Calgary, AB – Lateral Completions Inc (“Lateral”), an innovator in downhole tool technology for horizontal PNP completions, announced today that one of the largest oil producers in Alberta’s Duvernay Formation has integrated Laterals’ ‘Dissolva-Perf’ System (DP) to their completion. The Patent-Pending DP Toe Initiation System allows the operator to stimulate the first stage without the need of pumping down wireline to perforate the first stage. This results in a huge time savings, and safer [Read more]
BOE Report Podcast Episode 13: Oversupplied oil market and COVID-19 cause mayhem
On this episode of the BOE Report podcast, the team discuss the dreadful international situation surrounding the coronavirus and concurrent oil price war. Get episode on Google Play | iTunes | RSS On the Show Terry Etam Josh Groberman Michael Hibbs Topics Why the Remedy May Be Worse Than the Disease Canada Oil and Gas Markets Goldman Sachs Says Oil Has a Lot More Downside Risk [Read more]
Bonavista Energy Corporation Provides Financial and Capital Budget Update
Calgary, Alberta - Bonavista Energy Corporation (TSX: BNP) ("Bonavista" or the "Company") has worked extensively over the past twelve months in an effort to realign its near term debt maturities and maintain adequate liquidity to continue ordinary course operations in extraordinary market conditions. As part of these efforts, Bonavista issued a draw request for $175 million available under its existing $500 million bank credit facility (the "Facility") with a syndicate of eight Canadian banks [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 Mar. 17 Senior Project Engineer Brunel Sarnia Mar. 17 Lead Telecommunications Engineer - Operations Brunel Calgary Mar. 17 Senior Telecommunications [Read more]
Canada weekly rig count down 28 to 175
Canada’s fleet of active drilling rigs shrank from 203 to 175 since last week according to data from Baker Hughes. Total drilling count was 175 at March 13th. 115 rigs were drilling for oil; 60 for natural gas. The drilling activity in Alberta fell from 139 to 127 since last week. Saskatchewan’s drilling dropped from 43 to 29 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]
Journey Energy Inc. to pay $125 000 fine for 2017 pipeline failure
Journey Energy Inc. has been ordered to pay a $125 000 fine for a pipeline failure that happened in June 2017. The company pled guilty to one charge under the Environmental Protection and Enhancement Act in provincial court. Journey’s plea comes after a mixture of crude oil and produced water was released from two breakpoints on a pipeline approximately one kilometre southeast of Winfield, Alberta. In total, at least nine cubic metres of emulsion was released from the second breakpoint, [Read more]
Company Flushing Out Canada Gas Prospects
March 10, 2020 – Sweet Gas Production – U.S. based, Canadian company has an immediate need for in excess of 560 103 m3/day of dry, sweet gas in the Western Canadian Sedimentary Basin. Production can be split in minimum of 28 103 m3 tranches and tied in to a central gathering point. Terms to be negotiated and willing to purchase operated properties or gas prior to a sales point. Please contact info@grouseenergy.ca [Read more]
Mid-size Independent Oil and Gas Producer completes 4.2 million item migration of seismic data to AWS using CloudSeis
CALGARY, AB – Explor, a leader in geophysical technology, announced today that it has recently completed a successful, full migration of a mid-size independent oil and gas producer’s seismic data to AWS Cloud Storage, using their CloudSeis process and methodology. Seismic data has unique qualities that sets it apart from other data. In any migration of seismic to the cloud it is essential that certain protocols be put in place and executed beforehand to ensure the fidelity of the data [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 Mar. 10 Shift Operator Rush Energy Services Inc. Breton Mar. 10 Clinical Trial Budget Specialist Brunel Dorval Mar. 9 Field Operator Roska DBO Fort St. [Read more]
Exclusive interview with Director of Operations for Enterprise Services at Enbridge. Biju discusses Enbridge’s continuous improvement and digital transformation journey
Read the exclusive interview to find out how Enbridge is: Using business and technology road mapping to successfully automate your operations Setting up an Automation CoE and implementing ‘bots’ throughout the business Using RPA, Process Mining and computing software to efficiently get employees the information they need, when they need it Read the interview here. Biju Misra will also be speaking at the Operational Excellence in Energy, Chemicals & Resources Summit this June [Read more]
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