Cold Bore’s SmartPAD completions system is first to deliver real-time, sensor-driven tracking of operations data with analytics, President Brett Chell says.
Keystone line has experienced four releases, much more than TC Energy estimated.
Despite a severe discount, Pengrowth CEO Pete Sametz said the transaction is the best available alternative for the Calgary, Alberta-based oil and gas producer.
Encana is set to become U.S.-based Ovintiv Inc. as the company continues the strategic transformation it undertook more than five years ago.
Canadian Prime Minister Justin Trudeau on Oct. 22 faced the cold reality of a minority government that will likely be forced to tilt left to survive, a move that risks upsetting the business community and stoking alienation in oil-producing provinces.
The government of Alberta, Canada's main oil-producing province, on Oct. 9 took the first steps towards establishing its so-called 'energy war room' aimed at boosting the image of the oil and gas industry.
Shipments of Canadian crude from the U.S. Gulf Coast since May have more than doubled all of 2018's exports as Asian refiners scramble for heavy sour oil, according to vessel-tracking data, traders and industry sources.
A Canadian court on Sept. 24 temporarily blocked legislation enabling the province of Alberta to restrict oil and gas flows to British Columbia, saying the constitutionality of the measure would be decided at a later trial.