Shales ///

Petrolia Energy acquires interest in oil and gas properties in Southwest Canada

Petrolia Energy Corporation is pleased to announce that it has acquired a 25% working interest in the Luseland, Hearts Hill, and Cuthbert fields, located in Southwest Saskatchewan and Eastern Alberta, Canada.

Canadian Shales: More wells in ‘18, but full recovery remains elusive

Jim Redden, Contributing Editor

The winter drilling season in the diverse shale plays scattered throughout the western Canada sedimentary basin (WCSB), is shaping up to be the busiest in three years.

Canadian oil collapses amid pipeline and rail bottleneck

Heavy Canadian crude fell to the lowest in almost four years against benchmark prices Tuesday as bottlenecks on pipelines and rail networks crimped exports.

Chevron not giving up on Canada, plans shale push

Chevron Corp. is planning a significant drilling program in the Duvernay shale formation, marking a vote of confidence in Canada’s energy industry in a year when it joined other majors in selling assets there.

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

Matthew Miller, Packers Plus Energy Services

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

Travis Harris, Packers Plus Energy Services

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.

STEP reduces offset well hits by deploying far-field diverter technology

Recognizing that fracturing operations often influence the production of parent wells, STEP Energy Services (STEP) recently collaborated with a Montney producer to reduce offset well communication by using its far-field diverter technology, STEP-PLEX.

Industry-backed study details how fracing can induce tremors

In some parts of western Canada, small to moderate earthquakes have been induced by oil and gas hydraulic fracturing operations. In Alberta, this type of induced seismicity is mainly concentrated within an area located about 30 km west of the town of Fox Creek.

Shell divests shale acreage in Western Canada for $1 billion

Royal Dutch Shell, through its affiliate Shell Canada Energy, has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp. for a total consideration of approximately $1,037 million.

Packers Plus increases stimulation efficiency and reservoir coverage in the Montney formation

Packers Plus Energy Services developed a unique completion design that helped to significantly increase stage counts and pump rates to stimulate more pay zone over previous wells for an operator in British Columbia's Montney formation.

Canada’s E&P industry faces uphill struggle

Robert Curran, Contributing Editor

Rocked by the worst oil-price collapse in recent memory, Canadian operators are struggling to adapt to the new normal. The industry faces continued market access challenges, with much-needed pipelines bogged down by opposition.

Painted Pony swaps Montney acreage, wells with industry partner

Painted Pony Petroleum has entered into an asset exchange agreement, which includes Montney acreage, wells and non-operated facility interests, with a large industry partner on jointly held acreage in the Daiber, Cameron and Blair areas of Painted Pony's northeast British Columbia Montney asset.