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CNRL updates 2018 production for Horizon oil sands

November 8, 2017 Latest News 0

Canadian Natural Resources Ltd. (CNRL) estimates 2018 production for the completed Horizon Phase 3 expansion will be 1.09-1.17 million boe/d, representing a 17% increase over 2017 production levels and with a capital program targeted at $4.3 billion.Th…

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Proppant demand outlook for Bakken, Permian

November 6, 2017 Latest News 0

US and Canadian shale operators have adjusted completion designs and increased proppant volumes to maximize well productivity. McKinsey Energy Insights (MEI) expects this trend will continue at $50/bbl oil, particularly in the Permian basin.The post Pr…