|
January 8
|
Western Pipelines and TransCanada Pipelines (TCPL) ready for merger, solution of gas problems closer
|
|
January 9
|
Interprovincal Pipe Line's 645-mile extension is put into operation; the full line is the longest in the world
|
|
March 20
|
Details of a publicly-owned gas gathering system in Alberta are released as the provincial government gives first reading to the Alberta Gas Trunk Pipe Line Company Act
|
|
March 23
|
TCPL amends Alberta gas export application to include request for a 30-inch line and spur to Minneapolis
|
|
March 25
|
Secony-Vacuum Oil Company Inc., parent of Socony-Vacuum Exploration Company, classes the Pembina discovery as probably one of the most significant in North America during all of 1953
|
|
April 3
|
TCPL announces construction will begin by late 1954 of early 1955
|
|
Arpil 10
|
Pembina Pipe Line Company granted permit for an oil transmission line from the Pembina oil region
|
|
June 19
|
Westcoast Transmission's application to serve Pacific Northwest Pipeline corporation with Peace River area gas is rejected by the Federal Commission in Washington, D.C.; the Canadian Board of Transport Commissioners gives approval in principle to an application by TCPL for its pipeline from Alberta through to Eastern Canada
|
|
June 29
|
Pacific-West Buick Creek oil discovery might indicate British Columbia's first major oil field
|
|
September 14
|
TCPL president urges Canada and the United States to sign a joint treaty ensuring the economical exchange of natural resources
|
|
September 22
|
TCPL signs a contract for sale of 100 million cubic feet per day of gas into the Minneapolis-St. Paul region beginning in the 1955 contract year
|
|
October 8
|
Socony-Vacuum, a partner in the Pembina discovery well, estimated its share of the field's reserves at some 50 million barrels
|
|
October 14
|
C-I-L opens $15 million polyethylene plant at Edmonton
|
|
November 5
|
Sundre discovery by Hudson's Bay Oil & Gas flows oil at rates up to 1,824 barrels per day
|
|
December 14
|
Westcoast Transmission Company Limited signs an agreement with American pipeline companies for the sale of Peace River gas
|
|
December 20
|
Alberta Oil and Gas Conservation Board and Alberta government clear up details of the diversion clause in TCPL's permit to satisfy producers concerns
|