Canada upstream news

The company has announced that it has entered into a share option agreement with its joint venture partner, Grupo IDESA, S.A de C.V.

Declines in emissions intensity – already down by a fifth over the last 10 years – are expected to continue.

TGS announces expansion of its 2018 onshore seismic survey Dawson Phase II in Canada. 

Canada’s existing oil pipeline and railway capacity is enough to support oil sands current exports but with little extra room for logistic constraints.

Corridor has attributed the decision to a geotechnical analysis which revealed the play may be more gas prone than oil prone, as well as a failure to attract a joint venture partner.

Arundo Analytics, a software company enabling advanced analytics in heavy industry, has announced that it is expanding its presence in Calgary, Canada.

Supports Western Canadian students with hands-on service rig training courses

Expands portfolio to cover more of the energy value chain than any other oil and gas software provider.  

The Oilfield Technology Group (OTG) of Hexion Inc. (Hexion) has announced the completion of its resin coated proppant manufacturing plant expansion in Canada.

Eagle will use the net proceeds from the sale of the Salt Flat Field to reduce outstanding debt under the secured term loan and to further fund its drilling program in North Texas. As at December 31, 2017, Eagle remains in compliance with all covenants under its loan agreement.