Company type | Public company |
---|---|
TSX: TCW | |
Industry | Oilfield Services |
Founded | April 11, 1979 |
Headquarters | , |
Key people | Brad Fadora, CEO |
Revenue | $110 million (Q2 2019) |
-$28 million (Q2 2019) | |
Total assets | $959 million (Q2 2019) |
Total equity | $794 million (Q2 2019) |
Website | www |
Footnotes /references [1] |
Trican Well Service Ltd. is a provider of oilfield services, including acidizing, coiled tubing, fracturing, nitrogen pumping, cementing, microseismic, and industrial services. It is headquartered in Calgary, Alberta, Canada, with operations in Alberta, British Columbia, Manitoba, and Saskatchewan, as well as in the United States.
Trican Well Service was founded on April 11, 1979. Until 1997, it primarily operated in the Lloydminster, Alberta area and the Kindersley, Saskatchewan area. [2]
In December 1996, the company became a public company and changed its management. [2]
In January 2013, the company acquired i-TEC Well Solutions. [3]
In 2015, the company sold its Russian operations to Rosneft for $197 million. It also suspended operations in Australia, Algeria, Saudi Arabia, and Colombia to cut costs. In 2016, the company sold its United States hydraulic fracturing business to Keane Group. [4]
In June 2017, the company acquired Canyon Technical Services. [5]
Alberta is one of the thirteen provinces and territories of Canada. It is a part of Western Canada and is one of the three prairie provinces. Alberta borders British Columbia to the west, Saskatchewan to the east, the Northwest Territories to the north, and the U.S. state of Montana to the south. It is one of the only two landlocked provinces in Canada, with Saskatchewan being the other. The eastern part of the province is occupied by the Great Plains, while the western part borders the Rocky Mountains. The province has a predominantly continental climate but experiences quick temperature changes due to air aridity. Seasonal temperature swings are less pronounced in western Alberta due to occasional Chinook winds.
Sun Media Corporation was the owner of several tabloid and broadsheet newspapers in Canada and the 49 percent owner of the now defunct Sun News Network. It was a subsidiary of Quebecor Media.
Ovintiv Inc. is an American independent petroleum company. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana. Ovintiv is incorporated in Delaware and headquartered in Denver, Colorado.
Baker Hughes Company is an American energy company based in Houston, Texas. As one of the world's largest oil field services companies, it provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting. It operates in over 120 countries, with research and manufacturing facilities in Australia, Singapore, Malaysia, India, Dubai, Saudi Arabia, Italy, Germany, Norway, Oklahoma, Louisiana and Missouri. From 2017 to 2020, the company was majority owned by General Electric (GE); however, GE no longer owns an economic stake in the company. The company is incorporated in Delaware.
ATCO Ltd., operating as the ATCO Group, is a publicly-traded Canadian engineering, logistics and energy holding company based in Calgary, Alberta. ATCO's subsidiaries include electric utilities, natural gas production and distribution companies, and construction companies.
Shaw Communications Inc. was a Canadian telecommunications company which provided telephone, Internet, television, and mobile services. The company was founded in 1966 as Capital Cable Television Company, Ltd. by JR Shaw in Edmonton. The company was acquired by and amalgamated into Rogers Communications in 2023; most operations were rebranded to the Rogers brand beginning in July of that year.
The Jim Pattison Group is a Canadian conglomerate based in Vancouver. In a recent survey by the Financial Post, the firm was ranked as Canada's 62nd largest company. Jim Pattison, a Vancouver-based entrepreneur, is the chairman, CEO, and sole owner of the company. The Jim Pattison Group, Canada's second largest privately held company, has more than 45,000 employees worldwide, and annual sales of $10.1 billion based on investments in Canada, the U.S., Mexico, Europe, Asia and Australia. The Group is active in 25 divisions, according to Forbes, including packaging, food, forestry products.
Calfrac Well Services Ltd. is an oilfield services company operating in Canada, the United States, and Argentina. Services include hydraulic fracturing, coiled tubing, cementing and other well stimulation techniques designed to help increase the production of oil and natural gas.
CTV 2 Alberta is a Canadian English language entertainment and former educational television channel in the province of Alberta. Owned by the Bell Media subsidiary of BCE Inc., it operates as a de facto owned-and-operated station of its secondary CTV 2 television system.
BJ Energy Solutions was founded in 1872 as the Byron Jackson Company in Woodland, California, by inventor Byron Jackson.
WellPoint Systems Inc., a Calgary-based private company, develops and supports software packages for the energy industry. The company's software is used in various applications including oil marketing, asset management and operations management. WellPoint's energy software suite utilizes Dynamics AX and .NET architectures. The company also provides software and services under the BOLO, IDEAS International and iSoft brands.
Packers Plus Energy Services, Inc. is a privately held, Calgary-based oil and gas service company. The company is the innovator of StackFRAC, an open hole multi-stage ball drop completion system. Packers Plus was founded in 2000 by Dan Themig, Ken Paltzat and Peter Krabben. Stuart Wilson is President and CEO of the company. Packers Plus' patent on the StackFRAC system was invalidated by a Canadian Federal Court judge in December 2017. The judge's decision stemmed from his conclusion that the StackFRAC technology was "obvious to skilled persons". Packers Plus has appealed this ruling.
Cenovus Energy Inc. is a Canadian integrated oil and natural gas company headquartered in Calgary, Alberta. Its offices are located at Brookfield Place, having completed a move from the neighbouring Bow in 2019.
Helix Energy Solutions Inc., known as Cal Dive International prior to 2006, is an American oil and gas services company headquartered in Houston, Texas. The company is a global provider of offshore services in well intervention and ROV operations of new and existing oil and gas fields.
Postmedia Network Canada Corp. is a foreign-owned Canadian-based media conglomerate consisting of the publishing properties of the former Canwest, with primary operations in English-language newspaper publishing, news gathering and Internet operations. It is best known for being the owner of the National Post and the Financial Post. The company is headquartered at Postmedia Place on Bloor Street in Toronto.
Baytex Energy Corp. is an energy company based in Calgary, Alberta. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex's common shares trade on the Toronto Stock Exchange and on the New York Stock Exchange under the symbol BTE.
Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process industries. Cameron was acquired by Schlumberger (SLB) in 2016, and now operates as 'Cameron, an SLB Company.' At the start of the SLB acquisition in 2015, Cameron employed approximately 23,000 people and delivered $9.8 billion in revenue.
Canadian Natural Resources Limited, or CNRL or Canadian Natural is a senior Canadian oil and natural gas company that operates primarily in the Western Canadian provinces of British Columbia, Alberta, Saskatchewan, and Manitoba, with offshore operations in the United Kingdom sector of the North Sea, and offshore Côte d'Ivoire and Gabon. The company, which is headquartered in Calgary, Alberta, has the largest undeveloped base in the Western Canadian Sedimentary Basin. It is the largest independent producer of natural gas in Western Canada and the largest producer of heavy crude oil in Canada.
Fracking in Canada was first used in Alberta in 1953 to extract hydrocarbons from the giant Pembina oil field, the biggest conventional oil field in Alberta, which would have produced very little oil without fracturing. Since then, over 170,000 oil and gas wells have been fractured in Western Canada. Fracking is a process that stimulates natural gas or oil in wellbores to flow more easily by subjecting hydrocarbon reservoirs to pressure through the injection of fluids or gas at depth causing the rock to fracture or to widen existing cracks.
Whitecap Resources is a Canadian public oil company based in Calgary, Alberta, with operations in Alberta, Saskatchewan, and British Columbia. In 2018, it produced 74,415 barrels of energy per day, with 85% of production consisting of crude oil and other liquids. It is listed on the Toronto Stock Exchange.