Drilling Activity In 2026 Should Increase, Resembling 2024: CAOEC
Western Canadian drilling activity is expected to climb next year, helped by steadier oil prices and higher LNG exports, says an industry association.
Western Canadian drilling activity is expected to climb next year, helped by steadier oil prices and higher LNG exports, says an industry association.
The active rate climbed several points from the beginning of November to the end of the month, according to Rig Locator.
In mid-2024, DOB Energy published my five-part Canadian energy storage series.
Canada’s first industry-accessible carbon fibre research facility using Alberta bitumen aims to position the province as a leader in the space, potentially tripling the value of a barrel of bitumen.
Alberta Premier Danielle Smith’s often repeated claim the province could double oil production with more egress isn’t just a pipe dream, BMO Capital Markets analyst Randy Ollenberger said at Enserva’s recent State of the Industry event last week.
The removal of the proposed oil and gas emissions cap in last week’s MOU between the federal and Alberta governments is a major step in restarting oil sector growth, Gibson Energy Ltd. president and chief executive officer Curtis Philippon said at its investor day Tuesday.
Gibson Energy Inc. has renewed a 20-year take-or-pay refined products services agreement with a senior integrated oilsands customer at its Edmonton Terminal and has extended a terminal storage take-or-pay agreement by an additional 10 years with a senior integrated oilsands customer.
Trican Well Service Ltd. outlined a 2026 capital budget of $122 million.
Strathcona Resources Ltd. closed the acquisition of the Vawn thermal project and certain undeveloped thermal lands.
AltaGas Ltd.’s 2026 capital program is set at $1.6 billion, excluding asset retirement obligations (ARO).
Careers in Energy’s 2025 Workforce Pulse Survey, carried out in the summer, found workload or project uncertainty was the No. 1 workforce-related challenge, with over 40 per cent of companies surveyed stating this pressure as their top concern.
Halliburton Company appointed Timothy A. Leach to its board of directors.
Deep Sky and DACMA, a Hamburg-based global direct air capture (DAC) company, have entered into a long-term joint development agreement that will form the basis for the deployment of DACMA's high-quality and high-integrity carbon removal technology in Canada.