Operators across Canada licensed 542 new wells in July, down 38 per cent from 873 licences approved a year ago.

Oral cross examination for NOVA Gas Transmission Ltd.’s (NGTL) proposed 2021 system expansion project began this morning before the National Energy Board (NEB) in Calgary.

Pason Systems Inc. remains open to using mergers and acquisitions — made available through challenging times in the industry — as a means of reinforcing its initiatives in areas not directly tied to North American land drilling.

Total Energy Services Inc. has seen the benefits of acquisitions and consolidation and is now looking to get back in the M&A game.

Although Enbridge Inc. doesn't expect to file an application for contract capacity on the Canadian Mainline with the National Energy Board (NEB) until later this year, a producer group is urging the regulator to move cautiously.

The Daily Oil Bulletin has published the July edition of the On The Move newsletter.

With the digital transformation wave fast becoming a tsunami, companies must either seek the high ground of newer, smarter technologies or run the risk of being swept away by their better-enabled competitors.

Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 12, 2019, as reported this morning by Rig Locator.

Attention Energy Executives: the premiere business conference for the Canadian energy industry is August 21 at the Banff Springs. For more information contact: info@energyexecs.ca or consult our website at https://energyexecs.ca/. 

Surge Energy Inc. has promoted Jared Ducs to chief financial officer effective Aug. 9, 2019.

Surge Energy Inc.’s second quarter production and adjusted funds flow came in higher than analyst estimates and the company's bank debt, net debt, operating expenses, transportation expenses and general and administrative costs all came in lower than budgeted expectations.

Pipestone Energy Corp. says its net capital investment program continues to be on-track, on-time, and either on or under budget resulting in a reduced net capital guidance range for 2019 of $145 million to $155 million.

Petrus Resources Ltd.’s board of directors has approved a third quarter 2019 capital budget of $7 million that is expected to include drilling and completion activities for three gross (1.5 net) Cardium light oil wells at Ferrier.

Enerplus Corporation has increased its 2019 production guidance thanks to the strong volumes in North Dakota and the Marcellus.

Cequence Energy Ltd.’s second quarter production decreased slightly and averaged 6,142 boe/d compared to production of 6,334 boe/d for the same prior year period but was up from 5,964 boe/d in the first quarter of 2019.

Yangarra Resources Ltd. says it expects to drill five to six wells and complete four to five wells during the third quarter of 2019.

TransGlobe Energy Corporation second quarter Canadian oil production averaged 788 bbls/d during the quarter, a decrease of 106 bbls/d (12 per cent) from the previous quarter, primarily due to natural declines.