage energy sector innovations is taking place from 9 a.m. to 5 p.m. at the UCalgary Downtown Campus.
The Canadian Global Exploration Forum’s Annual Conference on June 10 in Calgary will bring together international speakers to discuss hot E&P opportunities in Europe, Latin America, North Africa (MENA), Middle East and USA.
Drilling rig activity in Western Canada and the Top 10 active operators as of May 30, 2019, as reported this morning by Rig Locator.
Land sale revenue in Western Canada has plunged by nearly 70 per cent year-over-year, as massive declines in Alberta and B.C. has more than offset an increase in Saskatchewan.
Toscana Energy Income Corporation has renewed its revolving operating credit facility with its senior lender at the existing level of $25 million.
Tourmaline Oil Corp. has updated its five-year development plan and now plans to direct growth capital primarily to its Gundy B.C. Montney development.
Ulterra Drilling Technologies can now manufacture both steel and matrix PDC drill bits at its Leduc facility.
Highwood Oil Company Ltd. says it plans to drill another six to 10 gross (three to five net) wells in the Clearwater formation before the end of 2019, assuming Western Canada Select (WCS) realized pricing remains in the range of current strip pricing.
Leucrotta Exploration Inc. maintained daily production at 3,166 boe in Q1 2019 down from 4,180 boe in Q4 2018.
Matrrix Energy Technologies Inc. has changed its name to Stampede Drilling Inc., following the approval of shareholders at its annual meeting.
Enerflex Ltd. has appointed Juan Carlos Villegas as a director.