Exploration & Production | Operational Updates | Drilling & Completions
TriOil Talks Cardium, Kaybob Growth, Production
Print
|
TriOil Resources Ltd. has reported that its year-end exit production exceeded 3,450 boe/d (70% oil and liquids) based on field estimates, in line with its 3,400-3,600 boepd guidance.
The company achieved strong production growth in 2012, entirely through the drill bit, with corporate production up 80% from its 1,900 boepd 2011 exit production rate. Current production exceeds 3,600 boepd (70% oil and liquids) based on field estimates and the 2013 light oil development programs at Lochend and Kaybob are off to active and encouraging starts to the year. The company is planning to provide details of its 2013 capital plan and guidance together with a detailed operational overview in early February, 2013. In the interim, TriOil has reported the following operations update.
TriOil has establish…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…