Pipeline capacity shortages, supply backlogs and competition in the United States will add up to poor prices and hard times in 2019 for Canadian natural gas and oil, industry service firms predicted.
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Canadian Oil & Gas Well Count Rebound Forecast for 2017
Canadian natural gas- and oilfield activity will start making a comeback in 2017 after two severely depressed years, the nation’s service companies predicted today.
November 22, 2016
British Columbia Drilling Rights Sales Plummet
Oil and natural gas drilling rights sales in British Columbia (BC) have fallen sharply this year compared to 2014, according to statistics from the provincial government’s Ministry of Natural Gas Development.
August 25, 2015
Canada’s Drillers Predict 10% Drop in Activity Next Year
Soft prices and slow progress on export projects will undermine Canadian drilling next year, according to oil and natural gas field service providers.
November 21, 2014