No doubt about it. Drill Baby Drill is not happening in the US after a $15/bbl fall in the price of oil over the last 5 days. For an industry that has spent much of the last decade focused on profitability, lower oil prices simply are not going to result in an increased desire to pump more oil. Most of the commentary over the last few days has revolved around industry not making any rash decisions yet, and while that is fair, it's also fair to assume that downside scenarios are being run at [Read more]
New Drilling & Completion Technology Changing Flare Utilization Strategies
Calgary, AB - A microturbine generator on the market is transforming operations in the Canadian energy sector. More and more Operators are using their own fuel gas and natural gas to power drilling and completion pad sites, aiming to lower or eliminate the costs associated with diesel or bifuel and to meaningfully reduce emissions. Along with a microgrid, multiple microturbines can be paired to match the various power needs of a remote project site. Typical uses for these mobile systems are [Read more]
Solving Completion Complexity: Raptor OC™ Hits 50,000 Stages with Proven Reliability
Since 2019, Interra Energy Services has successfully deployed its Raptor OC™ (Open/Close) coiled tubing-actuated frac sleeve system in both Canada and the U.S., primarily targeting the Western Canada Sedimentary Basin in the W3, W4, and W5 areas. With over 1,200 wellbore deployments, the system has surpassed the milestone with its 50,000th stage, recently being installed on a Teine Energy project. Optimized Completions for Complex Wells The Raptor OC™ system is designed for use in both open [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 Apr. 7 Field Operator (14/14 or 7/7 camp) Roska DBO Fort St. John Apr. 3 LEAD MECHANIC - (HNT) Trican Well Service Ltd. Hinton Apr. 1 Journeyperson [Read more]
Unlock the subsurface: Register for Core Conference 2025 Today!
The annual Core Conference, CEGA’s premier rock-focused event, provides a relaxed and collaborative platform for the geoscience community to exchange insights and showcase technical work. Inspired by this spirit of collaboration, this year’s theme is “Establishing Connections: The Interplay of Rocks, Energy, and People.” Our presenters include renowned experts from Canadian university programs as well as seasoned industry professionals with decades of experience in natural resource development. [Read more]
Maximizing Well Stimulation Efficiency: How a Visco-Elastic Diversion System is Redefining Diversion Technology
Optimizing well stimulation is challenging, particularly when acid placement is inconsistent. Fluids follow the path of least resistance, often bypassing lower-permeability zones that need treatment. Traditional methods like mechanical isolation or solid diverters (rock salt or benzoic flakes) have limitations, increasing costs, require high rate pumping to achieve critical fluid velocities for solids carrying capacity, or fail to ensure even distribution. INNOVATIVE SOLUTION STIMWRX-DVG [Read more]
Bankruptcy Sale: Prospect Oil & Gas Management Ltd.
On January 23, 2025, Prospect Oil & Gas Management Ltd. (“Prospect” or the “Company”) filed an Assignment in Bankruptcy and MNP Ltd. (“MNP” or the “Trustee”) was appointed as Trustee of Prospect. Sayer Energy Advisors has been engaged to assist the Trustee with the sale of Prospect’s oil and natural gas properties located in the Brooks/Bantry and Namaka areas of southern Alberta (the “Properties”). At Brooks/Bantry, Prospect holds various operated working interests in approximately 10 [Read more]
BOE Report smashes viewership records – Advertising space is running out – Book your spots now
It's a fascinating time for the Canadian oil and gas industry. The energy conversation in Canada has never been more intense, and BOE Report is at the center of it all. As the most-read oil and gas news and data website in Canada, our traffic has surged to record highs in recent months—reflecting growing interest in the Canadian energy sector and global trade developments, including tariff disputes with the U.S. and the upcoming election in Canada. It's also been a determined effort on our [Read more]
DeltaWest Energy acquires assets from Longshore Resources – BOE Intel
DeltaWest Energy confirmed its approval from the AER for the purchase of certain assets from Longshore Resources in a LinkedIn post by Kevin Wetteskind, President & CEO of DeltaWest. BOE Intel users would have noticed the approval go through on our AER Licence Transfers page, as well as the recent well licence transfer as well. According to BOE Intel well licence transfer details, the gross production from these licences was 152 BOE/d, including 139 bbl/d of oil production. Also [Read more]
Selling continues as Sunday futures open; crude oil breaks $60/bbl hitting fresh 4 year lows; one hedge fund CEO sees the opportunity for President Trump to walk back the immediacy of the new tariffs
Futures markets around the globe were under pressure again on Sunday as futures opened, continuing the trend seen since last Wednesday afternoon. WTI Crude oil broke to a new 4-year low below $60/bbl, sitting at $59.75/bbl at 5:35pm MST Sunday night before recovering back above $60/bbl. Adding to the tariff headlines last week was a surprise supply increase by OPEC+. A Reuters article even went as far as to suggest that the Saudis were looking to punish those overproducers within OPEC+ by [Read more]
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