Tag: 2017

2017 Global Petroleum features over 20,000 companies from 110 countries

2017 Global Petroleum features over 20,000 companies from 110 countries

Alberta Premier Notley set to attend Global Petroleum Show Global Petroleum Show (GPS) will welcome upwards of 50,000 registered attendees to Calgary’s Stampede Park from Tuesday, June 13 to Thursday, June 15, 2017 for one of the world’s largest energy events, according to a press release. The annual show will focus on the 2017 theme […]

Calgary and Edmonton on the road to economic recovery – Conference Board

Calgary and Edmonton on the road to economic recovery – Conference Board

Unless oil price rises above $50/b, high paying oil and gas jobs may not return until 2018 or later Gradually rising oil prices will help pull the economies of Calgary and Edmonton out of recession this year, according to The Conference Board of Canada’s Metropolitan Outlook: Spring 2017. Calgary’s economy is expected to grow for […]

Texas oil and gas production statistics for March 2017

Texas oil and gas production statistics for March 2017

Texas production in March 2017 came from 177,719 oil wells and 90,804 gas wells Production for March 2017 as reported to the Railroad Commission of Texas is 77,262,815 barrels of crude oil and 608,006,175 mcf (thousand cubic feet) of total gas from oil and gas wells, according to a press release. These preliminary figures are […]

Report shows Marcellus production skyrocketing despite fewer wells

Report shows Marcellus production skyrocketing despite fewer wells

Pennsylvania production was roughly 378.9% less natural gas than 2016 By Nicole Jacobs, EnergyInDepth The Pennsylvania Department of Environmental Protection (DEP) released its annual oil and gas report this week, and it is chock full of great news for the Commonwealth. Not only is production skyrocketing despite a decrease in new shale well permits, the […]

PSAC boosts 2017 drilling forecast 60%, service rates rise more slowly

PSAC boosts 2017 drilling forecast 60%, service rates rise more slowly

3,320 wells to be drilled in Alberta, up from 1,900 wells in the original PSAC forecast The Petroleum Services Association of Canada (PSAC) announced a revision of the forecasted number of wells drilled across Canada for 2017 to 6,680 wells, according to a press release. That’s an increase of 2,505 wells and a 60 per cent […]

Texas drilling permits, completions statistics for March 2017

Texas drilling permits, completions statistics for March 2017

Texas rig count as of April 7 was 418, representing 50% of active rigs in US AUSTIN – The Railroad Commission of Texas issued a total of 1,310 original drilling permits in March 2017 compared to 511 in March 2016. The March total included 1,144 permits to drill new oil or gas wells, 11 to re-enter […]

Tesla, Mexican solar are hotspots in tepid Q1 for clean energy investment

Tesla, Mexican solar are hotspots in tepid Q1 for clean energy investment

Global clean energy investment in Q1 2017 was down 17% compared to Q1 2016 Clean energy investment worldwide totalled $53.6 billion worldwide in the first quarter of this year, down 17 per cent from Q1 2016 but only 7 per cent lower than the final quarter of last year, according to the latest figures from Bloomberg New Energy […]

Texas oil and gas production statistics for January 2017

Texas oil and gas production statistics for January 2017

Texas production in Jan. 2017 came from 166,839 oil wells and 91,847 gas wells Production for Jan. 2017 as reported to the Railroad Commission of Texas is 75,331,644 barrels of crude oil and 608,396,818 mcf (thousand cubic feet) of total gas from oil and gas wells, according to a press release. These preliminary figures are […]

Oil Sands Innovation Summit 2017 showcases new tech, environmental performance

Oil Sands Innovation Summit 2017 showcases new tech, environmental performance

Topics include carbon dioxide capture/storage, water treatment, sustainable land reclamation, novel tailings technologies Alberta Innovates, Canada’s Oil Sands Innovation Alliance (COSIA) and Natural Resources Canada have partnered to host the Oil Sands Innovation Summit 2017, on March 21 and 22, in Calgary, according to a press release. The two-day Summit spotlights the environmental and performance […]

Texas drilling permits, completions statistics for February 2017

Texas drilling permits, completions statistics for February 2017

Rig count as of March 10 was 392, representing 51% of all active rigs in US The Railroad Commission of Texas issued a total of 991 original drilling permits in Feb. compared to 573 in Feb. 2016. The Feb. total included 847 permits to drill new oil or gas wells, 11 to re-enter plugged well bores […]