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BOEReport.com features: real-time news headlines, well activity map and data, property listings, commodity prices, economic releases, and industry jobs.

Greenfire Resources Announces Future Growth Plans, Including Projects Under Development to Increase Net Facility Product...
11/10/2024

Greenfire Resources Announces Future Growth Plans, Including Projects Under Development to Increase Net Facility Production Capacity by 74%, Representing Significant Potential Value for Shareholders

CALGARY, ALBERTA – October 7, 2024 – Greenfire Resources Ltd. (NYSE and TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce the Company....

Co-processing of Renewables in Hydroprocessing Units - Revamp Considerations
17/09/2024

Co-processing of Renewables in Hydroprocessing Units - Revamp Considerations

Co-processing renewables is a very attractive and cost-effective way of reducing the carbon intensity of liquid products from refineries. The cost of revamping existing units in terms of $/BPD for co-processing is substantially lower than installing new facilities that process only renewable feeds.....

Fuelled announces expanded energy platform and the launch of a new tool, Fuelled+, to allow equipment sellers to own the...
15/08/2024

Fuelled announces expanded energy platform and the launch of a new tool, Fuelled+, to allow equipment sellers to own the sales process and avoid commissions

CALGARY, Alberta - Fuelled, the Amazon of surplus equipment, is pleased to announce the launch of Fuelled+. Fuelled+ is another example of how Fuelled constantly invests in new technology to help clients buy, sell, and manage their energy equipment. These tools have never been more critical given th...

Harvest Operations Corp. 2024 Asset Disposition Offering
30/07/2024

Harvest Operations Corp. 2024 Asset Disposition Offering

Harvest Operations Corp. (“Harvest” or the “Company”) is soliciting proposals for an asset transaction that includes the four main operational areas, BC, RMH East, RMH West and East AB (the “Offering”). BC area has 2 hierarchy groups which are Hay and NE BC. RMH East area has 9 hierarchy...

TOP WELL REPORT – May volumes – Newly created Duvernay Energy Corp. has a top well; Veren sweeps top 4 oil wells; Surpri...
03/07/2024

TOP WELL REPORT – May volumes – Newly created Duvernay Energy Corp. has a top well; Veren sweeps top 4 oil wells; Surprises on the natural gas side as a 36 mmcf/d well comes from a company NOT named Ovintiv.

Most production data is out for May. BC and Saskatchewan data has been reported in full, while Alberta has reported oil, condensate, and gas; full Alberta NGL data (including pentane) and marketable gas is due out in a couple weeks. While the May data won't be considered complete until the rest of t...

TOP WELL REPORT – May volumes – Newly created Duvernay Energy Corp. has a top well; Veren sweeps top 4 oil wells; Surpri...
03/07/2024

TOP WELL REPORT – May volumes – Newly created Duvernay Energy Corp. has a top well; Veren sweeps top 4 oil wells; Surprises on the natural gas side as a 36 mmcf/d well comes from a company NOT named Ovintiv

Most production data is out for May. BC and Saskatchewan data has been reported in full, while Alberta has reported oil, condensate, and gas; full Alberta NGL data (including pentane) and marketable gas is due out in a couple weeks. While the May data won't be considered complete until the rest of t...

Topaz announces strategic infrastructure acquisition in the Alberta Montney and increases 2024 guidance.
02/07/2024

Topaz announces strategic infrastructure acquisition in the Alberta Montney and increases 2024 guidance.

CALGARY, AB, July 2, 2024 /CNW/ - Topaz Energy Corp. (TSX: TPZ) ("Topaz" or the "Company") is pleased to announce the completion of the acquisition of a 50% non-operated working interest in Whitecap Resources Inc.'s ("Whitecap") newly commissioned natural gas and condensate facility, located in the....

Whitecap Resources Inc. announces partial infrastructure dispositions for $520 million, FID on new Lator facility and st...
02/07/2024

Whitecap Resources Inc. announces partial infrastructure dispositions for $520 million, FID on new Lator facility and strategic partnership with Pembina Gas Infrastructure.

CALGARY, AB, July 2, 2024 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce a 50% working interest sale of our Musreau 05-09 facility (the "Musreau Facility") to Topaz Energy Corp ("Topaz") for gross proceeds of $100 million. Whitecap also announces a st...

Repsol explores sale of minority stake in South Texas oil assets, sources say.
28/06/2024

Repsol explores sale of minority stake in South Texas oil assets, sources say.

Spanish oil major Repsol plans to sell a minority interest in its Eagle Ford shale assets in South Texas, in a deal that could value the assets at up to $2 billion, three sources familiar with the talks told Reuters. The sources said Repsol has hired Scotiabank to assist with the process, and aims t...

Duvernay in focus – Updates on Chevron and a look at top Duvernay producers by area – BOE Intel.
27/06/2024

Duvernay in focus – Updates on Chevron and a look at top Duvernay producers by area – BOE Intel.

The Duvernay formation in Canada represents over 200 MBOE/d of production, including more than 87 Mbbl/d of oil and condensate (including pentane). A play that saw strong growth up until the end of 2019, it has mostly flat-lined in terms of overall production since then, although has been showing si...

Shell to build carbon capture and storage projects in Canada.
26/06/2024

Shell to build carbon capture and storage projects in Canada.

CALGARY, AB, June 26, 2024 /PRNewswire/ -- Shell Canada Products, a subsidiary of Shell plc, today announced the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately 650...

Cedar LNG announces positive Final Investment Decision.
25/06/2024

Cedar LNG announces positive Final Investment Decision.

World’s First Indigenous Majority-Owned, Hydro-Powered, Floating LNG Facility Becomes a Reality KITAMAAT VILLAGE, British Columbia--(BUSINESS WIRE)--The Haisla Nation and Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA), partners in Cedar LNG Partners LP ("Cedar LNG"), today announce...

Ukraine attacks Russia’s oil sector, Canada attacks Canada’s… you sure you want us in NATO? - Column
25/06/2024

Ukraine attacks Russia’s oil sector, Canada attacks Canada’s… you sure you want us in NATO? - Column

Ukraine adapts against a vastly bigger opponent and illuminates the trap western governments have created for themselves Recently, Ukraine has been launching massive drone attacks against Russian oil refineries/infrastructure. Seems reasonable, what with the invasion and all. Actually, it is more th...

Advantage announces closing of asset acquisition.
24/06/2024

Advantage announces closing of asset acquisition.

(TSX: AAV) CALGARY, AB, June 24, 2024 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation"), is pleased to announce that it has completed its previously announced acquisition of certain Charlie Lake and Montney assets from a private seller for cash consideration of $445 million (the "Acqu...

Advantage announces exercise in full of debenture over-allotment option in connection with bought deal financing.
20/06/2024

Advantage announces exercise in full of debenture over-allotment option in connection with bought deal financing.

CALGARY, AB, June 20, 2024 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation"), is pleased to announce that the underwriters of its previously announced bought deal financing (the "Offering") pursuant to a prospectus supplement dated June 12, 2024 to Advantage's short form base shelf pr...

Whitecap Resources – April public data production results show increased contribution from the Montney; gross licensed p...
20/06/2024

Whitecap Resources – April public data production results show increased contribution from the Montney; gross licensed production in April up 10% from January levels – BOE Intel.

With April NGL data from Alberta now fully released (and all other provinces having previously reported), the complete public data April production picture is now available on BOE Intel and Petro Ninja. We were going through some of the production charts on BOE Intel, and happened to notice some int...

Fuelled+ Platform Launches July 2nd!
20/06/2024

Fuelled+ Platform Launches July 2nd!

Fuelled has been listening to its clients and adding a better platform for its clients to discover, manage and sell surplus energy equipment. Fuelled+ (previously ARMOUREE) still drives more traffic and leads to your listings, but it now has an easier-to-use self-serve interface that increases user....

May-June Licence Activity Review – Feeling (20)19 Again?
19/06/2024

May-June Licence Activity Review – Feeling (20)19 Again?

Canadian licensing activity fell slightly last month. Between May 13 and June 12, 580 licences were obtained. This represents a modest 6.9% decrease compared to the previous month, which saw companies obtain 623 new licences. This past month’s licences were spread across 81 unique licensees, repre...

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