BOE Report

BOE Report Staff

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Discover emerging technologies in Inspection and Maintenance Robotics

The SPRINT Robotics Collaborative, a global not-for-profit consortium, is hosting an open event on September 10th at the Calgary Petroleum Club from 11:30 AM - 2:30 PM. This unique open event showcases various market-ready robotic and digital technologies that increase efficiency, accuracy and improve safety for operations in the oil, gas and chemical industries. The open event in Calgary is one of the stops on the SPRINT Robotics Canada Roadshow, which travels to major oil companies in [Read more]

As the drilling season approaches, now is the best time for service companies to advertise on the BOE Report

As drilling season and all of its stresses approach, service companies need to ensure that they stay visible to oil and gas producers as they contemplate the services they may be using in the near-term. The BOE Report is the predominant source for oil and gas news, activity and information for oil and gas producers. Over 400 producing companies use the site every day–over 100,000 users in Alberta read the BOE Report monthly. Both banner advertisements and sponsored announcements are open. [Read more]

Column: Alberta’s repeal of carbon tax makes economic, environmental sense

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Utopian legislators in the United States often look with rose-tinted glasses upon the Canadian approach to everything, from higher education and medical care to global warming and international affairs. Since Canadians are the ones who live with such policies, they’re more inclined to recognize their mistakes and reverse the course, as exhibited by Alberta’s carbon tax. The repeal of the carbon tax in Alberta has had one indisputable beneficiary: Albertans. Premier Jason Kenney introduced the [Read more]

Discover emerging technologies in Inspection and Maintenance Robotics

The SPRINT Robotics Collaborative, a global not-for-profit consortium, is hosting an open event on September 10th at the Calgary Petroleum Club from 11:30 AM - 2:30 PM. This unique open event showcases various market-ready robotic and digital technologies that increase efficiency, accuracy and improve safety for operations in the oil, gas and chemical industries. The open event in Calgary is one of the stops on the SPRINT Robotics Canada Roadshow, which travels to major oil companies in [Read more]

Canada rig count down 3, continues to lag behind last year’s activity

Canada’s fleet of active drilling rigs decreased by 3 from last week according to data from Baker Hughes. Total drilling count was 147 at September 6. 102 rigs were drilling for oil; 45 for natural gas. Counts are still well below the activity levels from one year ago, when 204 rigs were working. Both oil and gas drilling are down considerably from last years counts by 31 and 26 respectively. Historically, drilling activity levels are steadily active from summer until the end of the [Read more]

U.S. shale firms cut budgets, staff as oil-price outlook dims

Oil producers and their suppliers are cutting budgets, staffs and production goals amid a growing consensus of forecasts that oil and gas prices will stay low for several years. The U.S. has 904 working rigs, down 14% from a year ago, and even that is probably too many, estimated Harold Hamm, chief executive of shale producer Continental Resources, which has reduced the number of rigs at work. Bankruptcy filings by U.S. energy producers through mid-August this year have nearly matched the [Read more]

Blockchain in Energy Event to Kick Off Alberta Blockchain Week

Week-long showcase of Alberta’s emerging blockchain ecosystem kicks off with an afternoon of events devoted to exploring the transformative potential of blockchain for Alberta’s energy industry. CALGARY, Alberta On September 9th, Calgary blockchain and energy company GuildOne is proud to be hosting Blockchain in Energy to kick off Alberta Blockchain Week. An afternoon of events intended to explore the vast potential of blockchain technologies to transform the energy industry, Blockchain in [Read more]

Noralta Technologies acquires WellKeeper Inc.

Noralta Technologies Inc., announced today that it has acquired the business of Wellkeeper Inc, based in Houston, Texas. Noralta will move quickly to integrate Well Keeper’s clients onto its nTerface remote monitoring and surveillance platform. “We see this as a very positive addition to the Noralta user community. WellKeeper’s customers sites will be seamlessly added to our platform and immediately enjoy an increased service offering” said Cam Zarowny, President and Founder of Noralta. For [Read more]

Duvernay East Shale Basin: New Leasing Opportunities Available from PrairieSky Royalty

PrairieSky Royalty has over 75 sections of Duvernay rights available for leasing to industry in the Trochu area of Central Alberta. Lands are mapped within the Duvernay East Shale Basin oil window, with up to 18m pay on PrairieSky lands. Oil production from both Upper and Lower Duvernay horizontals has been proven in the area. Interested parties can view PrairieSky’s updated land availability and technical mapping at PSK Trochu Duvernay Shale Oil Opportunity. For further information please [Read more]

XI Technologies: Why you need to pay attention to your non-operated retirement liabilities, and how to do it

Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here.  Asset Retirement Obligations (ARO) only pertain to the operators of wells and facilities, right? Wrong! With the relatively high visibility of Licensee Liability Rating (LLR) and Liability Management Rating (LMR) regulatory [Read more]