Obsidian Energy Brings Energy Solutions To Canada

Canada is known as an energy powerhouse. In fact, there are many Canadian companies that are able to turn the country’s natural resources into valuable and affordable energy to the people in the North American region. One of those companies, Obsidian Energy, has emerged to become one of the more notable mid-sized Canadian energy producers.


So what does Obsidian Energy do? Well, the company operates a number of oil and gas producing facilities in the Alberta providence. The company uses a number of different methods to get the crude oil out of the ground. These different methods are designed to keep cost low and maximize the profitability of the company.


Formerly known as Penn West Petroleum Limited, Obsidian Energy has emerged as the “new kid on the block” with an experienced team of energy executives. With multiple facilities producing over 23,000 barrels of oil equivalent (boe) per day, Obsidian is one of the more productive mid-sized energy currently operating in North America.


Currently, Obsidian is managing three operations. The largest of the three operations, Cardium, is located just outside of Edmonton. This operation uses a waterflood approach to which helps reduce the decline rates of the wells. Overall, the Cardium operation produces over 17,000 boe per day.


To the north of the Cardium operation is Peace River facility which uses a cold flow manufacturing process. Operating as a joint venture with the China Investment Corporation, Peace River is a profitable partnership with one of the best funded Asian investment groups. The Peace River operation is currently producing over 4,800 boe per day.


Finally, there is the Alberta Viking operation located in the southern part of the Alberta Providence. With ownership of a large infrastructure, Alberta Viking is able to operate with a structural advantage over many other light oil and gas operations. Today, Alberta Viking is able to produce over 1,700 boe per day. View Additional Info Here.


With three productive facilities, Obsidian Energy is making a name for itself in the Canadian energy industry. With an eye on profitability and growth, the company will seek to make continued progress into the 21st century.



View Source: http://calgaryherald.com/business/energy/restructured-penn-west-proposes-name-change-to-obsidian-energy

Stream Energy And The World Of Coal

Coal, formerly one of the most popular sources of energy on planet Earth, is losing its tight grasp over the energy industry as time marches onwards. In the United States alone, coal was the most popular energy source as recently as 2012. It then accounted for, give or take, 40 percent of all electricity and other power generated in the United States of America.


Just a handful of years later, coal was overtaken as the go-to source of energy by natural gas. Although both cause environmental harm – namely climate change, which is composed of various effects – natural gas isn’t nearly as heavy on planet Earth as its coal counterpart is.


Much to the chagrin of alternative energy advocates like Stream Energy, power sourced from sunlight through solar panels and harnessed from naturally-occurring wind via windmill turbines are becoming increasingly popular in not just the United States of America, but the world at large.


Stream Energy is proud to provide eight states across the Southeast, Midwest, and Northeast regions of the United States with alternative energy sources that are considered much more effective than coal and other petrochemical sources of energy. It is able to find so many customers through direct selling approaches, which are aided by the fact its Dallas headquarters has a whopping 250-odd employee helping its contractors offer affordable services to its many thousands of customers.


The United States government enacted a piece of legislature called the Clean Power Plan back in 2016 that required power plants using coal as its main source of power to cut down on the use of coal. That same year, coal plants collectively toned down their output by astounding 13,000 megawatts, with the amount shifting downwards in 2017, as well. Get More Information Here.


Several coal mines and power plants have shut down in recent years, especially since the Clean Power Plan, with something like 200-odd factories shutting down their operations entirely, with many more filing for bankruptcy.


Stream was created in 2005 and also offers phone, surveillance, and other services. Stream Energy is a staunch advocate of clean, renewable, alternative energy.


Stream continues to partner with Hope Supply Co., a Dallas-based non-profit organization that is devoted exclusively to providing critically needed items and programs to enhance the lives of homeless children in North Texas.


More on: https://www.indeed.com/q-Stream-Energy-l-Dallas,-TX-jobs.html