Drilling & Completions

​Precision makes headway on debt reduction with sale of Mexico rigs

Tuesday, March 19, 2019, 7:20 AM MDT

Precision Drilling is exiting Mexico with the sale of five idle drilling rigs and ancillary equipment for US$48 million (C$64…

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​‘Inspiring’ Pimee Well Servicing recognized as 2019 Aboriginal Economic Development Corporation of the Year

Tuesday, March 19, 2019, 7:09 AM MDT

The Canadian Council for Aboriginal Business (CCAB) and Sodexo Canada have named Pimee Well Services LP as the recipient of…

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Meet the Energy Excellence Awards finalists

Monday, March 18, 2019, 1:12 PM MDT

With low and volatile prices, market access and diversification challenges and continuing regulatory issues, it wouldn’t seem like Canada’s oil…

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Western Canada’s rig count down 20 percent compared to last year

Monday, March 18, 2019, 7:24 AM MDT

Less than 30 percent of the drilling fleet in Western Canada was active as last week came to a close.…

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​U.S. oil drillers scale back activity as shale weakness emerges

Monday, March 18, 2019, 7:14 AM MDT

Oil drillers settled into the deepest hibernation in more than a year as the U.S. shale patch struggles to maintain…

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​Mounting orphan B.C. oil, gas wells pose environmental, financial risks: auditor

Friday, March 15, 2019, 7:19 AM MDT

VICTORIA — British Columbia's auditor general says there are almost 7,500 inactive oil and gas wells in the province that…

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​U.S. cuts oil production forecast for the first time in 6 months

Wednesday, March 13, 2019, 7:11 AM MDT

The U.S. government cut its oil production forecast for the first time in six months as drillers scale back in…

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​Producers in emerging Alberta oil play shrug off glut, curbs

Monday, March 11, 2019, 7:34 AM MDT

Producers are moving ahead in a corner of Canada’s oilsands that saw a flurry of land grabs in recent years,…

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​Alaska regulators order BP to plug, abandon 14 wells

Friday, March 8, 2019, 6:56 AM MST

ANCHORAGE, Alaska — State oil and gas regulators have ordered BP to plug and abandon 14 wells in northern Alaska…

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STEP Energy Services cuts staff as Canadian oilfield spending slump continues

Thursday, March 7, 2019, 7:27 AM MST

CALGARY — Another Calgary-based oilfield services company is reporting job cuts as activity in Canada slows due to lower oil…

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​AER suspends fracking well linked to Monday earthquake

Wednesday, March 6, 2019, 7:32 AM MST

SYLVAN LAKE, Alta. — The Alberta Energy Regulator has ordered a company to suspend fracking operations at a well site…

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Permian Basin fracking boom gains speed as Exxon, Chevron raise production forecasts

Wednesday, March 6, 2019, 7:15 AM MST

DALLAS — The fracking boom is gaining speed in the Permian Basin of west Texas and New Mexico, as Exxon…

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