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Oil & Gas Inquirer - Fractured Basin

The Oil & Gas Inquirer is the best free source for stories about the oil and gas industry.

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Drilling Activity

The Oil & Gas Inquirer brings you the latest drilling activity with a screenshot of the current drilling rig survey and the license issues for the month.

 

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Oilpatch Marketplace

EOG takes writedown on Horn River assets

EOG Resources, Inc.'s production in Canada declined in 2012 and the company reported a significant writedown in the country in the fourth quarter, thanks to weak natural gas prices.

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Encana continues driving down Montney costs

With natural gas prices stalled out for the last four years, developers are focused on driving down costs as a means to stay afloat.

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Montney production climbs for Painted Pony

Painted Pony Petroleum Ltd. increased fourth-quarter 2012 field-estimated production to 7,290 barrels of oil equivalent per day (76 per cent weighted to gas), a 40 per cent increase over fourth-quarter 2011.

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Artek Exploration continues targeting Inga condensate play in 2013

Artek Exploration Ltd. exited 2012 at a record production level of over 4,000 barrels of oil equivalent per day (approximately 44 per cent oil and natural gas liquids).

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Northeast BC gas supply continues to grow, but new markets still years away

[Figure 1]How important is developing a liquified natural gas export market for northeastern British Columbia tight gas supplies to the province's economy?

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