BOE Report Staff

NOTICE is hereby given that on June 7, 2024, the Court of King’s Bench of Alberta granted an order (the “Receivership Order”) appointing KSV Restructuring Inc. (“KSV”) as receiver and manager of the current and future assets, undertakings and properties of CCR Technologies Ltd. (the “Company”), a service provider of solvent reclaiming solutions for the carbon capture, refining and gas processing industries. The Company owns proven, proprietary and patented processing technologies for the [Read more]

Chord Energy has achieved remarkable results by deploying Ambyint’s InfinityRL rod lift optimization solution across 2,500 wells in the Bakken. This innovative AI-powered technology has led to an estimated $1 million in operational cost savings and a 38% reduction in failure rates. InfinityRL seamlessly integrates with existing SCADA and data acquisition systems, enabling Chord Energy to quickly identify and resolve production challenges. The deployment has automated repetitive manual [Read more]

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 Jul. 2 Reservoir Engineer Johnstone Ritchie Executive Search Calgary Jun. 27 HOCM Construction Engineer, Senior Keywest Projects Ltd. Calgary Jun. 26 Project [Read more]

Canada’s active rig count came in at 168 this morning, a 12 rig decrease compared to last Friday. Albertan rig activity dropped to 112 active rigs from 119 last week. Saskatchewan’s rig count fell from 36 to 31, while BC’s active rig count remained at 21. This ends a run of three consecutive week of increased rig activity, although it is in line with results from prior years. With respect to target commodities, the number of oil rigs decreased from 114 to 103 between June 21 and June 28. [Read more]