Drilling & Completions

Drilling forecast calls for 14% rebound in 2021 from depths of 2020 activity

Thursday, November 19, 2020, 6:20 AM MST

The organization that represents Canadian drilling contractors is forecasting a 14 per cent increase in the number of oil and…

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5 key insights about Western Canada’s top well licensees

Wednesday, November 11, 2020, 11 AM MST

Tourmaline Oil Corp. leads the pack as the most active licensee of new wells in Western Canada during 2020, according…

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Regulator accepts BP offer to explore part of Atlantic marine refuge for drilling

Wednesday, November 11, 2020, 10:56 AM MST

A Canadian offshore oil regulator has accepted a bid from BP Canada to explore a portion of an environmentally sensitive marine refuge…

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Yukon government says it doesn't support U.S. permit for exploration in Arctic

Wednesday, November 11, 2020, 6:29 AM MST

The Yukon government says it does not support a permit for an oil drilling exploration project in the Arctic National…

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Biden win may curb U.S. oil drilling, super-charge renewables

Monday, November 9, 2020, 7:05 AM MST

Biden’s victory could end up reshaping the U.S. energy sector in years to come, although the president-elect may have limited…

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Australia becomes climate change ‘outlier’ after Biden victory

Monday, November 9, 2020, 6:38 AM MST

As the leader of one of the few developed nations yet to commit to net-zero emissions, Australian Prime Minister Scott…

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'Bleak' drilling forecast calls for even fewer Canadian oil and gas wells in 2021

Friday, October 30, 2020, 6:25 AM MDT

The Petroleum Services Association of Canada says it expects another “bleak'' year for Canadian oil and gas drilling in 2021.…

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Government approves Alaska Petroleum Reserve Willow project

Thursday, October 29, 2020, 6:15 AM MDT

The federal government has approved the Willow oil project in the National Petroleum Reserve-Alaska, allowing construction near a prized conservation…

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5 key insights about Western Canada’s most active drillers

Wednesday, October 28, 2020, 8:39 PM MDT

Crescent Point Energy Corp. and Tourmaline Oil Corp. lead the pack this week as the most active operators in Western…

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Higher oil prices fuel PrairieSky Royalty third quarter earnings and revenue rebound

Tuesday, October 27, 2020, 7:19 AM MDT

PrairieSky Royalty Ltd. says its oil and gas revenue and net earnings staged a rebound in the third quarter ending Sept.…

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Canada, Alberta agree on caribou protection deal that gives them years to take action

Monday, October 26, 2020, 6:15 AM MDT

Canada and Alberta have signed a deal on caribou protection that gives them years to take action but could allow…

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Biden calls for 'transition' from oil, GOP sees opening

Friday, October 23, 2020, 6:27 AM MDT

Democrat Joe Biden's remark that he would “transition'' away from oil in the U.S. in favour of renewable energy drew…

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