BOE Report Staff

Inclusive Energy Ltd. (“Inclusive”), a leader in the oil and gas services sector, is pleased to announce the closing of an additional significant financing with Shiffoil Inc. (“Shiffoil”). The underwriting in Shiffoil is part of Inclusive’s Private Equity Capital Fund, which is dedicated to investing in the Canadian energy industry. Shiffoil is a junior oil and gas producer focused on developing its light oil properties in the Pierson and Daly-Sinclair areas of Manitoba, and the investment is a [Read more]

Field reviews are a regulatory component of any proactive Integrity Management Plan, yet many small to medium-sized energy producers find the undertaking challenging. What prevents energy producers from being proactive with field reviews? Lean staffing levels, a lack of expertise or time, or unfamiliarity with requirements can leave even the most well-intentioned producers without a comprehensive or reliable process. “It’s 2023, and surprisingly, the pipeline integrity management landscape [Read more]

Canada’s active rig count rose to 193 on August 18, an increase of 14 rigs compared to last Friday. This is the second week of increased rig activity in a row, and reflects August activity trends observed in prior years. Alberta’s active rig count increased from 129 on August 11 to 139 this morning, a 7.8% jump, while Saskatchewan’s rig count grew by 5. BC’s active rig count fell by 1, settling at 19 as of this morning. With respect to target commodities, the number of oil rigs increased [Read more]

Canada’s active rig count rose to 176 on August 11, an increase of 11 rigs compared to last Friday. This marks the end of a four-week streak of declining rig activity, and reflects August activity trends observed in prior years. Alberta’s active rig count increased from 112 on August 4 to 126 this morning, a 12.5% jump, while Saskatchewan’s rig count held fast at 27. BC’s active rig count fell by 2. With respect to target commodities, the number of oil rigs increased by 9 between August 4 [Read more]