Enbridge Inc. is keeping its options open to build new oil and gas export pipelines to Canada’s West Coast, but it still hasn’t seen much progress from governments on moving new projects forward, said president and chief executive officer Greg Ebel at its second quarter earnings call.

The Northeast B.C. Montney development project by Tourmaline Oil Corp. should add 1.1 bcf/d of new gas production along with more than 50,000 bbls/d of condensate and natural gas liquids over the next six years, says the company.

Tourmaline Oil Corp. has updated its exploration and production plan to reflect output of 850,000 boe/d by 2031. This marks continued growth from the current level of 650,000 boe/d.

With its major oilsands expansion projects nearing completion, Cenovus Energy Inc. is looking to its conventional heavy oil assets at Lloydminster to add incremental production growth the next few years, president and chief executive officer Jon McKenzie said at its second quarter 2025 earnings call.

Cenovus Energy Inc. has regained control of an injector well releasing steam to the surface at its Rush Lake SAGD development in west-central Saskatchewan, and is now working on a plan to restart the facilities, president and chief executive officer Jon McKenzie said at its second quarter 2025 earnings call.

North American natural gas demand is forecast to increase 45 bcf/d by 2035, says TC Energy Corporation, as opposed to its prior estimate of 40 bcf/d.

DOB Energy will not publish on Monday, Aug. 4, due to the Heritage Day holiday. We will resume publishing on Tuesday.

Saturn Oil & Gas Inc. is seeing strong well results in the Viewfield Bakken and Cardium.

ARC Resources Ltd. says it has executed an agreement with a B.C. First Nation for the earning and development of up to 36 new contiguous sections in the condensate-rich region of the Montney, immediately northwest of Attachie. 

MEG Energy Corp. says it completed the largest planned turnaround in its history in the second quarter, while prioritizing the safety of its workforce and communities during challenging wildfire conditions, said Darlene Gates, president and chief executive officer.

Enbridge Inc. reported second quarter 2025 earnings attributable to common shareholders of $2.2 billion, up from $1.8 billion in the same quarter of 2024, as the company saw continued high utilization on its Mainline oil pipeline and natural gas business in the U.S.

Tourmaline Oil Corp. posted a 10 per cent year-over-year increase in production in the second quarter of 2025.

Imperial Oil Limited reported a decline in profit in the second quarter, primarily driven by lower upstream price realizations and downstream margin capture.

For the second month in a row, fewer rigs were working across the basin in July compared to a year ago.

Pembina Pipeline Corporation has entered into a new long-term agreement with AltaGas Ltd.

Enhance Energy has received regulatory approval from the Alberta Energy Regulator (AER) for its Origins saline aquifer CCS project in central Alberta.

NCS Multistage Holdings, Inc. has acquired ResMetrics LLC, a leading provider of chemical tracer diagnostics services used by oil and gas operators to validate reservoir development strategies, improve hydraulic fracture stimulation designs, evaluate inter-well connectivity, and optimize enhanced oil recovery injection programs.

Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 1, 2025, as reported this morning by Rig Locator.

The U.S. rig count is down two from last week to 540 with oil rigs down five to 410, gas rigs up two to 124 and miscellaneous rigs up one to six.

Computer Modelling Group Ltd. announced the acquisition of SeisWare International Inc., a software company specializing in geoscience solutions.

Fluor Corporation’s joint venture (JV) with JGC Corporation has been awarded the contract to update the front end engineering and design (FEED) for a proposed Phase 2 expansion of the LNG Canada facility.

New contract awards and renewals FLINT Corp. totaled approximately $56.8 million for the three months ended June 30, 2025 and $8.8 million for the first three weeks of July.

Stampede Drilling Inc. had 14 out of its 17 marketable rigs operational during the first half of 2025.