Service & Supply

Analysts split over $45 million drilling partner consolidation by Ensign Energy

Tuesday, July 21, 2020, 6:43 AM MDT

Analysts are split on the wisdom of Ensign Energy Services Inc.’s US$33.4-million move to buy out partner Halliburton Company’s stake…

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​Halliburton takes $2.1 billion writedown after fracking collapse

Monday, July 20, 2020, 6:29 AM MDT

Halliburton Company said revenue in North America, its largest market, collapsed by 57 per cent in the second quarter, underlying…

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Top Operators Report: ​A long, hard road for oilfield services sector hit with COVID-19

Thursday, July 16, 2020, 9:22 AM MDT

Canada’s oilfield services sector has struggled the last five years. Activity levels plummeted as operators adjusted capital expenditures in light…

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​Co-op announces tentative deal with Regina refinery workers

Friday, June 19, 2020, 6:07 AM MDT

The end could be in sight for a bitter labour dispute between the union and owner of Regina's oil refinery…

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​Calfrac Well Services shares rise 75%; oilfield company says it hired advisers

Wednesday, June 10, 2020, 6:17 AM MDT

Calfrac Well Services Ltd. says it is seeking advice on changes to its capital structure but doesn't know of any…

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Interface Fluidics named Energy Excellence Awards champion for technique that shines new light into reservoir fluid dynamics

Wednesday, June 3, 2020, 6 AM MDT

The second annual Energy Excellence Awards (EEAs) program, presented by the Daily Oil Bulletin, uniquely recognizes energy excellence and focuses…

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Sturgeon Refinery says it is processing bitumen after two years of delays

Friday, May 22, 2020, 6:20 AM MDT

The operators of the $9.7-billion Sturgeon Refinery say it is now processing oilsands bitumen as designed after two years of…

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'Immense amount of pain' predicted for Canadian oilfield services sector

Friday, May 22, 2020, 6:16 AM MDT

Canada's oilfield services sector is in for "an immense amount of pain'' over at least the next year thanks to…

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​Calfrac Well Services cuts deepen to 70% in Canada, U.S. due to low oil prices

Wednesday, April 29, 2020, 7:21 AM MDT

Calfrac Well Services Ltd. says it has now cut 70 per cent of its North American staff as demand for…

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LNG development a lifeline for Canada’s oil and gas supply chain: new report

Wednesday, April 29, 2020, 6:26 AM MDT

Declines in capital investment in Canada’s oil and gas industry, combined with technological changes, have had a negative impact on…

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Mullen Group reports 1,000 layoffs as pandemic slows economy

Thursday, April 23, 2020, 7:06 AM MDT

Trucking, logistics and oilfield services firm Mullen Group Ltd. says it has temporarily laid off about 1,000 people because of…

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​Oil’s collapse is taking an entire service industry down with it

Thursday, April 16, 2020, 7:14 AM MDT

No one is feeling the pain of an oil collapse more than the shale producers. Except, perhaps, their suppliers. Take…

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