BOE Report Staff

As the economy reopens and we get back to work, we need to be proactive in protecting our businesses. COVID-19 has left its mark across all industries, and oil and gas has been hit particularly hard. Many organizations are asking hard questions and there are key considerations for oil and gas companies as they plan what comes next. Know who you’re working with Your trusted clients that previously honoured your payment expectations are feeling the impact of the pandemic. How do you know if they [Read more]

Technology deployments lead to efficiency increases of 22% through optimized operations in most recent quarter CALGARY, AB – 16th June, 2020 - Cold Bore Technology Inc. (“Cold Bore”), a leader in completion optimization technology, announced today that existing client, Permian-based oil and natural gas producer, Parsley Energy (Parsley), has digitized its entire completion operations with the SmartPAD operating system. Having carried out its first SmartPAD deployment in December 2019, [Read more]

The BOE Report is proud to announce that it has achieved a new record of 1.2 million visits in the last 3 months, with 250 thousand from Alberta alone. We continue to appreciate the support of our readers from all across Canada. The BOE Report is the predominant source for oil and gas news, activity and information for oil and gas producers. Over 400 producing companies use the site every day. Both banner advertisements and sponsored announcements are available. More information can be [Read more]

Canada’s fleet of active drilling rigs remained at 21 rigs since last week, according to data from Baker Hughes. Total drilling count was 21 at June 12. 7 rigs were drilling for oil; 14 for natural gas. The drilling activity in Alberta and Saskatchewan remained the same, at 11 and 6 respectively. View a full breakdown of Western Canada’s rig activity. [Read more]

In response to public health orders issued by the Government of Alberta, members of Alberta’s energy industry have submitted information to the Alberta Energy Regulator (AER) about conflicts between these orders and AER requirements. These conflicts mean that following one set of requirements puts them in noncompliance with the other set. The AER developed a process to resolve these conflicts while ensuring that the environment and the health and safety of Alberta communities and industry [Read more]

LONDON (Reuters) - Oil prices fell on Tuesday weighed down by a stronger dollar and oversupply concerns after it was announced that a trio of Gulf producers would end voluntary output cuts. West Texas Intermediate (WTI) crude fell 14 cents, or 0.3% to $38.10 per barrel. Brent crude was down 28 cents, or 0.69% to $40.49 a barrel. A “slightly stronger U.S. dollar... is weighing on crude prices. Also the prospect of higher production from Saudi Arabia, Kuwait, UAE and Oman in July is not [Read more]

The BOE Report has several datasets available for download, providing the most up-to-date information on the following: Well drilling/License data M&A database Both sets show comprehensive data for Western Canada and are updated weekly. Sample data is available for viewing, as well as a list outlining the available data points contained in each set. These datasets are available through download in CSV format through a licensed subscription. For more information on [Read more]