Oil Drilling
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U.S. judge restores oil drilling lease on land sacred to Canada’s Blackfoot tribesThe 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.WorldSep 9, 2022
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Oilpatch drilling activity to rise in 2022: new PSAC forecastDrilling activity in the Canadian oilpatch will return to pre-pandemic levels in 2022, according to a new industry forecast.EconomyNov 11, 2021
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Precision Drilling Q3 revenue up more than 50% from year ago as drilling ramps upPrecision, 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.MoneyOct 21, 2021
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Shortage of rig workers could slow Canadian oilpatch recovery, industry warnsExperienced 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.EconomyOct 13, 2021
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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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N.L. judge says extension of offshore drilling licence unreasonableEnvironmental groups had argued the decision to extend an exploration drilling licence beyond the term limit was unlawful and lacked proper environmental oversight.EnvironmentJul 7, 2020
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CNRL 2020 budget rises by $250M on oil curtailment ease; putting more rigs to workCanadian 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.MoneyDec 4, 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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Precision Drilling reports Q1 profit, revenue up from year ago as rigs continue moving southPrecision 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.EconomyApr 25, 2019
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