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Category: Oil & Gas News

CNRL funds meal program at Bert Ambrose Elementary FORT ST. JOHN, B.C.

November 15, 2022 Author: phinds Category: Oil & Gas News

Canadian Natural Resources Limited presented a donation to Bert Ambrose Elementary on Monday for their meal program.

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PEYTO REPORTS Q3 2022 RESULTS AND 2023 PLANS

November 14, 2022 Author: phinds Category: Oil & Gas News

Peyto 2023 budget are still being finalized, an organic capital program of $425–$475 million is anticipated, which will use between 4 and 5 drilling rigs throughout the year and is estimated to add approximately 35,000 to 40,000 boe/d of new production by the end of the year.

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Is the Permian Basin production slowing down?

November 9, 2022 Author: phinds Category: Oil & Gas News

Pioneer Natural Resources (PXD), one of the leading oil companies in the Permian Basin, witnessed a 9% year-over-year drop in its Q3 oil production to 354,043 barrels per day.

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Another month, another oil production record in Alberta

November 9, 2022 Author: phinds Category: Oil & Gas News

Oil production in Alberta averaged a record-breaking 3.88 million barrels per day in September.

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TOURMALINE DELIVERS STRONG CASH FLOW AND FREE CASH FLOW IN Q3 2022

November 8, 2022 Author: phinds Category: Oil & Gas News

Tourmaline is currently operating 13 rigs across the three EP complexes. The Company drilled 86 net wells and completed 75 net wells in the third quarter of 2022.

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Canadian Natural Resources Limited Announces 2022 Third Quarter Results

November 8, 2022 Author: phinds Category: Oil & Gas News

The Company drilled a total of 295 net crude oil and natural gas wells in the nine months ended September 30, 2022 compared to 168 in the comparable period in 2021, an increase of 127 net wells over this time period.

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DEVON ENERGY ANNOUNCES THIRD QUARTER FINANCIAL & OPERATING RESULTS

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

Production for the third quarter averaged 614,000 oil-equivalent barrels (Boe) per day, exceeding guidance by 2 percent. This performance was driven by the company’s Delaware Basin asset that accounted for nearly 70 percent of total production.

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Marathon Oil to acquire the Eagle Ford assets of Ensign Natural Resources

November 2, 2022 Author: phinds Category: Oil & Gas News

Marathon Oil Corporation (NYSE: MRO) announced it has entered into a definitive purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3.0 billion. The transaction is subject to customary terms and conditions, including closing adjustments, and is expected to close by year-end 2022.

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TransAlta sues Alberta government to prevent oilpatch fracking near hydro dam

November 2, 2022 Author: phinds Category: Oil & Gas News

Calgary-based electricity producer TransAlta Corp. is suing the Alberta government and the Alberta Energy Regulator to prevent oil and gas companies from fracking near its largest hydroelectric dam in the province because the technique can cause earthquakes.

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SURGE ENERGY INC. ANNOUNCES THIRD QUARTER FINANCIAL & OPERATING RESULTS

November 2, 2022 Author: phinds Category: Oil & Gas News

Surge Achieved average daily production of 21,380 boepd (86 percent liquids) during Q3/22, an increase of over 21 percent as compared to Q3/21 production of 17,642 boepd (84 percent liquids)

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