BOE Report

BOE Report Staff

  • X

Canada rig count down 13 to 134

Canada’s fleet of active drilling rigs decreased by 13 from last week according to data from Baker Hughes. Total drilling count was 134 at September 13. 93 rigs were drilling for oil; 41 for natural gas. Alberta's drilling decreased by 11 to 86 as Saskatchewan decreased by 2 to 35. View a full breakdown of Western Canada’s rig activity. [Read more]

Oil prices fall after OPEC+ talks, ECB rate cut

Oil prices fell on Thursday after a meeting of the OPEC+ alliance yielded no decision on deepening supply cuts but focused instead on bringing Nigerian and Iraqi output down to their agreed quotas. Oil came under further pressure after the European Central Bank cut its deposit rate to a record low -0.5% from -0.4% and said it will restart bond purchases of 20 billion euros a month from November to prop up euro zone growth. U.S. West Texas Intermediate futures fell 96 cents to $54.79. Brent [Read more]

The Transformation of Upstream to Performance-Based (SLMS) Pipeline Integrity Management Arrives with Perfect Timing

Executive Summary Governments, regulators, the public and industry have indicated that improved pipeline performance within the upstream and mid-stream gathering infrastructure is essential.  Industry leaders can achieve a higher level of performance through adoption of available and emerging methods and technologies, and by implementing them as the foundation of a formal performance-based (SLMS) asset management model. A sustainable pathway to recover and sustain the growth of the oil and [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. 10 Operations Shift Leader Brunel Sarnia Sep. 9 Temporary Manager, Financial Controls and Business Process Improvement AltaGas Calgary Sep. 9 Corporate [Read more]

Aucerna Acquires Micotan Software

Energy software leader expands portfolio of integrated well delivery solutions Aucerna, the global energy industry's leading provider of solutions for integrated planning, execution, and reserves today announced it has acquired Micotan software, creators of the popular well life cycle management tool, Generwell™. With this acquisition, Aucerna brings added capability to its well delivery execution solution and expands its market leadership in the areas of integrated capital management and [Read more]

Webinar: Effective management of Asset Retirement Obligations (ARO).

Whether it’s for financial reporting or bank credit redetermination, operators across the WSCB are finding they need to pay closer attention to how they evaluate, make decisions, and report on asset retirement obligations, or ARO. XI Technologies has addressed the stumbling blocks, introduced standardized methodologies, and simplified the ARO process with the industry’s first ARO Manager software. The most recent AssetBook ARO Manager includes a handy Project Overview Report which instantly [Read more]

Athabasca Minerals Inc. Receives Favourable NI 43-101 Technical Report in Support of its Duvernay Premium Domestic Sand Project

September 10, 2019 EDMONTON, ALBERTA. Athabasca Minerals Inc. (“AMI” or the “Corporation”) (TSX Venture: ABM) is pleased to announce the completion of a Technical Report prepared in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) for the White Rabbit Property associated with AMI’s Duvernay Premium Domestic Sand Project (“Duvernay Project”). AMI’s Duvernay Project encompasses 356 hectares (878 acres) of largely [Read more]

UK based firm, Capterio, looking for Joint Venture Partners in flare abatement and gas conservation

Capterio is a unique new global enterprise that brings together new technology solutions, deep expertise and flexible financing to monetise flared gas.  We specialize in collaborative problem-solving to help you to profitably reduce natural gas flaring and greenhouse gas emissions. If you have a flaring issue or are facing production curtailment because of third party shut-ins or regulatory restrictions (e.g. AER Directive 060) then Capterio can help.  We bring not only expertise in projects [Read more]

Oil rises as new Saudi minister commits to output cuts

Oil prices rose on Monday after the new Saudi Arabian energy minister, Prince Abdulaziz bin Salman, confirmed expectations that there would be no radical change in his country’s oil policy. Prince Abdulaziz, son of Saudi King Salman and a long-time member of the Saudi delegation to the Organization of the Petroleum Exporting Countries, replaced Khalid al-Falih on Sunday. Global benchmark Brent LCOc1 crude futures were up 46 cents at $62.00 a barrel by 1011 GMT, while U.S. West Texas [Read more]