British Columbia’s Crown petroleum and natural gas land sale history tells a fascinating story of the evolution of the province’s oil and gas industry. There was the great Montney land rush of the late 2000s, when companies scrambled to establish positions in what was still an emerging unconventional play. There was the long decline that followed as the best acreage increasingly found its way into industry hands and industry cash flows stagnated. Then there was the hiatus where BC Crown land [Read more]
Canada moves to streamline pipeline, major project reviews
Canada has changed its federal impact assessment rules to remove interprovincial and international pipelines and several other types of energy projects from the Impact Assessment Act, as the government seeks to speed up major project approvals and reduce regulatory duplication. Under the changes, interprovincial and international pipelines will no longer face an assessment led under the Impact Assessment Act. Instead, projects regulated by the Canada Energy Regulator will be reviewed solely by [Read more]
Conservatives Respond to Canada’s Carbon Capture Storage Announcement
“While the Liberal government is announcing a project to map deposits in the ground, they have still not removed a single anti-development law to get Canadian energy, critical minerals, and metals out of the ground. “Conservatives continue to call on the Carney Liberals to get out of the way and pass our economic action plan to save Canadian jobs and put more money back in Canadians’ pockets. Green-light the 500 projects awaiting federal permits, end the industrial carbon tax, repeal [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 Sep. 8 Office Administrator Roska DBO Slave Lake Sep. 3 Senior Materials Coordinator Strike Group Whitecourt Sep. 2 Document Control Support Strike [Read more]
U.S. forces strike 3 Iranian crude oil tankers in act of retaliation for Iranian missiles – CENTCOM
U.S. Central Command (CENTCOM) said U.S. forces struck and disabled three Iranian crude oil tankers on Sept. 5 after Iran’s Islamic Revolutionary Guard Corps fired ballistic missiles toward two U.S. Navy warships in regional waters. The U.S. military said the attacks caused no American casualties and described the tanker strikes as retaliation aimed at imposing an economic cost on the IRGC. “Let the message to the IRGC be clear: If you shoot at two of our ships, we will impose an even higher [Read more]
Peyto cites 130% growth from acquired Repsol assets – Peyto Monthly Report
Three years after announcing its $636 million acquisition of Repsol’s Canadian assets, Peyto Exploration & Development says production from the acquired lands has more than doubled. According to the Peyto Monthly Report, production from the acquired 455,000 net acres has increased from approximately 23,000 boe/d at the time of the acquisition to 53,000 boe/d today, an increase of roughly 130%. The assets had seen relatively little development before the sale, with Repsol having drilled [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 Aug. 31 Journeyperson Instrumentation Technician Strike Group All Areas Aug. 31 Mechanic Silverline Oilfield Services Virden Aug. 31 Environmental Inspector [Read more]
West Texas offers Canada a warning: Build energy infrastructure before the bottlenecks return
Diamondback Energy’s latest letter to shareholders should be required reading for Canadian policymakers. The Permian producer reported an average natural gas price of negative US$2.15 per Mcf in the second quarter, before hedging. During spring pipeline maintenance, prices at the Waha hub in West Texas fell to approximately negative US$10 per Mcf. In other words, producers were paying customers to take their natural gas. The problem was not a lack of demand for energy or an absence of [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 Aug. 24 Field Operator Roska DBO Fox Creek Aug. 24 4th Class Power Engineer / Gas Plant Operator Roska DBO Peace River Aug. 24 Construction QC [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 Aug. 17 Labourer Summit Lloydminster Aug. 17 CEMENT OPERATOR – (BRT) Trican Well Service Ltd. Brooks Aug. 13 Battery/Field Operator Roska [Read more]
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