Canadian Association Of Oilwell Drilling Contractors

• Canadian oil drilling contractor association changes name to reflect energy transition

  A 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.

  Canada

  May 27, 2021
  
• Drilling forecast calls for 14% rebound in 2021 from depths of 2020 activity

  The 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.

  Canada

  Nov 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.

  Politics

  May 26, 2020
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• Oil and gas industry CEOs pen open letter to Ottawa asking for financial help

  Several 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.

  Economy

  Apr 6, 2020
• Calgary-based Calfrac reports fourth quarter loss on lower revenue

  One 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.

  Canada

  Jan 28, 2020
• Alberta drilling rights auctions fall to record low

  A 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.

  Canada

  Dec 19, 2019
• Energy exodus: oil and gas workers look for more opportunity in Texas

  The 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.

  Canada

  Dec 2, 2019
• ‘No excitement at all’ as auctions for oilpatch drilling rights on track for record low

  Alberta produces about 80 per cent of Canada's oil and about 70 per cent of its natural gas.

  Economy

  Nov 24, 2019
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• Kenney vows to fight for Alberta oil sector as drillers forecast almost no growth in 2020

  The 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.

  Canada

  Nov 13, 2019
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• Alberta allows producers to drill new conventional oil wells without production limits

  Just in time for the winter drilling season, the Alberta government is hoping to boost the economy by allowing new oil wells to be drilled.

  Economy

  Nov 8, 2019