Abandoning oil and gas sites in sensitive areas presents a complex challenge, as it requires reconciling the demand for energy resources with the imperative to protect fragile ecosystems. Sensitive areas often include pristine landscapes, habitats for endangered species, and sources of clean water. Improper abandonment can lead to habitat destruction, soil and water contamination, and disruption of the delicate ecological balance. Implementing rigorous environmental assessments and reclamation [Read more]
Sinopec Canada – Non-Core Property Divestiture
Sinopec Canada (“Sinopec” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of certain of the Company’s non-core oil and natural gas gross overriding royalty (“GORR”) and working interest properties located in Alberta, British Columbia and Saskatchewan (the “Properties”). The Properties consist of GORR interests as well as operated and non-operated working interests which are located throughout Alberta, British Columbia and Saskatchewan. For marketing [Read more]
WCSB Energy Services Companies Using AI to Diversify into Midwest, Rockies & Gulf Markets
AI-powered sales intelligence tools are beginning to allow Canadian-based energy services companies to diversify into US Midwest, Rockies and & Gulf markets at an accelerated pace. With continuously evolving technologies and services showing success out of WCSB plays, these Canadian companies are growing their market space south of the border using the help of AI in the global marketplace. With the help of AI-driven sales intelligence tools, a clear go-to-market strategy can be generated; [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 Nov. 27 Gas Plant Operator Roska DBO Fort St John Nov. 27 Local Field Operator Roska DBO Fort St John Nov. 27 Field Operator Roska DBO Lacombe Nov. [Read more]
Large Scale Oil Opportunity – Mississippian Reservoir, Grande Prairie Area
Capital invested to capture land, drill 5 Hz locations, cut core, and test deliverability. Opportunity Summary: • Potential for 300+ economic oil wells (Banff Formation) • >34,000 Net Hectares (~86,000 Net Acres), 100% Working Interest, strong tenure (2027), consolidated landbase, and year round accessibility • 37° API oil with no H2S • 10 day spud to RR for 3000m lateral • Deliverability test on full length horizontal well with >250 bbl/d clean oil production • 2 wells ready to be [Read more]
Building Hope – How Oil and Gas Industry Support is Changing Lives
Imagine for a moment that you've broken your leg, a painful experience that demands immediate attention. You wouldn't think twice about seeking medical assistance. Now, let's shift this analogy to the context of childhood adversity. Adverse Childhood Experiences (ACEs) and toxic stress have serious negative effects that often go unnoticed. Just as a fractured leg demands swift treatment, ACEs and toxic stress also require urgent intervention. While the signs of childhood adversity are often [Read more]
Suncor Fort Hills Site, Surface Runoff Release – Alberta Energy Regulator
On Monday, October 9, 2023, Suncor reported to the EDGE call centre an unplanned release of approximately 662 cubic metres of surface runoff from a containment pond located adjacent to the Fort Hills Oil Sands Project into the Athabasca River. The pond the water was released from is not related to mining, extraction, or tailings processes, and contains precipitation and snow melt water. Suncor has taken water quality samples of the pond, and the results indicate that the water that was [Read more]
Paloma Pressure Control LLC update on Canadian Expansion
Paloma Pressure Control is excited to announce that our first Canadian facility located in Red Deer, AB is now fully operational with a second facility opening soon in Grande Prairie, AB. Our tried-and-true products and services will mirror what has made us the #1 Pressure Control Service Provider in the Permian Basin. We are currently the market leader of Large Bore Frac Missiles in Canada and are continuing to expand our Frac Stack and Zipper Manifold asset base as well as our flanged [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 9.89% Advantage [Read more]
Canadian Rig Count Summary – Active rig count drops to 170
Canada’s active rig count came in at 170 this morning, an decrease of 14 rigs compared to November 17. Alberta’s active rig count decreased from 133 last Friday to 119 today, while Saskatchewan’s rig increased to 25. BC’s active rig count shrunk by 1, settling at 23 rigs today. With respect to target commodities, the number of oil rigs dropped by 4 between November 17 and November 24. The number of gas rigs decreased by 6 over the same period, settling at 65 rigs. The number of rigs [Read more]
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