BOE Report Staff

Canada’s active rig count came in at 109 this morning, two rigs more than last Friday. Albertan rig activity grew to 84, an increase of two rigs compared to last week. Saskatchewan’s rig count dropped by 1, settling at 3 rigs, while BC’s active rig count increased to 21. This is in line with what we observed last year, where activity was fairly static in May before picking up significantly through June. With respect to target commodities, the number of oil rigs fell from 56 to 47 between [Read more]

In light of the Government of Canada's proposal for new standards aimed at reducing methane emissions from the oil and gas industry, the importance of refining best practices for detection, measurement, reporting, and reduction has reached unprecedented levels. With this at the forefront of our minds, we bring you The 2024 Methane Mitigation Technology Landscape Report. Featuring expert insights from leading solution providers, Paradigm by Puloli, Shepherd Safety Systems, GHGSat, and Envana [Read more]

Canada’s active rig count came in at 113 this morning, one rig more than last Friday. Albertan rig activity grew to 88, an increase of one rig compared to last week. Saskatchewan’s rig count was unchanged through the week, remaining at 3, while BC’s active rig count held steady at 21. This is in line with what we observed last year, where activity was fairly static in May before picking up significantly through June. With respect to target commodities, the number of oil rigs increased [Read more]

A common joke in oil and gas production is that producers are more like water companies with a side hustle in oil and it’s true - oil producers are some of the best water managers in the world. And with Alberta facing an impending drought, it is this water management expertise of some of our local producers and service providers that is proving to be invaluable. As it becomes clearer that we are heading towards a severe drought this year, with low water levels across many areas due to [Read more]