Tag: Mark Salkeld
Time for oilfield services assoc. to choose progressive CEO as Salkeld retires
Salkeld provided effective leadership as Canadian industry begins grappling with technology-driven changes to its business model Mark Salkeld is preparing to leave his job in mid-March as head of the Petroleum Services Association of Canada. Who will the PSAC board choose as his successor? Will it be a conservative with instructions to push back hard against […]
Alberta oil and gas juniors evolving as markets, technologies change
Juniors will be be larger, better capitalized, only working in very best production areas – Gary Leach, EPAC CEO Like everyone else in the global oil patch, Canadian oil and gas juniors have had a rough time of it. The oil price rout engineered by the Saudis and OPEC that began in late 2014 left […]
My New Year’s wish for Canadian oil/gas: Time to ditch outdated politics
CAPP understands link between climate policies and pipelines. Other energy associations not so enlightened My New Year’s wish for the Canadian oil and gas industry is a spanky new political worldview that embraces the energy transition, and an effective communications program that finally – finally! – engages with the Canadian public. One of the enduring […]
Alberta’s revised oil and gas royalty system ready for New Year
“It is clear this government listened to all stakeholders when designing the MRF…” – Mark Salkeld, PSAC After igniting political controversy by reviewing the Alberta oil and gas royalty system shortly after being elected in 2015, the NDP government of Rachel Notley says the Modernized Royalty Framework is ready for implementation. The Royalty Review Advisory […]
Canadian drilling activity flat in 2017, services not recovering for another year – PSAC
Oil producers are using higher revenue to repair balance sheets, service company margins won’t improve until Q4 2017 Canadian oil and gas drilling activity will be flat in 2017, up only marginally from the 3,950 wells drilled this year, according to the Petroleum Services Association of Canada (PSAC). PSAC released its 2017 Canadian Drilling Activity Forecast […]
Equalization payments for pipelines? PSAC’s plan is flawed in so many ways
Equalization payments for pipelines is unconstitutional, poor way to stimulate Canadian debate Mark Salkeld is basking in oil and gas industry approval for his recent media comments about linking Eastern Canada equalization payments and pipelines approvals. He shouldn’t be. The strategy is wrong-headed and ultimately harmful to industry’s own interests. Salkeld is the CEO of […]
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