oil & gas assets

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
Saturn targets Success on lands acquired from Whitecap
Saturn Oil & Gas has licensed its first horizontal well targeting the Success formation on 640 acres in the Flaxcombe area of Saskatchewan it recently acquired from Whitecap Resources, next to...
Feb 16, 2018
Activity on the rise, but pipeline fight looms
Oil sands producers are gearing up for increased activity in 2018 as prices recover slightly. Imperial Oil plans to spend as much as $1.7 billion this year, more than twice its 2017 capital budget,...
Feb 16, 2018
People & Companies - February 16, 2018
Chevron Canada president Jeff Gustavson is being promoted to the position of VP of Chevron’s MidContinent Business Unit. He replaces Bruce Niemeyer, who was in turn promoted to corporate VP of...
Feb 16, 2018
Alberta’s latest land sales ride Duvernay interest
The Feb. 7 sale of oil & gas rights in Alberta raised $12.26 million for the province, with the Duvernay drawing some of the largest beds. The province sold 66,706 hectares at an average $184 per...
Feb 16, 2018
C-NLOPB issues call for nominations of offshore tracts
The Canada-Newfoundland and Labrador Offshore Petroleum Board has issued a Call for Nominations of areas of interest for Crown reserve lands in the Eastern Newfoundland region of the...
Feb 16, 2018
Saskatchewan raises $3.4 million in year’s first sale
Interest in the southeast part of the province was the main driver in the Feb. 6 land sale in Saskatchewan, drawing $43.44 million in bonus bids. The sale brings the total for the 2017-18 fiscal year...
Feb 16, 2018
CERI touts benefit of Canadian oil for eastern refiners
A study by the Canadian Energy Research Institute indicates that using Canadian oil whenever possible on existing pipelines, railcars and ocean tankers could save refineries in Eastern Canada as much...
Feb 16, 2018
Hess to drill exploration well offshore Nova Scotia
US explorer Hess Corp. plans to drill an exploration well offshore Nova Scotia under a 50:50 partnership with BP. The partners hold four deepwater licenses in the region. Hess says that based on 3D...
Feb 16, 2018
C-NLOPB lifts suspension of Husky’s SeaRose FPSO
The Canada-Newfoundland and Labrador Offshore Petroleum Board has lifted the notice to suspend operations for Husky Energy’s SeaRose floating production, storage and offloading vessel and associated...
Feb 16, 2018
ARC closes out 2017 producing a record 800.4 MMcfe/d
ARC Resources wrapped up 2017 with record production and the largest development reserves addition in its history. Volumes for 4Q17 totaled 800.4 MMcfe/d (71% gas), up 13% YOY, while volumes for the...
Feb 16, 2018

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