Drilling & Completions

​Alberta-based Frac Shack enters Argentina market

Monday, April 1, 2019, 7:10 AM MDT

Acheson, Alta.-based Frac Shack Inc. says it has entered the Argentina oil and gas market through a 51 percent owned…

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Oilfield service companies pessimistic about revenue in 2019: Outlook Report

Friday, March 29, 2019, 7:21 AM MDT

After a disastrous 2016, oilfield service companies reported a rebound in revenues in 2017 as increases in oil prices and…

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Cash flow is king when it comes to covering costs: Service & Supply Outlook Report

Wednesday, March 27, 2019, 2:39 PM MDT

In an extremely difficult operating environment, cash flow will continue to be king for oilfield service companies in 2019, according…

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​More hard times ahead expected by Canada’s oil and gas service companies

Wednesday, March 27, 2019, 7:26 AM MDT

Last year was disappointing for the Canadian oilfield service industry and 2019 will be even worse, based on results of…

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​U.S. operations revenue growing for Canadian oilfield services firms

Tuesday, March 26, 2019, 7:18 AM MDT

CALGARY — Large Canadian oilfield services companies with operations in the U.S. are now earning more of their revenue south…

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​Shale suffers growing pains that could slow U.S. oil production

Tuesday, March 26, 2019, 7:03 AM MDT

The dramatic ramp-up in U.S. shale production is running into a combination of issues -- technical and financial -- that…

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B.C. fracking report recommends improvements to Montney regulatory regime

Thursday, March 21, 2019, 7:27 AM MDT

B.C.’s existing regulations for hydraulic fracturing are “robust,” a special scientific panel reports.But it adds that the rapid adoption of…

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B.C. aims to clean up hundreds of orphan well sites

Wednesday, March 20, 2019, 7:25 AM MDT

Plug “Dawson Creek” or “Fort Nelson” into Google Earth, and zoom into the surrounding rural areas, and you will see…

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​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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