A US federal Judge ordered a halt of construction of the Keystone XL pipeline until the U.S. State Department completes a supplement to a 2014 environmental impact statement that complies with the National Environmental Policy Act and the Administrative Procedure Act. U.S. President Donald Trump approved a permit for the pipeline in January 2017, reversing a 2015 veto of the project by Barack Obama. Keystone would carry 830,000 barrels of crude a day from Alberta to Gulf Coast [Read more]
Moving Equipment Across Provincial Borders? Here’s What Your O&G Company Needs To Know
With the investment landscape in the oil and gas industry starting to shift, and more Canadian companies expanding to manage projects in multiple provinces, issues of indirect tax are becoming more prevalent. Add the recent changes to GST/HST/PST, and oil and gas companies across Canada have had to re-assess their processes for moving equipment and resources across Provincial borders. Join BDO Canada's indirect tax expert Mitch LaBuick for a 30 minute webinar discussing some of the [Read more]
Cardium Light Oil, Drill Ready Prospect Available to Industry
Kaiser Exploration Ltd. is making available to industry its Cardium rights in 8,000 acres at Berland River, Alberta Highlights: 12.5 sections (8,000 gross acres; 7,552 net). Average working interest across all lands is 94%. 100% owned existing surface lease with facilities and adjacent high grade road & NG pipeline tie-in, including a vertical Cardium Fm. producing oil well (7-12-59-25W5) Pad drilling from up to 5 existing surface leases allows for up to 23 horizontal locations [Read more]
It’s time to proactively manage your liabilities
Why should you spend your scarce capital on abandonment and decommissioning activities today instead of waiting for the next up-cycle? Natural instinct of operators in the Western Canadian oil & gas market of the past few years has been to put every hard-earned dollar into increasing production and reserves. ELM Inc. would suggest that now is the time to actively manage your abandonments and decommissioning obligations. Asset retirement obligation (“ARO’s”) is a material issue for [Read more]
Energy Companies Gear up for Winter Construction with All-Weather Road-Building Materials.
Access to Energy Resources has Immense Challenges in Winter Conditions. In late fall, wet, muddy conditions can slow down access to energy sources in Western Canada’s oil sands region—making access by heavy trucks and equipment nearly impossible. So, energy companies wait for frozen ground before ramping back up on production. Even in winter, access to remote oil sites creates challenges—undeveloped roads, poor soil conditions and limited road building resources. Companies have relied on [Read more]
New technology is changing daily practices in Oil and Gas
Most of us can think of a number of things we don’t do anymore in daily life because of new technology. One that comes to mind is “Doing math calculations in your head”. We have had calculators for a long time now, but we now carry smartphones which can do calculations whenever we want. There is now an app called PhotoMath that can solve equations just by taking a picture with a smartphone’s camera. Technological innovations surround us every day and we are feeling waves of impact in the Oil [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 Nov. 6 Field Operator Roska DBO Hythe Nov. 6 Tank Truck Drivers/Lease Operators Vertex Kindersley Nov. 6 Systems Administrator Resource Energy [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 Nov 07 2018 Aboriginal Affairs (morning) Negotiations and Business Skills closed Nov 07 2018 Indian Oil & Gas Canada (afternoon) Negotiations and Business Skills closed Nov 08 2018 Geology Technical Skills cancelled Nov 15 2018 Contract Administration: An Overview Surface and [Read more]
Jim Ellis resigns as AER president and Chief Executive Officer
The Alberta Energy Regulator (AER) announced today that Jim Ellis, president and Chief Executive Officer, will resign from the organization, effective January 31, 2019. Mr. Ellis joined the AER in 2013 as the first CEO for the newly-formed regulator. Mr. Ellis worked with the Government of Alberta and the AER Board of Directors to build the new regulator, merging the regulatory functions of the former Energy Resources Conservation Board with those of former Environment and Sustainable [Read more]
Canada Weekly Rig Count Down 2 to 198
Western Canada’s fleet of drilling rigs increased to a total of 200 according to data collected by Baker Hughes for the week of Novmeber 2nd. From one week ago, Alberta rig counts went down 2 to 139. Saskatchewan's rig count decreased from 38 to 37. Oil drilling went from 124 to 121; natural gas rigs increased from 76 to 77. View a full breakdown of western Canada’s rig activity. [Read more]
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