Trican Well Service saw steep decline in demand for pressure pumping services in late 2014 Trican Well Service Ltd. (TSX:TCW) has reversed last year’s fourth-quarter loss to post a net profit of $4.9 or three cents per share for the three months ended Dec. 31. In the year-earlier period, the Calgary-based oilfield services company with operations […]
Trican Well Service: Q4 profit of $4.9M, revenue up to $755.4M Read More »
Thermovault is cost-effective, environmentally responsible method of oil demulsification Efficiently separating water from crude oil – oil demulsification – can be a significant issue for producers. In principal, the operator has three main options: allow enough time for gravity to settle out the free water, add chemical demulsifiers, or apply heat. Usually, a combination of these methods is used.
Oil demulsification and challenges for Texas producers Read More »
If Canadian producers keep investing in new technology, Keystone XL could lower GHG intensity of heavy crudes refined on Gulf Coast President Barack Obama vetoed a Congressional bill supporting the Keystone XL pipeline Tuesday, falling back on his oft-repeated arguments the TransCanada project is bad for the environment. But does his argument stand up to scrutiny? Each side […]
The post Obama arguments against Keystone Xl pipeline are flawed appeared first on Beacon Energy News.
Obama arguments against Keystone Xl pipeline are flawed Read More »
Greg Poelzer argues for Norwegian sovereign wealth fund for Canada, Max Fawcett says model won’t work Should Canada and Alberta have Norwegian sovereign wealth fund style investments? In a new study, Saskatchewan academic Greg Poelzer argues in the affirmative, but energy journalist Max Fawcett tells Beacon Energy News that Alaska is the better model. Poelzer is the author […]
The post Is the Norwegian sovereign wealth fund model right for Alberta? appeared first on Beacon Energy News.
Is Norwegian sovereign wealth fund model right for Alberta? Read More »
Quantum has expanded and now offers its service in the Permian Basin Oil wells – particularly horizontal mutli-fracked wells – often experience abnormal production declines and need to be cleaned out. Quantum Downhole’s patented JetVak vacuum system keeps wells producing longer and at higher rates compared to conventional wellbore clean out systems, says president Steve Winkler. Quantum’s competitive advantage is a
Wellbore clean out with Quantum equals more production Read More »
EnviroVault’s innovation is to place recessed chambers inside oil storage tanks Leaky oil storage tanks are a problem in the Canadian energy industry. EnviroVault of Calgary has a solution that stops spills, saves money, and improves onsite security. The EnviroVault solution is simple: Place a recessed chamber inside the storage tank. Basically, creating a warm sealed
EnviroVault: Innovative oil storage tanks stop leaks Read More »
Environmental group says RCMP are exaggerating threat from anti-petroleum extremists An RCMP report obtained by Greenpeace says Canada’s intelligence groups consider anti-petroleum extremists a threat to critical energy infrastructure, including pipelines. “There is a growing, highly organized, and well-financed anti-Canadian petroleum movement that consists of peaceful activists, militants, violent extremists who are opposed to society’s reliance […]
The post RCMP report warns of danger from anti-petroleum extremists appeared first on Beacon Energy News.
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Imbiber Beads may be just what industry needs for oil spill response in face of environmental opposition A technology to clean up oil spills is slow taking off in Canada, despite ever higher public concern about pipeline oil spill response, but the makers of Imbiber Beads hope that situation is about to change. Imbiber Beads are tiny plastic
Oil spill response gets boost from Imbibitive absorbent technology Read More »
Alberta Geological Survey investigating Fox Creek earthquake Alberta NDP MLA Brian Mason is calling for a “robust, science-based examination” after the 4.4 magnitude Fox Creek earthquake Jan. 22, which may be linked to hydraulic fracturing in the area. That examination is already underway, as Beacon Energy News reported Friday. Mason, the MLA for Edmonton-Highlands-Norwood, issued a press […]
The post Fox Creek earthquake: Someone tell Brian Mason science is already on it appeared first on Beacon Energy News.
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Scientist still gathering data to determine cause of Fox Creek earthquake If you believe Andrew Nikiforuk of The Tyee, Alberta broke a world record on Jan. 22 for the strongest earthquake induced by hydraulic fracturing operations. But the Alberta Geological Survey says scientists haven’t collected the data yet to concluding fracturing was even the cause of the 4.4 […]
The post Debunked: Fox Creek earthquake not confirmed as linked to fracturing appeared first on Beacon Energy News.
Debunked: Fox Creek earthquake not confirmed as linked to fracturing Read More »
