Texas Wells Spud – the chart shows the wells spud and the average (mean) in Texas since covid. We are seeing a recovery the is U-shaped recession this is longer than a V-shaped drilling recession and has a less-clearly defined trough. Drilling may shrink for several quarters, and only slowly…
Western Canada Wells Drilled, Wells, Facility and Pipeline Permits Nov 10 2020
Summary of the Western Canada well, spud and facility permits approved Oct 14 2020
Western Canada Wells Drilled, Wells, Facility and Pipeline Permits Nov 3 2020
Summary of the Western Canada well, spud and facility permits approved Oct 14 2020
Western Canada Wells Drilled, Wells, Facility and Pipeline Permits Oct 26th 2020
Summary of the Western Canada well, spud and facility permits approved Oct 14 2020
Western Canada Wells Drilled, Wells, Facility and Pipeline Permits Oct 19th 2020
Summary of the Western Canada well, spud and facility permits approved Oct 14 2020
Western Canada Wells Drilled, Wells, Facility and Pipeline Permits Oct 14th 2020
Summary of the Western Canada well, spud and facility permits approved Oct 14 2020
Western Canada Oil & Gas Weekly Update June 22nd 2020
Interesting News CANAMAX ENERGY LTD building a battery to support the 2 well pad 05-14-074-01W6 Cardinal Energy Ltd adding compressor to existing Gas battery_02-02-069-03W5. Murphy Oil Canada adding compressor to existing Gas battery_01-12-064-25W5 – appears they will adding pipelines to the area. Westbrick Energy Ltd licensed a new 2 well…
2020 Canadian Producers Capital Budgets Adjusted Due to COVID
Budget in millions Account Name Comments New Budget Original Budget Reduction Suncor Energy Inc. reduce the 2020 capital expenditure range to $3.6 billion to $4.0 billion, representing a further capital reduction of $400 million at mid‑point compared to the previous guidance. Combined with the March 23, 2020 guidance updates, capital…
Oil & Gas Daily Update April 15
Today’s energy market summary: Energy stocks and commodities began the new week mostly flat to lower. WTI and the Canadian crude benchmarks declined almost 1%, while Brent slipped 0.5%. The heavy and light oil discounts were unchanged, ending the day at US$8.50 and US$3.80 a barrel, respectively. The differential for…
Canadian Oil & Gas Weekly Update April 15 2019
Interesting News CNRL Gas processing plant large compressor upgrade 11-14-097-11W6 Murphy working with Lanmark Engineering Inc. new compressor build 05-23-065-21W5 Encana new compressor station BC TOWER LAKE DLS 02-12-081-18 CNRL Major compressor project 11-14-97-11 W6 Hamburg 54 new well license in BC 22 new well pads permitted last week. Artis…