The Bakken formation — straddling Saskatchewan, Manitoba, North Dakota, and Montana – endures as one of the most attractive light oil plays in North America. Recently, the discovery of another, even more prolific oil zone below the Bakken, could prove to be another multi-billion-barrel horizon for both the Canadian and American oil industries. What continues…
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By Melinda Yurkowski Assistant Chief Geologist, Saskatchewan Geological Survey Saskatchewan Ministry of the Economy Guest Columnist Saskatchewan is Canada’s second-largest oil producer with about 13% of Canadian crude oil production. A rare opportunity currently exists in Saskatchewan as a result of lower oil prices and correspondingly lowered petroleum and natural gas land sale prices. Saskatchewan…
By Heather Douglas The chickens have finally come home to roost. This notion of bad deeds, specifically curses, returning to haunt their instigator, is a long established literary tradition of the English language, and was first noted in 1390 by Geoffrey Chaucer in The Parson’s Tale. The Alberta Energy Regulator (AER) has finally put teeth…
With the oil industry becoming more politicized every day, engaging with governments and the public to promote the importance and legitimacy of Canada’s massive oilfield service industry has never been more important. Pipelines. Carbon taxes. Renewables. Climate change. Some say the world would be a better place when there is no oil industry at all….
EIA Projects U.S. as Net Energy Exporter The U.S. Energy Information Agency (EIA) recently released its Annual Energy Outlook 2017 and envisages the country will become a net energy exporter this year. “The EIA’s projections show how advances in technology are driving oil and natural gas production, renewables penetration, and demand-side efficiencies, and reshaping the…
