BOE Report Staff

EXTENDRILL™’s unmatched ability to reduce frictional forces, results in increased rates of penetration (ROP) and reduced wear and tear on equipment. By helping improve ROP and allowing operators to drill faster in the Deep Basin, EXTENDRILL™ performance data indicates an estimated average savings of two days in rig time, significantly reducing costs. In Northeast British Columbia (NE BC) Montney region, operators using EXTENDRILL™ have consistently drilled over 1,200m per day, with one operator [Read more]

As industries across Canada struggle with the challenge of managing volatile organic compounds (VOCs) and waste gases in extreme winter conditions, Noralta Technologies Inc. proudly introduces nCinerate; a combustion system engineered to thrive in the coldest environments. The nCinerate combustor operates smokelessly, with no visible flame or odour, making it ideal for environmentally sensitive locations. Featuring man-sized access doors for easy servicing, it is designed with operator [Read more]

After equity markets closed for the day, the tariff ON/OFF mayhem continues, as the much anticipated call between President Trump and Justin Trudeau has apparently ended with a pause of the proposed tariffs for the next 30 days. Justin Trudeau announced the border measures that would be put in place and the pause of the proposed tariffs on X. I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan — reinforcing the border with new choppers, technology [Read more]

Let's NAPE it a date! We're thrilled to share that StackDX is heading to the North American Prospect Expo (NAPE) next week, and we're so keen to connect with you! As the ultimate gathering for the land and energy world, NAPE is where deals get made, ideas flow, and industry connections are forged. We've consistently heard it's the place to be, and we’re stoked to experience it firsthand. At StackDX, we're using modern technology to tackle the industry's toughest challenges: [Read more]

The Sunday market open was highly anticipated after all of the tariff (and counter tariff) measures that were put in place by the US and Canadian governments over the weekend. Not surprisingly, the Canadian dollar got smashed on the open, trading down below $0.68 relative to the USD. This marks the worst levels for the Loonie since 2003. Source: TradingView So far there appears to be a silver lining for the energy sector however, as the initial reaction for crude oil futures is higher [Read more]

From: Department of Finance Canada February 1, 2025 - Ottawa, Ontario - Department of Finance Canada Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, and the Honourable Mélanie Joly, Minister of Foreign Affairs, announced that the Government of Canada is moving forward with 25 per cent tariffs on $155 billion worth of goods in response to the unjustified and unreasonable tariffs imposed by the United States (U.S.) on Canadian goods. These [Read more]

Please find here CAPP’s statement on U.S. tariffs on behalf of Lisa Baiton, CAPP president and CEO: “We are deeply disappointed that U.S. President Trump has decided to institute tariffs on Canadian goods.  Nobody wins with the introduction of tariffs on Canadian energy. These tariffs undermine our mutually beneficial relationship and are likely to increase costs and inflation for American consumers while damaging the economies of both countries. With the complexity of North American and [Read more]