Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Wednesday Word to the Wise in your inbox, subscribe here. In XI’s final article of 2019, it was pointed out that the Alberta Energy Regulator (AER) has stopped providing monthly detailed liability management rating (LMR) reports on all assets in the province. Information that was previously [Read more]
Headlines
Saskatchewan, Tatagwa – Midale Prospect Summary
Elcano Exploration Inc. is seeking proposals from qualified parties to further develop our Midale prospect at Tatagwa, Saskatchewan. Elcano purchased five 2D trade lines to help define pool potential based on 14m net pay in the Midale Fm vuggy zone of the key well at 5-19-006-16W2. Core Analysis and petrophysical evaluation of the key well pay interval have excellent reservoir and saturation parameters. Seismic mapping supports a structurally favorable pool area over at least two sections. Hz [Read more]
Unleashing our Economy: Rewarding Energy Workers and Businesses
The Petroleum Joint Venture Association is pleased to announce that the Hon. Pierre Poilievre MP will be the guest speaker at the PJVA Breakfast Jan 31st at The Calgary Petroleum Club. Topic: “Unleashing our Economy: Rewarding Energy Workers and Businesses” Mr. Poilievre was born and raised in Calgary. He is a five-term Member of Parliament and the Conservative Shadow Minister of Finance and is a strong supporter of our energy sector and a fair deal for Alberta. Mr. Poilievre believes in [Read more]
Coastal GasLink makes new request to meet with First Nation pipeline opponents
VANCOUVER - The president of a company building a natural gas pipeline across northern British Columbia is renewing a request to meet with the hereditary clan chiefs of a First Nation who say the project has no authority without their consent. Coastal GasLink president David Pfeiffer says in a letter Tuesday to Na'moks, who leads one of five clans of the Wet'suwet'en Nation, that the company's preference is to resolve the dispute over the pipeline through meaningful dialogue. Na'moks could [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 Jan. 14 Field Operations Summer Student ARC Resources Calgary Jan. 14 Asset Integrity Coordinator Razor Energy Corp. Swan Hills Jan. 14 Supervisor, Operations - [Read more]
TC Energy to resume work on Keystone XL oil pipeline in February
Canadian pipeline company TC Energy Corp said on Tuesday that it planned to start pre-construction work in February for its Keystone XL oil pipeline, the start of a busy planned work schedule in 2020 for the long-delayed project. TC said in a filing with U.S. District Court in Montana that in February it would start mobilizing heavy construction equipment in Montana, South Dakota and Nebraska, and aim to begin building a 1.2-mile (1.93 km) segment spanning the U.S.-Canada border in [Read more]
NuVista Energy Ltd. Announces Operational Update With Record Production for the Fourth Quarter of 2019
CALGARY - NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX: NVA) is pleased to announce a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. Operations Update The NuVista operated Pipestone South Compressor Station has performed with high reliability since commencing operations late in the third quarter of 2019. After initial testing, the 11 new wells at Pipestone have been operating tubing-restricted with minimal [Read more]
Encana shareholders vote 90 per cent for name change, Denver HQ move
CALGARY - Shareholders in Encana Corp. have voted overwhelmingly in favour of the oil and gas company moving its headquarters to Denver from Calgary and changing its name to Ovintiv Inc. CEO Doug Suttles says the 90 per cent vote in favour of the resolution shows clear support for the long-standing Canadian company’s decision to move its corporate home south of the border, despite public criticism from Encana founder Gwyn Morgan and shareholder Letko, Brosseau & Associates Inc. Encana [Read more]
Heavy discount widens with congested transport, big stocks
The discount on Canadian heavy crude widened versus U.S. benchmark West Texas Intermediate (WTI) crude on Tuesday, as congested transport and high inventories weakened prices. Many western Canadian grades have seen weakening prices, with crude by rail movement seeming to flatten in recent weeks, and storage levels remaining elevated, said Matt Murphy, analyst of upstream and integrateds for Tudor Pickering Holt & Co. Murphy added that more diluent is required to move bitumen through [Read more]
January webinars to offer insights into ARO cost models and working interest
XI Technologies is hosting two free webinars in January to address common questions when it comes to asset retirement obligations. These webinars will be 30 minutes each and will demonstrate how ARO Manager helps users with a built-in, industry-recognized cost model and helps them discover working interest partners. Webinar: How to Find Working Interest Partners in ARO Time: 11:00am – 11:30am MST Date: Thursday, January 28, 2020 Click here to register. Do you know all your working [Read more]