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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

Exxon-owned Imperial and its competitor Suncor have also switched to autonomous mining vehicles, eliminating the need to hire drivers to transport oil sands ore. Canadian Natural Resources , for example, at the end of 2024 had proved and probable reserves amounting to 20.1 shale for its quicker drilling time and returns.

Oil
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EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

In the natural gas window, the acquisition adds 330,000 net acres along with existing natural gas production with firm transportation exposed to premium end markets. In the northern acreage, where the company has delivered outstanding well results, EOG increases its existing average working interest by more than 20%.

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BRAZIL POTASH GRO-NYSE THE MOST COMPELLING BUSINESS CASE IN GLOBAL RESOURCES

Oil and Gas Investments

And its going to get worse, as logistics – transportation costs have become a big burden for foreign potash producers. Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. That is a MASSIVE reduction in the cost of transportation.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Leading Low Decline Light Oil Position in Saskatchewan : The combined company becomes the second largest producer in Saskatchewan with consolidated assets in west and southeast Saskatchewan. These foundational assets have approximately 7,000 development locations to support meaningful free funds flow generation into the future.