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Oilsands condensate demand driving Duvernay activity, conference told
Alberta's Duvernay shale may see limited near-term development for natural gas liquids, but oil economics are currently challenged by low crude prices...
May’s well permit count off 57 per cent year-over-year; B.C. only bright spot
Operators licensed 485 new wells across the country in May, with operators working in B.C. booking the only year-over-year increase in well assignment...
Study sees years of continued drilling in Alberta’s busiest tight oil play
With oil prices near $100/bbl, it would take at least seven or eight years to drill the roughly 3,750 well locations identified to date in the Cardium...
Another weak land sale in Alberta; average price plunges to 20-year low
The Alberta government attracted a bonus of $4.28 million for 93,282 hectares at its May 27 land sale, which produced an average price of just $45.86,...
Natural gas producers add record amount of proved reserves in 2014 through drill bit
Natural gas producers across Canada added a record amount of reserves in 2014 through discoveries and extensions.
Don’t rush new carbon rules: political analyst
While the NDP government promised that new climate change–related regulations will be in place by the end of June, a Calgary-based political analyst...
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