Went quite what? I know you have difficulty with anything not C&P but if there is to be even the slightest chance of you making a coherent thought you must finnish the sentence.
Financial Post: Alberta to bleed 31,800 jobs by end of year in oil price carnage
- Thread starter mentalfloss
- Start date
Went quite what? I know you have difficulty with anything not C&P but if there is to be even the slightest chance of you making a coherent thought you must finnish the sentence.
Everything is good. Everything is fine. Nothing is wrong. Pass me dat wine.
Alberta energy drillers pivot to natural gas because of oil plunge
OIL-DRILLING-1
Alberta’s energy producers are pivoting toward developing gas reserves rather than oil after crude lost half its value last year.
The number of gas development rigs in Canada’s biggest energy producing province almost doubled in December to 157, the most for that month since at least 2010, the Alberta Energy Regulator said in data posted on its website late Wednesday. The number of crude development rigs fell by 4.3 percent to 134.
Alberta’s gas prices dropped 35 percent last year while oil fell 46 percent. U.S. crude prices have plunged below $50 from last year’s high above $107 after the Organization of Petroleum Exporting Countries resisted calls to cut output amid a surge of U.S. crude production.
While most conventional petroleum rigs in Alberta produce both gas and oil, the collapse of crude prices is prompting drillers to focus on wells with higher gas volumes, Mark Oberstoetter, lead Canada upstream analyst at Wood Mackenzie Ltd., said in a phone interview from Calgary.
“Some of those wells that have higher gas rates, they might have become more economic than their liquid-heavy counterparts,” he said. “You can now alter where you are going to pop your wells.”
Alberta’s gas prices collapsed in 2008 and have mostly traded between $2 and $4 per million British thermal units since then as surging U.S. production cut exports south and large- scale projects to liquefy and export gas from British Columbia were delayed. Still, exports to the U.S. West Coast are higher than a year ago and companies led by AltaGas Ltd. are moving forward with smaller LNG projects, with the first scheduled to start in 2018.
ALBERTA HUB
Gas at Alberta’s AECO hub rose 1 cent to $2.36 per million British thermal units at 11:56 a.m. mountain time, according to data compiled by Bloomberg. The price has fallen 4.1 percent this year. U.S. crude futures fell $2.82 to $48.17 a barrel.
Most Albertan oil is extracted as bitumen from the province’s northern oil sands, either through mining or by injecting steam into the ground and then pumping it out of the earth.
While conventional oil rigs declined, bitumen development rigs rose an annual 29 percent in December to 142, the energy regulator said. This compares with a 14 percent decline a year earlier.
Oil sands producers invest billions of dollars in operations that will produce oil for decades. While starting an oil sands project now wouldn’t be economical, companies will push ahead with those under construction and projects already operating will continue, Jackie Forrest, vice president of Calgary-based ARC Financial Corp., said in a Jan. 29 e-mail.
Alberta energy drillers pivot to natural gas because of oil plunge - BNN News
Alberta energy drillers pivot to natural gas because of oil plunge
OIL-DRILLING-1
Alberta’s energy producers are pivoting toward developing gas reserves rather than oil after crude lost half its value last year.
The number of gas development rigs in Canada’s biggest energy producing province almost doubled in December to 157, the most for that month since at least 2010, the Alberta Energy Regulator said in data posted on its website late Wednesday. The number of crude development rigs fell by 4.3 percent to 134.
Alberta’s gas prices dropped 35 percent last year while oil fell 46 percent. U.S. crude prices have plunged below $50 from last year’s high above $107 after the Organization of Petroleum Exporting Countries resisted calls to cut output amid a surge of U.S. crude production.
While most conventional petroleum rigs in Alberta produce both gas and oil, the collapse of crude prices is prompting drillers to focus on wells with higher gas volumes, Mark Oberstoetter, lead Canada upstream analyst at Wood Mackenzie Ltd., said in a phone interview from Calgary.
“Some of those wells that have higher gas rates, they might have become more economic than their liquid-heavy counterparts,” he said. “You can now alter where you are going to pop your wells.”
Alberta’s gas prices collapsed in 2008 and have mostly traded between $2 and $4 per million British thermal units since then as surging U.S. production cut exports south and large- scale projects to liquefy and export gas from British Columbia were delayed. Still, exports to the U.S. West Coast are higher than a year ago and companies led by AltaGas Ltd. are moving forward with smaller LNG projects, with the first scheduled to start in 2018.
ALBERTA HUB
Gas at Alberta’s AECO hub rose 1 cent to $2.36 per million British thermal units at 11:56 a.m. mountain time, according to data compiled by Bloomberg. The price has fallen 4.1 percent this year. U.S. crude futures fell $2.82 to $48.17 a barrel.
Most Albertan oil is extracted as bitumen from the province’s northern oil sands, either through mining or by injecting steam into the ground and then pumping it out of the earth.
While conventional oil rigs declined, bitumen development rigs rose an annual 29 percent in December to 142, the energy regulator said. This compares with a 14 percent decline a year earlier.
Oil sands producers invest billions of dollars in operations that will produce oil for decades. While starting an oil sands project now wouldn’t be economical, companies will push ahead with those under construction and projects already operating will continue, Jackie Forrest, vice president of Calgary-based ARC Financial Corp., said in a Jan. 29 e-mail.
Alberta energy drillers pivot to natural gas because of oil plunge - BNN News
God you're an attention wh0re, so much you have to re-post your garbage on the next pages.. what your mother bottle fed you.
Not sure about you but I can't go back or forward a page on this site unless I'm using Firefox.
Try not to be so angry about it, k?
Try not to be so angry about it, k?
Maybe you should update your FireFox, because I don't have that issue in Crome, FireFox or IE... and I have to use all 3 browsers for my web design business to ensure browser conformity.
Try removing it from your PC and then download a new copy.
Since I started posting on my iPhone, I can't flip pages.
I wouldn't listen to Boomer MF.
Same problem here.
I have 3 different browsers on my iPhone (includes chrome and opera) and none of then can flip pages.
It's almost as if this site wants you to get lost and confused.
Hmmmmm
Also, Boomer, I said Firefox is the one browser that actually works (not that it doesn't)
I have 3 different browsers on my iPhone (includes chrome and opera) and none of then can flip pages.
It's almost as if this site wants you to get lost and confused.
Hmmmmm
Also, Boomer, I said Firefox is the one browser that actually works (not that it doesn't)
I use Atomic Web Browser on my iPhone, works for me.
You can "Identify Browser As"
Yeah, missed that unless, it's as if it was ommitted from the article then added later.. I dunno :lol:
I use Atomic Web Browser on my iPhone, works for me.
You can "Identify Browser As"
Yeah, missed that unless, it's as if it was ommitted from the article then added later.. I dunno :lol:
You must've just had something stuck in your ISIS. Probably from that EBOLA you contracted last year.
In any case, thanks for the tips on the Atomic browser.
I will check it out.
Sounds like u mad.
nope. lolling like a doc son.
you resurrected the malarkey this fine morning. so um...
Bloody hilarious.
I still recall Flossy having his panties all in a bunch over that. Well, looks like he got what he wanted right along with the nasties that came along with it
Another attention wh*re.
No point in rebutting your position, all of the scams, frauds and wrong doings perped by the leaders of your cause do all that work for me
no kidding...this might also explain a few things about the lad...
Before It's News @beforeitsnews Over two hours screen time a day may raise a child’s blood pressure
oh, I see... you had some 'kind of a life' in making your statements about equalization/transfer... but you have another 'kind of a life' when you're challenged with a countering reference and asked to substantiate your initial statements. That's most convenient for you, hey!
good to know you're on the case, taxi! Every board needs a spelling nazzzi! I will take solace in realizing your manual intervention is primed to review auto-prompt/correction! Well done, taxi!
10% of the alleged lost jobs will be filled by one project in SK starting back up in early April and will run for two to three years.
are you sure you're in the right thread? :mrgreen: Ya see, this is the thread where you displayed your most peculiar understanding and interpretation of equalization/transfer payments. This is the thread where I countered your peculiar statements and challenged you to substantiate your peculiar understanding/interpretation. You know... both you and the BooMan!
but hey, no worries; I appreciate your face-saving attempt to deflect/distract away from the challenge put to you!