Chill in the air for Canadian drillers
Labour day heralded the unofficial start of the Canadian drilling season. This year it’s beginning amid uncertainty
There's no shortage of causes for concern as producers grapple with the double uncertainty of oil and natural gas prices. Add in continued political and regulatory uncertainty over US relations, cancelled liquefied natural gas projects on the west coast and the Trans Mountain pipeline delay, and it all makes for a depressing scenario heading into the usually frenetic season. Unlike the US, drilling in Canada is overwhelmingly tied to the fall and winter months when the ground freezes hard enough to support trucks and equipment. In fact, many of the country's unconventional basins, such as the prolific Montney fields of northeastern British Columbia, are winter-access only due to lack of pave

Also in this section
23 May 2025
LNG projects need the certainty of long-term contracts, but Henry-Hub–linked deals put buyers at significant risk
22 May 2025
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected
22 May 2025
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
22 May 2025
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections