Oilfield

• The small Alberta oil company behind Saskatchewan’s latest and largest-ever case of orphaned wells

  Calgary-based Bow River Energy Ltd., which sought bankruptcy protection in late 2020, has 671 orphaned oil and gas sites in the west-central part of the province.

  Investigations

  Jun 28, 2021
  
• Oilpatch workforce faces more cuts this year before rebound in 2022-23, says PetroLMI

  In its three-year forecast, PetroLMI says direct industry employment is projected to rise to about 176,000 jobs by 2023,

  Canada

  Mar 24, 2021
  
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• Secure Energy shares soar on $478 million friendly Tervita takeover

  Shares in Secure Energy Services were trading higher after it announced an all-stock deal to buy oilfield waste disposal rival Tervita.

  Canada

  Mar 9, 2021
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• N.L. offers owners of Terra Nova oilfield $175 million – but only if oil flows again

  Suncor Energy is the majority stakeholder in the Terra Nova field, where restart operations were halted because of the COVID-19 pandemic and crashing oil prices.

  Environment

  Jan 15, 2021
• Precision Drilling moves to cut costs and capital spending plan in response to COVID-19

  Precision Drilling is reducing staff, cutting salaries and lowering its capital spending plan in response to the COVID-19 pandemic and current market conditions.

  Canada

  Mar 24, 2020
• Ensign Energy Services reports Q4 loss compared with a profit a year ago

  Ensign Energy Services says it lost $71.6 million in its latest quarter compared with a profit of $154.8 million in the same quarter a year earlier.

  Canada

  Mar 9, 2020
• Precision Drilling reports $3.5M third quarter loss

  Precision Drilling says it lost $3.5 million in its latest quarter compared with a loss of $30.6 million in the same quarter last year.

  Oct 24, 2019
• Oilfield worker who died on the job near Stoughton, Sask. identified

  According to a statement released by Crescent Point Energy, an oil worker died on the job at one of their sites near Stoughton, Sask. on Monday.

  Canada

  Aug 20, 2019
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• Slow summer causes drilling forecast to go from bad to worse

  Analysts say they've cut their 2019 rig activity and well counts for this year by between six and eight per cent and in 2020 by five to six per cent.

  Canada

  Jul 23, 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