Welcome to CanadaTech
CanadaTech is a technology company that develops and deploys proprietary solutions targeting production performance and well integrity of oil and gas wells. These solutions are based on fiber optic technology suitable for deployment both locally in Canada and overseas.
An Integrated Solutions Provider
CanadaTech’s subsidiary company, WellSense Energy Ltd., can effectively execute various remedial well operations using coil tubing, E-line, and perforation. CanadaTech’s services target life-of-well diagnostics as well as production enhancement, all delivered with maximum operational and cost efficiency. Fibre optic technology provides real-time passive measurement that enables accurate diagnostics for well problems, whether it is a well integrity or a reservoir delivery issue.
Using a blend of expertise and technology, we create fit-for-purpose solutions for wells and reservoir challenges.
The CanadaTech team can conduct well reviews which distinguish wells for abandonment from wells for increasing production.
Advances in fibre optics technology enables CanadaTech to utilize cutting-edge fibre and optical interrogators for along-the-well imaging and precise diagnostics to well problems.
Industry News
Canada’s weekly rig count at 193
Canada averaged 193 active drilling rigs this week according to data from the Canadian Association of Energy Contractors. Of those rigs, 34% are drill...
Week in Review – Stock gainers/fallers and most read articles
Welcome to the BOE Report’s Week in Review! Did you miss something this week? We’ve got you covered. Check out any BOE Intel articles that you mis...
US oil and gas rigs fall in Q1, first quarterly drop since 2020
U.S. energy firms this week cut the number of oil and natural gas rigs, with the quarterly count dropping for the first time since 2020, energy servic...
Oil rises as China factory activity expansion lifts demand hopes
Oil prices climbed in early Asian trade on Friday as sentiment was boosted by an expansion in factory activity in China, the world’s second-larg...
U.S. natgas jumps 5%, but still on track for record quarterly loss
U.S. natural gas futures jumped about 5% to a one-week high on Friday on forecasts for more demand next week than previously expected with rising amou...
Prairie Provident Resources announces closing of $5 million second lien financing
CALGARY, Alberta – Prairie Provident Resources Inc. (TSX: PPR) (“Prairie Provident” or the “Company”) is pleased to anno...