Drilling & Completions

Drilling and service rigs facing an existential crisis: CAODC

Friday, June 14, 2019, 7:20 AM MDT

The Canadian Association of Oilwell Drilling Contractors (CAODC) is disappointed and frustrated with the federal government’s decision not to accept…

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Fernando Aguilar retires as Calfrac CEO

Tuesday, June 11, 2019, 6:05 PM MDT

There’s an executive shakeup underway at Calfrac as Fernando Aguilar, its president since 2010 and CEO since 2014, has retired.…

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Oil drillers scale back U.S. activity as crude falls into bear market

Sunday, June 9, 2019, 5:47 PM MDT

U.S. crude producers reduced drilling to a 15-month low as oil dipped into bear-market territory.Working American oil rigs fell by…

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Texas producers increasingly injecting natural gas glut for EOR

Sunday, June 9, 2019, 5:28 PM MDT

Texas drillers may have found a solution to the stubborn natural gas glut that’s forced them to either burn it…

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Tervita to build new Montney water disposal network valued at $25MM to $30MM

Thursday, June 6, 2019, 7:22 AM MDT

Tervita Corporation says it has entered into a long-term deal with an unnamed senior producer to develop a pipeline connected…

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Alberta, Saskatchewan to work together to streamline regs for service rigs

Thursday, June 6, 2019, 7:20 AM MDT

WEYBURN, Sask. — The premiers of Alberta and Saskatchewan are pledging to harmonize regulations governing the movement of oil and…

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Permian oil explorers expand activity as drilling costs decline

Monday, June 3, 2019, 7:09 AM MDT

Oil explorers deployed more rigs for the first time in four weeks as shrinking drilling costs outweighed concern about sliding…

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AER restricts fracking near Brazeau dam following earthquake

Tuesday, May 28, 2019, 7:33 AM MDT

CALGARY — The Alberta Energy Regulator is moving to restrict oilfield fracking activity near the Brazeau Reservoir in east central…

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​Schlumberger suffers credit hit as oil clients stick to cuts

Monday, May 27, 2019, 7:10 AM MDT

Schlumberger Ltd. had its debt rating lowered by S&P Global Inc. as belt-tightening in the U.S. shale patch translates into…

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​U.S. drilling rights go for less than a cup of coffee per acre

Friday, May 24, 2019, 7:08 AM MDT

The Trump administration’s auction of drilling rights on roughly 300,000 acres in Nevada last September appeared to be a bust…

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Energy Excellence Award champion Citadel Drilling’s reluctant transition from Canada to the Permian Basin is a sign of the times

Wednesday, May 22, 2019, 7:30 AM MDT

The Daily Oil Bulletin’s first annual Energy Excellence Awards were held in Calgary on Thursday, May 2.Awards were handed out…

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​Saskatchewan drilling sleepy at 10 rigs while 65 running in nearby North Dakota

Friday, May 17, 2019, 7:17 AM MDT

Estevan – Drilling activity in Saskatchewan usually doesn’t pick up until June, and that’s definitely the case again this year,…

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