Tag: completion

Sturgeon Refinery economics make sense for Canada, phase 1 completion nears

Sturgeon Refinery economics make sense for Canada, phase 1 completion nears

Sturgeon Refinery expected to add $2.3 billion of value-added impacts across Canadian economy every year Phase One of the Sturgeon Refinery which will process bitumen and produce primarily diesel fuel in Alberta is nearing completion. The project shows that additional economic value can be generated within the province, according to a Conference Board of Canada report, […]

By December 6, 2016 1 Comments Read More →
Texas drilling permits, completions statistics for October 2016

Texas drilling permits, completions statistics for October 2016

Texas rig count as of Nov. 4 was 262, representing about 46% of active rigs in US AUSTIN –– The Railroad Commission of Texas issued a total of 855 original drilling permits in Oct. 2016 compared to 822 in Oct. 2015. The Oct. total included 679 permits to drill new oil or gas wells, 10 […]

By November 9, 2016 0 Comments Read More →
Texas drilling permits, completions statistics Sept. 2016

Texas drilling permits, completions statistics Sept. 2016

In Sept. 2016, Commission staff processed 430 oil, 155 gas, 38 injection and seven other completions AUSTIN –– The Railroad Commission of Texas issued a total of 746 original drilling permits in Sept. 2016 compared to 906 in Sept. 2015. The Sept. total included 610 permits to drill new oil or gas wells, seven to […]

By October 11, 2016 0 Comments Read More →
Texas drilling permits and completions statistics for May 2016

Texas drilling permits and completions statistics for May 2016

The Texas rig count as of June 3 was 176, representing about 43% active rigs in the US AUSTIN –– The Railroad Commission of Texas (Commission) issued a total of 606 original drilling permits in May 2016 compared to 916 in May 2015. The May total included 488 permits to drill new oil or gas wells, […]

NOV acquires completion tools business of Trican Well Service

NOV acquires completion tools business of Trican Well Service

NOV says acquisition gives it new technologies, best-in-class manufacturing, sales into new markets National Oilwell Varco, Inc. says plans to acquire Trican Well Service Ltd.’s completion tools business, which designs and sells downhole tools for multi-stage fracturing and completions in North America and select international markets, for $53.5 millionCDN. “The transaction with NOV will strengthen our balance sheet and will […]