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A tsunami of natural gas liquids (NGLs) is flowing into the North American energy market, as producers increasingly shun dry gas for liquids-rich natural gas.
Whether targeting oil or natural gas liquids, Kaybob, laying on the eastern outskirts of the Deep Basin, is one of the hot spots of both exploration and development.
After years of preparation, Syncrude Canada Ltd. is installing a potentially game-changing technology upgrade at its Mildred Lake oilsands mine.
News
The Quebec government, its people and its businesses are warming to development of that province’s resources after several years of reluctance to employ fracturing technology to produce shale gas.
In an effort to obtain access to lands on Burnaby Mountain to study a possible tunnel, Trans Mountain Pipelines ULC says it expects to file concurrent requests with the National Energy Board and the City of Burnaby.
Last week’s downing of the Malaysian Airlines aircraft in eastern Ukraine and the potential imposition by the European Union of more stringent economic sanctions against Russia could open a door in Europe for western Canadian crude oil, says an Ontario political scientist.
Editors’ Blogs
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Current Rig Activity
PROVINCE ACTIVE DOWN TOTAL
AB 268 292 560
SK 77 73 150
BC 55 21 76
MB 8 11 19
NT 0 1 1
QC 0 1 1
Canada 408 399 807
Oil & Gas Prices
NYMEX-WTI
USD 101.67 / BBL
NYMEX Natural Gas
USD 3.75 / MMBTU
AECO/NGX Spot Price
CAD 3.64 / GJ
This Month in Oilpatch History
The NATIONAL ENERGY BOARD'S CANADIAN GAS SUPPLY/REQUIREMENTS REPORT was made public yesterday afternoon by the HON. DONALD MACDONALD,…
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