Weekly Update Sept 16 2019
Interesting News
- 3 compressor upgrade projects CNRL 01-15-063-07W4, Obsidian 05-06-043-08W5, Torxen 06-17-025-20W4
- Imperial Oil 42 new well permits for 3 new well pads
- CNRL new 6 well pad 04-12-065-06W4
- BONNYVILLE area 64 new well permits
- Nexen completes the spud of 12 well pad 08-13-085-07W4
- Arc in the process of spud 8 well pad 01-24-065-25W5
- Chevron completes the spud of an 8 & 10 well pads 08-19-062-19W5, 15-06-062-21W5
- We have a positive new well permit alert on Pele Energy Inc. for Kindersley
- We have a positive new well permit alert on Entrada Resource Inc for Red Deer
- We have a negative new well permit alert for Teine Energy Ltd
- We have a negative new well permit alert for ARC Resources Ltd
First Facility License since May 1 2019 (or greater)
- Vermilion Energy Inc_New Licence_Gas battery – multiwell _AB_05-20-053-13W5
- Timberrock Energy Corp_New Licence_Gas battery – multiwell _AB_13-18-033-03W5
- Westbrick Energy Ltd_Licence Amendment_Oil battery – multiwell _AB_01-34-044-11W5
- Westbrick Energy Ltd_New Licence_Gas battery – multiwell _AB_07-11-045-12W5
- PEMOCO LTD._Licence Amendment_Injection/Production Satellite_SK_16-31-009-01W2
First Well License since May 1 2019 (or greater)
- Vital Energy_AB_WAINWRIGHT_SULLIVAN_15-36-033-14W4_CRUDE OIL
- Black Swan Energy Ltd_BC_BC_NIG CREEK_NTS: A H-007-G/094-H-04_GAS
- Black Hat Ventures Inc._SK_Estevan_MANNVILLE GROUP_01-15-004-06W2_CRUDE OIL
- Potash Corporation of Saskatchewan Inc_SK_Kindersley_PRAIRIE EVAPORITE_12-33-036-06W3_Potash Test Well
First Wells Drilled Since May 1 2019 (or greater)
- None
Rigs First Time Drilling Since Apr 1 2019
- Cardinal Energy Ltd_Saville 440_9/9/2019_AB_MEDICINE HAT_ALDERSON_10-04-016-11W4_CRUDE OIL
- Murphy Oil Canada_Precision 547_9/9/2019_AB_ST. ALBERT_KAYBOB_06-06-065-17W5_GAS
- TORC Oil & Gas Ltd_Ensign 31_9/8/2019_AB_DRAYTON VALLEY_KAYBOB SOUTH_01-32-058-19W5_CRUDE OIL
Other News
- Rocky Mountain GTL Inc. (the “Corporation“) is pleased to announce that it has secured a $15 Million Term Loan with Roynat Capital (a division of Scotiabank) and awards Midwest Construction Group Inc. as general contractor of the Corporation’s Enhanced GTL(R) (EGTL(TM)) plant 60 kilometers east of Calgary, near Carseland, Alberta.
- OBSIDIAN ENERGY LTD. intended to evaluate the Company’s strategic options and alternatives to maximize shareholder value. Such strategic alternatives may include, but are not limited to, a corporate sale, merger or other business combination, a disposition of all or a portion of the Company’s assets, a recapitalization, refinancing of its capital structure, or any combination of the foregoing.
- Suncor today announced it is replacing its coke-fired boilers with two cogeneration units at its Oil Sands Base Plant. The cogeneration units will provide reliable steam generation required for Suncor’s extraction and upgrading operations and generate 800 megawatts (MW) of power. The power will be transmitted to Alberta’s grid, providing reliable, baseload, low-carbon power, equivalent to approximately 8% of Alberta’s current electricity demand. This project will increase demand for clean natural gas from Western Canada.
