Top 10 Oil and Gas Services Providers in Canada - 2024

The oil and gas sector is undergoing a significant transformation, propelled by various influential trends. Although technological advancements are pivotal, sustainability efforts, regulatory constraints and market dynamics also substantially impact the industry. As businesses maneuver through these intricacies, they must adopt inventive strategies to excel in this evolving environment.

Digital technologies like AI, IoT and big data drive operational efficiency and enhance safety measures in the space, helping businesses significantly cut costs. Robotics has become an integral part of oilfield services, particularly in offshore platforms and refineries, where they are utilized for inspections and maintenance tasks that are hazardous or expensive for human workers.

There is also a growing trend among companies to incorporate environmental, social and governance strategies into their operations. By integrating these initiatives into their business models, they reinforce corporate responsibility while positioning themselves advantageously in a market that prioritizes sustainable practices and transparency.

The global oil and gas market size is expected to reach $8,917.40 billion by 2031, growing at a CAGR of 3.68 percent from 2024 to 2031. Increasing scrutiny over carbon footprint and emissions and expanding liquefied natural gas capabilities are driving the market’s growth. Investment in liquefied natural gas infrastructure has emerged as a key trend in the market, fostered by the pressing need to meet growing energy demands while transitioning to cleaner energy sources.

In this edition of Energy Business Review Canada, we explore the sector’s recent developments and how companies harness cuttingedge technologies to offer top-notch services.

We feature insights from industry experts like David Harmon, CIO at Oil States International, who suggests post-merger integration strategies, stakeholder-based strategies, product assessments and process optimization to improve business processes and industry insights in ERP systems. We also feature Mark Hutcherson, director of low-carbon projects and technology at ConocoPhillips, who highlights the adoption of drones to optimize operations, reduce human error and lower costs.

In this edition, featuring the Top Oil and Gas Services Providers in Canada 2024, we aim to help you find the right partner for your business requirements.

Oil and Gas - 2024

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Sundown Oilfield Services

Sundown Oilfield Services is an oilfield services company that provides pipeline construction, maintenance and facility fabrication. Known for its steadfast commitment to safety, quality, and innovation, it delivers exceptional results across northern Alberta and British Columbia.

Our success can be attributed to the dedication of our workforce and their uncompromising focus on safety

Elden Nelson and Dean Arias, Owners
Canacol Energy

Canacol Energy is Colombia’s most prominent independent onshore natural gas exploration and production company, supplying 17% of the country’s gas needs. The company aims to maximize shareholder returns while demonstrating commitment to the environment, communities, and corporate governance.
Birchcliff Energy

Birchcliff Energy, a Calgary-based oil and natural gas company, operates in the Montney/Doig Resource Play in Alberta, primarily in the Peace River Arch area, a highly desirable natural gas and light oil drilling area in North America.
Bonterra Energy

Bonterra operates primarily in the Pembina Cardium field in Alberta, Canada, with stable Cardium production and low-risk drilling locations. It also has two emerging light oil core areas, Charlie Lake and Montney, with high growth potential and free funds flow opportunities.
$Calfrac Well Services$

Calfrac Well Services

Calfrac Well Services, founded in 1999, has grown organically and strategically since then, entering both conventional and unconventional oil and gas markets. The company has expanded from Canada to the United States and Argentina, each driven by corporate expertise and local management teams, ensuring successful operations.
Ensign Energy Services

Ensign Energy Services, established in 1987, is a leading oilfield service provider offering premium services like contract drilling, directional drilling, underbalanced pressure drilling, rental equipment, well servicing, and production services across Canada, the United States, Latin America, the Middle East, and Australia.
Journey Energy

Journey Energy is an Alberta-based oil exploration and production company focusing on sustainable value creation through responsible development and growth of low-decline assets. Its success is built on its people, industry, knowledge, and high-quality assets.
NuVista Energy

NuVista Energy is a Canadian oil and natural gas company focused on the scalable Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin. Its high-value condensate volumes and extensive scope of the resource play could create significant shareholder value.
Sintana Energy

Sintana Energy is a leading company in petroleum and natural gas exploration and development. Its diverse asset portfolio includes five large offshore licenses in the Walvis and Orange Basins, one onshore petroleum exploration license in Namibia, and the VMM-37 in Colombia.
Trican

Trican, the largest Canadian well service company, provides solutions for drilling, completion, and production cycles in the oil and gas industry in Western Canada. Based in Calgary, it focuses on continuous improvement, safety, efficiency, and environmental impact reduction.
Sundown Oilfield Services

Sundown Oilfield Services is an oilfield services company that provides pipeline construction, maintenance and facility fabrication. Known for its steadfast commitment to safety, quality, and innovation, it delivers exceptional results across northern Alberta and British Columbia.
Our success can be attributed to the dedication of our workforce and their uncompromising focus on safety

Elden Nelson and Dean Arias, Owners
Canacol Energy

Canacol Energy is Colombia’s most prominent independent onshore natural gas exploration and production company, supplying 17% of the country’s gas needs. The company aims to maximize shareholder returns while demonstrating commitment to the environment, communities, and corporate governance.
...
Birchcliff Energy

Birchcliff Energy, a Calgary-based oil and natural gas company, operates in the Montney/Doig Resource Play in Alberta, primarily in the Peace River Arch area, a highly desirable natural gas and light oil drilling area in North America.
...
Bonterra Energy

Bonterra operates primarily in the Pembina Cardium field in Alberta, Canada, with stable Cardium production and low-risk drilling locations. It also has two emerging light oil core areas, Charlie Lake and Montney, with high growth potential and free funds flow opportunities.
...
Calfrac Well Services

Calfrac Well Services, founded in 1999, has grown organically and strategically since then, entering both conventional and unconventional oil and gas markets. The company has expanded from Canada to the United States and Argentina, each driven by corporate expertise and local management teams, ensuring successful operations.
...
Ensign Energy Services

Ensign Energy Services, established in 1987, is a leading oilfield service provider offering premium services like contract drilling, directional drilling, underbalanced pressure drilling, rental equipment, well servicing, and production services across Canada, the United States, Latin America, the Middle East, and Australia.
...
Journey Energy

Journey Energy is an Alberta-based oil exploration and production company focusing on sustainable value creation through responsible development and growth of low-decline assets. Its success is built on its people, industry, knowledge, and high-quality assets.
...
NuVista Energy

NuVista Energy is a Canadian oil and natural gas company focused on the scalable Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin. Its high-value condensate volumes and extensive scope of the resource play could create significant shareholder value.
...
Sintana Energy

Sintana Energy is a leading company in petroleum and natural gas exploration and development. Its diverse asset portfolio includes five large offshore licenses in the Walvis and Orange Basins, one onshore petroleum exploration license in Namibia, and the VMM-37 in Colombia.
...
Trican

Trican, the largest Canadian well service company, provides solutions for drilling, completion, and production cycles in the oil and gas industry in Western Canada. Based in Calgary, it focuses on continuous improvement, safety, efficiency, and environmental impact reduction.
...