BOE Report Staff

Optimism seems to be slowly creeping into view with stabilizing and increasing energy prices and a potential finality to the pandemic, this could shape up to be the best spring/summer season for the oilpatch in quite some time. Producers begin to consider getting off their wallet and long-shelved programs get new life breathed into them. It’s also the time to develop strategy, maximize efficiency and build off what already exists. With property, people and cash – the planning is complex but [Read more]

NISKU, AB – Surepoint Technologies Group along with their partner ATB Private Equity is proud to announce the acquisition of Ironline Compression Services, the mechanical services and parts distribution arm of Ironline Compression LP (a portfolio company of Staple Street Capital, a leading middle-market private equity firm). Ironline Compression LP has been retained and will continue to operate its compressor package rental and leasing business, which was not included in this transaction. The [Read more]

Gradual improvements in drilling and completion technology have enabled operators to increase lateral lengths and stage counts and decrease stage spacing to attain greater reservoir coverage. Packers Plus is a leading innovator of these improvements in multi-stage completion systems, and the latest iteration of the StackFRAC® system was specifically designed to provide high-stage count completions. This field-proven ball-activated completion system also enables optimal treatment rates by [Read more]

Each year in Canada, over 8000 Wildfires burn over 2.5 Million Hectares. Monitoring these fires and the dangers they pose can be a monumental task. That’s why Cenozon has developed their WildFire application. Cenozon’s WildFire application uses GIS mapping to display your company assets overlaid with real-time locations of wildfires. By combining operational schematics with up-to-date information on wildfires, it has never been easier to visualize where your assets are, where the wildfires [Read more]

When purchasing oilfield equipment, you need to consider a few critical factors, such as equipment life span, cost, availability, and production timeline. Oilfield equipment comes in a variety of conditions: New: Equipment that has never been used and is typically sold by the original equipment manufacturer. New Surplus: These products have never been used but may have been built some time ago, so they may not have the latest features and may show some cosmetic imperfections. This [Read more]