Monthly Archives: March, 2010
When will the shale gas bloom fade?
It’s been hard lately to get my head around something that just doesn’t seen to make much sense: the ongoing strength of expensive shale gas drilling south of the border in the face of stagnant natural gas prices. A few years ago, when gas was robustly into the double digits, it was easy to join [...]
Green Leader Devon cops CAPP award
Devon Canada, which was featured in Oilweek’s March Green Leaders edition, took down one of four Stewardship Awards bestowed by the Canadian Association of Petroleum Producers earlier this week. Devon was recognized for its application of minimal disturbance techniques on roads it builds to wellsites, cutting right-of-ways from 20 metres to as little as eight [...]
As expected – permanence
As expected, Alberta’s competitiveness review is making permanent many of the tweaks added to the New Royalty Framework to address unintended consequences, most importantly the five per cent front end rate on conventional oil and natural gas. The max rate for conventional oil will be reduced to 40 per cent from 50 per cent, while [...]
It’s almost like Christmas in March
Finally, the day the industry has been on pins and needles for…Alberta’s long-awaited Competitiveness Review will be released this afternoon by Energy Minister Ron Liepert, bringing salvation and sustainability and certainty and longevity and…well, you get the idea. I don’t recall this much buzz and anticipation for a missive from the provincial government since…well, since [...]
