Sweep, shoot, swing, swing again: Estevan Oilfield Technical Society has four events lined up in coming months
The Estevan OTS has a bonspiel coming up in less than two weeks, a trap shoot and two golf tournaments
As Biden weighs Willow, he blocks other Alaska oil drilling
As President Joe Biden prepares a final decision on the huge Willow oil project in Alaska, his administration announced he will prevent or limit oil drilling in 16 million acres in Alaska and the Arctic Ocean.
Plans announced Sunday night will bar drilling in nearly 3 million acres of the Beaufort Sea — closing it off from oil exploration — and limit drilling in more than 13 million acres in a vast swath of land known as the National Petroleum Reserve – Alaska.
What do you get when you divide 41 by 10,000? The fraction of Alberta’s wind power generation capacity put out on Saturday, March 11
The province’s two remaining coal units were putting out 100.5 per cent of their capacity, putting out 824 megawatts with a remaining installed based of 820. That means those two units were putting out 54.9 times the output of the entire fleet of 36 wind farms in Alberta, with hundreds of turbines between them.
Weekend Watch: Why do People Think Oil Comes From Dinosaurs
The YouTube Chanel Today I Found Out posted an interesting video last week regarding how oil is created. It’s a pretty decent explanation without going too nerdy.
Environmental groups celebrate as ExxonMobil gives up oil exploration permits in B.C.
Environmental groups are celebrating after ExxonMobil relinquished offshore oil and gas exploration permits in British Columbia dating back more than 50 years.
Lawyer Ian Miron with Ecojustice Canada says the company has been dropped from a Federal Court lawsuit filed by the David Suzuki Foundation and World Wildlife Fund Canada last year challenging the Canadian government’s continual renewal of the permits.
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Trans Mountain pipeline construction costs balloon again, this time to $30.9B
The estimated cost of the Trans Mountain pipeline expansion project has increased once again, this time to $30.9 billion.
The new price tag is a 44 per cent increase from the $21.4 billion cost projection placed on the pipeline expansion project a year ago, and more than double an earlier estimate of $12.6 billion.
Federal environment minister says Alberta silence over oilsands spill ‘worrisome’
Alberta’s nine-month silence over two releases of toxic oilsands tailings water is “worrisome,” said federal Environment Minister Steven Guilbeault.
“It is very worrisome that for over half a year, the Alberta regulator did not communicate with (Environment Canada), nor did they communicate with the Indigenous nations,” Guilbeault said Thursday in Ottawa.
Vermilion sells 5,500 boepd in southeast Saskatchewan around Arcola and Queensdale in $225 million deal
Vermilion Energy Inc. announced the sale of approximately 5,500 boepd of light oil production in southeast Saskatchewan on March 8.
That’s roughly half of its production in Saskatchewan. For 2022, Vermillion averaged 11,777 barrels of oil per day.
Lithium in SK, Part 14: Prairie Lithium gets federal money, acquisition deal to close soon
EMERALD PARK, Prairie Lithium Corporation announced on March 7 that it is a recipient of funding from the Critical Mineral Research Development and Demonstration (CMRDD) program from Natural Resources Canada (NRCan) valued at $1,074,000 CAD for direct lithium...
A global mystery: What’s known about Nord Stream explosions
It’s a major international mystery with global consequences: Who was behind the explosions that damaged the Nord Stream gas pipelines last year in the Baltic Sea?
The answer has broad implications for European energy security but could also threaten Western unity over backing Ukraine in defending itself from Russia’s invasion. Or, it might shatter Russian and Chinese attempts to fix the blame on a hypocritical West.
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Trudeau announces supports for Ukraine, hydrogen deal with Europe as EU head visits
Prime Minister Justin Trudeau announced more support for Ukraine and a new hydrogen agreement with Europe on Tuesday alongside European Commission President Ursula von der Leyen.
Calgary artist Billie Rae Busby, originally from Yorkton, chosen to decorate entire floor of TC Energy headquarters
A Calgary artist who grew up in Yorkton and attended the University of Saskatchewan has recently completed a commission from pipeline giant TC Energy to provide art for the entire 10th floor of their Calgary headquarters.
That floor was under renovation, and they were looking for colourful art to liven it up. And that’s where Billie Rae Busby, formerly Billie Rae Sparrow, was brought in.
Brian Crossman: Three hundred and sixty-four days. The last year in helping Ukrainian refugees come to Saskatchewan
We have been to the airport in the dead of night, and having total strangers trusting you to take them, and their most precious of cargo, their children, on a two hour ride to Estevan. That alone is a leap of faith. But they are not strangers for long. We have witnessed big smiles, lots of tears, and the incredible resilience of adults and children as they settle in to their new surroundings to not only survive, but thrive.
Brian Zinchuk: How many nuclear reactors, wind turbines, or solar panels would Saskatchewan have needed last week? How about on Feb. 23?
To completely replace existing coal and natural gas power generation with enough wind generation capacity to account for days like Feb. 23, 2023, you would need to build 44,933 wind turbines covering 18.7 per cent of Saskatchewan south of the treeline.
Brian Zinchuk on John Gormley show: drilling activity, spring breakup, CAPEX, and more
On Thursday, March 2, Pipeline Online editor and owner Brian Zinchuk appeared on CJME/CKOM’s John Gormley Show.
Items discussed included oil prices, Russia skirting sanctions, drilling activity, spring breakup, capital expenditures, and more.
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Bay du Nord not liable for end-use emissions, marine shipping, company lawyer says
A Federal Court judge could determine whether oil and gas projects must be assessed for environmental impacts related to the shipping and end-use of their products, on top of those resulting from production.
That is a central question in a legal challenge of the federal government’s authorization of the Bay du Nord offshore floating oil project proposed for an area in the North Atlantic Ocean 500 kilometres northeast of St. John’s, N.L.
Feds release climate taxonomy proposal that includes oilsands-related spending
The federal government has released proposed guidelines on what investments should be considered worthy in the fight against climate change.
Clarity around what’s considered eligible is meant to increase investment in these areas to help close a climate spending gap that in Canada alone is estimated to be upwards of $115 billion a year.
Parkland cancels plans to build stand-alone renewable diesel complex at B.C. refinery
Parkland Corp. says it will not go ahead with its plan to build a stand-alone renewable diesel complex at its refinery in Burnaby, B.C.
Suncor Energy selling North Sea offshore assets in deal valued at $1.2B
Suncor Energy Inc. has signed a deal to sell its offshore assets in the North Sea to Equinor UK Ltd. in an agreement valued at about $1.2 billion.
Top 10 Saskatchewan oil producers for 2022
Total oil production averaged 453,817 barrels per day (bpd). This is well within the range Saskatchewan oil production has fallen in over the last 20 years, fluctuating between 425,000 and 525,000 bpd, with most of the time around the 450,000 bpd mark. As oil production naturally declines continuously, maintaining an essentially flat production number for two decades is notable.
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Saskatchewan Research Council: Going green at Gunnar Mine and mill site
Remediation efforts at the former Gunnar Mine and Mill Site reached a new milestone last spring—with the first stage of revegetation coming to fruition.
Located on the north shore of Lake Athabasca, the long-abandoned uranium mine and mill has undergone a large environmental transformation over the past decade.
Crescent Point announces special dividend, reports Q4 loss
Crescent Point reported a fourth-quarter loss of $498.1 million or 90 cents per share for the quarter ended Dec. 31 compared with a profit of $121.6 million or 21 cents per share in the last three months of 2021.
Brian Zinchuk: Forty billion in oilpatch CAPEX sounds great, until you realize it’s half of what was spent in 2014
Back in the lofty, pre-Justin Trudeau government days of 2014, back when oil was booming, pipelines were planned to east and west coasts, and Alberta and Saskatchewan were swimming in money, around $81 billion was spent in capital expenditures (CAPEX) in the Canadian petroleum industry. In Alberta, alone, the number topped $60 billion. And British Columbia and Saskatchewan got their share, too. Even Manitoba was seeing investment.
On March 1, the Canadian Association of Petroleum Producers (CAPP) forecast CAPEX of $40 billion, which is just about double the disaster year of 2020, but half of 2014. And that’s before #justinflation. What would it be if we had a federal government supportive of the industry, instead of trying to make it disappear?
With about two weeks to go before breakup, there’s 39 drilling rigs in the field in Saskatchewan
With roughly just two weeks to go until spring breakup, there were 39 active drilling rigs working in Saskatchewan on March 1.
That’s according to RiggerTalk.com, which publishes data from the Canadian Association of Energy Contractors.
CAPP projects $40B in capex this year – almost double 2020, but half of 2014
While $40 billion is an improvement, it’s a far cry from the roughly $80 billion spent in the boom year of 2014. Asked about that, Elizabeth Besson, manager, media and issues for CAPP, Besson told Pipeline Online, “Coming off nearly a decade of historically low commodity prices, it is positive to see a third consecutive year of growth and to reach that milestone of surpassing pre-COVID investment, particularly at a time when the Canadian economy is in need of private investment.”