Oil prices rose for a third day on Thursday, pushed up by signs of lower imports into the United States as part of efforts by OPEC to tighten the market. U.S. West Texas Intermediate (WTI) crude futures were at $54.58 per barrel at 0249 GMT, up 35 cents, or 0.7 percent, from their last settlement. WTI closed up 1.7 percent on Wednesday, when prices touched their highest since Nov. 21 at $54.93 a barrel. International Brent crude oil futures were up 52 cents, or 0.8 percent, at $62.17 per [Read more]
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Canadian Gas Dialogues – Calgary, April 23, 2019
Natural Gas World, in partnership with the Canadian Gas Association and the BOE Report, presents “Canadian Gas Dialogues”. The Canadian Gas Dialogues conference will take place in Calgary on April 23 and is designed to bring together the spectrum of stakeholders in the natural gas community for the exchange and sharing of insight and viewpoints on how we can collectively move forward the position of the industry in local, national and global communities. Main topics for discussion: Public [Read more]
Alberta to ease oil production cuts by 75,000 barrels per day
EDMONTON - Alberta Premier Rachel Notley says the province is easing mandatory oil production cuts as the value of oil increases. Last month, the province ordered production of raw crude oil and bitumen to be reduced by 325,000 barrels per day to deal with low prices. Notley says Alberta is allowing increased production in February and March by 75,000 barrels per day. Notley says the December decision has helped draw storage levels of oil down. The premier says Alberta is not out of [Read more]
Husky resumes oil production off Newfoundland following November spill
ST. JOHN'S, N.L. - Husky is resuming oil production work off Newfoundland, two months after operations were suspended following a spill of about 250,000 litres. The Canada-Newfoundland Offshore Petroleum Board gave Husky's plan to plug the failed flowline connector its seal of approval this week, along with several conditions. Production began to restart on Wednesday at a section of the White Rose oil field separate from the area where the spill originated in November. Key operations [Read more]
Terry Etam’s open letter to Victoria city council on climate change lawsuit ambitions
Dear city council, Humbly submitted for your consideration is the following. On January 22, 2019, Rhode Island’s governor declared a state of emergency due to a problem with natural gas delivery. Excess demand from cold weather reduced line pressure causing 7,000 customers to have service cut. A near-catastrophe was avoided through massive emergency response actions. On October 8 2018, a natural gas pipeline exploded near Prince George. Residents of the lower mainland were warned to “turn [Read more]
Pulse Oil Corp. Provides Operational Update
CALGARY, Jan. 30, 2019 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) is pleased to provide the following operational update, including information on new well drilling results from the Company's Queenstownproperty as well as a re-activation / EOR implementation update from Pulse's Bigoray property. Queenstown: As reported Dec 18th, 2018 and Jan 2nd, 2019, Pulse recently completed the drilling and fracture stimulation of the Company's first two new wells. The [Read more]
A large (96” x 18’) new separator is now available; although only 1 company can buy it, here are some fun facts that everyone else can appreciate
Realistically, there are probably only a few people in the industry that have an application where this separator would fit; yet the BOE Report goes to tens of thousands of people everyday – What about them? The construction of this piece of equipment (96” x 18’ x 1440psig Sour Separator) is fascinating to me and since we recently moved this separator to a yard 10 mins from the Grande Prairie Airport, I felt it would be interesting to share the facts that almost anyone with an appetite for [Read more]
Facility Engineering Groups Focus On Latest Construction Processes & New Technologies
The only Canadian forum dedicated entirely to the onshore facilities engineering discipline, Cost-Effective Well Site Facilities Canada 2019, takes place February 27-28 in Calgary. Join facility engineering and project management groups from Repsol Oil & Gas Canada, Tourmaline Oil, Venturion Oil, ARC Resources, Seven Generations Energy, Shell Canada, Husky Energy, Caltex Resources, Jupiter Resources, Razor Energy, Painted Pony Energy, Sitka Exploration, NuVista Energy and more to get [Read more]
XI Technologies: Considering some potential impacts of the Redwater decision
Each week, XI Technologies scans their 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 Wednesday Word to the Wise delivered directly to your inbox, subscribe here No matter which way Canada’s Supreme Court rules, in the post-Redwater world it will be essential for E&P companies, lenders, and other investors to have an early and realistic estimate of the asset retirement obligation (ARO) [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. 29 Plant Operator Roska DBO Grande Prairie Jan. 29 Software Developer Calfrac Well Services Calgary Jan. 28 Cooperative Student - Operations [Read more]