The energy industry of today finds itself amid a unique challenge. Rapidly evolving technological advancements are now outpacing the supply of skilled energy professionals. This is making it more and more difficult to meet the needs of modern job requirements, and as a consequence, a significant knowledge gap has emerged. Thankfully there’s SAGA Wisdom, a leader in enterprise-level online continuing education in the energy sector, that is pushing the boundaries of when, where and how this [Read more]
Bankruptcy Sale: BDO Canada Limited – Kingsland Oil Corp.
On January 5, 2024, Kingsland Oil Corp. (“Kingsland” or the “Company”) made an assignment into bankruptcy and BDO Canada Limited was appointed as the trustee in bankruptcy (the “Trustee”) of the bankrupt estate. The Trustee has engaged Sayer Energy Advisors to assist it with a sale of Kingsland’s oil and natural gas properties (the “Properties”). The Trustee has instructed that interested parties must provide a marked-up copy of a purchase and sale agreement (the “PSA”) acceptable to the [Read more]
Week in Review – Stock gainers/fallers and most read articles
Welcome to the BOE Report’s Week in Review! Did you miss something this week? We’ve got you covered. Check out any BOE Intel articles that you missed, and catch up on our most read articles from the week. We have also included the top gainers and fallers in the energy markets this week among our BOE Intel coverage list. TOP 5 GAINERS/FALLERS THIS WEEK Top 5 Gainers Company Ticker 7 Day Return Strathcona Resources SCR.TO 9.17% Hemisphere [Read more]
Canadian Rig Count Summary – Active rig count drops to 154
In what can only be viewed as confirmation of the spring break-up's arrival, Canada’s active rig count came in at 154 this morning, 29 rigs fewer than last Friday. Albertan rig activity decreased, with the province's active rig count falling from 140 to 118. Saskatchewan’s rig count fell by 6 (from 15 to 9), while BC’s active rig count held steady at 27. With respect to target commodities, the number of oil rigs dropped from 107 to 79 between March 15 and March 22. In contrast, the number [Read more]
Optimizing Hydraulic Fracturing – ShearFRAC’s Findings Revealed in the Montney Formation
In the pursuit of maximizing hydrocarbon recovery and operational efficiency, the oil and gas industry is continually seeking innovative solutions to overcome the challenges presented by complex geological formations. ShearFRAC, a leading provider of hydraulic fracturing technologies, recently conducted a meticulously controlled trial across four pads in the middle Montney formation of Central Alberta. This article highlights some of the details of the trial and its groundbreaking findings. [Read more]
Is the Future of Truck, Rail and Terminal Logistics here? VantEdge is Leading the Charge
Every day in North America there are over 25,000 truck shipments of LPG, Crude, Condensates, NGL’s, by-products and refined products. Adding rail can easily double that number. Trucks typically leave with 3 paper tickets at the producer. At the midstream processor, they may generate another set of tickets. That processor will generate more tickets for their downstream deliveries, and so on, for every party and delivery all the way to the retailer. The masses of transaction documents are keyed [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 Mar. 18 Instrumentation Technician Tundra Oil and Gas Estevan Mar. 15 Oil Battery Operator Roska DBO Grande Prairie Mar. 15 Field Operator Roska DBO Dawson [Read more]
3 Reasons Oil and Gas Leaders are joining the Methane Mitigation: Technology & Innovation Summit
Are you taking your first steps towards methane reduction? Leveraging satellites to monitor methane emissions? Developing a strategy to meet OGMP 2.0 Level 5 requirements, or expediting the transition towards zero venting and flaring? If you answered yes to any of those, you'll want to check out the Methane Mitigation: Technology & Innovation Summit! Taking place June 11-14, 2024 at the Hyatt Regency Lost Pines Resort and Spa in Austin, TX, here’s just 3 reasons to join hundreds of [Read more]
The Green Imperative: What’s Behind Energy Companies’ Shift Towards Greener Air Compressor Technology
While it has undoubtedly made significant progress, the energy industry historically has lagged behind many others when it comes to the adoption of eco-friendly practices. As the world pivots towards sustainable practices, the spotlight now shines even brighter on the energy efficiency and eco-friendliness in oil & gas. Amidst this transformation, energy companies are increasingly recognizing the imperative of adopting "green" technology, even in seemingly mundane components like air [Read more]
Prairie Thunder Resources Ltd.: Property Divestiture
Prairie Thunder Resources Ltd. (“Prairie Thunder” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of its oil and natural gas interests located in the Grande Prairie area of Alberta (the “Property”). Average daily production net to Prairie Thunder from Grande Prairie for the fourth quarter of 2023 was approximately 181 boe/d, consisting of 639 Mcf/d of natural gas and 75 bbl/d of oil and natural gas liquids. Operating income net to Prairie Thunder [Read more]
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