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Natural gas is being ignored at producers’ peril because demand is growing faster than production, so eventually “something’s got to give,” says a leading energy economist.
Operating hundreds of kilometres of pipelines and many processing facilities—mostly sour gas—with as many as 1,600-plus people living around them, Keyera Corp. spent years searching for the perfect software system to handle emergency responses.
Near the end of traditional secondary recovery waterflooding, 60–70 per cent of the original oil in place is left in the ground, according to Houston, Texas-based Glori Energy Inc., which represents a significant amount of unrealized revenue.
News
The National Energy Board's export licence approval for a second LNG project near Kitimat, B.C., is a big step for Canada as it looks to diversify its natural gas markets.
B.C. Premier Christy Clark today announced British Columbia's natural gas strategy, with LNG exports being a cornerstone of the plan.
ExxonMobil Upstream Research Company has awarded the first license for its patented steam injection system and production method to Baker Hughes to improve the efficiency of in-situ oil sands
With competition for investment dollars tightening since 2008, new U.S. SEC reporting regulations in 2009 and unconventional plays invigorating the industry, the accuracy and effectiveness of reserves
Editors’ Blogs
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Current Rig Activity
PROVINCE ACTIVE DOWN TOTAL
AB 492 89 581
SK 105 12 117
BC 62 9 71
MB 20 2 22
NT 1 0 1
NB 0 2 2
Canada 680 114 794
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NYMEX Natural Gas
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CAD 89.47 / BBL
Imperial Bow River (25 API)
CAD 83.75 / BBL
Flint Hills/Lloyd Blend
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This Month in Oilpatch History
5,000 quarts of Nitroglycerine far larger than any shot ever before fired in an Oilwell is slated for blasting today in OIL WELL RE FLOW…
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Suncor Energy celebrates the reclamation of the very first tailings pond in Alberta's oilsands while showcasing a new technology that will dramatically accelerate the reclamation of future ponds.
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