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Treeline Well Services Inc. Acquisition & 20th Year in Business

Treeline Well Services Inc. is pleased to announce we have added two Freestanding Mobile Doubles to its rig fleet. Treeline now operates a total of 21 rigs packages, 15 of which are doubles and the average age of their double fleet is only 5 years old. Over 50% of the service rigs registered at the CAODC were manufactured before 1985. Treeline is now the largest & most active private service rig company in Canada. Treeline specializes in the deeper areas of Alberta with its base in [Read more]

Keystone XL and Dakota Access: A legal perspective on each moving forward

The orders issued on Keystone and Dakota Access focus on very different processes, but seek the same result of expediting those processes, including by relying on existing environmental review. Significantly, neither mandate a particular result, though the President has said he supports both projects. The order on construction of the Keystone XL Pipeline maintains the long-standing delegation to the State Department to make a “national interest” determination, including by undertaking NEPA [Read more]

geoLOGIC systems is Proud to Announce Drill Stem Test Training Sessions

geoLOGIC systems is proud to collaborate with Drill Stem Test expert and hydrodynamacist Richard Bartlett to offer free-of-charge training sessions focused on understanding Drill Stem Test’s and their application to petroleum hydrodynamics. Other applications will be addressed. This hands-on session will cover the digital application of Drill Stem Tests; their purpose and uses for petroleum exploration and exploitation as demonstrated using the DST Pro module within geoSCOUT. Drill Stem [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. Jan. 21 Accountants ; Production Accountants ; Land and Measurement A New Consutling Company Calgary Jan. 20 Field Maintenance Technician (Fracturing Services) - Medicine Hat STEP Energy Services Medicine [Read more]

Private company receives court approval to purchase Twin Butte Energy

The previously reported private oil and gas company, Henenghaixin Operating Corp., has received court permission to purchase Twin Butte Energy from the receiver, FTI Consulting. Here's the notice from FTI Consulting's website: On January 18, 2016 the Receiver sought and were granted a sale approval and vesting Order. The Order authorized the Receiver to sell all of Twin Butte's oil and gas assets to Henenghaixin Operating Corp. ("HOC Transaction"). The Receiver expects the transaction to [Read more]

Heritage Royalty: Palliser South Ellerslie Prospects

Heritage Royalty is marketing fee simple mineral rights for Farmout/Lease under three Ellerslie formation prospects in Palliser South. The prospects identify horizontal development opportunities in the Ellerslie formation by using production analogs. Highlights Prospect Area #1 Prospect Area #2 Prospect Area #3 T17 R13 W4M: 4 & 5 T17 R12 W4M: E13, E24 & E25 T14 R13 W4M: 8-10 & 14-17 T16 R13 W4M: 29-33 T17 R11 W4M: W18, W19, 21 & 29 PNG in [Read more]

GPS Awards Win a Big Boon

The Global Petroleum Show Awards help gain global recognition and authority, says a 2016 award winner. “Global Petroleum Show is a respected brand, it’s a nice testimony to what our technology brings,” says Joe Kuhach, CEO of Nsolv, the company that won the coveted Innovation in Technologies Award in 2016. GPS Awards recognize and celebrate leaders who drive change and evolution in the energy industry. Past winners of the prestigious awards include Titanium Corporation, Boon Energy and [Read more]

Sproule Launches New Type Curve Analysis Database and Report

From evaluating acquisition and divesture opportunities to development planning, every day, critical business decisions are made using type curves analysis. Sproule’s new up-to-date and accurate Type Curve Analysis database and report dramatically shortens time spent on screening opportunities, evaluating producing wells and benchmarking—helping you stay ahead of your competition and increase efficiency. This comprehensive and rigorous production profile dataset is available for 14 key [Read more]

Sproule Academy Continuing Education: Counterparty Risk Assessment

Counterparty Risk Assessment has always been an important tool but became even more important with the 2008 Financial Crisis, as well as in today’s challenged economic environment where numerous counterparties are defaulting. Establishing a routine methodology to conduct Counterparty Risk Assessment is essential for companies to mitigate financial and performance default risk and risk of key suppliers or even entities such as Engineering Procurement Construction Management (EPCM) entities, who [Read more]

Test drive BOE Report Finance with a free trial subscription

BOE Report Finance is a tool offering complete financial and operational data coverage for every oil and gas company listed on all the major stock exchanges in North America, including: TSX, TSX Venture, NYSE, NASDAQ, AMEX and OTC. BOE Report Finance highlights production, reserves, financials, valuation metrics, netbacks and detailed expenses per BOE produced. Users can view and interpret oil & gas financial and operational data, export data, build custom comparison tables and much [Read more]