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The Alberta regulator takes aim at a growing backlog of inactive wells. Again.
Lloydminster heavy oil is one of the most profitable resource plays in North America, according Scotia Capital Inc.’s ranking of plays released in March.
Fracturing horizontal wells is an expensive proposition up front. In the emerging Duvernay shale play, Yoho Resources Inc. reported completion costs of $7 million per well—or a little over 58 per cent of the cost of drilling, casing and completing the well—this summer.
News
The City of Medicine Hat is suing the federal government for $42 million in response to the Emergency Order for the Protection of the Greater Sage-Grouse, and its impact on the city’s Manyberries oilfield interests.
JuneWarren-Nickle’s Energy Group (JWN) — a division of Glacier Media Inc. — is joining forces with Evaluate Energy, owners of the popular Canoils database, to expand the range of energy information intelligence and tools it offers its growing client base.
What the project’s owner is calling the world’s first post-combustion, coal-fired carbon capture and storage (CCS) project will be commissioned tomorrow near Estevan, Sask.
Editors’ Blogs
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Current Rig Activity
PROVINCE ACTIVE DOWN TOTAL
AB 294 271 565
SK 87 65 152
BC 48 17 65
MB 15 10 25
QC 0 1 1
Canada 444 364 808
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NYMEX Natural Gas
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AECO/NGX Spot Price
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This Month in Oilpatch History
The real loser in Tuesday 's budget appears to be SUNCOR INC. While its immediate neighbor, Syncrude, has not been treated in the same way.…
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