Canada’s active rig count came in at 236 this morning, a decrease of 4 rigs compared to February 9. Alberta was behind this decrease, with the province's active rig count dropping from 174 to 170. Saskatchewan’s rig count was unchanged at 34, while BC’s active rig count held steady at 27. With respect to target commodities, the number of oil rigs dropped from 149 to 147 between February 9 and February 16. Similarly, the number of gas rigs decreased by 1. The number of rigs classified as [Read more]
Bootleggin’ Breakfast 2024 – Huge Headliners Announced!
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]
Global LNG demand estimated to rise by more than 50% by 2040 as coal to gas switching in Asia expected to accelerate – Shell
Shell released it 2024 LNG Outlook report this morning. The highlight from the report is that Shell expects LNG demand to grow by more than 50% by 2040, driven in large part by demand growth in China and South Asian countries. This demand growth is expected to come from coal to gas switching as well as from economic growth in the region. Click here to access Shell's 2024 LNG Outlook presentation, or here to see additional materials from Shell's 2024 LNG Outlook. [Read more]
From Safety to Bird Deterrence: Why Companies Are Switching to Rise Tape
In the oil and gas industry, companies are continuously seeking innovative solutions that improve operational efficiency and safety, without compromising on environmental stewardship. A new product called Rise Tape has emerged to meet these needs, but what exactly is Rise Tape and what sets it apart? A Game-Changer in Safety & Efficiency Rise Tape is a versatile tool designed for multiple critical functions: serving as an effective bird deterrent, a highly visible hazard marker, and an [Read more]
Triassic Oil Pool Development
B.C. Operator is seeking a partner to develop a Triassic light oil pool on its property base in the B.C. Townships region. The pool size is estimated at 14 sections with 60 million barrels original oil in place. The Operator controls 4 sections in the center of the oil pool with the opportunity to acquire more of the pool lands. The operator owns a production facility and several gathering lines within the pool boundary. The reservoir (not the Montney) is an oil saturated zone with no [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 Feb. 13 Plant Operator Roska DBO Grande Prairie Feb. 13 Customer Service Representative Roska DBO Grande Prairie Feb. 12 Junior Gas Plant 4th Class Roska [Read more]
NeeStaNan appoints Board of Directors
NeeStaNan Projects Inc. is pleased to announce the appointment of its first Board of Directors. Robyn Lore, Proponent for NeeStaNan, says “the new inaugural Board of Directors will bring a wealth of experience in governance and best business practices to NeeStaNan and will lead the company’s efforts in working with the many First Nations and Indigenous communities along the NeeStaNan corridor regions of Alberta, Saskatchewan and Manitoba”. Members of NeeStaNan’s Board of Directors [Read more]
Multiple New Listings on PNG Exchange
We have 15 new properties available for purchase or leaseout on PNGX. Journey Energy Inc. has two new opportunities available in Alberta: Ferrier/Strachan Royalty Interest St. Anne, AB Canpar Holdings Ltd. has numerous new leaseout opportunities available in Saskatchewan and Alberta: 26-35-3 W4, AB Ft. Kent, AB Provost, AB 8-39-6 W4 Provost, AB 26-37-1 W4 Provost, AB 39-2 W4 Wildmere, AB Alameda, SK Carlyle, SK Eatonia, SK Hoosier Success, SK [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 Highwood Asset [Read more]
Canadian Rig Count Summary – Active rig count rises to 240
Canada’s active rig count came in at 240 this morning, an increase of 25 rigs compared to February 2. Alberta was behind much of this increase, with the province's active rig count increasing from 153 to 173. Saskatchewan’s rig count increased from 33 to 35, while BC’s active rig count grew by 3 rigs. With respect to target commodities, the number of oil rigs grew from 137 to 147 between February 2 and February 9. Similarly, the number of gas rigs increased by 9. The number of rigs [Read more]
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