Page 26 - November 18, 2019
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Electricity
&
Oil & Gas
&
Monthly Update on the Energy Industry
A
Forestry
Minerals
&
&
Coal Mining
&
THE WEEKLY ANCHOR
MONDAY NOVEMBER 6, 2017 PAGE 17
EDUCA
EDUCATION IN ACTIONTION IN ACTION
PAGE 26 MONDAY NOVEMBER 18, 2019 THE WEEKLY ANCHOR
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THE WEEKLY ANCHOR MONDAY JULY 11, 2016 PAGE 3
A Monthly Update on the Energy Industry & Oil & Gas
ENERGY & Coal Mining
& Minerals
& Electricity
ENERG
ENERGY EDUCATION IN ACTIONY EDUCATION IN ACTION
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Forestry
Enabling oil investment across Alberta




Province creating jobs by allowing curtailed operators to drill new conventional oil wells



Release: These adjustments provide flexibility for
industry while aligning with the objective of
Effective Nov. 8, 2019, all producers can drill curtailment – protecting the value of Alberta's
new conventional oil wells without being oil by maintaining a balance between
restricted by production limits. Existing production and takeaway capacity.
producing wells will remain under This update to the existing curtailment policy
curtailment. is in-line with other recent enhancements
This measure will drive positive investment, made by government. This includes the
lead to increased drilling activity, and support addition of special production allowances,
economic growth in communities across which give operators curtailment relief for
Alberta. production shipped by new rail capacity.
“Companies are currently making investment Quick Facts
decisions and we want those dollars and jobs - This policy applies to all conventional oil
to be in Alberta. We are doing everything we producers.
can to help.” Sonya Savage, Minister of - Existing wells will remain subject to the
Energy curtailment policy.
“I strongly support the government's decision - In September 2019, Alberta produced
to ease curtailment of conventional oil.‎ approximately 480,000 barrels per day of
Without the ability to increase production, conventional oil.
new wells will simply not be drilled. This - Of this, 90,000 barrels per day were from
change is crucial to the tens of thousands of curtailed operators.
service sector workers who otherwise faced a - According to the Canadian Association of
bleak winter of unemployment.” Gwyn Oilwell Drilling Contractors, each working
Morgan, retired founding CEO of Encana drilling rig supports an additional 145 direct
Corp. and indirect jobs.





Distributed to major
oil & gas and energy Sales
leaders in the
region Rentals Scada Automation
* Edson *
* Hinton* Service Instrumentation
* Grande Cache *
* Drayton Valley * Installation Electrical
* Whitecourt *
The Oilpatch is published
the third week of every Randal Brown
month and is read by a When on the road, go with
broad section of energy Cell: (780) 712-0388
industry professionals, the names you can trust
from company executives Chris Robinson
to oil and gas personnel Cell: (780) 723-1270
and purchasing agents. It MORAD COMMUNICATIONS LTD.
also goes to oilfield
service companies, MORAD 5108-2 Ave., Edson
suppliers and equipment Ph: 723-3939; Fax: 723-3970 Box 6599 Edson, Ab T7E 1T9
manufacturers.
COMMUNICATIONS LTD. Hinton: (780) 865-4484 himarkcontrols@hotmail.com



! MAIN LINES Dwight Kennedy -
! GATHERING SYSTEMS Owner/General Manager
! COMPRESSOR STATIONS
! FABRICATION Ph: 780-723-6494
! LEASE WORK
! GENERAL OILFIELD Cell: 780-723-8045
MAINTENANCE Edosn, Alberta
N.P.P. Pipeline Installation
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