The quiet revolution
That buzz you hear is the sound of $85 oil and horizontal multi-frac technology rebooting the junior energy sector. But not all are following the crowd
The western Canadian oil and gas industry is in a constant state of renewal and its most dynamic subset is often the junior exploration and production companies. It's here you find the fresh faces looking to hit the big time and the grizzled veterans eager to start all over again.
Revolution repeated
Shale gas explosion forces mid-caps to focus on oil using technologies baptized in shale search
First came the revolution in natural gas production - the shift to shale gas which, by bringing huge new stores of natural gas into the market drove prices down and made it necessary to fundamentally restructure Canada's gas-prone petroleum sector. Now comes the revolution in the oilfield. Ironically, the same technologies that made shale gas possible are enabling the industry to begin the restructuring that the shift to shale gas made necessary.
Winning streak
Packing years of growth into one without a hiccup, Legacy Oil + Gas shows no sign of slowing
In the pantheon of lesser gods, under the subcategory "pioneering oilmen," where the names of John Masters (Deep Basin), Roger Butler (steam assisted gravity drainage) and George Mitchell (Barnett shale gas) are stamped in sand and stone, one could state a case for adding Trent Yanko in Saskatchewan's Bakken.
The last mile
Drilling software requirements and rig crews push bandwidth requirements at even the remotest wellsites
New instrumentation, elaborate drilling software, remote monitoring and rig crews in the middle of nowhere craving distraction are all pushing communication solutions providers to deliver broadband Internet to even the remotest oil and gas locations.
Hail the horsepower
Behind the tight gas and oil revolution, Oilweek’s Supplier of the Year has the power to shatter rock
North American oil and gas, a so-called sunset industry a few short years ago, is wide awake today with high-pressure fracs and tonnes of proppant coursing through its veins. The play-opening technology of the shale gas revolution has transformed natural gas-supply fundamentals for decades to come.
A better broom
Wavefront’s Powerwave downhole tool improves reservoir sweep and boosts reserves
The analogy might be a stretch, but anyone who has used a Waterpik oral-care product on their teeth will understand the value of Wavefront's pulsating water injection downhole tool in optimizing reservoir sweep efficiencies in enhanced oil recovery.
The road to success
Eight out of ten start-ups fail. CETAC-West reverses those odds for green-technology entrepreneurs
Two mule deer graze in front of the conference entrance, oblivious to the people shuffling by in the half-light on their way to or from the dining hall. The humans aren't particularly moved either. This is Banff Centre after all, where this year's CETAC-West Entrepreneur to CEO Workshop is being held.
