With the latest heating season in North America getting underway, the natural gas industry in Canada, the United States, and even globally, is experiencing a gas price surge and price levels unlike any that have been seen for many years.
Higher natural gas prices are having only a “modest” impact on Imperial Oil Limited’s refinery and oilsands operations, says the company’s president and CEO Brad Corson.
With Kearl coming off its second best quarterly production level in its history in Q3, Imperial Oil Limited officials are confident the facility will continue its upward trajectory and reach the goal of 280,000 bbls/d by 2023, if not sooner.
While commodity prices were strong in October, rig activity in Western Canada remained steady through the month.
Members of the Canadian Association of Energy Contractors (CAOEC) booked 33,299 operating days in the first nine months of 2021, up 34 per cent from 24,823 operating days in the comparable period last year, Rig Locator records show.
CWC Energy Services Corp.’s wholly-owned subsidiary, CWC Energy Services (USA) Corp., has entered into a definitive agreement to acquire 10 active high-spec triple drilling rigs and all related and ancillary equipment and inventory from a privately held contract drilling company based in Casper, Wyoming for total cash consideration of US$17.3 million.
2163754 Alberta Ltd. (“216” or the “Company”) has engaged Sayer Energy Advisors to assist it with a sale of the shares of the Company.
The oil industry in Texas has been a driving force of the North American economy for decades. Spanning parts of West Texas and Southeastern New Mexico lays the Permian Basin, a shale basin ranging 250 miles wide and 300 miles long.
This week’s DOB Backstory comes from a Oct. 24, 1978 article.
NOVA Gas Transmission Ltd. (NGTL) has applied to the Canada Energy Regulator (CER) for an order approving interim 2022 rates, tolls and charges for services on the NGTL System and the abandonment surcharges to be effective Jan. 1, 2022.
Drilling rig activity in Western Canada and the Top 10 active operators as of Nov. 1, 2021 as reported this morning by Rig Locator.
SECURE Energy Services Inc.’s first quarter as a combined company with Tervita Corporation demonstrates that the increased size and scope generates significant free cash flow, improving overall leverage and enhancing the ability to deliver greater shareholder returns, says Rene Amirault, president and chief executive officer.
SECURE Energy Services Inc. expects its 2022 sustaining capital spending will come to about $40 million, according to the third quarter financial and operational results, while additional sustaining capital related to landfill expansions comes to roughly $15 million, which assumes growth from industry activity levels.
Sixteen “shovel-ready” projects will share $176 million in funding. The projects were selected by Emissions Reduction Alberta (ERA) through its Shovel-Ready Challenge.
NCS Multistage Holdings, Inc.’s total revenues in Q3 were $32.4 million, a 99 per cent year-over-year increase and a 51 per cent increase compared to the second quarter of 2021.
Avanti Energy Inc. has entered the drilling phase of operations at its 100 per cent-owned Greater Knappen land holdings in Northern Montana.
Bonavista Energy Corporation has appointed Derek Mendham as chief financial officer effective Nov. 1, 2021, replacing Dean Kobelka who has resigned from the company.
Tamarack Valley Energy Ltd.'s normal course issuer bid (NCIB) has been approved by the Toronto Stock Exchange (TSX).