For helium, its price story dates back to the early 1900s, when the U.S. (Texas mostly) emerged as the major global supplier of the inert gas, says Imperial Helium Corp.’s chief executive.

The wisdom embedded in the famous African proverb about the role of community to help raise a child is a sentiment equally relevant to the efforts to transform the global economy to deliver a zero emissions future.

This week’s DOB Backstory comes from a Sept. 20, 1974 DOB article.  

In recent years the shelf life of ‘hard skills’ has fallen from about 30 years to six, meaning that any technical skills learned in school must be updated every few years, says Jackie Rafter, founder and president of Higher Landing Inc.

Precision Drilling Corporation says that as industry activity continues to rebound, labour and materials costs are expected to rise, but the company feels that it has a good handle on containing cost inflation.

On Sept. 22,  2021, Westcoast Energy Inc. submitted an application regarding a proposed decommissioning (removal) of its Grizzly Valley Mainline at the Pine River crossing and construction of a tie-in of that pipeline to the Fort St. John Mainline upstream of the crossing.

Drilling rig activity in Western Canada and the Top 10 active operators as of Oct. 25, 2021 as reported this morning by Rig Locator.

A royalty review will be part of B.C.’s updated climate plan, which was released this afternoon.

During Q3 2021, third-party operators were active across Western Canada and on PrairieSky Royalty Ltd.’s royalty lands with 193 wells spud (98 per cent oil).

The British Columbia Centre for Innovation and Clean Energy (CICE), is now operational with the appointment of an executive team and board of directors.

Pacific Oil & Gas Limited (PO&G) will rebrand its operations to become Pacific Energy Corporation Limited.

Razor Energy Corp. has closed its previously announced private placement of common shares of Razor for a subscription price of 84 cents per Razor share with Alberta Investment Management Corporation (AIMCo), on behalf of certain of its clients, and certain members of management.

Athabasca Oil Corporation has closed the issuance of US$350 million of Senior secured notes and the syndication of a $110 million reserve based credit facility.