Canadian Oilfield Service and Supply Database
The buyer's guide to Canada's oil & gas industry
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Service and supply companies warned to plan for the upturn
Shorter industry cycles of growth and profitability means that services and supply companies have to manage their growth coming out of a downturn as a...
Alarm bells on service sector debt likely to ring in Q2-Q3
Alarm bells are not yet ringing among those who track debt levels in western Canada's oilfield service sector, but they will certainly sound in this y...
Producers mixed on merits of drilling but not completing wells
As oilfield service costs continue to slide across North America, some producers are delaying well completions to conserve capital and reap future savings,...
Licence count plunges in Q1, with B.C. only bright spot
In the first quarter, governments across Canada approved 1,975 new wells—down 2,424, or 55 per cent, from the 4,399 permits issued in the first three...
Service sector struggles to balance short-term benefits and long-term consequences of layoffs
Layoffs are an inevitable part of any downturn, but shrinking headcounts could come back to bite the oilpatch when the eventual upswing occurs and the...
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