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…
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…
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…
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…
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…
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…
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…
