Dan Rutherford

1 week ago | boereport.com | Dan Rutherford

Almost 2 years ago, Birchcliff surprised many in industry by announcing a new land position at Elmworth. Testing out some new public data tools at BOE Intel (ask how you can get access here), we took a look at how those mineral rights have changed since that announcement on May 10, 2023. The map below shows a constantly evolving view of the company’s mineral rights position in the area, not uncommon for producers in the complex world of mineral rights tenure.

2 weeks ago | boereport.com | Dan Rutherford

The Alberta Government brought in $5.1 MM on its April 2nd Crown land sale. In total, 9,456 hectares were sold at an average price of $543.79/ha. Click here to see the full land sale results on BOE Intel. It was a small and rather uneventful sale. The highest dollar bonus was for two small pieces of land west of Rocky Mountain House that each fetched $441,311. The buyer was Yangarra Resources, with both parcels of land comprising of 1 section (256 hectares) of rights.

3 weeks ago | theicct.org | Dan Rutherford

There’s a famous koan, or philosophical question used in Zen meditation, that asks, “What is the sound of one hand clapping?” An aviation variant of the question is, “What is the boom from a supersonic aircraft that hasn’t been built yet?” It may surprise you to hear that this has real policy implications. In late January, Boom Supersonic flew its XB-1 demonstrator aircraft faster than the speed of sound for the first time and then promptly retired it.

3 weeks ago | boereport.com | Dan Rutherford

4 Duvernay wells licensed to Chevron Canada came off of Confidential status in March. Of course these wells are soon to be transferred to CNRL as a result of the acquisition announcement last fall, but for now Chevron is the official licensee. While under Confidential status, full production details including (most importantly) pentane volumes are shielded from public view. But now that these wells are no longer confidential, the full results can be seen.

4 weeks ago | boereport.com | Dan Rutherford

Initial production data is out for February in Alberta. BC and Saskatchewan are yet to report. Alberta has reported oil, condensate, and gas; full Alberta NGL data (including pentane) and marketable gas is due out in a couple weeks. While the February data won’t be considered complete until the rest of the Alberta data has been reported, it is nonetheless worthwhile to show the data as it stands today.