Shales
News
June 04, 2020
Canadian banks’ exposure to oil and gas loans has surged to a record as energy firms tapped credit lines to combat plunging oil prices.
News
May 29, 2020
Our look ahead the coming week, including how drillers' ability to react to an increase in oil and gas demand could be impacted by technical and manpower limitations, and what key OPEC players have in store for the first week of June.
News
May 07, 2020
Enbridge Inc., North America’s largest pipeline operator, is cutting jobs, lowering executive pay and deferring some capital spending as measures to fight the Covid-19 virus reduce oil flows on its system and slow down construction.
News
April 16, 2020
ConocoPhillips is voluntarily curtailing 225,000 gross boepd, and reducing cash usage by more than $5 billion in 2020.
News
March 15, 2020
Canadian oil and gas companies are cutting C$2.4 billion to C$3.5 billion ($1.7 billion-$2.5 billion) from their budgets for this year as low prices make most production unprofitable.
News
January 29, 2020
Now based in Denver, Ovintiv Inc. will update investors Wednesday on its progress for the shale oil assets in Oklahoma it amassed after the $5.5 billion acquisition of Newfield Exploration Co. in 2018.
Article
January 2020
Hope for the Canadian oil industry?
News
January 14, 2020
Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Alberta pipeline system last year helped better manage flows of the fuel.
Article
May 2019
Numerous completion technology advances have emerged to improve stimulation efficiency and lower break-even costs, but the optimal solution depends on the development.
Article
February 2019
In an exclusive interview with World Oil Editor-in-Chief Kurt Abraham, ConocoPhillips Chief Technology Officer Greg Leveille discusses the technical issues facing global E&P, particularly as relates to the many U.S. unconventional plays
News
September 20, 2018
The Permian basin isn’t the only oil field facing pressure from pipeline bottlenecks.
Article
January 2018
The winter drilling season in the diverse shale plays scattered throughout the western Canada sedimentary basin (WCSB), is shaping up to be the busiest in three years.
News
December 13, 2017
Heavy Canadian crude fell to the lowest in almost four years against benchmark prices Tuesday as bottlenecks on pipelines and rail networks crimped exports.
News
November 07, 2017
Chevron Corp. is planning a significant drilling program in the Duvernay shale formation, marking a vote of confidence in Canada’s energy industry in a year when it joined other majors in selling assets there.
News
July 14, 2017
OPEC producers are finding that shale oil drillers aren’t their only adversaries in their battle to drain a three-year crude glut.
Article
July 2017
Combining an in-depth field analysis with mechanical isolation and a targeted stimulation treatment will greatly enhance the success of a refracturing program.
Article
June 2017
Multiple completion technologies can be combined in one well for a hybrid solution to improve stimulation in extended reach laterals.
News
May 24, 2017
After years of being a magnet for job seekers, Canada’s oil patch is turning into a bit of a no-go place -- and that’s making a recovery harder.
News
May 19, 2017
Drilling rigs and roughnecks are hot commodities once again across the Montney shale play in western Canada, and service companies are having a hard time keeping up with demand.
News
April 11, 2017
Packers Plus Energy Services Inc. has announced the ongoing success of cemented hybrid completions in Canada, using TREX Cemented Diffusor Sleeves and Hydraulic Toe Sleeves in combination with other completion methods.
News
November 18, 2016
In some parts of western Canada, small to moderate earthquakes have been induced by oil and gas hydraulic fracturing operations. In Alberta, this type of induced seismicity is mainly concentrated within an area located about 30 km west of the town of Fox Creek.
