Licence Count In July Declines 14 Per Cent From A Year Ago
Governments across Canada issued 562 licences in July, a decrease of 14 per cent from 652 a year ago, as companies drew back from new well permitting.
Governments across Canada issued 562 licences in July, a decrease of 14 per cent from 652 a year ago, as companies drew back from new well permitting.
AI is being integrated into drilling, completions and production workflows in U.S. shale plays, and operators say they are seeing some early returns on their investments.
DOB Energy has published the July edition of the On The Move newsletter.
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 15, 2025, as reported this morning by Rig Locator.
The U.S. rig count is unchanged from last week at 539 with oil rigs up one to 412, gas rigs down one to 122 and miscellaneous rigs unchanged at five.
Logan Energy Corp. has reported a step-change in production volumes at its Pouce Coupe property since it completed construction and commissioning this spring of the 4-19 facility (Gordondale).
Logan Energy Corp. announced the appointment of Linda Brown to the position of interim vice-president, finance and chief financial officer, effective Nov. 1, 2025.
During the second quarter of 2025, Tidewater Midstream and Infrastructure Ltd. reported throughput at the Prince George Refinery (PGR) was 9,942 bbl/day, consistent with 9,936 bbl/d during the first quarter of 2025, and 17 per cent lower than the second quarter of 2024.
Tidewater Renewables Ltd.’s maintenance capital for the year is estimated to be $8.0 million to $10.0 million, allocated primarily to the planned turnaround activity for the HDRD Complex in the third quarter of 2025.
InPlay Oil Corp. plans to drill 5.0–5.5 net Cardium wells at Pembina during the remainder of 2025.