Oil Field News

Daily Drilling Licenses Issued

July 23 Click here for a complete list of licenses issue





 

Drilling Activity Report

DRILLING RIG ACTIVITY
July 23, 2014
Active Down Total % Active
Western Canada
AB 280 280 560 50%
SK 90 61 151 60%
BC 53 21 74 72%
MB 7 13 20 35%
WC Total 430 375 805 53%

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WTI Crude Oil

Oil Sands Gushing Jobs Mark Divide in Canadian Economy

In Canada’s economy there’s Alberta, and there’s everywhere else.

The oil- and gas-rich western province was responsible for all of the country’s net employment growth over the past 12 months, adding 81,800 jobs while the rest of Canada lost 9,500. Alberta’s trade surplus, C$7.4 billion ($6.9 billion) in May, almost matched the deficit rung up everywhere else.
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Canada Stocks Rise, Headed for Record as Oil Extends Gain

Canadian stocks rose, headed for a record, with energy producers climbing as crude oil headed for the first weekly gain in a month.
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