This page features up-to-date Tallman Geological Consulting Ltd. company information, energy industry updates, and the latest blog posts from members of our team. It pays to stay informed.

  • OPEC to Canada: Build pipelines or watch investment flow south

    10 July 2018

    CALGARY, Alberta (Reuters) – The president of OPEC urged Canada on Tuesday to invest in infrastructure to move oil and gas, or risk watching investment flow away to the United States.

    The Canadian government agreed in May to buy the Trans Mountain oil pipeline and a related expansion project from Kinder Morgan Canada (KML.TO) for $4.5 billion, highlighting the lengths deemed necessary to overcome stiff opposition to such projects.

    Insufficient space in the country’s oil pipelines has deepened the discount Canada’s heavy crude can attract from U.S. refiners, compared with U.S. light oil futures.

    “If you don’t have the major infrastructure, investors are going to go to your neighbor, where infrastructure is not an issue,” said Organization of the Petroleum Exporting Countries President Suhail al-Mazrouei. “Act and act quickly if you want to retain those investors. I am being frank because I want to be a true friend to the Canadians.”

    “I don’t want them to lose opportunities.”

    Mazrouei was speaking in Calgary at a TD investor conference during the city’s Stampede, an annual rodeo that is also the year’s major meet and greet for Canada’s energy sector.

    Mazrouei, the United Arab Emirates’ energy minister, also singled out Canada’s low-priced natural gas. Much of it is produced in landlocked Alberta, and the country lacks a robust liquefied natural gas (LNG) export sector to consume it.

    LNG Canada, a proposed C$40 billion export facility for the British Columbia coast, is being reviewed by its joint venture partners ahead of a final investment decision.

    “The solution is LNG and pipelines to export that natural gas,” Mazrouei said. “If you provide optionality for the gas, it’s going to fix itself.”

  • Several oil companies pick up their drilling game in Saskatchewan

    27 June 2018

    Saskatchewan’s active drilling rig count was 46 as of June 27, according to sister publication Rig Locator ( A total of 23 co

  • New law would allow Alberta to restrict flow of oil and gas as Trans Mountain battle escalates

    16 April 2018

    Alberta has granted sweeping new powers to its energy minister as the province ups the ante in its trade war with British Columbia

    CALGARY — Alberta h

  • Oil and gas spending drop linked to competitiveness gap with the United States

    28 February 2018

    CALGARY — Canada’s competitive disadvantage with the United States is being reflected in lower spending plans by oil and gas producers, and Tuesday’s

  • We need pipelines - not barricades CAPP urges Ottawa as energy investors dump Canada

    26 February 2018

    For nearly four years, Canada’s oil and gas sector has kept a low profile while managing two devastating blows — the collapse in oil prices and the barrage of environmental policies by

  • Saskatchewan advantage means oil activity surges while Alberta lags

    20 July 2017

    One mile away from the Alberta border, on land in Saskatchewan owne

  • OPEC agrees to first oil output cut in eight years

    28 September 2016

    By Nayla Razzouk, Grant Smith and Angelina Rascouet

    OPEC agreed to cut production for the first time in eight years Wednesday, sending oil prices more than 6 percent higher, as Saudi Ar

  • Saskatchewan a hot market as oilpatch recovers

    4 July 2016

    Investor interest in Saskatchewan partly due to politics but mostly about economics

    A string of deals in the oilpatch suggests some investors are bullish on Saskatchewan

  • Liberal pipeline policy presents 3 key problems

    28 January 2016

    Prime Minister Justin Trudeau hopes that a new approach will provide the public support to finally cut through the Gordian knot that has tied up pipeline development. That was t

  • Lower For Shorter? Looking Back At The 1997-1999 Oil Price Downturn

    13 January 2016

    By Steve Smith, CA and Steve Ripplinger, CFA
    Norrep Capital Management Ltd.

    With oil prices currently hitting new post-2009 lows we wanted to provide some perspective.

  • The Full Alberta Oil Interview with Saskatchewan Premier Brad Wall

    2 September 2015

    When you get this country’s provincial and territorial leaders together in one place for an extended period of time, something interesting is bound to happen. That’s doubly true when th

  • Leaders clash over pipelines during 1st election debate

    6 August 2015

    Pipelines from Alberta's oilsands and Canada's energy exports made for contentious topics during Thursday night's federal leaders' debate.

    The leaders of Canada's four

  • Saskatchewan's Brad Wall questions equalization formula

    5 August 2015

    Saskatchewan Premier Brad Wall set off a debate about equalization — the revenue-sharing formula between Ottawa and the provinces — Wednesday.

    In a series of media interviews,

  • Saskatchewan drilling outlook improves slightly

    31 July 2015

    REGINA — Saskatchewan should see 1,660 oil and gas wells drilled this year, less than half the wells forecast last fall, but 155 more than forecast in April, the Petroleum Services Associatio

  • Premiers set to fast-track oil pipelines while cutting regulatory red tape

    13 July 2015

    Canada’s premiers are poised to sign an agreement to fast-track new oil sands pipelines while watering down commitments to fight climate change.

    The Canadian Energy Strategy will be

  • Crescent Point Energy Corp solidifies its Saskatchewan play with Legacy Oil and Gas Ltd takeover set to close Tuesday

    29 June 2015

    CALGARY – Scott Saxberg has every confidence that his company’s $1.53-billion takeover of Legacy Oil and Gas Ltd. will go through as expected on Tuesday, and Crescent Point Energy Corp.

  • Alberta Energy Royalties and Carbon Policy Back Under Microscope

    27 June 2015

    A week of change brings uncertainty to the province's energy industry

    First, a change to the energy regulator, then a carbon tax change, now a royalty review. It was

  • Who are the takeover targets as energy money moves out of Alberta

    22 June 2015

    The uncertainty surrounding Alberta’s policy on oil and gas royalties has already caused several companies to shift capital into other provinces, and this should come as no surprise.

  • Mexico takes on Major-League economic overhaul

    22 April 2015

    The uncertainty surrounding Alberta’s policy on oil and gas royalties has already caused several companies to shift capital into other provinces, and this should come as no surprise.

  • Crescent Point Energy Corp. To Overhaul executive Compensation

    20 April 2015

    Crescent Point Energy Corp. is overhauling its approach to executive compensation as a result of a less-than-desirable outcome of a “say on pay” vote, as the movement increasingly chang

  • 'We are just good plumbers': The man who sold beaumont energy for half a billion despite oilpatch gloom

    24 March 2015

    Robert Chaisson may be the happiest man in Calgary.

    Amid the impenetrable gloom descending on Canada’s oil capital, the chief executive officer of privately owned Beaumont Energy In

  • Crescent Point Ready to Buy; Adds $1 Billion to Credit Line

    11 March 2015

    Acquisitive intermediate Crescent Point Energy Corp. said Wednesday it has added $1 billion in credit capacity as it announced production results from an active fourth quarter that matched analyst

  • Sask. Ranks 1st in Canada, 2nd in World

    25 February 2015

    By Bruce Johnstone, Leader-Post February 25, 2015

    Saskatchewan is the best place for mining investment in Canada - ahead of traditional mining powerhouses, like Ontario, Quebec and B.C. -

  • Under Pressure in the Alberta Oil Patch

    20 February 2015

    The letters began showing up at Pat Wilson’s central Alberta truck shop last month – demands from customers to cut rates in the face of rapidly sinking oil prices.

    About 60 pe

  • Impact of Falling Oil Revenues Likely Won't Be As Severe In Saskatchewan

    15 January 2015

    Saskatchewan has more going on than oil, so the impact of oil revenue losses won't be as severe here as it could be in Alberta.

    That's according to the Deputy Chief Economist of t

  • Seattle Seahawks Plenty Pleased with Regina-Born Punter Jon Ryan

    9 January 2015

    RENTON, WASH. - Don't think the punter can have a big impact on a football game?

    Think again. All you had to do was watch the NFC playoff games last weekend to notice that the guys wh

  • Sask. Ranked 3rd Most Attractive Place in World for Oil, Gas Investment

    20 November 2014

    Saskatchewan is the third most attractive place in the world for oil and gas investment, according to the Fraser Institute’s annual Global Petroleum Survey.

    The province topped the

  • Gas Prices Plunging in Saskatchewan

    29 October 2014

    It's a good time to fill up with gas in Saskatchewan.

    According to the website Gas Buddy, prices continue to plunge across the provinces, with Regina Messenger posting prices as low a

  • The Real Crazy Train: Moving Bakken Crude Oil By Rail

    27 October 2014

    GOP gubernatorial candidate Neel Kashkari likes to deride Gov. Jerry Brown’s high-speed rail plan as the Crazy Train, but the loonier rail proposal is the one that would carry explosive Bakke

  • Fall in Oil Prices Could Be Positive For Saskatchewan's Exporters

    22 October 2014

    SASKATOON – Low crude oil prices could have a positive effect on Saskatchewan’s manufacturing industry, according to one University of Saskatchewan professor.

    Rose Olfert, who

  • Collapse in Oil Prices Could Slam Canada's Resource Provinces

    10 October 2014

    Slumping crude prices won’t only affect Canada’s oil companies, but also the provinces they call home.

    BMO Nesbitt Burns has calculated the cost to Alberta, Saskatchewan and N

  • Multiple Refineries are in the Development Stages Throughout the Bakken Formation

    8 October 2014

    On September 15, 2014, Quantum Energy, Inc. based out of Tempe, AZ with an office in Williston, ND, entered into a Strategic Alliance with Bilfinger Westcon Inc. of Bismarck, ND, for the developmen

  • Crescent Point Completes Lighstream Acquisition

    6 October 2014

    Lightstream Resources (formerly Petrobakken Energy) has announced the completion of its previously announced agreement with Crescent Point Energy to sell the remaining assets in Lightstream's s

  • Musings: Challenges of Shale-Driven Boom - Will it Last Long?

    24 September 2014

    This opinion piece presents the opinions of the author. It does not necessarily reflect the views of Rigzone.

    Two items crossed our desk last week that drove us to look closer at what is

  • Former Saskatchewan Oil Minister to Lead Canada Oil Lobby

    18 September 2014

    (Reuters) - Tim McMillan, a one-time Saskatchewan energy minister now serving as its minister of rural health, will replace former Royal Dutch Shell Plc executive Dave Collyer as president of the C

  • Saskatchewan's Torquay Play Slowly Proving Up Its Potential

    16 September 2014

    It’s never enough. Whenever government-run geological surveys release estimates on the potential of the oil-bearing rocks underneath the plains of North Dakota and southern Saskatchewan, oper

  • Four Bakken-Like Plays Emerging Across the Nation's Midsection

    11 September 2014

    Bounded by the Appalachians to the east and the Rockies to the west, North America's midsection is a patchwork of shallow crustal basins separated by uplifts, gentle arches and domes. Over hund

  • Record Capital Stoking the Oil and Gas Industry

    10 September 2014

    Money is being shovelled into the Canadian oil and gas industry like coal into a furnace. Year to date, hot markets have already offered up $19.6-billion to oil and gas producers. By the end of the

  • Crescent Point to Buy Oil-Producing Assets in Saskatchewan and Manitoba

    3 September 2014

    Crescent Point Energy (TSE:CPG), a Canadian light oil producer, said it will acquire oil-producing assets in Saskatchewan and Manitoba as well as undeveloped land from Lightstream Resources Ltd. (T

  • Share Oil Production From Bakken, Eagle Ford Rose 3.4% in July: Platts' Bentek Energy

    21 August 2014

    HEADLINE2Total Production from Prolific Shale Plays Surpasses 2.6 Million Barrels Per Day

    DENVER and HOUSTON, Aug. 21, 2014 /PRNewswire/ -- Oil production from shale formations in North D

  • County Officials Roll Out Welcome Mat for Proposed Bakken Refinery

    20 August 2014

    Yellowstone county officials are rolling out the welcome mat for the developers of a proposed $500 million oil refinery being considered for the Billings area.

    “We’re glad you

  • Getting a piece of the Bakken Pie

    18 August 2014

    WILLISTON, N.D. — Just off Highway 1804, a high grassy slope offers a sweeping view of the epicenter of North Dakota's oil boom.

    Williston, a once-small town that now proclaims

  • Oil Sands Workers See Biggest Salary Raises

    18 August 2014

    CALGARY - For the biggest pay hikes in Canada, look no further than the oilpatch.

    The energy sector continues to lead the country in both actual and projected salary increases, according

  • Oil Production set to Rise in Sept

    12 August 2014

    Reuters reported today that the major plays in the United States are set to raise their production levels by 89,000 barrels per day (bpd) in September. According to the Energy Information Administr

  • Bakken's Impact Internationally

    11 August 2014

    JACKSON HOLE, Wyo. — Ward Koeser recently ended a 20-year run as mayor of Williston, N.D. Looking back, Koeser could see the evolution of the Bakken’s global appeal.

    He recall

  • Focus On Oil Expected To Result in North American Production Growth

    14 August 2011

    The focus on oil drilling in Western Canada and the United States is expected to help boost oil production in North America over the next five years, growth that is being fuelled by higher oil pric