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Canadian Rig Count Summary – Active rig count increases to 139

March 28, 20247:16 AM BOE Report Staff

Drilling rig in winter with pump jacks in background.

In recognition of tomorrow being a public holiday, we're preparing our weekly Canadian Rig Count Summary one day early. Canada’s active rig count came in at 139 this morning, 9 rigs more than last Friday. Albertan rig activity increased, with the province's active rig count jumping from 96 to 106. Saskatchewan’s rig count fell by 2 (from 7 to 5), while BC’s active rig count held steady at 27 once again. With respect to target commodities, the number of oil rigs increased from 67 to 72 [Read more]

Cutting and Saving More on your Site Abandonment Decommissioning Projects

March 27, 20247:00 AM BOE Report Staff

      Innovative Well Abandonments (IWA) industry leading water jet cut and cap services company delivering daily project analytics, increases daily cuts while reducing overall project cost for clients. When time is truly a cost … Watch the video that compares a regular cut and cap versus Innovative Well Abandonments leading cutting technology; https://innovativewa.com/cut-and-cap-info/ With over 12,000 cuts today and operations in BC, AB and SASK, our technology is [Read more]

Well Testing Methods Get Smarter: How Optimization Experts Are Embracing Technology & Producers Are Reaping the Benefits

March 27, 20246:30 AM BOE Report Staff

In today’s energy industry, advancements in technology and science are pivotal for progress. Yet, amidst the rush towards innovation in areas like renewable energy sources and grid optimization, certain sectors remain overlooked. Field services and well optimization, crucial components of the energy value chain, have been lagging in the adoption of modern methodologies. Despite the vast potential for improved efficiency, cost savings, and enhanced safety, many companies continue to cling to [Read more]

New oil and gas jobs from BOE Report Jobs

March 26, 20244:20 PM BOE Report Staff

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. 25 Pipeline Integrity Support Specialist Cenozon Calgary Mar. 25 Commissioning Rotating Equipment Coordinator Johnson Service Group Inc. Kitimat Mar. [Read more]

Bootleggin’ Breakfast 2024 – 100 Days To Stampede!

March 26, 20243:15 PM BOE Report Staff

THE LARGEST CORPORATE STAMPEDE PARTIES HUGE HEADLINERS ANNOUNCED!! (Tier 1 Tickets & Tables Now On Sale) You've Never Experienced A Corporate Stampede Party Like This Before! Join us at this Stampede Breakfast Music Festival (in support of the Zero Hungry Kids Foundation)! Networking & hosting clients couldn’t be more fun at the most prestigious ballrooms in downtown Calgary! Thank you Corporate Calgary for selling out the Bootleggin' Breakfasts year after [Read more]

From Turning the Corner to Cap-and-Trade: Canadian Climate Policy and Considerations for the Upstream Sector

March 26, 20246:30 AM BOE Report Staff

The rapidly shifting landscape of GHG regulation provides major risks - and opportunities - for the Canadian oil and gas industry. Come to CHOA’s Energy Changemakers event on Thursday, April 4, 330-500 pm, where Thomas Liles of international consultancy Rystad Energy will discuss the history, the current tensions, how key producers are approaching their targets, and much more. From Turning the Corner to Cap-and-Trade: Canadian Climate Policy and Considerations for the Upstream Sector [Read more]

Addressing Their Industry’s Knowledge Gap: How SAGA Wisdom is Cultivating a Community of Learning in Energy

March 26, 20246:30 AM BOE Report Staff

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.

March 25, 20247:25 AM BOE Report Staff

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]

Property Listings

Week in Review – Stock gainers/fallers and most read articles

March 22, 20245:39 PM BOE Report Staff

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]

Baytex Energy Birchcliff Energy ConocoPhillips Enbridge Headwater Exploration Hemisphere Energy Highwood Asset Management Journey Energy Lycos Energy Ovintiv Petrus Resources StackDX Intel Strathcona Resources Surge Energy Trans Mountain Pipeline Veren

Canadian Rig Count Summary – Active rig count drops to 154

March 22, 20247:10 AM BOE Report Staff

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]

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