Drilling & Completions

​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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​Encana slowing Montney growth in favour of new U.S. position

Tuesday, March 5, 2019, 7:41 AM MST

Encana’s Montney growth plans have taken a backseat following its acquisition of U.S.-focused Newfield Exploration. The company is now highlighting…

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​‘This too shall pass’: This week’s best oil and gas news quotes

Tuesday, March 5, 2019, 7:40 AM MST

Here are some of the best quotes from the last week’s oil and gas news coverage in the Daily Oil…

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‘Changing of the guard’ underway at Trican as Brad Fedora named new chairman

Thursday, February 28, 2019, 7:35 AM MST

There’s a change in leadership underway at one of Canada’s major oilfield service companies. Trican Well Service has announced that…

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​B.C. faces possible $90 million tab for one company’s orphan wells

Wednesday, February 27, 2019, 7:15 AM MST

An energy company operating in B.C.’s northeast and now in receivership has left 300 to 500 wells facing possible designation…

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