BOE Report Staff

Canada’s active rig count came in at 185 on November 3, an decrease of 12 rigs compared to October 27. Alberta’s active rig count decreased from 142 last Friday to 136 this morning, while Saskatchewan’s rig count decreased by 13.3%. BC’s active rig count also fell slightly, settling at 19 rigs today. With respect to target commodities, the number of oil rigs decreased by 10 between October 27 and November 3, settling at 111 active oil rigs. The number of gas rigs held fast at 68. The number [Read more]

Calgary, Alberta – November 2, 2023 BRITT RADIUS a renowned leader in the Land industry, will undergo a significant leadership transition, as CEO, Brittney Ramsay, and CFO, Breanne Ramsay, have made the heartfelt decision to step away from their roles. Brittney and Breanne have chosen to prioritize their family life and be more present with their children. This decision, while personally significant, exemplifies the values that have always been at the core of BRITT RADIUS – “we are a company [Read more]

Recent long term well production data demonstrates that negatively charged silica dioxide nano particles are the “go to” technology for the oil and gas industry when it comes to increased production and increased recovery factors. These nano particles, when mixed with a surfactant and pumped during fracking operations, have allowed Operators to realize significant increases in oil recovery over 12-24 months, relative to wells where conventional or “nano liquid” surfactants were pumped. The [Read more]

Abandoning pipelines on active oil and gas sites is a critical aspect of responsible resource management and environmental stewardship. It does not come without inherent risks, by prioritizing responsible pipeline abandonment practices, ELM Inc. (“ELM”) mitigates safety risks, safeguards the environment, ensures compliance with regulations, optimizes resource usage, and upholds its clients’ reputations for ethical and sustainable operations. ELM’s experience in decommissioning operations [Read more]

Irwin’s Digital Confined Space Monitoring (DCSM) is the high-tech and fully digital mobile solution that allows your company to safely monitor and manage confined spaces with less resources. Irwin’s offers you a modular system with innovative functionality for registration, communication and observation, both inside and outside confined spaces. Digital Confined Space Monitoring provides you with higher levels of safety, control and efficiency, leading to fewer people taking risks. DCSM [Read more]

On August 25, 2023, Griffon Partners Operation Corp. (“GPOC”) and its related entities filed Notices of Intention to Make a Proposal (the “NOI Proceedings”) under the Bankruptcy and Insolvency Act (Canada), as amended (the “BIA”). Alvarez & Marsal Canada Inc. was appointed as proposal trustee (the "Proposal Trustee"). On October 18, 2023, the Alberta Court of King’s Bench (the “Court”) approved a sales and investment solicitation process (the “SISP”). Pursuant to Court approval, Alvarez [Read more]