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By the time a steam assisted gravity drainage (SAGD) well reaches the blowdown stage, its life is effectively over. But shed no tears, it’s been a good life, and there may be a few more years of production left.
Oilsands industry expansion exists in lockstep with demand for condensate, and even though emerging natural gas plays in western Canada look promising for liquids production, the diluent game promises to remain based on imports as bitumen production grows.
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.
An advertising campaign designed to raise awareness within the United States of Canada as a “secure, reliable and responsible” supplier of natural resources achieved a “significant” recognition of the intended messages, says the federal government.
Hawaiian Electric’s board of directors has approved a LNG supply agreement with FortisBC, which still needs to be finalized pending approvals from regulators in British Columbia and Hawaii.
The B.C. Oil and Gas Commission has expanded the suspension of short-term water withdrawals by the oil and gas industry.
Editors’ Blogs
Current Rig Activity
AB 273 287 560
SK 66 78 144
BC 50 22 72
MB 13 13 26
NT 0 1 1
QC 0 1 1
Canada 402 402 804
Oil & Gas Prices
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NYMEX Natural Gas
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