BOE Report

BOE Report Staff

  • X

Canadian Rig Count Summary – Active rig count falls to 178

Canada’s active rig count settled at 178 on October 6, a decrease of 13 rigs compared to last Friday. This marks the end of a long run of rig activity growth, although this isn't necessarily out of line with October trends from prior years. Alberta’s active rig count decreased to 126 from 137 last Friday, while Saskatchewan’s rig count shrunk by 6.9%. BC’s active rig count decreased slightly, settling at 21 as of this morning. With respect to target commodities, the number of oil rigs [Read more]

Insignia Energy Ltd. (“Insignia”) upholds “Safety First” as its core value

Safety is a core value of Insignia Energy Ltd. and ensuring the health and safety of our staff, contractors, and partners has never been more important. Held annually, Insignia’s safety day 2023 has taken place on Oct 4, bringing all staff together to have conversations around safety. To gain insight into safety practices adopted this year and the ongoing adjustments in operations to ensure reliability for business partners, Insignia Executive Director, CFO Ben Leung, HSE&R Manager Shirley [Read more]

CCS: Challenge, Opportunity and Need

Carbon capture and storage (CCS) is widely held to be a critical part of the mix of actions, technology, policy and strategy the world needs to reduce carbon emissions and mitigate climate change. Despite this need to rapidly adopt CCS as part of a carbon-reduction initiative, there are still significant challenges facing its widespread adoption. One of the most significant challenges for the adoption of CCS is the cost of the carbon capture technology. There has traditionally not been a [Read more]

Keyera celebrates the completion of KAPS, Alberta’s newest 575-kilometre-long pipeline supporting Canada’s role on the global energy stage  

CALGARY, AB, OCT. 4, 2023/ Keyera Corp. (TSX: KEY) ("Keyera"), one of Canada’s largest independent midstream energy infrastructure businesses, recently completed the KAPS pipeline – Alberta’s newest natural gas liquids (NGLs) and condensate pipeline spanning 575 kilometres, and supporting Canada’s role on the global energy stage.  KAPS is operated by Keyera and 50% owned by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. “KAPS is more than a [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 Oct. 3 Facilities E.I.T Tundra Oil and Gas Ltd. Virden Oct. 3 Field Operator Roska DBO Estevan Oct. 2 Apprentice Electrician Strike Group Grande [Read more]

RES: Pioneering the future of oil and gas software

In the ever-evolving landscape of oil and gas, adaptability is key. RES stands as a beacon of light, leading the charge in software innovations for drilling and completions. Among our suite of groundbreaking tools, Wellman Next Gen shines brightest – a testament to unparalleled excellence and the preferred choice for E&P companies of all sizes. Trailblazing Innovation RES prides itself on pushing boundaries. Our talented team of engineers, software developers, and data scientists [Read more]

Vermilion Energy Inc.: Property Divestiture

Vermilion Energy Inc. (“Vermilion” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of its operated working interests located in the Greater Kindersley area of West Central Saskatchewan (the “Property”). In the Greater Kindersley area, Vermilion has various operated working interests in the Dodsland, Kerrobert, Lucky Hills, Plato North, Superb and Whiteside areas. The Greater Kindersley area is productive primarily from the Viking Formation. Forecasted [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 Athabasca Oil ATH.TO 13.58% Perpetual [Read more]

Canadian Rig Count Summary – Active rig count reaches 187

Canada’s active rig count settled at 187 on September 29, an increase of 7 rigs compared to last Friday. This marks another consecutive week of rig count growth, prolonging a strong run of activity that has seen the number of active rigs hold above 160 since late June. Alberta’s active rig count increased to 132 from 129 last Friday, while Saskatchewan’s rig count grew by 3.2%. BC’s active rig count held fast, settling at 22 as of this morning. With respect to target commodities, the [Read more]

Healing and Building Bridges – ELM

ELM Recognizes National Truth and Reconciliation Day, September 30th. The day reminds us of the children who never returned home and survivors of residential schools. Public commemoration of the tragic and painful history and impacts of Canada’s 140 residential schools is a vital component of reconciliation. This day coincides with Orange Shirt Day, an Indigenous-led initiative intended to raise awareness of the inter-generational impacts of residential schools, and to promote the concept “Every [Read more]