Canada

Rubicon Strengthens Downhole Completions Portfolio With Acquisition

Rubicon Oilfield International, backed by Warburg Pincus, acquired the assets, people and operating business of Calgary, Alberta-based World Oil Tools for an undisclosed amount.

Jun 22 2017 - 10:55am

Encana Increases Permian Type Curves, Premium Return Inventory

Encana's cube development and advanced completions have led to a 20% increase in the company's Permian type curves and 700 new premium return locations.

Jun 21 2017 - 2:55pm

Cenovus To Replace CEO Brian Ferguson; Plans Asset Sales

Cenovus will replace CEO Brian Ferguson, who championed an unpopular purchase of western Canadian oil sands assets from ConocoPhillips, though it failed to name a successor.

Jun 20 2017 - 10:55am

Schlumberger Forms JV To Develop Production Optimization System

Schlumberger formed a JV with HEAL Systems, formerly Production Plus Energy Services, to develop the company's production optimization technology and business in the U.S. and Canada.

Jun 20 2017 - 8:05am

Canada's Bellatrix To Sell Noncore Assets For Reinvestment Into Spirit River Play

Bellatrix Exploration is selling noncore assets to infuse capital into its Spirit River natural gas play in Western Canada's Deep Basin, the Calgary, Alberta-based company said.

Jun 15 2017 - 8:55am

Crew Energy Suspends Production At Montney Facility

Crew Energy said it would temporarily suspend production at its Montney facility after Alliance Pipeline Ltd. Partnership detected slope movement near a pipeline close to the Wapiti River.

Jun 13 2017 - 3:05pm

Survey: Canada Climate Change Policy Gives Oil Sales An Edge Globally

CAPP survey shows that global customers favor Canada oil because of country’s climate change policies.

Jun 14 2017 - 5:49am

Centrica To Sale Stake In Canadian E&P JV

Centrica said June 9 it would sell its 60% stake in its Canadian oil and gas E&P joint venture to a consortium for about 240 million pounds (US$305 million).

Jun 9 2017 - 2:35pm

Caerus Picks Up Encana’s Piceance Assets In $735 Million Deal

The deal marks Encana’s exit from the northwestern Colorado basin where the company held roughly 550,000 net acres and 3,100 operated wells.

Jun 9 2017 - 9:25am

USD Partners Acquires Oklahoma Terminal To Support Oil Sands Production

USD Partners said June 5 it acquired a crude oil terminal in Oklahoma to support growing oil sands production in Western Canada.

Jun 5 2017 - 8:45am

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