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.
Read more Business News
- Medical issue sends SUV into creekKelowna - 3:55 pm
- Charged with manslaughterVernon / N. Okanagan - 9:00 am
- Jail time for high speed crashKelowna - 10:30 am
- Mysterious package at cop shopPenticton / S. Okanagan - 12:00 pm
|QHR Technologies Inc||1.19||0.00|
|Anavex Life Sciences||0.25||+0.01|
|Copper Mountain Mining||2.93||+0.02|
|Sunrise Resources Ltd||0.025||0.00|
|Mission Ready Services||0.245||-0.005|
Apple has taught many entrepreneurs the importance of design, how to create buzz when introducing new products to the marketplace, how to pioneer new technology and the importance of superior quality....
Move over “big guys” there’s a new brokerage in town featuring local expertise, long standing experience and a fresh boutique approach. Kelowna, August 31 2014 – You may have...
There are several things to consider when deciding how much home to buy. 1. Draw up a budget including the new mortgage payments. While the rules used by most lenders require that the mortgage paym...