Helium in Saskatchewan, Part 6: Royal Helium finds helium in its first two targeted wells in southeast Saskatchewan
SASKATOON – Royal Helium Ltd. announced on Dec. 8 it had found helium in its first targeted helium well drilled in southeast Saskatchewan, northeast of Ogema. Until now, Royal had been concentrating on its properties east of Climax, Saskatchewan, where it has...
AECOM sells its oil and gas division to Graham
AECOM, which had been the ultimate acquirer of what had once been Carson Energy Services, has sold off its oil and gas division to Graham Construction
NEWS: Politicians raise concerns about carbon pricing benefits given to oilsands companies
EDMONTON — Federal and Alberta Opposition politicians want the province to be more transparent about a government program supporting profitable oilsands and other energy companies that say carbon pricing hurts their competitiveness. "We can only...
Feds expected to release details of carbon capture tax credit soon, says Cenovus
CALGARY — Cenovus Energy Inc. says Ottawa's forthcoming release of details about its proposed tax credit for carbon capture, utilization and storage projects (CCUS) should be followed by "significant government support" so the industry can widely adopt the technology....
NEWS: Enbridge raising quarterly dividend, approves $1.1 billion in new capital projects
CALGARY — Enbridge Inc. raised its quarterly dividend as it announced the approval of $1.1 billion in new capital projects. The pipeline company said Tuesday it will now pay a quarterly dividend of 86 cents per share, up from 83.5 cents. Enbridge...
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The 12 Rigs of Christmas: On the fifth day of Christmas, my missus gave to me, Horizon Drilling Rig 34
Over the years, I’ve photographed many of the drilling rigs working in southeast Saskatchewan. It’s time to renew the 12 Rigs of Christmas! Over the next 12 days, you’ll see rigs of companies still here, and others that have come and gone. Some have changed names and...
NEWS: Exxon Mobil rolls out plan to cut emissions in Permian Basin
ALBUQUERQUE, N.M. (AP) — Exxon Mobil says it has a plan for cutting greenhouse gas emissions from its operations in one of the most prolific oilfields in the United States, saying it hopes to achieve its net-zero goal for operations in the Permian Basin by 2030. The...
Crescent Point’s 2022 capital budget shows growing interest in Alberta’s Kaybob Duvernay, less in Saskatchewan
Crescent Point’s recent acquisition of Shell’s Kaybob Duvernay assets in west central Alberta has resulted in the company shifting a significant amount of its focus, and dollars, in that direction, and away from Saskatchewan.
Brian Crossman: The prediction edition for 2022
The reason we have the comfortable lifestyle we all enjoy can be summed up in one word: energy. Pure and simple. We have the ability to be warm in the winter and cool in the hot days of summer. We can travel great distances in short periods of time with minimal discomfort. But in recent memory, it seems like our way of life is at risk, mostly by ill-informed people with an agenda that is not based on science but, on controlling people. But what is going to happen in the immediate future?
The 12 Rigs of Christmas: On the fourth day of Christmas, my missus gave to me, Betts Drilling Rig 1
Over the years, I’ve photographed many of the drilling rigs working in southeast Saskatchewan. It’s time to renew the 12 Rigs of Christmas! Over the next 12 days, you’ll see rigs of companies still here, and others that have come and gone. Some have changed names and...
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NEWS: Trans Mountain pipeline restarts after three-week shutdown during B.C. storms
The Trans Mountain pipeline has restarted following a three-week precautionary shutdown during a series of storms that battered southern British Columbia, causing extensive flooding and landslides. Trans Mountain Corp. says in a statement the...
The 12 Rigs of Christmas: On the third day of Christmas, my missus gave to me, Red Dog Drilling Rig 3
Red Dog Drilling Rig 3 was shot in July, 2013. It was just a gorgeous day, and a spectacular sunset.
The 12 Rigs of Christmas: On the second day of Christmas, my missus gave to me, Vortex Drilling Rig 1
Over the next 12 days, you’ll see rigs of companies still here, and others that have come and gone. Some have changed names and colours. People have come and gone. But you know what? Our industry is still keeping our trucks fueled and our people warm. This is Vortex Drilling Rig 1, shot in June 2011, on its first hole.
The 12 Rigs of Christmas: On the first day of Christmas, my missus gave to me Stampede Drilling Rig 1
Over the years, I’ve photographed many of the rigs working in southeast Saskatchewan. It’s time to renew the 12 Rigs of Christmas! Over the next 12 days, you’ll see rigs of companies come and gone. Some are still with us. Some have changed names and colours. People have come and gone. But you know what? Our industry is still keeping our trucks fueled and our people warm.
NEWS: Oilpatch keeping the lid on spending amid record-setting output
CALGARY — Canadian oil and gas companies have been hesitant to loosen the purse strings in spite of this fall’s commodity price boom, and the arrival of the new Omicron COVID−19 variant may help to explain why. Benchmark West Texas Intermediate...
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NEWS: OPEC+ sticks to modest boost in oil output despite omicron
NEW YORK (AP) — OPEC and allied oil-producing countries decided Thursday to maintain the amount of oil they pump to the world even as the new omicron variant casts a spikey shadow of uncertainty over the global economic recovery from the coronavirus pandemic....
Baytex budgets $400 to $450 million for capex in 2022
CALGARY – Baytex Energy Corp. plans on spending between $400 and $450 million for capital expenditures in 2022, with a good chunk of that going to its Viking and heavy oil plays in Saskatchewan. The company released its budget at the close of business on Dec. 1....
NEWS: Trans Mountain pipeline restart ‘only a few days away,’ says company
CALGARY — The restart of the Trans Mountain pipeline is "only a few days away," according to the company working to get the critical piece of infrastructure back up and running ever since a precautionary shutdown on Nov. 14 due to flooding and...
NEWS: Alberta rolls out new rules forcing industry to pay for abandoned well cleanup
CALGARY — Alberta's oil and gas regulator has rolled out new rules aimed at addressing the growing problem of inactive and abandoned wells in the province, but critics say the industry should be forced to do even more to clean up after itself. The...
NEWS: Alberta Utilities Commission investigators want probe of ATCO dealings on TMX camps
EDMONTON — Investigators at the Alberta Utilities Commission are asking the regulator to look into what they say is illegal behaviour by one of the province's largest and most prominent homegrown companies. They allege ATCO Electric deliberately...
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- 0022 Grimes winter hiring
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NEWS: Michigan abandons Line 5 challenge to focus instead on 2019 state court lawsuit
“We’ve had enough of this Canadian corporation and the Canadian government itself tying up Michigan’s efforts to protect our Great Lakes from a catastrophic oil spill,” National Wildlife Association regional executive director Mike Shriberg said in a statement.
Cenovus sells Husky gas station fleet to FCL and Parkland
Cenovus sold off $660 million in assets three ways – Montney producing assets, and its fleet of Husky gas stations to FCL and Parkland.
Patchwork Podcast: Ryan Turner, Renown Down Hole Solutions
November’s Patchwork podcast with Tracy Klotz and Kurt Price features Ryan Turner. He grew up in an oilpatch family, worked overseas, and launched a new tool company, Renown Dowh Hole Sollutions Inc., just before the oil downturn hit in 2014, but survived and has since grown.
Patchwork Podcast now on Pipeline Online
Pipeline Online is excited to announce that Patchwork, a monthly podcast hosted by New Lloydminster Nissan, will be posted here regularly.
NEWS: Rosier financial picture expected as Alberta delivers second-quarter budget update
EDMONTON — Alberta's finance minister is expected to deliver some good news on the province's budget today when he releases the second-quarter update. Travis Toews says the economic outlook is improving across the board and not just in Alberta's...