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Digital Transformation for E&P Means Closer Look at Data Management

Geoscience industry turns to consultants to bring data up to speed Digital transformation could revolutionize the subsurface data programs for companies whose vast data archives reside on paper or some other form of inaccessible legacy media. The transition from legacy media and “paper to digits” for seismic, well logs, well files, maps, graphics and reports will be imperative for the industry to keep up with the pace of innovation. Creating a searchable, accessible digital version of all [Read more]

Canadian heavy oil and bitumen are still critical to American energy security

As discussed last week at the Calgary Energy Roundtable, as U.S. output soars to record levels,  Canada risks losing its edge. However, David McLellan, Principal at Ridgeway at Strategic Consulting Ltd., who recently spoke with BOEReport.com, has a different take on Canada’s role and he is pragmatically optimistic. “The application of HZ multi-stage fracturing to unconventional reservoirs has changed global energy dynamics.  The USA has seen the greatest gains by increasing production from [Read more]

A Measurement Revolution: Chart-Reading, Schematics, and Meter Calibration

Many oil and gas companies are facing challenges when it comes to innovation and adopting the latest technologies. In a world of artificial intelligence, computer visioning, and cloud computing, the oil and gas industry still largely depends on paper schematics, conventional post, and physical charts for their measurement needs. Chart reading is critical to operations, yet dozens of companies still use traditional, physical charts to record crucial measurements. This traditional process of [Read more]

Cold Bore Technology Inc. Announces Financing by Rice Investment Group and New Director Appointment

Calgary, Alberta October 15, 2018 – Cold Bore Technology Inc. (“Cold Bore” or the “Company”) is pleased to announce the closing of an investment by Rice Investment Group (“RIG”) as well as the appointment of Toby Rice to the Board of Directors. Cold Bore is a global leader in fracturing optimization software, developing the first Industrial Internet of Things based Electronic Completions Recorder and remote frac operating system deployed by Cold Bore’s SmartPADTM service. The Company’s [Read more]

BOEReport.com welcomes former Saskatchewan Premier Brad Wall as new contributor

BOEReport.com is pleased to welcome former Saskatchewan Premier, Brad Wall as its latest contributor. Mr. Wall's monthly column will feature his thoughts on a wide range of topics important to BOEReport.com's audience. Canoe Financial is pleased to be the presenting partner for Mr. Wall's monthly column. Mr. Wall served as the 14th Premier of Saskatchewan from 2007 to 2018 and is currently a special advisor to Osler, Hoskin & Harcourt LLP. "I am honoured to be a part of [Read more]

Canada Weekly Rig Count Up 13 to 195

Western Canada’s fleet of drilling rigs decreased to a total of 195 according to data collected by Baker Hughes for the week of October 12th. From one week ago, Alberta rig counts went up 4 to 130. Saskatchewan's rig count increased from 33 to 41. Oil drilling went from 119 127; natural gas rigs increased from 63 to 68. View a full breakdown of western Canada’s rig activity. [Read more]

Developing a Strategy to Improve Canadian Energy Competitiveness

An interview with David A. McLellan, Strategic Guidance Principal at Ridgeway Strategic Consulting. In the lead up to the Oct 18th PJVA Luncheon next week, we had the pleasure of catching up with David A. McLellan, Strategic Guidance Principal at Ridgeway Strategic Consulting. With US and Canadian experience as a business strategist to the Energy Industry, David shares his insights on US Trade, Tax and Regulatory reform and how Canada & US global trade relationships impact the Energy [Read more]

A new training course to prepare the Oil and Gas Industry for the impacts of wildfire

Wildfire is a reality in Alberta’s forests and grasslands and the impacts on oil and gas industry can be harsh and far reaching, as evidenced by many of the significant wildfires of the last 10 years. From the high-profile fires of Slave Lake, Fort McMurray and the massive fires of BC, to the many low-profile wildfires that have impacted oil and gas facilities, threatened personnel and even delayed production. As the impacts of these wildfires have taken their toll, the Government of Alberta has [Read more]

geoLOGIC systems ltd. to Welcome BetaZi Co-Founders at its Annual Technical Showcase

Calgary, Alberta- October 4, 2018 — geoLOGIC systems ltd. is excited to welcome two of the founders of BetaZi LLC, Janette Conradson, CEO, and Dr. Heidi Kuzma, CTO, to discuss the science behind the basinINTEL joint product with staff and clients. The Alberta-California partnership brings together the strengths of Canadian data experts and those of Berkeley computer learning pioneers and geoscientists with basinINTEL, a data-driven, pre-run production forecasting solution for all of Western [Read more]