Booming production of crude oil in North Dakota is necessitating significant upgrades in transportation infrastructure in the state.
The oil and gas industry has come under fire recently over the environmental impact of some of its extraction techniques for unconventional oil - such as shale gas and oil sands - but there are a number of alternatives out there.
A shale gas and shale oil boom is anticipated in Argentina, where recent finds have set expectations high in the South American country.
Apache’s new High Alpine discovery on the SW edges of the Permian Basin is one of the three most important inflection points in the North American energy market in the last decade. (The other two are the rise of the oily Bakken play in North Dakota and the gassy Marcellus...
by Elizabeth Lappin, P.Geo Elizabeth is the Geothermal Ambassador Coordinator at CanGEA, and the Founder of Castle Rock Consulting Ltd.  Alberta’s oil and gas wells produce thousands of barrels of water each day. This water is considered a waste by the oil patch, and operators pay to send it away by...
Crescent Point’s Torquay Discovery Reignites Southeast Saskatchewan Just when you thought The Bakken couldn’t get any better—it does. Oil producers are now “cracking the code” on the Torquay, or Three Forks formation below the Bakken, and coming up with incredible economics—these wells are paying back in only seven months. This news has completely re-invigorated the Canadian side of the Bakken. And on the US side, the Three Forks is causing industry to leap-frog estimates...
Two new tight oil plays in south Texas are attracting a lot of investor and industry attention—the Eagle Ford and the Eaglebine. THE EAGLE FORD The Eagle Ford has gone from obscurity in 2008 to now being the #3 play in all the United States (based on number of rigs drilling),...
Research firm Macquarie Equities Research lowered its target share price for Emerge Oil and Gas Inc. (EME:TSX) to C$2.25 from C$2.75 and reaffirmed its NEUTRAL rating for the company.