BOE Report

BOE Report Staff

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Operate More Efficiently And Help Increase Profits

Billions of dollars in public and private capital projects are either planned or currently under construction, and businesses operating in the oil and gas sector need to prepare themselves to capitalize on opportunities. Those set to action operationally will make initial gains vis-a-vis their competitors, but it’s the businesses that marry their on-the-ground operational sophistication with a streamlined back office support process that will ultimately outlast and outperform their industry [Read more]

Canada Weekly Rig Count Up 12 to 119

Western Canada’s fleet of drilling rigs went up by 12 to 119 according to data collected by Baker Hughes for the week of June 21st. Oil drilling went from 69 to 80; natural gas rigs went from 38 to 39. View a full breakdown of western Canada’s rig activity. [Read more]

Federal Cabinet Approval of Trans Mountain Pipeline Project is only one Hurdle of Many the Canadian Government Needs to Jump

CALGARY, AB (June 18, 2019) – The Petroleum Services Association of Canada (PSAC) acknowledges the federal government’s approval of the Trans Mountain Expansion Project (TMEP) but notes there are more hurdles for the government to cross before the pipeline will be built. Gary Mar, President and CEO of PSAC, says, “The federal government was right to approve the TMEP. Poll after poll has shown that the majority of Canadians support this project, including an Abacus poll(1) which reported in [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 Jun. 17 Operator - Townsend AltaGas Fort St. John Jun. 17 Temporary Scheduler, Logistics AltaGas Calgary Jun. 17 Third Class Power Engineer / Sour Gas [Read more]

Canada Weekly Rig Count Up 4 to 107

Western Canada’s fleet of drilling rigs went up by 4 to 104 according to data collected by Baker Hughes for the week of June 14th. Oil drilling went from 59 to 69; natural gas rigs went from 44 to 38. View a full breakdown of western Canada’s rig activity. [Read more]

Rally Canada Resources Ltd.: Non-Core Property Divestiture

Rally Canada Resources Ltd. (“Rally”) is in the process of selling certain non-core properties located in Alberta (Range14-24, Township 38-42). Recent net production from all of the assets is over 300 boe/d (~85% oil and liquids); approximately 260 bbl/d of oil behind pipe; and 6 potential infill locations. The assets are a mix of Unit, Operated, and Non-Operated Working Interests, with the majority being operated. Cash offers to acquire the properties will be accepted until 12:00 pm on July [Read more]

Ulterra Brings Matrix Drill Bit Manufacturing to Canada with the Expansion of their Canadian Manufacturing Facility

Leduc, Alberta, Canada, June 13, 2019 -- Ulterra Drilling Technologies, one of the world’s fastest growing suppliers of PDC drill bits for the oil and gas industry, has expanded their manufacturing facility in Leduc, Alberta, Canada. The addition of this facility is part of Ulterra’s overall strategy to increase manufacturing capabilities by 70% worldwide. The expansion involves the former United Diamond facility outside of Edmonton, where the legendary UD513 steel drill bit was manufactured. [Read more]