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BOE Report Staff

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Enerchem The Trusted Supplier of Solvents for the Heavy Oil Industry

The heavy oil industry faces many challenges in producing, transporting, and refining crude oil with high viscosity and density. Heavy oil requires special treatment to reduce its pour point, wax content, and asphaltene precipitation, which can cause flow assurance issues and production losses. That’s why Enerchem offers a range of solvents that are designed to meet the specific needs of the heavy oil industry. Enerchem is a Western Canadian-based producer of hydrocarbon fluids, which [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 Jan. 19 Junior Electrical Estimator Strike Group Fort Saskatchewan Jan. 18 Field Operator Roska DBO Hanna Jan. 17 Plant Operator / 4th Class Power Engineer [Read more]

Low Risk Light Oil Development

Wilson Creek Belly River Oil Divestiture Bid Deadline: 12:00pm Tuesday Feb 13th, 2024 Westbrick Energy intends to Swap, Farmout, or Sell its operated high working interest Belly River rights within the Wilson Creek area of Alberta. Details: • 7,040 acres of 100% WI land • Contains no wellbores • 40 API Belly River oil play • Recent 2/6-4-43-5W5 HZ peak rate of 560bbl/d • July & December 2024 expiries • Open crown still available in area Order of preference to transact will be [Read more]

Canada’s Energy Leaders Join the Transformation in Energy Summit in Calgary this May

The energy sector is facing a period of fundamental change. Leaders are having to address impending goals for net-zero emissions and decarbonization projects, rising energy demand, and the need to digitize quickly and effectively, all while maintaining day-to-day operations and minimizing disruption – a gargantuan task! The Transformation in Energy Summit provides a meeting point for Canada’s energy leaders to discover the solutions to address these issues, and key insights and tools for [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 Management HAM.V 6.25% Strathcona [Read more]

Canadian Rig Count Summary – Active rig count settles at 225

Canada’s active rig count came in at 225 this morning, a decrease of 5 rigs compared to January 12. Alberta’s active rig count decreased from 166 to 162, while Saskatchewan’s rig count increased to 37. BC’s active rig count held steady at 23 rigs. With respect to target commodities, the number of oil rigs held steady at 141 between January 12 and January 19. The number of gas rigs increased by 2 rigs. The number of rigs classified as “Other” or “Unknown” decreased by 7. Today’s rig [Read more]

Low Risk Light Oil Development

Wilson Creek Belly River Oil Divestiture Bid Deadline: 12:00pm Tuesday Feb 13th, 2024 Westbrick Energy intends to Swap, Farmout, or Sell its operated high working interest Belly River rights within the Wilson Creek area of Alberta. Details: • 7,040 acres of 100% WI land • Contains no wellbores • 40 API Belly River oil play • Recent 2/6-4-43-5W5 HZ peak rate of 560bbl/d • July & December 2024 expiries • Open crown still available in area Order of preference to transact will be [Read more]

Energy and Emerging Technology in Geoscience Symposium – Calgary, February 7-8

The Canadian Energy Geoscience Association (CEGA) will be hosting the Energy and Emerging Technology in Geoscience (EETiG) Symposium on February 7-8. This year’s symposium is themed “Adventures in Pore Space: Shared Reservoirs in New Energy”. Hosted at the ConocoPhillips Auditorium in Calgary, Alberta, this single-track symposium will cover a comprehensive array of topics that will be of interest to the broader professional and geotechnical community. This includes regulators and government [Read more]

Alberta Energy Regulator Update – 2022 Liability Management Performance Report Published

In a press release today, the AER announced the publishing of its 2022 Liability Management Performance Report. According to the release, this is the first in a series of annual reports assessing how the "conventional oil and gas sector is managing the closure and cleanup of oil and gas wells, pipelines, and other facilities across the province." Highlights of the first edition include: "Industry spent $696 million on cleanup, exceeding the $422 million spend requirement by 65%" "90% of [Read more]

Canadian Spirit Resources Inc.: Strategic Alternatives Process

Canadian Spirit Resources Inc. (“Canadian Spirit” or the “Company”) has engaged Sayer Energy Advisors to assist it with a strategic alternatives process. The Company is open to reviewing all alternatives including, but not limited to, a corporate transaction resulting in the direct or indirect sale or disposition of all or substantially all of the shares of the Company or the sale of the majority of Canadian Spirit’s oil and natural gas assets, in whole or in part, or a joint venture covering [Read more]