Drilling Slowdown Hits June’s Rig Release Count
Producers drilled 10 per cent fewer wells in June compared to the year-prior count, with activity down in all four western provinces except for Alberta.
Producers drilled 10 per cent fewer wells in June compared to the year-prior count, with activity down in all four western provinces except for Alberta.
Keyera Corp. is in the early stages of developing 100,000 bbls/d condensate fractionator to be located in the Industrial Heartland area.
BASF Intertrade AG and AltaGas Ltd. have signed a long-term commercial agreement for supply of butane via AltaGas and Royal Vopak's Ridley Island Energy Export Facility (REEF) starting in 2027.
The governments of Manitoba and Saskatchewan, along with Arctic Gateway Group (AGG), have agreed to “enhance infrastructure, streamline supply chains and boost access to global markets,” via Canada’s only deepwater Arctic port.
In Canada, Western Energy Services Corp. reported operating days of 764 in the second quarter of 2025, 108 days (or 16 per cent) higher compared to 656 days in the second quarter of 2024.
U.S. President Donald Trump said on Tuesday that Japan will form a joint venture to develop a liquefied natural gas project in Alaska though a Japanese government official said he was not aware of such plans.