Drilling & Completions

Outlook for 2020 drilling activity ‘even worse’: PSAC

Friday, November 1, 2019, 7:22 AM MDT

The Petroleum Services Association of Canada (PSAC) released a grim outlook for 2020 drilling activity on Thursday, citing ongoing market…

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​Shale doubters finally get their moment as revolution falters

Tuesday, October 29, 2019, 7:26 AM MDT

It was just a year ago that Tom Loughrey tried pitching a fund to bet against shale producers.“I was basically…

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​Development of novel technologies for tight oil, oilsands expected to accelerate with CRIN

Monday, October 28, 2019, 12:21 PM MDT

The future success of Canada’s oil and gas industry hinges on its ability to develop and deploy new technologies that…

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Chevron sees ‘boom boom boom’ Permian despite signs of slowdown

Tuesday, October 22, 2019, 7:30 PM MDT

Chevron Corp. sees a “boom boom boom kind of economy” in West Texas, shrugging off signs of a Permian Basin…

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Doing more with less impact on what matters most

Tuesday, October 22, 2019, 10:41 AM MDT

How can Alberta reduce greenhouse gas emissions, attract investment, and build a more diverse, lower carbon economy?That’s the question Emissions…

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​Schlumberger rips off Band-Aid with $12.7 billion writedown

Monday, October 21, 2019, 7:10 AM MDT

Wall Street guessed that writedowns from Schlumberger Ltd. were coming, but some analysts were taken aback by the sheer size…

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​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…

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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…

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​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…

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​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…

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​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.…

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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…

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