BOE Report

BOE Report Staff

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Drakkar Energy Ltd. Seeks Joint Venture Partner

Drakkar Energy Ltd. is looking for a joint venture partner to invest $6 million in a multiwell horizontal drilling program in the Montney formation at Girouxville East. Our land base comprises twenty contiguous sections adjacent to two Montney pools. Drilling depth is 1100 metres with initial production rates exceeding 200 BOPD. Click here for a copy of our teaser and contact information for arranging a technical presentation [Read more]

Canada Weekly Rig Count Up 7 to 85

Western Canada’s fleet of drilling rigs went up by 7 to 85 according to data collected by Baker Hughes for the week of May 31st. From last Friday, Alberta rig counts went from 53 to 56. Saskatchewan's rig count increased from 11 to 17. Oil drilling went from 38 to 44; natural gas rigs went from 40 to 41. View a full breakdown of western Canada’s rig activity. [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 May. 28 IRON TECHNICIAN - (GPC) Trican Well Service Ltd. Grande Prairie May. 28 ELECTRONICS TECHNICIAN - (RDT) Trican Well Service Ltd. Red Deer May. 28 Senior [Read more]

Sproule Webinar: The Competitiveness of Canadian Natural Gas and LNG on a Global Scale

Sproule invites you to join us: The Competitiveness of Canadian Natural Gas and LNG on a Global Scale Thursday, June 13 | 10:00 am MST | 45-Minutes Join Sproule VP, Chris Mylde and Dave Tulk, Principal, GTI for a complimentary webinar featuring insights on how Canadian LNG and natural gas compare to other basins around the world. These experts will dive into Canada's inherent advantages and how Canada can evolve to maximize competitiveness on a global scale. Register Here [Read more]

The Service Exodus from Alberta to Texas

The movement of human capital and specialized oilfield equipment from Alberta to West Texas is alarming.  I completely agree with Dan Hoffarth’s (Citadel Drilling) 2018 statement regarding his company’s transition to Texas: “this was a need, not a want”.  Today, five out of six high-spec Citadel rigs are working in the Permian Basin and ~90% of their revenue is expected to come from south of the border (DOB, 2019). Connate Water Solutions is a specialized hydrogeology company and we track [Read more]

Canada Weekly Rig Count Up 15 to 78

Western Canada’s fleet of drilling rigs went up by 15 to 78 according to data collected by Baker Hughes for the week of May 24th. From last Friday, Alberta rig counts went from 43 to 53. Saskatchewan's rig count increased from 1 to 11. Oil drilling went from 22 to 38; natural gas rigs declined by 1 to 40. View a full breakdown of western Canada’s rig activity. [Read more]

Imperial Oil Resources Ltd.: 2019 Harmattan Offering

Imperial Oil Resources Limited (“Imperial”), on behalf of ExxonMobil Canada Energy (“ExxonMobil”), has initiated a process for the disposition of the Harmattan asset consisting of operated and non-operated properties located in central Alberta as further outlined below. Virtual Data Room Available:05/23/2019 Effective Date: 07/01/2019 Non-Binding Proposals Due: 06/27/2019 Harmattan Area Over 85,000 Gross / 49,000 Net Hectares Additional 33,000 Gross / Net Hectares [Read more]

Imperial Oil Resources Ltd.: 2019 Hussar Offering

Imperial Oil Resources Limited (“Imperial”), on behalf of ExxonMobil Canada Energy (“ExxonMobil”), has initiated a process for the disposition of its Hussar asset. The Hussar asset   consists of operated and non-operated properties located in southern Alberta as further outlined below. Virtual Data Room Available: 05/13/2019 Effective Date: 06/01/2019 Non-Binding Proposals Due : 06/20/2019 Hussar Area ExxonMobil’s 2018 Average Production Gas production of 3.0 mmcf per [Read more]

Column: The carbon tax will always be unfair for Albertans

Albertans have been getting a raw deal with the carbon tax since day one and things will only get worse if we let the Trudeau government impose its tax. When Alberta’s economy-wide tax kicked in there were less than a hand-full of provinces that had a carbon tax. Taxpayers in Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland and Labrador and in the territories weren’t paying the punitive tax. On April 1, the federal government imposed a carbon tax on [Read more]

Azoto Energy Services Ltd. Announces Significant Acquisition of Pumping Assets

Azoto Energy Services Ltd. (Azoto) announces that it has completed a significant acquisition of 52 pieces of high-quality heavy rolling High rate fired and low rate non-fired nitrogen pumps, storage, transports and tube trailers. David Lee, the Company’s President, said “This acquisition of significant pumping assets is an exciting development for Azoto. This transaction allows us to continue our focused growth within the Plant and Pipeline maintenance and turnaround sector and enhances our [Read more]