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NEWS

Latest News from BOE Report

Oil & Gas News Headlines | BOE Report
  • Canada’s weekly rig count at 246
    03 February 2023
    Canada averaged 246 active drilling rigs this week according to data from the Canadian Association of Energy Contractors. Of those rigs, 29% are drilling for natural gas, 54% are drilling for oil, 7% for other (helium, hydrogen, geothermal, lithium, or potash), and 10% are moving. Drilling activity by province is 76% in Alberta, 14% in [Read more]
  • Russian revenues to be hit further by caps on its oil products
    03 February 2023
    U.S. Treasury Secretary Janet Yellen said on Friday that new price caps by the West on Russian oil products would build on the crude oil cap set in December and further limit Russian oil revenues while keeping global energy markets supplied. “The caps we have just set will now serve a critical role in our [Read more]
  • The HWN Energy acquisition spree continues – set to acquire 642 wells, 145 facilities, 168 pipelines from Whitecap Resources
    03 February 2023
    Just last week, we pointed out that HWN Energy is set to acquire a number of assets from Bonavista Energy, pending approval from the AER. The company is at it again, as today we noticed that HWN has another acquisition pending AER approval. This time it is 642 wells, 145 facilities and 168 pipelines from [Read more]
  • U.S. oil & gas rig count falls by the most in a week since June 2020
    03 February 2023
    U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by 12 to 759 in the week to [Read more]
  • Canada regulator licences Equinor’s significant oil discovery offshore
    03 February 2023
    A Canadian offshore oil regulator said on Friday that it has licensed a significant discovery by Equinor ASA near the country’s Atlantic coast. Global oil companies are pumping billions of dollars into offshore drilling because they can turn profits at lower prices than some onshore production, although they are expensive to build. They also can [Read more]
  • U.S. natgas drops 3% to 25-month low on less cold weather in February
    03 February 2023
    U.S. natural gas futures fell about 3% to a 25-month low on Friday on forecasts for less cold weather and lower heating demand over the next two weeks than previously expected. That put the gas contract on track to drop over 63% over the past seven weeks, its biggest seven-week collapse in history after weather [Read more]
  • Oil stable but heads for weekly loss awaiting China recovery signs
    03 February 2023
    Oil prices made modest gains in early trade on Friday but were heading for a second straight week of losses, as the market looked for more signs of a strong recovery in fuel demand in China to offset looming slumps in other major economies. U.S. West Texas Intermediate (WTI) crude futures gained 12 cents, or [Read more]
Northstar tracked unit

The wide, low-profile tracks provide greater stability than conventional equipment. As a result, Northstar Hydrovac's Tracked Vehicles are readily equipped to access hard to reach areas without the need for matting. Northstar Hydrovac's Tracked Vehicles offer the quality, dependability, and proven field performance to meet the most challenging off-road transportation requirements.

Northstar Hydrovac

Northstar Hydrovac's large, multi-tracked vehicle is designed to access hard to reach areas in mud, muskeg, swamp, and snow conditions. The high deck and sealed undercarriage components provide excellent fording ability combined with high approach and departure angles.

Northstar Hydrovac

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9407 - 158 Ave., Grande Prairie, AB T8X 0B9

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