Canadian Association Of Oilwell Drilling Contractors
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Canadian oil drilling contractor association changes name to reflect energy transitionA 72-year-old bastion of the Canadian oilpatch is changing its name to Canadian Association of Energy Contractors to reflect its members' roles in all forms of energy generation.CanadaMay 27, 2021
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Drilling forecast calls for 14% rebound in 2021 from depths of 2020 activityThe organization that represents Canadian drilling contractors is forecasting a 14 per cent increase in the number of oil and gas wells to be drilled in Canada in 2021 compared with the historic lows this year.CanadaNov 18, 2020
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Alberta government stands by comments on COVID-19 pandemic being ‘great time’ to build pipelines"People are not going to have tolerance and patience for protests that get in the way of people working," Energy Minister Sonya Savage said.PoliticsMay 26, 2020
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Oil and gas industry CEOs pen open letter to Ottawa asking for financial helpSeveral CEOs of companies involved in Canada's oil and gas industry made a plea for financial help from the federal government on Monday through a letter published in the Financial Post.EconomyApr 6, 2020
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Calgary-based Calfrac reports fourth quarter loss on lower revenueOne of Canada's largest oil and gas well completion companies is reporting a loss in the fourth quarter of 2019 as demand for its services remains at a low ebb.CanadaJan 28, 2020
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Alberta drilling rights auctions fall to record lowA key indicator of future oil and gas drilling activity in Alberta has fallen to a record low as pipeline capacity constraints continue to restrain oilpatch spending.CanadaDec 19, 2019
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Energy exodus: oil and gas workers look for more opportunity in TexasThe oil and gas sector is struggling to get its 'Alberta Advantage' back and that has many looking elsewhere for opportunity. Some are finding it, in Texas.CanadaDec 2, 2019
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‘No excitement at all’ as auctions for oilpatch drilling rights on track for record lowAlberta produces about 80 per cent of Canada's oil and about 70 per cent of its natural gas.EconomyNov 24, 2019
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Kenney vows to fight for Alberta oil sector as drillers forecast almost no growth in 2020The CAODC predicts just nine more wells will be drilled in Canada in 2020 compared to 2019, and fewer drilling rigs are expected to be in service.CanadaNov 13, 2019
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Alberta allows producers to drill new conventional oil wells without production limitsJust in time for the winter drilling season, the Alberta government is hoping to boost the economy by allowing new oil wells to be drilled.EconomyNov 8, 2019
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