Tuesday, July 22nd13.3°C
22712
21953

Saskatchewan government says oil patch pumped out new production record in 2013

REGINA - The Saskatchewan government says the province's oil patch is pumping out production like never before.

It says oil production last year set a new record of 177.9 million barrels, or 487,400 barrels per day.

That's up from the previous record of 172.9 million barrels or 472,500 barrels per day set in 2012.

Drilling activity also set a new record.

The province says 2,433 horizontal oil wells were drilled last year, surpassing the 2,036 horizontal oil wells drilled in 2012.

The Lloydminster and Kindersley-Kerrobert areas accounted for almost two-thirds of all drilling last year.

The Canadian Press


Read more Business News

22447


Recent Trending




Today's Market
S&P TSX15249.99-16.58
S&P CDNX1006.48-5.76
DJIA17051.73-48.45
Nasdaq4424.704-7.442
S&P 5001973.63-4.59
CDN Dollar0.9302-0.0011
Gold1313.40+4.2001
Oil105.25+0.66
Lumber327.80+1.50
Natural Gas3.841-0.008

 
Okanagan Companies
Pacific Safety0.20+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.150.00
Cantex0.055-0.005
Anavex Life Sciences0.348+0.008
Metalex Ventures0.065-0.005
Russel Metals34.99-0.16
Copper Mountain Mining2.69-0.01
Colorado Resources0.20-0.005
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.18-0.03

 



21411

FEATURED Property
193578967 Shuswap River Drive
3 bedrooms 2 baths
$799,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...


Euro debt woes re-emerge

Big Picture Euro debt woes re-emerge Europe’s debt woes jumped back into the headlines this week trumping other economic, geopolitical and corporate developments. Word that one of Portugal&rsquo...

_








Member of BC Press Council


22581