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Category: Oil & Gas News

Pembina signs deal to sell stake in Key Access Pipeline System

December 12, 2022 Author: phinds Category: Oil & Gas News

Pembina Pipeline Corp. has signed a deal to sell Pembina Gas Infrastructure’s 50 per cent interest in the Key Access Pipeline System to private equity firm Stonepeak Partners LP for $662.5 million.

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New headquarters for Helmerich and Payne

December 12, 2022 Author: phinds Category: Oil & Gas News

After nearly 20 years on South Boulder Avenue in Tulsa, Helmerich & Payne will move to the new headquarters at 222 N Detroit Avenue.

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Hinkle Oil and Gas Completes seven wells in Kingfisher County

December 12, 2022 Author: phinds Category: Oil & Gas News

Oklahoma City-based Hinkle Oil & Gas Inc. filed completion reports on seven wells in Kingfisher County including one with production of more than a thousand barrels of oil a day.

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CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2023 BUDGET

December 10, 2022 Author: phinds Category: Oil & Gas News

Canadian Natural Resources Ltd. says it expects to spend $5.2 billion on its capital budget next year as it looks to grow production in 2023

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NuVista Energy Ltd. 2023 Guidance

December 7, 2022 Author: phinds Category: Oil & Gas News

Nuvista capital expenditure guidance for 2023 is set at a range of $425 – $450 million.

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Western Canada Top 10 Operators by Wells Drilled in 2022

December 7, 2022 Author: phinds Category: Oil & Gas News

The list below are the top 10 Operators by wells spud in 2022, locations is the Western Canada Sedimentary Basin (WCSB) located in Western Canada including southern Saskatchewan, Alberta, northeastern British Columbia.

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Surge Energy America Contributes $7 Billion to the Texas Economy

December 5, 2022 Author: phinds Category: Oil & Gas News

Surge Energy ranks #41 in wells drilled in 2022 with 52 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana. Surge announces it has surpassed $7 billion of contribution to the Texas economy.

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Laredo to be rebranded “Vital Energy”

December 5, 2022 Author: phinds Category: Oil & Gas News

Laredo’s 2021 flaring intensity was 44% compared to 2020 and 78% less than in 2019. The company’s Scope GHG emissions intensity was reduced 25% over 2020.

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Canada’s TC Energy Gets Approval to Expand NGTL Gas Pipeline System

December 3, 2022 Author: phinds Category: Oil & Gas News

TC Energy West Path Delivery 2023 (WP2023) project will add about 40 km (25 miles) of new natural gas pipeline to the existing 25,000-km (15,534 miles) NGTL system, which ships gas across Canada and to U.S. markets.

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ARC RESOURCES 2023 CAPITAL BUDGET

November 30, 2022 Author: phinds Category: Oil & Gas News

The Board has approved a preliminary capital budget of $1.8 billion. The budget was designed with profitable growth and capital discipline in mind, and includes an updated framework that allows capital returns to increase as net debt approaches ARC’s long-term target.

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