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In the tortured history of oil shale development in the western United States, the latest chapter is being edited by U.S. President Barrack Obama. His administration is viewed as hostile to fossil fuel development, and Glenn Vawter would like to see another editor take over later this year.
It’s being called the most aggressive and largest collaboration of its type on the planet, bringing in a “new era” of oilsands development—twelve of the biggest players in the sector have announced a plan to pool their technology research and development (R&D) resources to accelerate improvements in environmental performance by the industry as a whole.
Horizontal drilling technologies, enhanced recovery technologies like polymer floods, and thermal recovery techniques are resulting in improved heavy oil recovery in fields across western Canada.
News
Rig Activity For May 15, 2012
Filling its new gas plant at Ante Creek in northern Alberta will be ARC Resources Ltd.'s flagship project this year, shareholders heard this week.
IHS, the leading source of information and analytics, has announced an agreement with Australian technology and service provider EnVizTec to meet surging market demand for information management
Sperry Drilling, a Halliburton business line, has introduced the SperryDrill XL/XLS and GeoForce XL/XLS series motors to its fleet of positive displacement drilling motors.
Editors’ Blogs
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Current Rig Activity
PROVINCE ACTIVE DOWN TOTAL
AB 99 489 588
SK 39 90 129
BC 23 31 54
MB 2 19 21
NB 0 2 2
Canada 163 631 794
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CAD 88.35 / BBL
Imperial Bow River (25 API)
CAD 78.98 / BBL
Flint Hills/Lloyd Blend
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This Month in Oilpatch History
CANADIAN FINA OIL LIMITED was incorporated with a Dominion charter this week, and capitalized at $3,000,000, to carry on oil exploration and…
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Suncor Energy celebrates the reclamation of the very first tailings pond in Alberta's oilsands while showcasing a new technology that will dramatically accelerate the reclamation of future ponds.
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