In Western Canada, the gas-directed rig count rose by one to 58 rigs, while the oil-directed rig count dropped by seven to 127 rigs, for the week ended July 2, according to Baker Hughes data.
This morning Pembina Pipeline Corporation announced a positive Final Investment Decision (FID) on the Greenlight Electricity Centre (GLEC), a 932 MW gas-fired combined cycle power generation facility to be located within Alberta’s Industrial Heartland in Sturgeon County near Edmonton.
Alberta crude oil and condensate production for May averaged 4.31 MMb/d, down 180 Mb/d vs. April, but up 387 Mb/d year-over-year, according to data released by the Alberta Energy Regulator this week.
According to a Reuters report posted Tuesday, South Bow Corp. and Bridger Pipeline LLC have plans to jointly develop a new crude oil pipeline from Guernsey, WY to Cushing, OK.
In Western Canada, the gas-directed rig count rose by one to 57 rigs, while the oil-directed rig count gained seven to 134 rigs, for the week ended June 26, according to Baker Hughes data.
In Western Canada, the gas-directed rig count fell from 58 to 56 rigs, while the oil-directed rig count gained eight to 127 rigs, for the week ended June 18, according to Baker Hughes data.
Keyera Corp. provided a business update on June 16, a few weeks after having closed the acquisition of Plains’ Canadian NGLs business.
In Western Canada this week, the gas-directed rig count rose by four to 58 rigs, while the oil-directed rig count gained five to 119 rigs.
CSV Midstream Solutions announced on June 9 that it plans to build a 35 Mb/d fractionation plant in Fort Saskatchewan. Subject to regulatory approval, CSV expects to make a final investment decision (FID) on the project by early 2027, targeting startup in 2029.
In Western Canada the oil-directed rig count increased by six this week, to 113 active rigs, which is 32% higher than the prior 10-year high for this time of year, while the gas-directed rig count increased by one to 54 rigs this week, in line with the prior five-year high for this time of year.
