Interesting News
- Arc resources plans to drill 82 wells in Western Canada spending $775M – $375M on growth
- Jupiter Resources Inc new gas plant working with Allardyce Bower Consulting Inc. multiple compressors 03-05-063-07W6
- Advantage Oil & Gas Ltd. large battery with compressors & pumps 03-01-073-08W6
- SemCAMS ULC large compressor project 07-35-067-07W6
- Tidewater large compressor project 12-35-070-09W6
- Baytex approved 9 well pad 13-36-059-03W4
- Whitecap Resources Inc. approved 14 new well license in SK
- Velvet Energy Ltd approved 4 well pad 10-01-069-03W6
- Ridgeback Resources approved 4 well pad 14-31-063-18W5
- Chevron spud 8 well pad 08-19-062-19W5
- Hemisphere Energy Corporation spud two pads 01-30-021-05W4 & 04-29-021-05W4
- Arc spud 4 well pad BC 12-31-079-14 W6
First Facility License since Feb 1 2019 (or greater)
- Long Term Asset Management Inc._Licence Amendment_Gas processing plant_AB_12-31-016-28W4
- Bonavista Petroleum Ltd_New Licence_Gas battery – multiwell_AB_02-34-037-08W5
- Jupiter Resources Inc_New Licence_Gas processing plant _AB_03-05-063-07W6
First Well License since Feb 1 2019 (or greater)
- Rising Star Resources Ltd._AB_GRANDE PRAIRIE_MIRAGE_01-21-079-07W6_CRUDE OIL
- SHIELD ENERGY LTD._AB_GRANDE PRAIRIE_SINCLAIR_14-19-073-12W6_CRUDE OIL
- Sifton Petroleum Inc._AB_DRAYTON VALLEY_PEMBINA_16-21-046-03W5_CRUDE OIL
First Wells Drilled Since Feb 1 2019 (or greater)
- Connacher Oil and Gas_AB_BONNYVILLE_HANGINGST_12-19-082-11W4_CRUDE BITUMEN
- Inception Exploration Ltd._AB_GRANDE PRAIRIE_ELMWORTH_07-10-069-05W6_CRUDE OIL
- TEMPUS ENERGY LTD._AB_Midnapore_WAYNE-ROS_01-07-029-19W4_CRUDE OIL
- Ish Energy Ltd_SK_Kindersley_VIKING FORMATION_09-24-032-27W3_CRUDE OIL
- NAL Energy Corporation_SK_Estevan_FROBISHER-ALIDA BEDS_10-02-006-33W1_CRUDE OIL
Rigs First Time Drilling Since Apr 1 2019
- Deltastream Energy Corporation_Komat 4_AB_ST. ALBERT_MARTEN HI_02-15-074-25W4_CRUDE BITUMEN
- Inception Exploration Ltd._Precision 185_AB_GRANDE PRAIRIE_ELMWORTH_07-10-069-05W6_CRUDE OIL
- Peyto Exploration and Development Corp._Ensign 432_AB_DRAYTON VALLEY_WILD RIVER_01-09-056-24W5_GAS
- Tamarack Valley Energy Ltd_Precision 309_AB_RED DEER_PEMBINA_01-02-045-06W5_CRUDE OIL
- Tourmaline Oil Corp_Nabors 16_AB_DRAYTON VALLEY_ANDERSON_06-03-051-23W5_GAS
- Yangarra Resources Ltd._Stampede 6_AB_RED DEER_CHEDDERVI_13-01-037-08W5_CRUDE OIL
- Tourmaline Oil Corp_Precision 533_BC_BC__NTS: A F-032-I/094-B-09_GAS
- Crescent Point Energy Corp._Savanna 420_SK_Kindersley_VIKING FORMATION_02-32-025-18W3_CRUDE OIL
- Gear Energy Ltd_Betts 3_SK_Estevan__05-27-001-10W2_CRUDE OIL
- Ish Energy Ltd_Lasso 6_SK_Kindersley_VIKING FORMATION_09-24-032-27W3_CRUDE OIL
- NAL Energy Corporation_Panther 2_SK_Estevan_FROBISHER-ALIDA BEDS_10-02-006-33W1_CRUDE OIL
- Pemoco Ltd_Red Hawk 3_SK_Estevan_TILSTON BEDS_01-30-009-33W1_CRUDE OIL
- Vermilion Energy Inc_Horizon 29_SK_Estevan_MIDALE BEDS_07-29-006-14W2_CRUDE OIL
Other News
- Canadian oil production will grow by 1.4% annually until 2035, the Canadian Association of Petroleum Producers (CAPP) forecast on Thursday, halving its forecast from five years ago due to constraints by lack of new pipelines and inefficient regulation.
- Arc resources plans to drill 82 wells in Western Canada spending $775M – $375M on growth
- MEG to spend $40MM og its $200M 2019 budget to support production growth at Christina Lake beyond 2019, including increased central plant facility throughput to 120,000 bbls/d
- Torc Torquay/Three Forks development, select delineation to continue growth and initiated infrastructure build out – total $185mm capital budget
- Surge 2019 Exploration and Development Capital: $135 million, Drilling and Completions $100 million, Facilities, Equipment, and Pipelines $25 million, Other (Land, Seismic, G&A) $10 million