On Tuesday, Calgary-based Calfrac Well Services Ltd. reported it more than doubled its first-quarter revenue compared with the same period last year and is reactivating equipment it parked over the past three years.
Meanwhile, both Calfrac and its crosstown rival, Trican Well Service Ltd., have been rehiring. Read more
The oil market in 2017 finished quite optimistic. Black gold in December for the first time in 2.5 years reached the mark of $ 66…
By 2025, the growth in American oil production will equal that achieved by Saudi Arabia at the height of its expansion, and increases in natural…
Exxon recently completed “Bakken” wells in North Dakota that extend 3 miles. Exxon The world’s biggest oil explorer by market value finished four wells in North Dakota’s Bakken region that extends horizontally for 3 miles (4.8 kilometers), Barclays Plc analyst Paul Cheng said in a research note after meeting Exxon executives, it’s closing in on the 4-mile mark. Read more
Continental Resources net income includes certain items typically excluded by the investment community in published estimates, the result of which is referred to as “adjusted…
