BOE Report Staff

Canada’s fleet of active drilling rigs shrank from 54 to 41 since last week according to data from Baker Hughes. Total drilling count was 41 at April 3rd. 9 rigs were drilling for oil; 32 for natural gas. The drilling activity in Alberta fell from 46 to 29 since last week.  Saskatchewan’s drilling remained at 1 rig. View a full breakdown of Western Canada’s rig activity. [Read more]

CALGARY, Alberta (March 31st, 2020) - ELM Inc. ("ELM") is pleased to announce that it has successfully completed a record-breaking winter operating season, managing over $16 million in project costs, and supporting our clients in their efforts to reduce their environmental liabilities. “We are proud of the coordinated, systematic execution delivered by our expert team, many of whom have been working together for more than 20 years. They welcomed the challenge of achieving such an ambitious [Read more]

CALGARY, AB, March 30, 2020 – The Petroleum Services Association of Canada (PSAC) announces today that Gary Mar has resigned as President and CEO of the Association, effective April 15, 2020 to accept a position in another organization. “In the interim, Senior Vice President Elizabeth Aquin will assume the role of President and CEO with the full confidence of the Association’s Board of Directors. As we navigate these challenging times, Elizabeth is dedicated to continue bringing our members [Read more]

When we feel a global impact like the one from novel coronavirus (COVID-19), we need to be prepared to adapt and keep every aspect of your business safe—from pivoting immediately to formulating long-term strategies for success. Above all, the people driving your businesses are priority. BDO teams across the country are proactively engaged and rapidly monitoring new developments, providing guidance and support to clients wherever they need it, and responding accordingly. We're here to offer [Read more]

Dissolvable technology has been an evolving success story — innovation answering necessity in an industry never short of challenges. Today, dissolving plugs are a frequent if not typical component of most well completions, in all wellbore or downhole environments. Dissolvable plugs have proven to be particularly effective in long laterals with higher stage density. In fact, a report by Stratview Research predicts that the global dissolvable frac plugs market is likely to reach $1,178.8 million [Read more]

Canada’s fleet of active drilling rigs shrank from 98 to 54 since last week according to data from Baker Hughes. Total drilling count was 54 at March 27th. 18 rigs were drilling for oil; 36 for natural gas. The drilling activity in Alberta fell from 73 to 46 since last week.  Saskatchewan’s drilling dropped from 12 to 1 rig. View a full breakdown of Western Canada’s rig activity. [Read more]

Monday, March 30th | 11:00 am MST | 45-Minutes Already grappling with infrastructure challenges, the Canadian petroleum industry now faces COVID-19 and a near-complete crude price collapse.  Survival in these unprecedented times will require companies to make difficult decisions that will impact the near and long-term viability of your business.  This webinar explores the many hard decisions required at this time using real-world examples to illustrate their potential impact. Featured [Read more]