BOE Report Staff

Reserves reconciliation can be confusing (even for the experts). We’re here to help. Join us on June 4th, 2020 at 1:30 PM MST for the first edition of our new Power Up webinar series: Resolving Reconciliations: How to Keep it Simple. During this live 45-minute session, Jodi Anhorn, President and CEO of GLJ, will be helping businesses reporting under NI 51-101 navigate reserves reconciliation.  From general questions to case studies addressing how the Canadian Oil and Gas Evaluation [Read more]

On May 25, 2020, the British Columbia Oil and Gas Commission launched the Dormant Sites Reclamation Program (DSRP). The DSRP will access $100 million of federal funding provided to the Province of British Columbia to clean up dormant oil and gas wells as part of the Federal Government’s COVID-19 Economic Response Plan.  The funding is being made available in two $50 million increments. The first increment is open for applications until October 31, 2020. Eligible activities under the first [Read more]

As businesses across Canada reopen with caution, respecting social distancing and encouraging strong hygiene practices are more important than ever to help prevent further outbreaks. Calgary brewery, Annex Ale Project, is now offering their Crisis-Grade Hand Sanitizer for sale in flats of 473ml cans or boxes of 4 x 4L jugs. PRICING: A flat of 24 x 473ml cans = $144 + GST A box of 4 x 4L Jugs = $128 + GST Prices include free delivery in Calgary. To order, please contact [Read more]

New software enables high resolution, real-time stage frac data to be overlayed on multiple previous stages to visualize optimized performance or to be tracked against an “ideal” pre set stage Commercialized software to be officially released to market in Q2, 2020 Developed by Cold Bore Technology’s Houston, Texas-based digital team CALGARY, AB - May 26th, 2020 - Cold Bore Technology Inc. (“Cold Bore”), a leader in completion optimization technology, announced today that it will [Read more]

Canada’s fleet of active drilling rigs shrank from 23 to 21 since last week according to data from Baker Hughes. Total drilling count was 21 at May 22. 8 rigs were drilling for oil; 13 for natural gas. The drilling activity in Alberta fell from 11 to 10 since last week. Saskatchewan’s drilling remained at 2 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]

With the recent announcement of the Alberta Site Rehabilitation Incentive Program, funded as part of the federal government’s COVID-19 Economic Response Plan for oil field services contractors, there is a new focus on defining end of life work. Resource Energy Solutions, offers an automated well abandonment programming solution called Total Operations, Risk & Control (TORC) that generates a draft program outline and it creates relevant tasks and workflow processes. TORC increases [Read more]

Canada’s fleet of active drilling rigs shrank from 26 to 23 since last week according to data from Baker Hughes. Total drilling count was 23 at May 15th. 7 rigs were drilling for oil; 16 for natural gas. The drilling activity in Alberta fell from 15 to 11 since last week. Saskatchewan’s drilling remained at 2 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]