Drilling & Completions
Baker Hughes goes green, literally, as it becomes independent of GE
Friday, October 11, 2019, 7:16 AM MDT
The rhetorical question of whether a leopard can change its spots may now apply to one of the largest oilfield…
Shale wells are ‘riding the edge’ of profitability at current prices
Friday, October 11, 2019, 7:14 AM MDT
U.S. shale oil plays are “riding the edge of profitability” at current prices and the industry faces a significant slowdown…
Alberta incorporates energy war room as Canadian Energy Centre, work starts soon
Thursday, October 10, 2019, 7:18 AM MDT
EDMONTON — Alberta's energy war room is now on a legal footing and will soon be up and running.Energy Minister…
Halliburton cuts workforce in U.S. Rockies on lower activity
Thursday, October 10, 2019, 7:07 AM MDT
Halliburton Co. is reducing its workforce in the Rockies as the biggest oilfield service contractor to announce job cuts grapples…
Canadian drilling activity at more than 25-year low: Peters & Co.
Wednesday, October 9, 2019, 7:26 AM MDT
Drilling activity in Western Canada is currently depressed at historic levels, according to a new report from Peters & Co.…
Pason Systems, Werklund invest $35MM in completions tech firm Intelligent Wellhead Systems
Wednesday, October 9, 2019, 7:22 AM MDT
Drilling data management provider Pason Systems is investing $25 million to acquire a minority interest in completions technology company Intelligent…
Southeast Saskatchewan the focus of October oil and gas land sale
Friday, October 4, 2019, 7:19 AM MDT
Southeast Saskatchewan was the focus of this week’s public offering of Crown petroleum and natural gas rights in the province,…
Boom goes bust: Texas oil industry hurt by plunging oil prices
Friday, September 27, 2019, 7:14 AM MDT
How bad are things in the Permian basin? You can actually book a hotel room in Midland, Texas, at a…
ConocoPhillips plans 7 wells in Alaska petroleum reserve
Monday, September 23, 2019, 7:30 AM MDT
ANCHORAGE, Alaska — A major oil company will drill seven new exploratory wells in the National Petroleum Reserve-Alaska.ConocoPhillips is planning…
Permian ‘child’ wells may cut oil recovery up to 20%, bank says
Friday, September 20, 2019, 7:08 AM MDT
Oil producers drilling so-called parent-child wells in the Permian Basin are risking the loss of 15% to 20% of the…
Oil services should get ready for a recession, Rystad warns
Thursday, September 12, 2019, 7:13 AM MDT
The oil services sector will contract in 2020 as producers cut spending in response to lower crude prices, ending three…
Democrats step on shaky political ground with fracking bans
Wednesday, September 11, 2019, 7:06 AM MDT
DENVER — Several Democratic presidential candidates are running on a promise to ban fracking — and stepping on unstable political…
