oil & gas assets

Canadian Scout

Serving the Canadian E&P market with news, analysis and business opportunities.

Canadian Scout
The Canadian Scout (blue banner report) covers news and analysis on the Canadian exploration and production (E&P) sector including new well discoveries, drilling activities, acreage sales, industry statistics (drilling results, activity permits & intents to drill) and technological updates. Besides composite E&P news, the Canadian Scout also carries market insight, analyst comments and respected featured interviews with leading E&P executives.

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Alberta’s June 27 land sale lowest so far this year
The June 27 sale of Crown drilling rights in Alberta raised just $1.2 million, the lowest total at a land sale so far this year. Industry acquired 19,990 acres at an average $60 per hectare. The...
Jul 12, 2018
C-NLOPB identifies offshore area for possible land sale
Following a January call for nominations for areas of interest, the Canada-Newfoundland and Labrador Offshore Petroleum Board has identified Sector NL04-EN in the Eastern Newfoundland Region. The...
Jul 12, 2018
Crude-by-rail volumes continue record-setting pace
Crude-by-rail exports from Canada topped a record 193,500 bbl/d in April, according to the National Energy Board, up 13% from March volumes of 170,000 bbl/d and beating the previous record of 179,000...
Jul 12, 2018
Nova Scotia invests $11.8 million to spur exploration
The government of Novia Scotia plans to invest $11.8 million on geoscience research as part of a plan to encourage offshore oil exploration. The investment is the second phase of the province’s...
Jul 12, 2018
Ontario’s new government to end cap & trade
Ontario’s newly elected Progressive Conservative government is scrapping the province’s cap & trade program, fulfilling a campaign promise made by Premier Doug Ford. The government plans to...
Jul 12, 2018
U.S. imports of Canadian oil hit record levels in June
Despite the continued transportation bottlenecks plaguing Canadian producers, the United States imported record volumes of oil at the end of June. U.S. refiners took in 3.73 MMbbl of Canadian oil for...
Jul 12, 2018
Amherst lands estimated to hold 163 MMbbl in place
A May 1 evaluation of 12,000 acres leased by privately held Amherst Energy estimates there are 163.2 MMbbl of total petroleum initially in place and 6.9 MMbbl of primary-recoverable oil on those...
Jul 12, 2018
Blackbird preps to develop north of Wapiti River
Thanks to strong results from its 3-27-71-7W6 Upper Montney delineation well north of the Wapiti River, Blackbird Energy is progressing with developments plans for the area with the acquisition of...
Jul 12, 2018
BP suspends drilling offshore Nova Scotia after spill
BP’s drilling work at its Aspy D-11 wellsite offshore Nova Scotia remains suspended in the wake of a spill of 835 bbl of drilling fluid from the West Aquarius semi-submersible. On June 22, the...
Jul 12, 2018
Cequence’s 15-4 Dunvegan well flowing 1,533 boe/d
Cequence Energy continues to see strong production from its Dunvegan oil play, including three wells (66% WI) it brought on production in April. Those wells averaged 601 bbl/d per well during May,...
Jul 12, 2018

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