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Homedrilling

drilling

precision drilling
Financial

Precision Drilling announces $75 M senior note redemptions, open market debt repurchases

June 18, 2018 Energi Staff

Precision Drilling says that on Monday, it expects to finalize a partial redemption of US$50 million of is 6.5 per cent senior notes which were to come due in 2021.  Company photo. Precision Drilling also [Read more]

crude oil production
USA

US crude oil production efficiency continues to improve

May 1, 2018 Energi Staff 2

As rig counts recover from decreases during 2015 and 2016, producers have increasingly targeted Permian Basin in West Texas US tight crude oil production increased in 2017, accounting for 54% of total U.S. crude oil [Read more]

Montney
Alberta

Innovation is key performance driver for modern gas wells: Montney Formation one of North America’s biggest gas resources

April 26, 2018 Energi Staff 2

Montney wells drilled in 2016 each expected to produce a total of 7.2 Bcf of gas, 4 times the 2005 value Two things determine how much oil or gas a well will produce: the quality of the [Read more]

Pennsylvania
USA

Pennsylvania’s natural gas production keeps booming

April 23, 2018 Energi Staff 2

Drilling rig count in state increased, averaging 20 rigs in 2016 and 33 in 2017 Pennsylvania’s marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf/d) in 2017, 3% higher than the [Read more]

crescent point
Financial

Crescent Point Energy becomes big player in Alberta’s Duvernay Shale Basin with $112 million land buy

April 6, 2018 Energi Staff 2

Crescent Point Energy now has over 355,000 acres in the Duvernay Shale Basin play Crescent Point Energy Corp. announced that it bought 355,000 net acres in the Alberta East Shale Duvernay light oil resource play, [Read more]

conventional
Canada

Canadian drilling forecast lowered by 4%, BC takes biggest hit

February 1, 2018 Energi Staff 2

PSAC estimates 3,807 wells to be drilled in Alberta, down from 3,998 wells in original forecast The Petroleum Services Association of Canada (PSAC) has revised its forecasted number of wells drilled (rig released) across Canada [Read more]

USA

Fracked horizontal wells account for most new US oil and natural gas wells

January 30, 2018 Energi Staff 2

As of 2016, 670,000 of 977,000 producing wells in the United States were hydraulic fractured and horizontally drilled In 2016, hydraulically fractured horizontal wells accounted for 69 per cent of all oil and natural gas [Read more]

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In the Spotlight

Smith’s panel on Alberta’s energy future is a bad joke

by Markham Hislop in Markham on Energy

“A new advisory panel will develop a long-term vision for Alberta’s energy future and recommend steps the province should take to ensure the industry [emphasis added] continues to thrive for decades to come.” Premier Danielle [Read more]

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Latest News
  • Majority of U.S. households used natural gas in 2020
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  • Utah pipeline protesters could now get at least five years in prison
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  • Waste to energy plants a small, stable source of electricity in the US
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News: editor@energi.media

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