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Canadian Scout

Serving the Canadian E&P market with news, analysis and business opportunities.

Canadian Scout
The Canadian Scout (blue banner report) covers news and analysis on the Canadian exploration and production (E&P) sector including new well discoveries, drilling activities, acreage sales, industry statistics (drilling results, activity permits & intents to drill) and technological updates. Besides composite E&P news, the Canadian Scout also carries market insight, analyst comments and respected featured interviews with leading E&P executives.

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News Date
Oil-by-rail rates to rise as shippers seek stability
Barclays Capital analyst Paul Cheng said in a report to investors he expects the all-in rail cost for shipping oil from Western Canada to the Gulf Coast to settle around US$20 per barrel, much higher...
Apr 10, 2018
US seeks balance on trade with Canada and Mexico
The Trump administration is working to find the right balance in its trade with Canada and Mexico, according to US Energy Secretary Rick Perry, as the government considers tariffs on imports of steel...
Apr 10, 2018
7G’s new completions drive gains in condensate output
Solidifying its position as Canada’s largest condensate producer, Seven Generations Energy is seeing high-intensity completions improve condensate production in its Nest 1 operating area. Initial...
Apr 10, 2018
Advantage to expand wet-gas drilling near Glacier
Advantage Oil & Gas is evaluating plans for drilling and the construction of gathering and processing infrastructure in the Valhalla, Wembley and Progress areas after seeing liquids-rich drilling...
Apr 10, 2018
AOC & Murphy to run 2-3 rigs in Duvernay this year
Athabasca Oil Corp. and partner Murphy Oil plan to run two to three rigs in their Greater Kaybob Duvernay play this year, with development at Kaybob West and continued delineation drilling at Saxon,...
Apr 10, 2018
Baytex sees WTI prices offsetting WCS differentials
Cross-border operator Baytex Energy is moving ahead with its Q1 drilling and development program as planned, with improved WTI pricing partially offsetting widening WCS differentials. The company is...
Apr 10, 2018
Bellatrix chips away at Spirit River well costs
Bellatrix Exploration continues to lower well costs at its operated Spirit River drilling program, with all-in drill, complete, equip and tie-in costs in 2017 averaging $3.8 million per well, below...
Apr 10, 2018
Birchcliff two-thirds through 2018 drilling program
Birchcliff Energy has already drilled 19 wells (100% WI) of its 27-well program for the year, with six wells left to drill at Gordondale and two wells at Pouce Coupe. The company is running two rigs;...
Apr 10, 2018
Blackbird’s latest Upper Montney well tests 1,188 boe/d
Blackbird Energy’s 3-27-71-7W6 Upper Montney delineation well north of the Wapiti River tested at 1,188 boe/d (53% liquids) over the final 48 hours of a 12-day production test, achieving a...
Apr 10, 2018
Bonterra keeps its output relatively flat over 2017
Bonterra Energy rounded out 2017 with stable production volumes thanks to its Pembina Cardium-area drilling program along with a low corporate decline rate of 22%. Output in 4Q17 averaged 12,872...
Apr 10, 2018

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