Sayer Energy Advisors has been engaged to assist Blackspur Oil Corp. (“Blackspur” or the “Company”) with the sale or farm-out of its oil properties located in the Drumheller and Cessford areas of Alberta (the “Properties”). At Drumheller, Blackspur holds 50-100% working interests in over 2.75 sections of land on which it has a 100% working interest in one well producing approximately 29 boe/d, consisting of 16 barrels of oil per day and 80 Mcf/d of natural gas from the Ellerslie [Read more]
As oil price rebounds labour shortage looms in Alberta’s North
Despite the high number of layoffs that have occurred in Alberta's oilpatch the last few years, there happens to be a oilpatch labour shortage taking place at the moment in Alberta's north according to Bruce Covernton of Big Fish Staffing. Bruce's firm concentrates on connecting employers with suitable employees in Alberta's energy industry. "Field workers are in short supply right now as the Alberta oil business, from producers to service companies, experiences a much anticipated [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 here to create an account to post jobs; it’s simple and easy to use. Feb. 10 Coil Tubing Operator - Red Deer Calfrac Well Services Red Deer Feb. 10 Coil Tubing Operator - Grande Prairie Calfrac Well Services Grande Prairie Feb. 10 Receptionist/Office Administrator Canamax [Read more]
Addressing Misconceptions About The Dakota Access Pipeline
There are a number of misconceptions and myths about the Dakota Access Pipeline Project. Unfortunately, a number of media outlets, bloggers, opinion writers, and social media accounts have spread a number of similar misconceptions. Here are the facts. The Dakota Access is one of the most technologically advanced and safest pipelines ever built. It is entirely underground and surpasses federal safety requirements. The pipeline does not encroach or cross any land owned by the Standing Rock [Read more]
This past January, Divestco digitized its 100,000th well
Divestco is pleased to announce that this January we digitized our 100,000th well in the Western Canadian Sedimentary Basin! And thousands more internationally. A special thank you to all our clients and great staff that have enabled us to reach this number. Divestco has been digitizing logs for over 40 years. During this time, we have honed our speed, quality and service to be second to none. We digitize both International and WCSB logs from either digital or paper formats delivering [Read more]
Sproule invites you to attend Sproule Webinar Series: Predicting Long Term Well Performance using Early Life Data, February 28, 2017
Sproule Webinar Series Predicting Long Term Well Performance Using Early Life Data Presented by: Matthew Tymchuk, Manager, Capital Strategies When preparing performance estimates, what early life production data should be considered? Investment decisions are often made using wells with short production history as detailed early life production and test data are usually not publicly available and is time-consuming to evaluate. This webinar will: Examine play-level strategies [Read more]
Sproule Enters Brazil’s Oil and Gas Market with Strategic Hire
CALGARY, AB, CANADA – February 7, 2017 – Sproule, a leading global energy consulting firm, is pleased to announce the addition of a new senior energy executive, Nelson Narciso Filho, to lead its business development efforts in Brazil. Mr. Narciso brings 35 years of global oil and gas experience. He has worked start-up operations in Brazil, Angola and Namibia, having held positions at Brazilian exploration and production company HRT Africa, and oilfield service providers Halliburton, ABB, [Read more]
Alberta spuds most wells in January in 2 years
It should come as no surprise that along with the gradual increase in the prices oil and gas, rig activity has also increased. This past January, the number of wells spud was at its highest in two years with 717 wells spud. This is compare to 2015 when the total amounted to 767. The breakdown between oil and gas wells amounted to 524 or 73% for oil, and 193 for natural gas.The increase from one year ago was substantial. In Januray of 2016, a total of 479 wells were spud. The following is a [Read more]
Where was the money spent? A snapshot of upstream M&A activity in 2016
According to BOE Report M&A Database, over $14 billion of Western Canadian upstream deals closed in 2016, comprised of over 339,000 BOE/D. Oil sands transactions topped the list with nearly $6 billion (comprised of 147,000 BOE/D) worth of transactions. Suncor Energy's acquisition of Canadian Oil Sands. The Montney was the most active shale play with over $4 billion (with 93,000 BOE/D) worth of deal. The largest transactions were Seven Generations purchase of assets from Paramount [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 here to create an account to post jobs; it's simple and easy to use. Feb. 5 Coil Tubing Operator - Medicine Hat Calfrac Well Services Medicine Hat Feb. 5 Class 1 - Fracturing Operator - Grande Prairie Calfrac Well Services Grande Prairie Feb. 5 Class 1 - Fracturing Operator [Read more]
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