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]
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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]
Yangarra Announces 2018 Year End Corporate Reserves Information
CALGARY, Jan. 29, 2019 /CNW/ - Yangarra Resources Ltd. ("Yangarra" or the "Company") (TSX:YGR) releases the results of the 2018 year end oil and gas reserves evaluation. In 2018, Yangarra drilled 36 wells with a continued emphasis on developing new areas through (small "E") exploration and further delineation of existing areas. Of the 36 wells drilled, 30 wells were brought on production in 2018 with the remaining 6 wells put on production in early 2019 as oil price differentials [Read more]
Sanctions on Venezuela’s oil firm sends U.S. refiners scrambling
Venezuela's revenues from oil sales to the United States have come under severe threat as sweeping sanctions on Venezuelan state-owned oil firm has sent U.S. buyers scrambling for replacements. The United States on Monday imposed sanctions on Petróleos de Venezuela, S.A., known as PDVSA , to cripple the OPEC member's oil shipments, which account for nearly all of Venezuela's exports, in response to the reelection of socialist President Nicolas Maduro, a vote widely viewed as [Read more]
Mexico, Iraq expected to fill Venezuelan oil gap ahead of Canada, analysts say
CALGARY - A lack of export pipeline capacity means Canada will not be able to boost shipments to take advantage of U.S. sanctions against Venezuela's national oil company, analysts say. The sanctions announced Monday against PDVSA are designed to interrupt the flow of oil money to the government of President Nicolas Maduro, putting pressure on him to step aside and allow opposition leader Juan Guaido to fill in as interim president. Mexico and Iraq are instead most likely to benefit in the [Read more]
Drilling forecast cut due to lower expectations for 2019 oilpatch spending
CALGARY - The Petroleum Services Association of Canada is cutting 1,000 wells from its 2019 drilling forecast due to what it calls deteriorating investor confidence in Canada. The industry group says it now expects 5,600 wells to be drilled in Canada this year, down from its November forecast of 6,600, and 19 per cent behind the 2018 total of 6,948 wells drilled. PSAC CEO Gary Mar says a lack of market access continues to discourage investment in oil and gas exploration and production in [Read more]