Recently the Canadian news headlines have been filled with terms like “Chapter 19", “Cultural Exemption”, and “Supply Management System.” What are the implications of the United States trade policy on the oil and gas sector, what do we know about the imposition of new U.S. “safeguard” tariffs and Canada’s surtax countermeasures, and how will they impact the oil & Gas company’s corporate tax and supply chain planning agendas? Transnational commerce is complex and businesses frequently [Read more]
Canada Weekly Rig Count Down 24 to 204
Western Canada’s fleet of drilling rigs decreased to to a total of 204 according to data collected by Baker Hughes for the week of September 7th. From one week ago, Alberta rig counts decreased from 160 to 144. Saskatchewan's rig count decreased from 48 to 41. Oil drilling went from 151 to 133; natural gas rigs increased from 77 to 71. View a full breakdown of western Canada’s rig activity. [Read more]
“Despite the current struggles of natural gas producers in Canada, analysts believe the outlook for the sector is improving” as reported recently in the National Post
Still, questions arise on how the outlook may be improving. Clearly, Monetization of NGLs has become an important component of WCSB producers profitability. But the devil is in the details. What is the future for Ethane, Propane & Butane Supply/ Demand balances? How does US Competition square up vs. Eastern Canada vs. Western Canada. How much demand will new Petrochemical projects really create? Can Canada better position itself to become a competitive player by capitalizing on [Read more]
Mazeppa Gas Plant Decommission and Equipment Salvage
Millenia Engineering has been engaged to assist Grant Thornton Limited, solely in its capacity as the Receiver of Lexin Resources Ltd., 0989 Resource Partnership, 1051393 BC Ltd., LR Processing Ltd. and LR Processing Partnership with the sale of equipment and materials from the Mazeppa Gas Plant located at SE¼-35-019-28 W4M. The Receiver is soliciting interest to commence due diligence and submit a proposal or proposals for the purchase of equipment and materials in accordance with the terms and [Read more]
Introducing geoLOGIC basinINTEL, powered by BetaZiTM
Calgary, Alberta- September 4, 2018− geoLOGIC systems ltd., Canada’s leading oil & gas information provider, is pleased to announce a new joint-initiative with California-based predictive analytics leader BetaZi LLC. geoLOGIC basinINTEL, powered by BetaZiTM, combines geoLOGIC’s premium data with BetaZi’s unique physio-statistical algorithm to deliver accurate, pre-computed probabilistic production forecasts for every well in Western Canada. geoLOGIC basinINTEL type curves, EURs and [Read more]
Trump’s Impact on the O&G Industry: How to Reduce Exposure to Tariffs
With the future of NAFTA still uncertain, the imposition of new U.S. “safeguard” tariffs and Canada’s surtax countermeasures, the issue of customs duties and tariffs is at the top of every oil & gas company’s corporate tax and supply chain planning agendas. Join BDO Canada's leading customs and international trade expert Charmaine Goddeeris, and special guest speaker Damon V. Pike, President of Global Trade Strategies, Inc. (a BDO Alliance USA member firm), for a one-hour webinar [Read more]
Monitor, manage and enter data remotely with Zedi Go
How are your field operators collecting their data these days? In a tally book? Or a reading sheet? Or are they wrestling with a laptop in their truck on a remote well site? If you answered yes to any of those, here’s the next question: How’s that working? Do those pages get lost? Are they readable? Are there ever transposed numbers? And, finally, how long does it take to decipher those numbers and input into your computer system? I didn’t even bring up coffee stains, illegible [Read more]
Upcoming CAPL Courses and Lunch & Learns
Here is the upcoming list of courses offered by CAPL. For more information, click on a course link below or visit landman.ca Date Course Category Status Sep 06 2018 Title Review & Due Diligence: A How To Acquisitions and Divestments open Sep 26 2018 ROFR Issues: An Interpretative Approach Agreements and Contractual Issues open Sep 27 2018 Alberta Crown Lease Continuation (morning) Regulations open Sep 27 2018 Alberta P&NG Regulations [Read more]
Major Changes to Alberta Crown Sales Disrupts Industry
Industry is scrambling to determine how to move forward with maintaining their confidential mineral land rights. In response to AB Energy’s Information Bulletin 2018-02, Land Service companies and producers are forced to rethink who and how Crown mineral agreements are held. Recently, one of the long-standing Land Service companies in Calgary announced they will be discontinuing Crown Sales throughout Canada due to the implications of regulatory changes. AB Energy has confirmed this Bulletin [Read more]
Weinberger’s Weld/Fab & Piling Services Auction
AUCTIONEERS NOTE: This is the surplus assets of a major company in Red Deer that has recently realigned its operations. There will be a lot sold in bulks lots. Your attendance will be appreciated. For more information and pics see www.montgomeryauctions.com VIEWING: Tues. Sept. 11 9AM – 4PM REMOVAL: By Fri. Sept. 14 @3PM 10% Buyers Fee /13% on-line Subject to Addition & Deletions TERMS: CASH/C/CARD/BANK TRANSFER MONTGOMERY AUCTION SERVICES LTD. 1-800-371-6963 [Read more]
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