Canada Rig Count Report Aug 9, 2022 we are tracking 95 Oil & Gas Operators and 206 drilling rigs that spud wells last 30 days in Alberta, BC and Saskatchewan.
Canada Rig Count Report Aug 9, 2022
Oil & Gas Projects Blog
Mid-continent Rig Count Aug 9 2022
Rig count in the Mid Con last 30 days, report date Aug 9 2022. We are tracking 232 Oil & Gas Operators and 585 drilling rigs that drilled wells in 121 counties located in the Mid-continent.
Devon Energy Corp. to purchase Validus Energy, an Eagle Ford operator
Devon Energy Corp. (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire Validus Energy, an Eagle Ford operator, for total cash consideration of $1.8 billion. The transaction is subject to customary terms and conditions and is expected to close at the end of the third quarter of 2022, with an effective date of June 1, 2022.
Mid Con New Well Permits Aug 6
The following is a summary of the 283 new well permits approved the week of Aug 6 2022 in Texas, Oklahoma, Louisiana and New Mexico.
Strathcona Resources to acquire Serafina Energy
Strathcona Resources Ltd. agreed to buy Saskatchewan-oil explorer Serafina Energy Ltd. for C$2.3 billion ($1.8 billion), the latest acquisition by the closely held Canadian energy company, according to a person familiar with the transaction
Inflation Reduction Act
The IRA bill is a $370 billion of climate spending in the new bill would cut US emissions roughly 42% below 2005 levels by 2030, or by 3.8 billion metric tons of carbon dioxide equivalent.
Devon to expanded Permian Basin activity
S&P Global reported Devon is raising its full-year 2022 production forecast by 3% to a range of 600,000-610,000 b/d of oil equivalent
CNRL Kirby North Light Hydrocarbon Recovery Facility
The Kirby In Situ Oil Sands Project approval of the Kirby North Light Hydrocarbon Recovery Facility in the Kirby North Development Area.
Pipeline projects announced to expand Permian natural gas capacity
Five new Pipeline projects in Texas—four newly announced projects and one project under construction—since the last update in April 2022. Of the four new projects, three will expand capacity for existing pipelines, and one will be a new pipeline. If completed as planned, these five projects together would increase takeaway capacity out of the Permian Basin by a combined 4.18 billion cubic feet per day (Bcf/d) over the next two years.
Canada Rig Count Report Aug 4, 2022
Canada Rig Count Report Aug 4, 2022 we are tracking 98 Oil & Gas Operators and 207 drilling rigs that spud wells last 30 days in Alberta, BC and Saskatchewan.
