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…
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…
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…
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…
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…
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…
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…
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…
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…
‘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…
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…
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.…
