Expertise in Action

Sproule ERCE Rides in the 2026 Enbridge Tour Alberta for Cancer
A Record-Breaking Team Effort This past weekend, 28 riders representing Sproule ERCE took part in the Enbridge Tour Alberta for…

Engage with Sproule ERCE Experts | June 2026

Engage with Sproule ERCE Experts | May 2026

Turning Rock Into Heat: Oranjeoord‑01 Study Unlocks Low‑Temperature Direct Use Geothermal Potential
A new integrated reservoir study based on recently acquired data from the Oranjeoord‑01 (ORO‑01) exploratory well provides critical new insight…

Transforming the Rotterdam Harbor Industrial Cluster into Europe’s Renewable Carbon Hub
Sproule ERCE’s Decision Advisory business stream, in collaboration with Industry’s Drawing Room, completed a strategic assessment to support the Rotterdam…

Engage with Sproule ERCE Experts | April 2026

International Women’s Day 2026
Recognizing International Women’s Day 2026 Sproule ERCE acknowledges International Women’s Day, observed globally on March 8, to recognize the social,…

Sproule ERCE Refines Geothermal Advisory Focus
As of 1 January 2026, Well Engineering Partners (WEP) has acquired the operational and production-focused geothermal activities of Sproule ERCE….

CPR for Sintana Energy AIM Admission
Calgary, London, The Hague – Sproule ERCE is proud to support the recent admission of Sintana Energy Inc. to the AIM…

Happy Holidays from Sproule ERCE Energy Consultants
Based Energy Consultants Supporting a Changing Energy System As we celebrate the holiday season, the team of global energy consultants…

Sproule ERCE Expands in Mexico City
Larger Office to Support Energy Consulting Across Latin America Sproule ERCE is pleased to announce the opening of a larger…

Latin America Energy Balance 2025: A Year of Evolution and Regional Rebalancing
2025 is now behind us, and this is a good time to summarize the main developments in the energy sector…

Sproule and ERCE Announce Strategic Merger, Enhancing Global Energy Expertise, April 2025
Sproule and ERCE Announce Strategic Merger, Enhancing Global Energy Expertise CALGARY, CANADA & LONDON, UK, April 8, 2025 – Sproule…

Sproule ERCE Wins IJGlobal CCS Deal of the Year
London, UK – October 2025 — Sproule ERCE is proud to announce its recognition at the IJGlobal ESG Awards, receiving…

Manual 23 Updates
Sproule ERCE’s latest Trilemma episode dives into the Alberta Energy Regulator’s (AER) recent updates to Manual 23 and their impact on asset…

Sproule ERCE Launches Energy Insights to Help Navigate the Future of Energy
CALGARY, Canada – June 25 2024 – Sproule ERCE, a leading global energy consulting and advisory firm, is pleased to…

Sproule and ERCE Announce Strategic Merger, Enhancing Global Energy Expertise
CALGARY, CANADA & LONDON, UK, March 26, 2025 – Sproule and ERCE are thrilled to announce a strategic merger, combining…

Client FAQ: Sproule and ERCE Strategic Merger
1. Why are Sproule and ERCE joining forces? This merger aligns with the corporate strategy of both firms to enhance…

Latin America and Caribbean Energy Outlook Report 2025
From Brazil’s offshore oil fields to Argentina’s unconventional production boom, Latin America and the Caribbean remain at the forefront of…

Sproule ERCE November 2024 Gas Market Update
Natural gas continues to play a pivotal role in the energy landscape, serving as an energy transition tool and a…

CCS4G 17 December 2024, Super-Critical Implementation
ERCE to Attend CCS4G Symposium 2024: Super-Critical ImplementationERCE is excited to participate in the CCS4G Symposium 2024 – “Super-Critical Implementation:…

H-Nat 25-26 November 2024
ERCE to Attend H-Nat 2024: Shaping the Future of Natural Hydrogen ExplorationERCE is thrilled to announce our participation in H-Nat…

NCS Exploration Strategy 20-21 November 2024
ERCE to Attend NCS Exploration Strategy 2024ERCE’s Dawn Houliston, Head of Petrophysics, will be attending the NCS Exploration Strategy conference,…

PETEX 19-20 November 2024
ERCE at PETEX 2024: Shaping the Future of Energy GeoscienceWe’re thrilled to announce that ERCE will be attending PETEX 2024,…

Energy Group Geothermal Symposium 11-13 November 2024
Unlocking the Earth’s Heat: ERCE at the 11th UK Geothermal SymposiumERCE is proud to be a sponsor and active participant…

Africa Energy Week 4-8 November 2024
ERCE to Attend African Energy Week (AEW) 2024 in Cape TownERCE is excited to participate in African Energy Week (AEW)…

GET 2024 4-7 November 2024
ERCE to Attend GET2024 Carbon Capture & Storage Conference in RotterdamERCE’s Ellen Mitchell, Managing Consultant, will be attending the 5th…

WECA November 2024
ERCE to Attend World Energy Capital Assembly 2024 in LondonERCE is set to participate in the World Energy Capital Assembly…

The Greenhouse Gas Control Technologies (GHGT) 20-24 October
ERCE to Attend the Greenhouse Gas Control Technology Conference (GHGT-17) in CalgaryERC Evolution announces that Paul Chernik, General Manager, will…

ERCE’s Participation at Japan CCUS 2024 Summit 17 October 2024
ERCE is proud to announce that Aizat Rusli, Country Manager for Malaysia, Ellen Mitchell, Managing Consultant, and Andy Moore, Principal…

CO2 Storage Conference 2024 – SPE & GESGB 1-2 October
Leading the Charge: ERCE at CO2 Storage Conference 2024 in AberdeenERCE is gearing up for the CO2 Storage Conference 2024,…

LPS 26 Sept Old Data New Tricks 19th September 2024
ERCE to Attend London Petrophysical Society Seminar: Old Data, New TricksERCE’s petrophysicists Dawn Houliston, Gabe Lauderdale-Smith, and Jack McLoughlin will…

Fastmarkets European Battery Raw Materials Conference 2024
ERCE to Attend Fastmarkets European Battery Raw Materials Conference 2024 in AmsterdamERCE is gearing up for the Fastmarkets European Battery…

Energy Group – CCS Symposium Characterisation and Monitoring of Containment
ERCE to Attend CCS Symposium on Characterisation and Monitoring of ContainmentERCE’s Ellen Mitchell, Managing Consultant, and Andy Moore, CCS Principal…

ERCE Energy Review Q4 2024
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

Improving Communication in the CCS Sector: Application of the SPE SRMS Framework
ERCE’s experts, Paul Chernik, Ellen Mitchell, and Matteo Caniggia, have co-authored a paper titled “Effective Communication in an Emerging CCS…

Sproule ERCE Market Report: Carbon Market Outlook 2024
Sproule ERCE’s latest Carbon Market Outlook Report explores the dynamic landscape of carbon market initiatives worldwide, offering an in-depth analysis…

Key Takeaways: 3rd EAGE Conference on Carbon Capture & Storage Potential in Perth
Innovations, Challenges, and Industry Insights Following very successful conferences in recent years, the EAGE held their 3rd Conference on Carbon…

Carbon Capture Global Summit 2024
ERCE at Carbon Capture Global Summit 2024: Advancing CCUS Strategies ERCE is set to play an active role at the…

APOGCE
ERCE to Attend APOGCE 2024 in Perth, Australia ERCE is excited to announce our attendance at the upcoming Asia Pacific…

riu Essential Energy
ERCE Attending RIU Essential Energy Conference ERCE is excited to announce that we will be attending the RIU Essential Energy…

Direct Lithium Extraction 2024
ERCE to Attend Direct Lithium Extraction 2024 in Munich We are delighted to announce that ERCE’s Mike Braim, Head of…

3rd AEGE Conference on CCS
ERCE to Attend 3rd EAGE Conference on Carbon Capture and Storage Potential in Perth, Australia ERCE is pleased to announce…

Sproule ERCE Global Upstream M&A Tracker H1 2024
Sproule ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over H1 2024.

ERCE Energy Review Q3 2024
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

2024 Europe Forum on Carbon Capture and Storage
Ellen Mitchell is attending the 2024 Europe Forum on Carbon Capture and Storage next week in Rotterdam.

Jack McLoughlin to present at Seismic 2024
Before starting ERCE as a petrophysicist, Jack McLoughlin completed a summer project with Harbour Energy as part of his MSc in Integrated Petroleum Geoscience at the University of Aberdeen. This project encompassed the characterisation of a shallow gas anomaly in the overburden of the Catcher Field, UKCS. Jack is due to present on his project at the upcoming Seismic 2024 conference in at the P&J Live in Aberdeen this May.

LPS Seminar: Petrophysics Uncertainty
As a proud sponsor of the LPS, ERCE will be attending the Petrophysics Uncertainty seminar on Thursday 6 June 2024 at The Geological Society, Burlington House, London.

LIDW: London International Disputes Week
ERCE’s Head of Expert Services George Lawrence and CEO Johnny Hull will be attending LIDW24, 3-7 June.

ERCE Attending: Energy Group – Tectonic Stress: from the lithosphere to the wellbore
This May (21-22), the Energy Group are hosting a conference on ‘Tectonic Stress: from the lithosphere to the wellbore’ at Burlington House, London and online. ERCE’s Structural Geologists will be in attendance to stay up to date with the latest research and modelling techniques.

DEVEX 2024
ERCE are pleased to be attending DEVEX 2024.

ERCE Energy Review Q2 2024
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

ERCE Energy Review Q1 2024
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

Subsurface Data Analysis of 23 Class VI CCS Programs in the United States
Are you interested in unveiling the critical insights and trends shaping the future of Carbon Capture and Storage (CCS) in…

Sproule ERCE Market Report: Energy Market Outlook 2024
The oil and gas sector has undergone significant transformations in recent years due to global economic shifts and local conflicts….

Sproule ERCE Market Report: Latin America Energy Outlook 2024
From the natural gas reserves of Mexico to the offshore explorations of Tierra del Fuego, energy in Latin America and…

Sproule ERCE Global Upstream M&A Tracker H2 2023
Sproule ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over H2 2023.

ERCE Energy Review Q4 2023
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

Lithium Market Outlook – North America 2023
Lithium is a crucial metal in the battery value chain given its exceptional energy density and lightweight properties. However, as…

Navigating the Tax Landscape 2023
US oil and gas companies are potentially subject to state and local taxation. Oil, gas, and other natural resource tax…

Sproule ERCE Global Upstream M&A Tracker H1 2023
Sproule ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over H1 2023.

ERCE Energy Review Q3 2023
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

Interactive Map: Alberta’s Geothermal Potential
Harness the Power of Geothermal Energy for Sustainable Thermal Solutions with Sproule’s Interactive Map CALGARY, Alberta, CANADA – May 10,…

ERCE Expands Operations To Canada With New Office in Calgary
Calgary, Canada – ERCE, a leading independent energy, climate and sustainabilty consultancy, announced today the opening of its new office…

ERCE Energy Review Q2 2023
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

ERCE Geophysics
ERCE can provide the expertise to help extract the greatest value from your data. We select and run only the workflows you need to provide cost-efficient, task- appropriate solutions.

Sproule ERCE Market Report: Global Energy Market Outlook 2023
Over the past year, oil and gas prices around the globe have faced extreme volatility driven by inflation, recession risks,…

ERCE engages in European first as Harbour Energy books CO2 storage resources
ERCE has completed Europe’s first public independent report of its kind, as Harbour Energy books CO2 storage resources in accordance with the SPE Storage Resource Management System (SRMS). Alongside this news, ERCE also launches its new single masterbrand.

SEAPEX
ERCE are excited to be a sponsor of SEAPEX 2023. James Culley and our APAC team will be in attendance.

Sproule ERCE Market Report: 2023 Latin America Energy Outlook Report
The Latin American and Caribbean Energy Outlook provides a comprehensive industry overview, including significant events of 2022 and critical developments…

ERC Evolution Sponsors Frontier Energy Network Events
ERC Evolution sponsored two Frontier Energy Network events coming up in 2021.

ERC Evolution Completes GHG Inventory Assurance and Advisory Work with IPC
ERC Evolution Completes GHG Inventory Assurance and Advisory Work with IPC.

ERC Evolution GHG Inventory Workshop with Nephin Energy
ERC Evolution completed two half-day GHG workshops with Nephin Energy to provide the knowledge required as they set climate action and sustainability goals for the business.

IPCC Sixth Assessment Report Global Warming Potentials
The new Sixth Assessment Report from the IPCC (AR6) has caused headlines around the world and stresses the urgency of the climate challenge.

Navigating the European Union Carbon Border Adjustment Mechanism
Carbon must have its price – because nature cannot pay the price anymore

The UK Energy Crisis
Time to prioritise energy storage?

COP26 Roundup
What did it all mean for the energy industry?

ERC Evolution is now ISO 9001 certified
This demonstrates our commitment to provide high quality services to our customers. ERC Evolution is now ISO 9001 certified.

Seplat Energy Announce Acquisition of MPN Assets in Nigeria
On 25 February 2022, Seplat Energy Plc announced that it has entered an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (“MPNU”), Exxon Mobil Corporation’s shallow water business in Nigeria.

Interra Resources Release Results of Independent Evaluation of Myanmar & Indonesia Assets
On 25 March 2022, Interra Resources Limited announced the results of ERCE’s Qualified Person’s Reports of its assets in Myanmar & Indonesia.

ERCE Appointed by Hartshead Resources NL for ASX Compliant Competent Persons Report
ERCE is pleased to announce that it has been appointed by Hartshead Resources NL to provide independent technical support for the compilation of an ASX compliant Competent Persons Report (CPR) across Seaward Licence P2607.

ERCE selected by Bengal Energy to produce an Independent Oil and Natural Gas Resource Report
ERCE is proud to have been trusted by Bengal Energy to produce an Independent Oil and Natural Gas Resource Report.

ERCE Present at APPEA 2022 Conference and Exhibition
The APPEA Conference and Exhibition, the largest oil and gas industry gathering in the southern hemisphere, has commenced.

Invictus Energy Release Results of Independent Evaluation of the Mukuyu Prospect in Zimbabwe
On 5 July 2022, Invictus Energy announced the results of ERCE’s independent evaluation of the Mukuya Prospect in the SG 4571 block, onshore Zimbabwe.

Hartshead Resources Release Results of Independent Evaluation of Anning and Somerville Gas Field
On 23 June 2022, Hartshead Resources NL announced the results of ERCE’s independent evaluation of the Anning and Somerville gas fields.

Senior Leadership Restructure
ERCE Announces Senior Leadership Restructure in Support of the Group’s Growth, Global Prosperity, and Future-Facing Energy Expertise.

ERCE Group Achieves Carbon Neutrality
The ERCE Group is proud to announce that it is now a carbon neutral company and is committed to remaining carbon neutral in the future.

Climate Related Disclosures for the Oil & Gas Industry
An ERCE briefing note explaining the evolution of the climate disclosures landscape from voluntary to mandatory.

Financial Control in Emissions Reporting
An ERCE briefing note explaining the financial control approach for reporting GHG emissions.

US SEC’s Climate Disclosure Requirements
An ERCE briefing note explaining US SEC’s climate disclosure requirements.

Climate Related Disclosures for the Aerospace & Defense Industry
An ERCE briefing note explaining Aerospace & Defense climate disclosure requirements.

Climate Related Disclosures for the Software & IT Services Industry
An ERCE briefing note explaining Software & IT Services climate disclosure requirements.

Sproule ERCE Global Upstream M&A Tracker Q3 2021 Issue
Sproule ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over Q3 2021.

Sproule ERCE Global Upstream M&A Tracker Q1 2021 Issue
Sproule ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over Q1 2021.

Sproule ERCE Global Upstream M&A Tracker Q2 2021 Issue
Sproule ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over Q2 2021.

Sproule ERCE Global Upstream M&A Tracker Q4 2021 Issue
Sproule ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over Q4 2021.

ERCE Energy Review Q1 2023
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

ERCE Energy Review Q1 2022
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

ERCE Energy Review Q2 2022
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

ERCE Energy Review Q3 2022
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

Sproule Announces Agreement to Acquire SGS’s Global Subsurface Consultancy
CALGARY, Alberta, CANADA – February 10, 2023 – Sproule, a leading global energy consulting and advisory firm, is pleased to…

Sproule Strengthens Board with a New Independent Director
CALGARY, Canada – January 25 2023 – Sproule is pleased to announce the appointment of a new individual to the…

Singapore Exchange Climate Disclosures
An ERCE briefing note explaining climate disclosure requirements for companies listed on the Singapore Exchange.

Sproule ERCE Global Upstream M&A Tracker Q1 2022 Issue
Sproule ERCE’s Global Upstream M&A Tracker provides an easy and detailed summary and analysis of global upstream M&A deals, both asset- and corporate-level. This edition covers upstream M&A activity over Q1 2022.

ERCE Energy Review Q4 2022
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.

Canadian Discovery and Sproule Partner to Deliver a Joint Energy Solution
CALGARY, AB, CANADA – November 9, 2017 – Canadian Discovery Ltd. (CDL) and Sproule are pleased to announce a new…

Sproule Acquires Dutch Geothermal Advisory Firm Veegeo
CALGARY, Canada / ROTTERDAM, Netherlands – June 13, 2022 – Sproule, a leading global energy advisory firm, is pleased to…

2022 Global Crude Oil and Natural Gas Market Outlook
2022 Global Crude Oil and Natural Gas Market Outlook 2021 marked an inflection point in global crude markets with…

Sproule ERCE Special Market Report: 2022 Global Crude Oil and Natural Gas Market Outlook
2021 marked an inflection point in global crude markets with surging demand from increased economic activity in the wake of…

Sproule ERCE Market Report: Latin America Energy Outlook Report 2021
2021 remained a year of recovery for the Latin American energy market, as there were fewer upstream transactions than in…

Carbon Capture Utilization and Storage (CCUS) Global Market Outlook Report
Carbon Capture, Storage and Utilization (“CCUS”) is increasingly becoming a key part of potential pathways to net zero. In this…

Sproule ERCE Special Report: Carbon Capture Utilization & Storage (CCUS) Global Market Outlook Report
Carbon Capture, Storage and Utilization (“CCUS”) is increasingly becoming a key part of potential pathways to net zero. In this…

Sproule Launches Dedicated Carbon Management Practice
CALGARY, AB, CANADA – Sproule, a leading global energy consulting and advisory firm, is pleased to announce the launch of a…

BN Americas Exclusive: The key opportunities in Latin America’s energy transition
Check out the recently published article by BN Americas on “The key opportunities in Latin America’s energy transition” where Sproule’s…

Latin America Energy Outlook
2020 was a year of resilience for Latin America, as it was one of the hardest hit regions by the…

Sproule ERCE Market Report: Latin America Energy Outlook Report 2020
2020 was a year of resilience for Latin America, as it was one of the hardest hit regions by the…

Resilience and Reset: Latin America’s 2021 Energy Outlook Webinar
Webinar on Wednesday, March 17, 2021 | 9:00 AM PST Latin America was one of the hardest hit regions by…

Proceed with Caution: 2021 Global Oil and Gas Outlook Webinar
Webcast on Monday, February 1, 2021 | 8:00 AM MST 2020 was an extraordinary year for the global economy and…

2021 Global Crude Oil and Natural Gas Market Outlook
2021 Global Crude Oil and Natural Gas Market Outlook Dominated by the largest global pandemic in a century, 2020…

Sproule ERCE Special Market Report: 2021 Global Crude Oil and Natural Gas Market Outlook
Dominated by the largest global pandemic in a century, 2020 was an extraordinary year for the global economy and the…

Canadian Oil & Gas Evaluations Handbook 2020 Update: New Guidelines for Price Forecasts
The Calgary Chapter of the Society of Petroleum Evaluation Engineers (SPEE) recently updated wording in the Canadian Oil and Gas…

Colombia Oil & Gas Outlook: M&A and Social Risk Management Discussion
Jorge Milanese, Sproule’s Director, Latin America, joins panelists Tony Hayward, Executive Chairman, Glencore International, Raul Gallegos, Director, Control Risks and…

‘Canada’s Not a Two-Trick Pony’: Going outside the Montney and Duvernay
Deborah Jaremko of JWN Energy has summarized a presentation Steven Golko presented to industry in November on the oil and…

Sproule Webinar Series: Chasing the Right Opportunities
Sproule Webinar Series invites you to join us to discuss the balancing act between buyers and sellers’ expectations when chasing…

Argentina Market Outlook from La Jolla Virtual Conference
Sproule’s Director, Latin America, Jorge Milanese joins panellists, Jose Luis Manzano, Chairman, Integra Capital, Juan Jose Carbajales, Deputy Secretary for…

Blue Star Helium: 3 Bcf Prospective Helium Resource
Blue Star Helium has a prospective helium resource of three billion cubic feet (Bcf) for its two prospects in Colorado,…

Canadian Exemptions from Regulatory Filing Requirements as a Result of COVID-19
On March 23, 2020, the Canadian Securities Administrators (CSA) published substantively harmonized temporary exemptions from certain regulatory filing requirements as…

Market Report: 2019 Lays Positive Foundations for Latin America’s Upstream Sector
Evaluate Energy, the Daily Oil Bulletin and Sproule have partnered to provide a detailed overview of the key M&A trends…

Sproule Special Market Report: The Search for Balance
The Search for Balance: Is the OPEC+ Supply Response Enough? The record production cuts announced by OPEC+ earlier this…

Sproule ERCE Crude Oil Market Update: The Search for Balance
The record production cuts announced by OPEC+ earlier this month are expected to take effect May 1 and extend in…

The Art of Price Wars: Sproule Webcast Evaluates Full Life Cycle Economics for Key U.S. Plays
Webcast on Monday, April 15, 2020 | 10:00 AM MDT The U.S. oil and gas market is at war with…

Sproule Special Report: Demand Disruption to Dominate Crude Market Fundamentals
According to a new Sproule report released this April 2020, countries around the world shift aggressively to isolation and lockdown…

Sproule ERCE Crude Oil Market Update April 6
Countries around the world shift aggressively to isolation and lockdown in an attempt to limit the spread of the COVID19…

Sproule Webinar: Weathering the Perfect Storm
SPROULE COMPLIMENTARY WEBINAR Weathering the Perfect Storm Strategies for managing your E&P company amidst COVID-19, a Price War and the…

Volatile Times: Sproule Outlines Three Pricing Scenarios In Special Report
Read the DOB exclusive as Sproule outlines three pricing scenarios during this challenging period in global crude markets. The near-term…

Sproule ERCE Crude Oil Market Update
Global economic activity is falling at a near-record rate as countries take action to prevent the spread of COVID-19. Simultaneously…

DOB Exclusive: Turning O&G Asset Liabilities Into Opportunities
Read the Daily Oil Bulletin article on turning O&G asset liabilities into opportunities. In the article “Turning O&G Asset Liabilities…

Message to Sproule Clients: COVID-19
Sproule is actively monitoring the COVID-19 situation and we want to be transparent about what we’re doing as a company…

Surge Energy Inc. Announces 2019 Fourth Quarter and Year-End Financial and Operating Results
CALGARY, March 9, 2020 /CNW/ – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) announces its financial and operating…

Sproule Presents a New Machine Learning Procedure for Generating Synthetic Logs in the Montney
Ilia Chaikine, Petroleum Engineer at Sproule and PhD 2020 candidate presented a study on the Montney at the Artificial Intelligence…

Razor Energy Corp. Announces Third Quarter 2019 Results
Razor Energy Corp. announced its third-quarter 2019 financial and operating results. Selected financial and operational information is now available in…

Coastal GasLink to help reduce global greenhouse gas emissions, launch Canada on a new energy path
Sproule Senior Associate, Liam O’Brien commented on global LNG trade volume increases as a result of new projects on the…

Canadian Natural Resources Limited Announces 2019 Fourth Quarter and Year End Results
CALGARY, Alberta, March 05, 2020 (GLOBE NEWSWIRE) — Commenting on the Company’s 2019 results, Steve Laut, Executive Vice-Chairman of Canadian…

Crescent Point Announces 2019 Results and Reserves
CALGARY, March 5, 2020 /CNW/ – Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) announces operating…

DOB Exclusive: New COGE Guidance On ADR Should Provide For More Clarity, Consistency
Read more about the recent changes to reserves reporting in the new DOB exclusive “New COGE Guidance On ADR Should…

DOB Exclusive: Reserve Reporting & Capital Plans Shift From Growth Focus
DOB Exclusive: Reserve Reporting Practices, Capital Plans Continue To ‘Transition’ Away From A Growth Focus According to an article published…

TORC Oil & Gas Ltd. Announces 2019 Fourth Quarter and Year-End Financial & Operating Results
CALGARY, Feb. 27, 2020 /CNW/ – TORC Oil & Gas Ltd. (“TORC” or the “Company”) (TSX: TOG) announces financial and operating…

Petrus Resources Announces Year End 2019 Financial, Operating and Reserves Results
CALGARY – Petrus Resources Ltd. (‘Petrus’ or the ‘Company’) (TSX: PRQ) reports financial and operating results as at and for…

Enerplus Announces Fourth Quarter and Full Year 2019 Financial and Operating Results
CALGARY, Feb. 21, 2020 /CNW/ – Enerplus Corporation (“Enerplus” or the “Company”) (TSX & NYSE: ERF) today reported fourth quarter 2019 cash flow…

Sproule is pleased to participate in the 2017 CGEF Conference, Sept 27-28 in Calgary
Sproule is pleased to participate in the 2017 Canadian Global Exploration Forum (CGEF) fall conference, September 27 & 28, at the Calgary…

Tight Timeline for High Upside in 30th Offshore UK Licensing Round
Global Petroleum Firm Offers Support to Small to Midsize Players to effectively spot the numerous hidden opportunities The 30th Offshore UK Licensing Round…

Sproule Enters European Oil and Gas Market with Strategic Hire
Sproule, a leading global energy consulting firm, is pleased to welcome Danilo Bandiziol, a senior energy executive, to lead client…

Sproule Celebrates Team Leadership Appointments in Key Industry Associations
Sproule is pleased to congratulate two key members of the team with leadership appointments to the American Association Petroleum Geologists…

Sproule and AMESPAC Present Fundamentals of SPE-PRMS in Mexico
Sproule and La Asociacion Mexicana de Empresas del Sector Petrolero A.C. (AMESPAC) are pleased to present a two-day workshop in…

Mexico Energy Reforms Spur Pemex Deals and Outside Investment
Falling production, rising debt and reduced reserve life were among the chief issues facing Pemex, Mexico’s national oil company. Historic…

Oilsands Growth Fuelled Pipeline Bottleneck
But, the Conventional Crude Helped Drive Production Curtailment The Canadian oilsands have fueled much of the production growth in the…

Mexico’s Gas Storage Strategy is Smart Policy
Hurricane Harvey didn’t hit Mexico, yet it exposed gaps in the country’s energy infrastructure. With more than a decade of…

How Mexico is Attracting Major Explorers to E&P Projects
Evaluate Energy, the Daily Oil Bulletin and Sproule have partnered in a new report highlighting details of the bid rounds,…

Price Forecasters Continue To Monitor Impact Of Saudi Drone Strike
The Daily Oil Bulletin recently released an article titled, “Price Forecasters Continue To Monitor Impact Of Saudi Drone Strikes”. Liam O’Brien, Senior…

Sproule accelerates growth with the opening of a new office in The Hague
CALGARY, AB, CANADA – Sproule, a leading global energy consulting firm, is pleased to announce that it will open a…

Gear Energy Ltd. Announces 2019 Year-End Reserves
Gear Energy Ltd. Announces 2019 Year-End Reserves Gear Energy Ltd. Announces 2019 Year-End Reserves

Kelt Reports Significant Increases in Oil & Gas Reserves & Net Asset Value
Calgary, Alberta – Kelt Exploration Ltd. (TSX: KEL) (“Kelt” or the “Company”) reports on its oil & gas reserves and…

Revisions to the 2018 Canadian Oil and Gas Evaluation (COGE) Handbook
Effective immediately, based on industry feedback, the SPEE Updating Committee is releasing further revisions to the Revised COGE Handbook released…

Fulfilling Decommissioning Obligations
Building a multibillion-dollar long term job creation opportunity in Alberta The combination of low commodity prices, regulatory instability and fleeing…

Congratulations to Barry Hanson of Sproule becoming a 2017 SPE Distinguished Member recipient
Sproule is pleased to announce Barry Hanson of Sproule has been elected to receive a Society of Petroleum Engineers (SPE)…

Sproule presents SPE-YP Webinar, September 13
Sproule is pleased to support the upcoming SPE-Young Professionals Webinar: Assessing Canadian Heavy Oil and Oil Sands Resources, presented by…

Sproule Registered by CNH for Petroleum Reserve Audits in Mexico
CALGARY, Alberta – Jan. 23, 2017 – Sproule announces approval by the Comisión Nacional de Hidrocarburos (CNH) of Mexico to…

Sproule, Synergy to Host Executive GHG Strategy Course Available
Sproule announced today the partnership with Synergy Risk Solutions to host the Greenhouse Gas Strategy for Executives course, taught by…

Sproule Enters Brazil’s Oil and Gas Market with Strategic Hire
Sproule, a leading global energy consulting firm, is pleased to announce the addition of a new senior energy executive, Nelson…

Sproule Launches New Type Curve Analysis Database and Report
Sproule announces the launch of its new Type Curve Analysis database and report. An industry first, this powerful new offering…

New Technical and Economic Feasibility Study from Sproule: Down-spacing in the Viking
Optimize drilling programs and efficiently increase production through insight into the long term performance of multi-fractured horizontal wells in the…

Sproule Acquires Niven Fischer
Sproule, a leading geoscience and engineering advisory firm in the oil and gas sector is pleased to announce the acquisition…

Shedding Liabilities in a New Energy Paradigm
The Canadian oil and gas industry is suffering from the effects of low commodity prices and shifting energy markets. Managing…

Sproule Enters Mexico’s Oil & Gas Market
Sproule, a leading global energy consulting firm, is pleased to announce the hire of Marcos y Asociados to provide local…

Sproule exhibits at SPE-ATCE 17
Sproule is supporting SPE-ATCE 17 in San Antonio this week at booth 2852. Our representatives are on hand to discuss…

Translating Cost Discipline into New Reserves in a Low Price Environment
Many companies have seen a major drop in the net present value of their reserves since the sharp drop in commodity prices…

Canadianization of the Oilsands Fosters Moderate, Sustainable Growth
Calgary-based Sproule estimates Canadian companies now operate approximately 70 percent of oilsands production, whereas back in 2013 the majority of high-cost oilsands…

Lack of B.C. LNG Terminals Won’t Prevent Canadian Gas Getting to World Markets
The North American natural gas market has emerged as the single largest and most liquid natural gas market in the…

Declining Reserve Replacement Ratios Deceiving in Resource Play Environment
The reserve replacement ratio is used as a quick reference for stakeholders to determine if a company is adding to…

Robust Deal Making in Latin America Bucks Global Trend
Evaluate Energy, Daily Oil Bulletin, and Sproule have partnered in a new report highlighting oil and gas upstream M&A activity…

Brazil: New regulations spur offshore investment surge
Evaluate Energy, Daily Oil Bulletin and Sproule have partnered in a new report highlighting oil and gas upstream M&A activity…

Why Major Investors are Now Being Drawn to Mexico: New Report
Evaluate Energy, Daily Oil Bulletin and Sproule have partnered in a new report highlighting oil and gas upstream M&A activity…

Sproule Can Help You Gain Professional Development Credits For 2018
Our 2018 training calendar is live. Refresh your knowledge or learn new concepts this year. Sproule courses can help you…

Bid Rounds Give Both Mexico and Brazil Strong Starts to 2018
Successful bid rounds in Mexico and Brazil during Q1 secured $3.1 billion in cash – a huge step forward for…

Huge Discovery Highlights Mexican Unitization Policy Requirements
development and poor reservoir management. It can also lead to unnecessary duplication of facilities. The result tends to be lower…

Sproule Opens Office in Mexico City
Sproule, a leading global energy consulting firm, will open a new office in Mexico City on June 25, 2018 to…

Canadian LNG Export Industry Hinges on First Major Project Go-Ahead
Maurice Smith from the Daily Oil Bulletin sat down with Sproule’s Chris Mylde, VP Corporate Development, to discuss how the increasingly…

The Changing Face of Reserves Evaluation in North America Webcast Available for Listening
We were pleased to participate in the Oil & Gas Journal webcast featuring Sproule’s Steve Golko, Vice President Strategic Advisory and New…

Failure to Reverse Megaproject Lull May Lead to Oil Price Spike
Another oil price spike could be on the horizon due to a pullback of investment of major projects through the…

Tight Oil And Gas Drives Optimism As Oilpatch Tentatively Recovers: Market Insights From Sproule
The technology disruption that led to the unconventional revolution has also unleashed the Montney and Duvernay – two Canadian plays that…

New Expanded Sproule Training Courses Available in 2019
Sproule, a global energy consulting firm, has expanded its course offerings for 2019 to help meet corporate and individual professional…

Sproule Announces New President to Drive Global Growth
Sproule, a leading global energy consulting firm, is pleased to announce the appointment of James “Jim” Chisholm, P.Eng. to President…

Sproule Acquires U.S.-based MHA Petroleum Consultants
CALGARY, Alberta, CANADA – July 19, 2019 – Sproule, a leading global energy advisory firm in the oil and gas…