BOE Report Staff

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]

Canada’s fleet of active drilling rigs grew from 20 to 21 rigs since last week, according to data from Baker Hughes. Total drilling count was 21 at June 5. 7 rigs were drilling for oil; 14 for natural gas. The drilling activity in Alberta grew to 11 from 10 since last week. Saskatchewan’s drilling remained at 2 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]

In 2019, the Government of Canada made several important changes to the federal Fisheries Act, administered by Fisheries and Oceans Canada (DFO). As a result, water withdrawals in Canada are under greater scrutiny, reinforcing that most projects will require a review by DFO to maintain compliance. In conjunction with the changes made by DFO, the Alberta Energy Regulator (AER) is actively inspecting water intakes throughout the province. An update was released stating that many recent [Read more]

If the facility that you’re tied into is shut-in but you have a well that you still want to produce, an OSY tank package could be the most efficient way to bring the well back on. These packages come complete with everything needed downstream of the wellhead(tank, separator, flare, igniter, flow line and flare line) and are typically set up in 4 hours. Please call Greg at (403) 585-5750 for more information.   Below is a list of our current inventory:   Quantity of [Read more]

CALGARY - Today, Fuelled Energy Marketing Inc. (Fuelled) is pleased to announce the launch of its own appraisal service: Fuelled Appraisals (www.fuelledappraisals.com). Since inception, Fuelled has been providing valuation services as part of the Fuelled Certified process. Now with thousands of completed transactions around the world, Fuelled is in an unique position to leverage true empirical data to provide fully accredited valuations on energy equipment. Of the company's recent appraisal [Read more]