Oil Drilling

• U.S. judge restores oil drilling lease on land sacred to Canada’s Blackfoot tribes

  The Badger-Two-Medicine is adjacent to Glacier National Park and is the site of the creation story of the Blackfoot tribes of southern Canada and Montana's Blackfeet Nation.

  World

  Sep 9, 2022
  
• Oilpatch drilling activity to rise in 2022: new PSAC forecast

  Drilling activity in the Canadian oilpatch will return to pre-pandemic levels in 2022, according to a new industry forecast.

  Economy

  Nov 10, 2021
  
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• Precision Drilling Q3 revenue up more than 50% from year ago as drilling ramps up

  Precision, which is the nation's largest drilling rig contractor, says on average it had 51 active drilling rigs in Canada in the quarter, up from 18 in the same quarter last year.

  Money

  Oct 21, 2021
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• Shortage of rig workers could slow Canadian oilpatch recovery, industry warns

  Experienced energy workers who left due to the pandemic or an oil price crash-related layoff aren't necessarily going to be enticed back by a paycheque, said an industry insider.

  Economy

  Oct 13, 2021
• 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
• N.L. judge says extension of offshore drilling licence unreasonable

  Environmental groups had argued the decision to extend an exploration drilling licence beyond the term limit was unlawful and lacked proper environmental oversight.

  Environment

  Jul 7, 2020
• CNRL 2020 budget rises by $250M on oil curtailment ease; putting more rigs to work

  Canadian Natural Resources says its 2020 capital budget will be $250 million higher than last year as it adds about 60 drilling locations across Alberta and puts three additional rigs to work.

  Money

  Dec 4, 2019
• 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
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• Precision Drilling reports Q1 profit, revenue up from year ago as rigs continue moving south

  Precision Drilling says it made a profit in its latest quarter, as Canadian oil companies with operations in the U.S. are earning more money south of the border.

  Economy

  Apr 25, 2019