Here is the upcoming list of courses offered by CAPL. For more information, click on a course link below or visit landman.ca Date Course Category Status Sep 26 2019 Orphan Well Association Surface and Mineral full Oct 01 2019 Land and Environment: You Can\'t Have One Without the Other Surface and Mineral open Oct 02,03 2019 Evaluation of Canadian Oil and Gas Properties for Landmen (2 Day) Technical Skills open Oct 08 2019 Royalty [Read more]
Headlines
Rally Canada Resources Ltd.: Non-Core Property Divestiture
Rally Canada Resources Ltd. (“Rally”) is in the process of selling some non-core property located in Redwater. The property comprises 14.25 sections of PNG rights (PNG surface to base Mannville) in Twp 54-55 Rge 20-21 W4M. Rally holds a 100% working interest in this asset. Current - Production 230 bbl/d oil and 60 Mcf/d gas - 17 active oil wells and 2 gas wells - Production is gathered at the 3-7-55-20W4 Battery - The oil 's API is 34.2 - All facilities and [Read more]
The power of the Permian – would anyone have attacked Saudi Arabia’s oil facilities so brazenly a decade ago?
Eighteen years ago, a bunch of crazed religious activists, most of whom were from Saudi Arabia, hijacked four planes and attacked the US on its home soil. A frightened then enraged US snapped into action, and invaded the country next door. Several of them actually; both Iraq and Afghanistan received a fairly significant pounding from the finest military hardware available on the planet. Saudi Arabia remained a bizarre oasis of calm; there may have been a few unpleasant diplomatic exchanges [Read more]
Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line
Delphi Energy Corp. (“Delphi” or the “Company”) announces the closing of the sale of a portion of its Alliance Service and the execution of an Interconnection Development Agreement with Alliance Pipeline Limited Partnership to reactivate its lateral line to the company-owned Bigstone West Gas Plant located at 14-28-59-22W5M. CLOSING OF THE SALE OF A PORTION OF EXCESS ALLIANCE FIRM TRANSPORTATION SERVICE As previously announced on June 17, 2019, Delphi has sold and permanently assigned 16 [Read more]
Attacks on Saudi facilities threaten spare oil capacity, price hikes
Saturday's attacks on key Saudi Arabia processing plants will test the world's ability to handle a supply crisis as it faces the temporary loss of more than 5% of global supply from the world's biggest crude exporter. The Iranian-backed Houthis group in Yemen claimed responsibility for attacks that shut two plants at the Abqaiq facility, the heart of the Saudi oil industry, which will cut the kingdom's production by about 5.7 million barrels per day (bpd), more than half of [Read more]
U.S. stands ready to tap emergency oil reserve after Saudi attacks-DOE
The Trump administration is prepared to tap U.S. emergency oil reserves if necessary after drone attacks shut oil output in Saudi Arabia, the world's largest crude exporter, a Department of Energy spokeswoman said. Energy Secretary Rick Perry "stands ready to deploy resources from the Strategic Petroleum Oil Reserves if necessary to offset any disruptions to oil markets as a result of this act of aggression," spokeswoman Shaylyn Hynes said. Yemen's Iran-aligned Houthi group [Read more]
Global spare oil capacity in U.S. hands after Saudi outage
An attack on Saudi oil facilities on Saturday is believed to have disrupted half the country's production capacity, making the United States the only real holder of the global supply cushion via its ability to raise own output or to soften sanctions against other major oil producers.Saudi Arabia has yet to comment on the extent of damage on its oil production but industry sources have said some 5-6 million barrels per day (bpd) or 5-6% of global supply have been affected. Saudi Arabia, the [Read more]
Canada rig count down 13 to 134
Canada’s fleet of active drilling rigs decreased by 13 from last week according to data from Baker Hughes. Total drilling count was 134 at September 13. 93 rigs were drilling for oil; 41 for natural gas. Alberta's drilling decreased by 11 to 86 as Saskatchewan decreased by 2 to 35. View a full breakdown of Western Canada’s rig activity. [Read more]
Column: Alberta’s business tax cut is part of the solution, not the problem
Alberta is dealing with two big problems: we need to get people back to work and we need our provincial government to stop overcharging Albertans by $10 billion a year. There’s plenty of evidence from our own backyard that shows Alberta’s business tax cut will be part of the solution, not the problem. In 2001, the Alberta government began reducing its business tax rate from 15.5 per cent to 10 per cent in 2006. Alberta’s average yearly real GDP growth rate between 2001 and 2014 was higher [Read more]
U.S. oil drillers cut rigs for fourth week in a row -Baker Hughes
U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row as producers cut spending, leading to slower growth in crude output. Drillers cut five oil rigs in the week to Sept. 13, bringing the total count down to 733, the lowest since November 2017, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday. In the same week a year ago, there were 867 active rigs. More than half the total U.S. oil rigs were [Read more]