WorldOil Oil sands seen helping shale counter OPEC efforts to rebalance market OPEC producers are finding that shale oil drillers aren’t their only adversaries in their battle to drain a three-year crude glut. Increasing the odds of successful refracturing Combining an in-depth field analysis with mechanical isolation and a targeted stimulation treatment will greatly enhance the success of a refracturing program. Multiple completion technologies yield the best of all worlds Multiple completion technologies can be combined in one well for a hybrid solution to improve stimulation in extended reach laterals. Canadian recovery made difficult, as oil patch strains for hands After years of being a magnet for job seekers, Canada’s oil patch is turning into a bit of a no-go place -- and that’s making a recovery harder. PSAC raises Canadian drilling forecast by more than 2,500 wells for 2017 The Petroleum Services Association of Canada (PSAC), in its second update to the 2017 Canadian Drilling Activity Forecast, announced its revision of the forecasted number of wells drilled (rig released) across Canada for 2017 to 6,680 wells. Encana reports plans to maximize value of condensate-rich Montney asset Encana continues to successfully advance its five-year plan, which it expects will deliver industry-leading cash flow growth and returns. The company's Montney asset plays an integral part in this plan and will contribute significant high-value condensate, non-GAAP cash flow and margin growth Packers Plus optimizes completions for Montney operator with hybrid cemented technology Packers Plus Energy Services Inc. has announced the ongoing success of cemented hybrid completions in Canada, using TREX Cemented Diffusor Sleeves and Hydraulic Toe Sleeves in combination with other completion methods. Fracing provider STEP seeks $152 million in Canadian IPO STEP Energy Services Ltd., a fracing services provider, plans to raise about C$200 million ($152 million) in the biggest initial public offering (IPO) in the Canadian oil and gas industry in more than two years. Global Tubing opens new service center near Montney shale basin Global Tubing, LLC, the industry leader in coiled tubing products and services, announces the opening of a new service center in Grand Prairie, Alberta, Canada. Canadian drillers brave deep freeze as oil patch revives growth In the snowy prairies of Western Canada, not even temperatures below -40 degrees have stopped Stampede Drilling Ltd.’s 60 recently rehired workers from manning the oil-service provider’s rigs after a nine-month dry spell for the business.