Suncor has provided an operations update for the fourth quarter of 2018, highlighting total upstream production of 831,000 barrels of oil equivalent per day (boe/d), which is a quarterly production record and represents an increase of 12% from the third quarter of 2018. This record-breaking quarter reflects the results of the significant investment developing Fort Hills, and Suncor's ongoing operational excellence focus across its assets, particularly at the Syncrude joint venture.
BossTek has updated its family of self-powered dust suppression equipment with Tier IV Final-compliant generators, ensuring compliance in all 50 states and Canada. BossTek made the announcement with the debut of the new DustBoss DB-60 Fusion, a field-proven suppression system driven by a high-reliability 25 HP electric motor and paired with a gen set powered by a heavy-duty 4-cycle indirect injection diesel engine. Designed, engineered and assembled in the USA, the generator features a dual-containment fuel cell, heavy gauge lockable enclosure and oversized brushless alternator for easy starting.
CPC-Cryolab, a CIRCOR International brand, offers the 5000 Series Cryogenic Valves, ideal for use in ultra-cold cryogenic storage tanks, transportation trailers, and vacuum jacketed and non-jacketed piping systems. The 5000 Series valves feature bellow sealed and non-bellows sealed designs, redundant packaging seals, and all stainless-steel construction, trusted the most common, most reliable LHe valves used on ISO helium containers world-wide.
The Dynatrol CL-10GP Proportional Level Detector is designed specifically to control liquid levels in pilot plants, processing, small vessels, or anywhere it is necessary to obtain proportional level control over a precise range. The EC-103C(G) Control Unit is paired with the Detector and can activate electro-pneumatic transducers, valve positioners, indicators, controllers or other DC current devices.
Pulse Oil Corp. announces that on December 27th, 2018, drilling of Pulse's second exploration well, PUL HZ QUEENSTN 12-9-19-21 W4 ("12-9"), reached a total measured depth, as planned, of 2957m (TVD 1389m), including 1237m of lateral section within a highly porous Mannville-aged Lithic sandstone channel. The 12-9 well was Pulse's second well successfully targeting a new 3-D seismic interpretation intended to focus on the highest porosity / permeability lithic deposits within the Mannville channel trend in the Queenstown area of Southern Alberta.
The Canadian Association of Oilwell Drilling Contractors (CAODC) is supportive of the federal funding announcement assisting oilfield workers and the industry in general, but indicate more is needed to address industry challenges.
H. G. Schaevitz LLC Alliance Sensors Group has expanded its sensor product offering by adding a line of LR-19 Series Inductive Linear Position Sensors using LVIT Technology; contactless devices designed for factory automation and a variety of industrial or commercial applications. With their compact design, superior performance, and excellent stroke-to-length ratio, LR-19 sensors are ideal for industrial testing laboratories and OEM applications.
Long before a single load is booked or any wheels turn, someone - usually a fleet manager - needs to determine exactly what is going to separate the road and the load. There's a lot riding on this decision because, as much as some would like to think otherwise, a trailer is never just a trailer. It can be manufactured to many different specifications, with multiple raw material options, dozens of load and geographical considerations, various top speed requirements and hundreds of possible axle configurations coming into play. And it all comes down to one objective - the ideal trailer for an operation's specific loads.
Rocky Mountain GTL Inc. is pleased to announce that it has completed a private placement of units composed of common shares and warrants and convertible debentures due in 2020, for aggregate gross proceeds of approximately $42 million. With the completion of the above private placement, the Board of Directors has approved the final investment decision to proceed with the construction of Canada's first commercial Gas to Liquids (GTL) plant 60 kilometers east of Calgary, near Carseland, Alberta.
The Natural Gas Innovation Fund (NGIF) has made three major announcements: seven Canadian natural gas producers have joined the fund to advance cleantech innovation and improve environmental performance and greenhouse gas (GHG) emission reduction in Canada's natural gas energy system; a $3 million funding call is opening for cleantech solutions for the development and production of natural gas; and a Federal/Provincial Government and Industry collaboration on GHG emission reduction in natural gas energy across Canada is being launched.
Husky Energy plans to spend approximately $3.4 billion on its capital expenditure program in 2019 as it continues to invest in a deep portfolio of higher-margin, longer-life projects. This is about $300 million less than forecast at the Company's Investor Day in May 2018, and includes capital spending reductions resulting from Alberta's mandated oil production cuts.
The latest innovation from Packers Plus Energy Services Inc. is providing operators with higher efficiency plug-and-perf systems worldwide. The TREX Cemented Product Line now offers composite and degradable plugs to improve deployment and reduce/eliminate mill-out operations, saving time and reducing risk.
Canada's Minister of Natural Resources, Amarjeet Sohi, together with Canada's Minister of International Trade Diversification, Jim Carr, have announced more than $1.6 billion to support jobs and workers in Canada's oil and gas sector as Canada seeks to diversify export markets for its resources beyond the United States. These measures will support workers and their families, foster competitiveness and improve the long-term environmental performance of the industry.