150+ Operations leaders from Enbridge, Suncor, Irving Oil, SaskPower, HydroOne, Toronto Hydro, Andeavor and NASA set to share their OpEx journey in Toronto this November at the 2018 Operational Excellence in Energy & Utilities Summit. This November 26-28 over 150 Operations, Operational Excellence, EH&S, Asset Management and Reliability leaders are meeting in Toronto to learn the latest strategies for managing change, increasing efficiency and optimizing productivity - without [Read more]
Top Six Montney Gas Play Type Curves by NPV10 with Natural Gas Liquids (NGL) Yields
Canadian Discovery’s Catalyst platform delivers NPVs for type curves in key Canadian resource plays with the Sproule Play Metrics module. Each resource play is split into detailed play areas, each of which has multiple ranked type curves called tiers. NPV10 is a useful estimate of the present value within a well, area or company asset. By estimating NPVs for type curves, it’s possible to understand what a typical well is worth at each tier. Accurate and reliable reporting on liquids is [Read more]
NAFTA Issues & Resolutions, Carbon Tax and US Tax and Regulatory Reform – How will the New NAFTA affect Canadian Oil & Gas?
By mid-October 2018, NAFTA discussions will have a resolution and companies will need to analyze and strategize around the changes. The Petroleum Joint Venture Association presents Mr. David McLellan, Principal at Ridgeway Strategic Consulting Ltd. addressing the key NAFTA updates and Canada/US trade and tax & regulatory reform- increased US tariffs on steel or other concerns; Canadian responses, and recent developments in Carbon Tax at a Petroleum Joint Venture Association luncheon, [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Sep. 11 SIS Specialist - Triconex Cybertech Automation Inc. Edmonton Sep. 11 Field Operator Roska DBO Hinton Sep. 11 CLASS 1 DRIVER (FLUID HAULER) - [Read more]
Well lifecycle Reporting Tool Challenges the Norm
Why should you change your well lifecycle reporting? No doubt you are thinking about the headaches of switching to or implementing a new solution. You may consider your current approach and technology “good enough”. The truth is -- your current software is holding you back. Legacy applications lead to expensive capital overhead, IT complications, and poor user experiences, which are preventing you from operating lean, efficiently, and competitively in a changing market. Don’t let your legacy [Read more]
Never before has the term International Unconventional been more appropriate; from NAFTA to Carbon Tax all questions revolve around how do we thrive in an era of such disruption
Recently the Canadian news headlines have been filled with terms like “Chapter 19", “Cultural Exemption”, and “Supply Management System.” What are the implications of the United States trade policy on the oil and gas sector, what do we know about the imposition of new U.S. “safeguard” tariffs and Canada’s surtax countermeasures, and how will they impact the oil & Gas company’s corporate tax and supply chain planning agendas? Transnational commerce is complex and businesses frequently [Read more]
Canada Weekly Rig Count Down 24 to 204
Western Canada’s fleet of drilling rigs decreased to to a total of 204 according to data collected by Baker Hughes for the week of September 7th. From one week ago, Alberta rig counts decreased from 160 to 144. Saskatchewan's rig count decreased from 48 to 41. Oil drilling went from 151 to 133; natural gas rigs increased from 77 to 71. View a full breakdown of western Canada’s rig activity. [Read more]
“Despite the current struggles of natural gas producers in Canada, analysts believe the outlook for the sector is improving” as reported recently in the National Post
Still, questions arise on how the outlook may be improving. Clearly, Monetization of NGLs has become an important component of WCSB producers profitability. But the devil is in the details. What is the future for Ethane, Propane & Butane Supply/ Demand balances? How does US Competition square up vs. Eastern Canada vs. Western Canada. How much demand will new Petrochemical projects really create? Can Canada better position itself to become a competitive player by capitalizing on [Read more]
Mazeppa Gas Plant Decommission and Equipment Salvage
Millenia Engineering has been engaged to assist Grant Thornton Limited, solely in its capacity as the Receiver of Lexin Resources Ltd., 0989 Resource Partnership, 1051393 BC Ltd., LR Processing Ltd. and LR Processing Partnership with the sale of equipment and materials from the Mazeppa Gas Plant located at SE¼-35-019-28 W4M. The Receiver is soliciting interest to commence due diligence and submit a proposal or proposals for the purchase of equipment and materials in accordance with the terms and [Read more]
Introducing geoLOGIC basinINTEL, powered by BetaZiTM
Calgary, Alberta- September 4, 2018− geoLOGIC systems ltd., Canada’s leading oil & gas information provider, is pleased to announce a new joint-initiative with California-based predictive analytics leader BetaZi LLC. geoLOGIC basinINTEL, powered by BetaZiTM, combines geoLOGIC’s premium data with BetaZi’s unique physio-statistical algorithm to deliver accurate, pre-computed probabilistic production forecasts for every well in Western Canada. geoLOGIC basinINTEL type curves, EURs and [Read more]
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