Canadian Oilfield Service and Supply Database
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B.C. only bright spot in western Canada licence count
New well permitting over the first two months of the year is at an almost 25-year low, with licence counts in B.C. the only bright spot in otherwise d...
Service companies grapple with downturn
Service companies are now faced with not only less work and customers asking them to reduce their prices, but also the challenge of retaining the skil...
Producer budgets cut by $20 billion from 2014
Two months into 2015, producer spending plans are down by about $20 billion from 2014.
Downward supply response will help balance the oil market: Chevron
While long-term fundamentals for oil remain attractive, the near-term outlook is weak and a drop in supply will be the primary mechanism to help balance...
Oilsands spending, large Duvernay bids highlight Alberta’s March land sale
Alberta's land sale on March 11 generated $44.67 million, which included $21.11 million spent tying up oilsands leases.
Ensign predicts stiff service competition this summer
Despite cuts to service pricing currently running beyond 10 per cent, the oilfield service business will likely weather steeper cuts this summer as contractors...
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