WASHINGTON (Reuters) - The Canadian government would like to see construction accelerate on the Trans Mountain pipeline expansion, but has no control over decisions to resume or start new work until it takes ownership of the major crude oil pipeline project, Canada’s natural resources minister said. “We think that construction and staying on a schedule is important, but that will be up to Kinder Morgan as long as they are the owner of the pipeline,” Jim Carr said in an interview in [Read more]
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Ontario Oil and Gas Production for Sale
A mid-sized producer is offering all of its Ontario oil and gas production for sale. The offering consists of PNG rights, wells and associated facilities located in Southwestern Ontario. 140 boe/d (36% light oil) Operated High working interest (~97%) Low decline Superior commodity pricing relative to Western Canada [Read more]
Sour odours making sour neighbours?
Storing the fluid in tanks that can handle 14.9 PSI allows all the vapours to be pushed to a flare stack without worrying about popping a thief hatch. Having a few PSI instead of a few ounces of pressure can be a huge help in controlling fugitive emissions. OSY sells, rents and offers rent to own options on all of our equipment. Tanks range from 400 to 850 BBLs. Click here to learn more Please contact Dallas or Greg with any questions. Dallas [Read more]
Minnesota regulators question demand for expanded Enbridge oil pipeline
Commissioners on a Minnesota regulatory board questioned crude oil demand for Enbridge Inc's Line 3 pipeline on Tuesday, ahead of an expected decision this week on whether work can proceed on a proposed expansion. Enbridge wants to replace the aging 1,660-km pipeline that runs from Alberta in Canada to Wisconsin, but it needs approval from the five-member Minnesota Public Utilities Commission, which must decide whether the project is needed, and the route. Bottlenecks in Alberta have [Read more]
Blackbird Energy Inc. Announces Third Quarter 2018 Record Financial and Operating Results
CALGARY, Alberta, June 26, 2018 (GLOBE NEWSWIRE) -- (TSX-V:BBI) Blackbird Energy Inc. (“Blackbird” or the “Company”) is pleased to announce record financial and operational results for the quarter ended April 30, 2018. Blackbird’s unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for the quarter ended April 30, 2018 are available on SEDAR at www.sedar.com and are also posted on Blackbird’s website at www.blackbirdenergyinc.com. “This [Read more]
Canada dreams of oil exports to Asia, but California beckons
VANCOUVER/WINNIPEG, Manitoba (Reuters) - The nationalization of a crude oil export pipeline in western Canada has buoyed long-standing hopes for crude exports to markets beyond the United States - but the most likely destination for much of that oil is California. Faced with declining production from Latin America and rising prices for higher-grade crudes from the Middle East, the Golden State is importing more oil from Canada - much of it via the Trans Mountain pipeline, which Kinder Morgan [Read more]
Cequence Energy Ltd. Announces Operations Update
CALGARY, June 26, 2018 /CNW/ - Cequence Energy Ltd. (TSX: CQE) ("Cequence" or the "Company") is pleased to provide an update on its recent operational activities. Cequence continues to see strong production from its Dunvegan oil play including the 3 gross (2 net) wells that came on production in April. For the month of May, the 3 gross wells averaged a combined 601 bbl per operating day per well with all three wells above the Company's internal model of 300 bbls oil per day per well. Total [Read more]
Pengrowth Provides Framework for Multi-Year Development Plan
CALGARY, Alberta, June 26, 2018 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (TSX:PGF) (OTCQX:PGHEF), today announced an update to its operational and development plans. Development Plan Highlights: Lindbergh - Thermal Oil Current production at Lindbergh has exceeded 17,500 barrels (bbl) per day representing growth of approximately 3,500 bbl per day from the beginning of 2018 and is on track to achieve 18,000 bbl per day exit guidance by the end of the year with the tie-in of eight [Read more]
Study predicts Trans Mountain pipeline purchase will add to federal deficit
CALGARY - A study by a sustainable energy research group predicts the federal government's purchase of the Trans Mountain pipeline will add significantly to the deficit next year. The study released Tuesday by the Institute for Energy Economics and Financial Analysis said buying the Kinder Morgan Canada assets, plus planning and construction costs, will put $6.5 billion in unplanned spending on the books for the 2018-19 fiscal year. Study authors Tom Sanzillo and Kathy Hipple said that [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 Jun. 26 FINANCIAL REPORTING ANALYST - (CAT) Trican Well Service Ltd. Calgary Jun. 25 Business Systems Analyst ARC Resources Calgary Jun. 24 Mechanical [Read more]