BOE Report Staff

Canada's fleet of active drilling rigs increased to 127 from the previous week's count of 118 according to Baker Hughes. Oil drilling totaled 85 rigs, while natural gas drilling totaled 42. Alberta was the only province with an uptick in activity, increasing its total from 63 to 73. Drilling activity has remained very depressed in western Canada as producers continue to face challenges related to continued Alberta production curtailments, record low natural gas prices and generally poor [Read more]

Canada’s fleet of active drilling rigs held steady at 118 this week according to data collected by Baker Hughes. This is still fairly weak compared to last year around this time, when there were 211 rigs active. Of the active rigs, 83 are drilling for oil; 35 for gas. 53% of the active rigs are in Alberta; 33% in Saskatchewan. View a full breakdown of western Canada’s rig activity. [Read more]

ARMOUREE App - Mobile energy equipment cataloguing, inventory management & P2P energy equipment platform Previously, Fuelled announced the acquisition of PNG Equipment and subsequent rebrand to ARMOUREE. The release of the ARMOUREE mobile app is a major milestone for ARMOUREE and a significant upgrade to the existing platform. The ARMOUREE app allows energy producers and energy service companies to catalogue, track and promote energy equipment both internally and [Read more]

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]