Interesting News
- Keyera Corp. facility approval for Phase 2 of its Wapiti natural gas gathering and processing project south of Grand Prairie, Alta. Phase 2 of the Wapiti gas plant will add another 150 MMcfd of sour gas processing to the 150-MMcfd Phase 1 of the plant currently under construction. At an estimated cost of about $150 million, Phase 2 of the Wapiti plant is scheduled to be completed in mid-2020, the operator said.
- Vermilion Energy Inc working with Trialta Projects Inc Gas Battery 16-33-049-13W5
- Storm Resources Ltd 9 new well license Beatton River
- Encana Corporation permit approved 9 well pad WEMBLEY 01-29-072-09W6
- Seven Gen 6 permit approved 6 well pad Karr 12-01-064-04W6
- Chevron completes spud of 6 well pad 13-17-062-20W5 Ensign 144
- Husky completes the spud 8 well pad 11-07-048-19W3 Akita 29
- Suncor completes the spud of 20 well pad 16-16-095-06W4
- Tamarack Valley completes the spud of 7 well pad 02-19-034-08W4
First Facility License since Oct 1 2018 (or greater)
- Osum Oil Sands Corp_Licence Amendment_Bitumen battery_AB_13-16-064-03W4
- Exshaw Oil Corp_Licence Amendment_Gas processing plant _AB_03-10-077-07W6
- Altura Energy Inc._Licence Amendment_Oil battery – multiwell_AB_12-14-049-26W4
- NEP Canada ULC_New Licence_Oil satellite _AB_14-16-051-26W4
First Well License since Oct 1 2018 (or greater)
- Ener T Corporation_WAINWRIGHT_LLOYDMINSTER_06-34-051-02W4
- TANAGER ENERGY INC._RED DEER_JOFFRE_15-22-039-26W4
First Wells Drilled Since Oct 1 2018 (or greater)
- Brahma Resources Ltd_SK_Lloydminster_WASECA MEMBER_02-10-051-21W3
- Potash Corporation of Saskatchewan Inc_SK_Kindersley_PRAIRIE EVAPORITE_02-25-035-08W3
- PTTEP Canada Limited_AB_BONNYVILLE_THORNBURY_06-14-078-12W4
Rigs First Time Drilling Since Apr 1 2018
- Potash Corporation of Saskatchewan Inc_Akita 14_SK_Kindersley_02-25-035-08W3
- SYNCRUDE CANADA INC_Bertram 722_AB_Bonnyville_
- SYNCRUDE CANADA INC_Bertram 652_AB_BONNYVILLE_13-30-093-09W4
- Encana Corporation_TRINIDAD 45_BC_BC_DLS: D 03-31-080-17
Other News
- Imperial Oil Ltd said on Friday it would delay its C$2.6 billion ($1.95 billion) Aspen oil sands project in Alberta by about a year after the provincial government imposed output cuts to tackle pipeline bottlenecks
- Point Loma is expected to commence construction of production facilities at its recently drilled and tested Rex oil discovery well
- Petrus 85% of the capital plan will be directed to development of Cardium light oil wells in the Ferrier area of Alberta, which we estimate will have payouts of less than one year and achieve its objective to increase its light oil production weighting and funds flow. The Company continues to focus on optimizing its cost structure, particularly in the Ferrier area, through facility ownership and control.
- Delphi Energy Capital spending in the first half of 2019 is expected to be approximately $26 million, funded entirely from adjusted funds flow.
- Birchcliff’s disciplined 2019 capital program (the “2019 Capital Program”) is focused on its high-value light oil assets in Gordondale and its condensate-rich assets in Pouce Coupe.
- Journey had planned to begin its 2019 drilling program at the end of the fourth quarter of 2018. However, in response to the rapid deterioration in fourth quarter funds flow Journey chose to delay its entire 2019 drilling program until after breakup to restore the financial flexibility lost by the lower than expected fourth quarter funds flow.
