Contractors

Schlumberger Lays Off 1,000 North American Personnel

Schlumberger Ltd., the world’s largest oilfield services company, is laying off 1,000 contractors, operating staff and support personnel across North America because of the deteriorating conditions in the natural gas and oil sector. If market conditions don’t improve, the company warned it could reduce its workforce even more.

January 9, 2009

Canadian Technology Venture Working to Unlock Deep, Tight Shale

While Canadian natural gas producers slow drilling until prices rise, and hungry field contractors cut service rates, an Alberta applied science agency with a long pedigree of success has set out to sow seeds for the next generation of production.

February 11, 2008

Canadian Technology Venture Working to Unlock Deep, Tight Shale

While Canadian natural gas producers slow drilling until prices rise, and hungry field contractors cut service rates, an Alberta applied science agency with a long pedigree of success has set out to sow seeds for the next generation of production.

February 11, 2008

Canadian Drillers Project Dismal Year, See 14% Decline in Gas Wells

The Canadian Association of Oilwell Drilling Contractors (CAODC) signaled that the latest revision to its drilling forecast “continues, and deepens, the trend of reduced natural gas drilling.” The forecast reduction issued Thursday follows lower gas drilling numbers, primarily in Alberta and British Columbia, which began to fall dramatically last year.

May 29, 2007

Canadian Drillers Project Dismal Year, See 14% Decline in Gas Wells

The Canadian Association of Oilwell Drilling Contractors (CAODC) signaled that the latest revision to its drilling forecast “continues, and deepens, the trend of reduced natural gas drilling.” The forecast reduction issued Thursday follows lower gas drilling numbers, primarily in Alberta and British Columbia, which began to fall dramatically last year.

May 28, 2007

Alberta’s Consumers, Government Enjoy Lower Gas Prices

It pays to be a consumer — and even more to be the government — in Canada’s chief natural-gas producing jurisdiction.

April 2, 2007

Lower Canadian Gas Well Completions Point to Lower Exports

The Canadian Association of Oilwell Drilling Contractors (CAODC) last week reported 1,523 natural gas well completions in December, 9% fewer (152) than in November — yet another indication that Canada’s gas exports to the United States will fall this year, analysts said last week.

February 5, 2007

Forecasters See Rita as ‘Major Hurricane;’ Gulf Evacuations Begin

Gulf of Mexico producers and drilling contractors, many still struggling to restore production and repair platforms and rigs in the wake of Hurricane Katrina, were moving quickly Monday to get their personnel out of the path of oncoming Tropical Storm Rita, which the National Hurricane Center (NHC) believes could be a major hurricane later this week with a current trajectory over the Central Gulf.

September 20, 2005

Pemex E&P Taps Schlumberger to Manage Upstream Info

As it prepares to open its enterprise to outside contractors, Mexico’s Petroleos Mexicanos Exploration & Production (Pemex E&P) has signed a $60 million, two-year contract with Schlumberger Ltd. to manage its upstream asset information.

March 5, 2003

BP Canada Makes Significant Progress On Ethane Well Fire

A BP team of more than 100 employees and contractors was making “significant progress” on recovery operations at its Fort Saskatchewan Natural Gas Liquids (NGL) storage facility that caught fire in an early morning explosion Aug. 26 (see Daily GPI, Aug. 28). The facility is located about four miles northeast of Fort Saskatchewan, AB.

September 4, 2001