Pengrowth Energy has now agreed to sell Cdn$1.7 billion in assets since 2013
New data available in CanOils’ M&A review for April 2017 illustrates the flurry of sales activity undertaken by Pengrowth ...
Whitecap, Raging River added the most employees of TSX-listed producers in 2016
Whitecap Resources Inc. and Raging River Exploration Ltd. saw full time and part time employee numbers increase by a combined 62% ...
Canadian upstream oil and gas M&A hits Cdn$32.8 billion in March 2017
Major deals in the oilsands sector this month meant that the total upstream M&A spend in March 2017 alone ...
Global upstream M&A reaches $65.1 billion in Q1 2017
Q1 2017 saw the highest outlay on global upstream oil and gas M&A for almost two years. Evaluate Energy analyses all the major deals that took place.
5,600 boe/d put up for sale in Canada in February 2017
A huge amount of upstream oil and gas assets were put up for sale in Canada in February 2017. CanOils’ latest report has details on all of them.
What does it cost to complete a well in Alberta?
PSAC’s latest well cost data for Winter 2016 reveals just how much it costs to complete typical DUCs that are now spread all over Alberta following the downturn
Statoil joins Shell and other foreign companies in exiting Canadian projects
Statoil and Shell lead a long list of major international companies to have sold Canadian oil projects in 2016, according to CanOils M&A data.
Low-cost light oil production drives Viking M&A deals
More than Cdn$8 billion has been spent in the Viking formation in Canada over the past few years because of its high netback, low cost oil production.
Alberta operators face over $2 billion in environmental LLR liabilities
Abandoned wells that have not been reclaimed mean over $2 billion in LLR liabilities to E&P companies – this is a huge opportunity for oil service companies.
Upstream oil and gas M&A in Canada reaches Cdn$1.2 billion in December 2016
Canada’s upstream sector saw Cdn$1.2 billion in new M&A deals announced in December. This total is around Cdn$200 million over 2016’s monthly average.
Why horizontal Cardium wells cost less to drill in 2017
New well cost statistics show that drilling a well in the Cardium costs less this year compared to last and we reveal the reasons why.
Who pays the highest drilling rig rates in Western Canada?
How much do companies pay for rig rates across Canada? Which regions see the highest costs? PSAC’s new well cost data reveals the answers…
Marcellus shale sees massive resurgence in M&A activity
Evaluate Energy data reveals a significant rise in Marcellus shale deals in 2016 compared to 2015
68% of Canadian oil & gas companies will spend more in 2017
CanOils has compiled early 2017 guidance data for Canadian oil and gas companies. 68% of them are set to spend more in 2017 than 2016.