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Drilling season peaking with 31 rigs working

Estevan– Mid-February to the first week of March is traditionally the peak of the year for oilwell drilling activity. And on Feb. 22, there were 31 drilling rigs working in Saskatchewan, down markedly from the previous two years.

According to Rig Locator (riglocator.ca), in 2020 there were 65 rigs working on the same date, and 52 rigs working on that date in 2019. During the boom years, from 2008-2014, there would be closer to 100 rigs working.

While the current number couldn’t be considered great by any means, it is significantly higher than the zero rigs that were drilling in the first part of the summer of 2020, when oil markets were initially recovering from the shock of the COVID-19 pandemic. ....

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Drilling season peaking with 31 rigs working

Drilling season peaking with 31 rigs working
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United States , Souris River , Battle Creek , Gull Lake , Cut Knife , North Battleford , North Saskatchewan River , Canada General , Roche Percee , Midale Petroleums , Gear Energy , Crescent Point Energy , Astra Oil Corp , Crescent Point Energy Corp , Teine Energy Ltd , Ridgeback Resources Inc , Fire Sky Energy Inc , Cenovus Energy Inc , Saskatchewan Ltd , Karve Energy Inc , Torc Oil Gas Ltd , Earth Energy Production Corp , Aldon Oils Ltd , Tundra Oil , Serafina Energy Ltd , Hummingbird Energy ,

Saskatchewan Advances Methane Reductions

Saskatchewan Advances Methane Reductions
Summary
by: Dale Lunan
Posted in:
Saskatchewan Advances Methane Reductions
The Canadian province of Saskatchewan said January 26 it would provide financial support for three projects that will reduce methane emissions, increase natural gas processing and create jobs.
Funding will come from two provincial initiatives, the Saskatchewan Petroleum Innovation Incentive (SPII) and the Oil and Gas Processing Investment Incentive (OGPII), which provide a certain level of transferable royalty credits once private funding has been dedicated and facilities built.
“These projects, including one that’s first of its kind in the province, are already creating jobs,” the province’s energy and resources minister, Bronwyn Eyre, said. “They support Saskatchewan’s economic recovery and the environment at the same time, by capturing and commercialising methane, rather than venting or flaring it.” ....

Bronwyn Eyre , Saskatchewan Petroleum Innovation Incentive , Verdera Energy , Saskatchewan Advances Methane , Gas Processing Investment Incentive , Steel Reef , Ridgeback Resources , ப்ரோன்வின் கண் , சஸ்காட்செவன் பெட்ரோலியம் கண்டுபிடிப்பு ஊக்கத்தொகை , வெரிடேர ஆற்றல் , வாயு ப்ரோஸெஸிஂக் முதலீடு ஊக்கத்தொகை , எஃகு ரீஃப் , ரிட்ஜ்பேக் வளங்கள் ,