Based in Calgary, David Yager is a former oilfield services executive and the principal of Yager Management Ltd., an oilfield services management consultancy. He has been writing about the upstream oil and gas industry and energy policy and issues since 1979.
Hardly a day goes by without another media report about the impending demise of the Internal Combustion Engine (ICE) as petroleum powered cars and trucks…
The old saying goes, “The road to hell is paved with good intentions”. And so it goes for the myriad of new regulations, taxes and…
For an industry suffering from Post-Traumatic Stress Disorder (PTSD) almost 2.5 years after the oil price collapse, May 4 was a very long day. Having…
The current discussion about the future of oil is how soon will it be before petroleum becomes a sunset industry. If it isn’t already. Flat…
The old saying goes, “Everything’s bigger in Texas”. The latest subject of this axiom is the legendary Permian Basin. The recent headlines have been eye-popping.…
The Baker Hughes North American Rotary Rig Count wallowed in relative obscurity among the world’s business writers for decades. The Hughes in Baker Hughes is…
There was a time when if a Canadian exploration and production (E&P) company bought out a foreign-controlled competitor, it was not only good for the…
There cannot be a more valuable natural resource in the world that has been subjected to more attacks and criticism than Canada’s oil sands. James…
The old saying goes in the investment business, “when the ducks are quacking you feed them”. And so it goes for Canadian publicly traded oilfield…
On the day of U.S. President Donald Trump’s inauguration the official White House website was rewritten including 361 brief words outlining the future of American…
It is once again acceptable to be rich and successful. You are not a menace to the future of mankind. You are a key building…
Based entirely on higher oil and gas prices and the need for exploration and production (E&P) companies to replace reserves to stay in business, Canada’s…
Even with oil barely over half of what it fetched in June of 2014 and the active drilling rig count doing better than (December 20,…
Pipelines in North America have been headline news for years and this is only going to escalate. Will they? Won’t they? Growing opposition is leading…
Today marks the end of what has been one of the best weeks in two years for positive news for Canada’s battered upstream oil and…
“It is picking up now but I can’t make payroll with the increased work. Got a spare million laying around?” This is the email response…
The greatest gift to shareholders of a vast array of global oilfield services (OFS) firms in the past 20 years has been the entry of…
The treaty to reduce carbon emissions negotiated in Paris a year ago (COP21) officially comes into force today. Countries representing 55 percent of global emissions…
As the September 26 to 28 “informal” meeting of OPEC producers in Algeria draws near, media speculation could easily cause mental anguish. On oil news…
At the conclusion of the G20 conference in China this month, the assembled countries pledged yet again to end fossil fuel subsidies. An action…