Shales

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.
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.
News
October 21, 2016
Royal Dutch Shell, through its affiliate Shell Canada Energy, has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp. for a total consideration of approximately $1,037 million.
News
September 29, 2016
Packers Plus Energy Services developed a unique completion design that helped to significantly increase stage counts and pump rates to stimulate more pay zone over previous wells for an operator in British Columbia's Montney formation.
News
July 27, 2016
Painted Pony Petroleum has entered into an asset exchange agreement, which includes Montney acreage, wells and non-operated facility interests, with a large industry partner on jointly held acreage in the Daiber, Cameron and Blair areas of Painted Pony's northeast British Columbia Montney asset.
News
July 19, 2016
Packers Plus Energy Services’ StackFRAC Titanium XV HPHT open hole ball drop completion system enabled operators in Alberta's Duvernay formation to achieve cost savings of up to 30% compared to plug-and-perf completion methods.
News
July 06, 2016
Seven Generations Energy Ltd. agreed to buy assets in Alberta’s Montney shale play from Paramount Resources Ltd. as it presses ahead with an expansion during the industry’s worst downturn in decades.
News
May 29, 2016
The Canadian Association of Petroleum Producers (CAPP) has expressed disappointment with the New Brunswick government’s decision to extend the moratorium on hydraulic fracturing.
News
May 11, 2016
Encana Corp. is weighing the sale of some of its shale assets in Western Canada as part of an effort to bolster its balance sheet amid protracted low oil prices, people with knowledge of the matter said.
News
March 16, 2016
The first detailed study estimating the marketable unconventional natural gas resources in the Liard basin has been released by Canada's National Energy Board (NEB), the British Columbia Oil and Gas Commission, the Yukon Geological Survey, the Northwest Territories Geological Survey and the British Columbia Ministry of Natural Gas Development.
News
February 01, 2016
Weir Oil & Gas has partnered with Calgary, Alberta-based Canyon Services Group to take its SPM QEM 3000 frac pump to the field. Weir’s SPM QEM 3000 is the industry’s first high-horsepower frac pump designed for continuous-duty pressure pumping operations at a sustained 275,000-lb rod load, 24 hours per day, seven days per week.
News
November 18, 2015
OPEC took a swing at U.S. shale and knocked down Canada.
News
August 19, 2015
Japan Oil, Gas and Metals National Corporation and INPEX Corporation have started a joint study on technology relating to shale gas development in the Horn River, Liard and Cordova areas in the province of British Columbia, Canada, with INPEX Gas British Columbia and Nexen Energy ULC.
News
July 30, 2015
Black Stallion Oil & Gas, Inc. confirms that it will start to execute a detailed exploration program on the 12,233-acre Woodrow Prospect in Teton county, northwest Montana, within the Alberta Basin Bakken fairway.
News
May 01, 2015
The huge gas resource base in North America offers significant potential for LNG exports, but currently it is the U.S., not Canada, that is building an LNG export industry, according to Wood Mackenzie’s latest analysis.
News
February 26, 2015
Alberta’s energy producers are pivoting toward developing gas reserves rather than oil after crude lost half its value last year.
News
February 20, 2015
Shale producers in Alberta’s Duvernay region are being asked to monitor and prevent earthquakes after regulators linked a series of seismic events over the last two months to hydraulic fracturing.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.