Advertisement

Follow Us On:

Pulse: No Drill Baby, No Drill

Industry Report Energy Services

May 16, 2014

by Alberta Venture Staff

pulse_story01

pulse_story02

THE PULSE

No Drill Baby, No Drill

In March, more than 11,000 residents of Lethbridge signed a petition seeking to ban drilling for oil and gas within city limits. GoldenKey Oil, a Calgary-based company, planned to drill three exploratory wells in an undeveloped part of the city. Alberta currently doesn’t have any regulations about drilling in urban areas, although the provincial government promised to review the lack of policy by 2013. Former energy minister Diana McQueen promised that an urban drilling policy would be coming in the near future, but that seems increasingly unlikely due to the resignation of Alison Redford as premier and the resulting disarray in government.

THE NUMBERS

Drilling Activity 2008-2013

The number of successfully completed wells in Alberta has been gradually declining, although the rise of horizontal multi-stage fracking – meaning far more complex wells – is keeping the drilling companies busier than they were last year.

pulse_story03a
Bonanza!

The rising tide of LNG will lift many energy-service boats

Safety Dance

Companies are embracing new technology to keep workers safe

Make it Mexico

Opportunities are opening up south – way south – of the border

Related
Advertisement

Alberta Venture welcomes your comments. Please stay on topic and be respectful of other readers. Review our comments policy. If you see a typo or error on our site, report it to us. Please include a link to the story where you spotted the error.

Comments are closed.

Advertisement
Small Business
Small Business
Brought to you by ATB Financial
Venture 250
Venture 250
tiny thing
Business Person of the Year
In partnership with MacPherson Leslie & Tyerman LLP and Alberta School of Business Executive Education
Alberta Oil
Alberta Oil
Magazine
Advertisement