BOE Report Staff

In light of the Government of Canada’s recent 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 a target to slash methane emissions from the sector by over 75% by 2030, the need for rapid and effective action is clear. Returning for 2024, the Methane Mitigation Canada Summit will act as the perfect setting to address [Read more]

Canada’s active rig count came in at 135 this morning, 3 rigs fewer than last Friday. Albertan rig activity increased, with the province's active rig count jumping from 105 to 106. Saskatchewan’s rig count fell by 1 (from 5 to 4), while BC’s active rig count fell from 28 to 25. This is the first week over a month in which BC's rig count has declined, suggesting the spring break up is well underway. With respect to target commodities, the number of oil rigs increased from 67 to 68 between [Read more]

Authors: Leonard Herchen & Yuchen Wang Overview The last quarter has seen relatively stable prices for oil and gas. Oil has moved modestly higher against short term expectations, and gas has showed short term weakness. Investment optimism in the Canadian energy sector appears to be rallying around imminent completion of new ex-basin pipelines, and the growing realization that the demand for energy encompasses all energy, petroleum and new low carbon sources.  Demand growth for petroleum [Read more]

Stack Technologies is pleased to announce the launch of its Code Name Generator for acquisition and divestiture projects. The Stack Code Name Generator takes the painful struggle out of determining what to call your top secret A&D project. Try it Here for Free. Stack’s Kyla Lawson (Growth at Stack, short listed for top 40 under 40 in 2017 and 2021) was rumoured to have said: “A&D is a multi billion dollar market and it’s conceivable that it could be a bigger number if it was easier [Read more]

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]

      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]