Active rigs:
$40.86 | 7/17/2020 | 07/17/2019 | 07/17/2018 | 07/17/2017 | 07/17/2016 |
---|---|---|---|---|---|
Active Rigs | 10 | 56 | 69 | 59 | 29 |
Operators with active rigs:
- BR (2)
- CLR (2)
- WPX (2)
- MRO (0) -- dropped one
- Petro-Hunt
- Hess
- Slawson (2) -- adds one
- XTO (0) -- dropped one
- 36488, drl/A, Hess, TI-Stenbak-158-95-2526H-2, Tioga, t--; cum 66K 5/20; started producing 1/20;
- 36391, SI/A, Whiting, Ogden 12-3-3H, Sanish, t--; cum 78K 5/20; started producing 1/20;
In many parts of the world, the shift away from coal-fired to natural gas-fired generation and renewables has been gaining momentum in an attempt to curtail the output of carbon dioxide (CO2) and other greenhouse gases. The Canadian province of Alberta kicked off such an initiative in 2016 to eliminate all of its coal-fired power generation sources and replace these with either gas-fired plants, wind farms, or solar by 2030. In the past two years, the province’s major electric utilities and independent power producers (IPPs) have been accelerating these plans, such that the complete phase-out of coal will be accomplished many years in advance of the original deadline. Today, we consider this transition and highlight what should be a pivotal year for Alberta’s use of natural gas in power generation.
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