Charitable donations and other initiatives help shine a positive light on the services sector and help organizations like STARS position themselves for success GIVING AND GETTING BACK WINTER 2011 PM#40020055 2012 DRILLING ACTIVITY FORECAST INDUSTRY INSIGHTS NEGOTIATING REDUCED LIABILITY
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Petroleum Services Association of Canada News Winter 2011
The Petroleum Services Association of Canada is the national trade association representing the service, supply and manufacturing sectors within the upstream petroleum industry.
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Charitable donations and other initiatives help shine a positive light on the services sector and help organizations like STARS position themselves for success
Charitable donations and other initiatives help
GIVING AND
GETTING BACK
W I N T E R 2 0 1 1
PM#40020055
2012 DRILLING ACTIVITY FORECAST
INDUSTRY INSIGHTS
NEGOTIATING REDUCED LIABILITY
PSAC_Winter_2011_p01.indd 1 11/21/11 2:58:17 PM
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FOR MORE INFORMATION:www.rogersoilandgas.ca1 877 336 1333
The Petroleum Services Association of Canada is the national trade association repre-senting the service, supply and manufacturing sectors within the upstream petroleum industry. PSAC represents a diverse range of over 250 member companies, employing more than 58,000 people and contracting almost exclusively to oil and gas exploration and production companies. PSAC member companies represent over 80 per cent of the business volume generated in the petroleum services industry. Better than anyone else!
Leaders in Safety and Training for the Oil and Gas Industry Enform is the safety association for Canada’s upstream oil and gas industry. Established by industry for industry, Enform helps companies achieve their safety goals by promoting shared safety practices and by providing:
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COMPANIES THAT RESPOND NEED COMPANIES THAT RESPONDLike Sanjel, more and more of Alberta’s top companies want ATB as their financial partner. ATBresponds.com
Response. Results.
®ATB Corporate Financial Services is a registered trademark of Alberta Treasury Branches.
Givingnon-profi t, charitable organization, STARS has been providing helicopter emergency medical transport for more than 25 years. Since its fi rst mission in 1985, STARS has carried out over 21,000 missions and now provides coverage to 94 per cent of Alberta’s
population. After 26 years of service in Alberta, STARS is broadening its horizons to offer services in Saskatchewan and Alberta. A new base in Regina is expected to open in April 2012, followed by Saskatoon in the late fall of 2012. STARS is also currently on a contract extension with the Manitoba government stemming from the fl ood response in the spring and is working with the government toward a long-term agreement.
Over the next few years, STARS plans to add two new AugustaWestland
139 (AW139) helicopters to its fl eet in Alberta. The new helicopters fl y
faster and further than the organization’s current helicopters and have the
COMMUNITIES BENEFIT FROM THE SUPPORT OF CANADA’S SERVICES SECTOR AND MORE CORPORATIONS ARE FINDING THOSE CHARITABLE ACTS HELP SUPPORT THEIR BUSINESS
A
Gift
space to care for two patients at a time. Each new AW139
helicopter has a $15 million price tag attached to it, this
includes the highly specialized medical interior required to
provide critical care to patients. As there are also signifi cant
costs associated with mission operations, fundraising
is an essential activity of the organization. “We have a
need for both operational and capital funding,” says Dr.
Greg Powell, founder and CEO of STARS. “Corporate
support, particularly from the oil and gas industry, has
been important for both, and has signifi cantly funded the
capital portion which is mainly our helicopters.”
Providing emergency medical services in remote
areas has earned STARS the support of the Petroleum
Services Association of Canada (PSAC). Many
worksites in the oil and gas industry are in remote
areas and not easily accessible by road or hours away
COMPANIES THAT RESPOND NEED COMPANIES THAT RESPONDLike Sanjel, more and more of Alberta’s top companies want ATB as their financial partner. ATBresponds.com
Response. Results.
®ATB Corporate Financial Services is a registered trademark of Alberta Treasury Branches.
Suite 300 Iveagh House707, 7th Avenue S.W.Calgary, AB CanadaT2P 3H6
Wellsite Supervisionand
Project Management • Drilling, Completion, Construction Supervision• Production Asset Management / Optimization• Drilling, Completion, Production Engineering• International and Offshore Supervision• Safety Programs and Audits
000PSN.Pajak_1-4_nBL.indd 1 11/11/10 1:21:26 PM
Relevant · Independent · Objective
The Canadian Energy Research Institute (CERI) is a non-profit energy research institute funded by industry, government and academia providing relevant, independent and objective economic research. CERI research encompasses the whole value chain from production to consumption for all energy sources.
CERI conferences address the most topical issues of our time. Guest speakers represent a list of “who’s who” in their respective fields of expertise. Expert presentations provide the latest prognosis on industry trends.
Natural Gas Conference February 27 - 28, 2012 • Calgary, Alberta
Oil Conference April 23 - 24, 2012 • Calgary, Alberta
Petrochemical Conference June 3 - 5, 2012 • Kananaskis, Alberta
For more information visit our website: www.ceri.ca; call: 403-282-1231; or email: [email protected]
The oil and gas industry is always changing. That’s why you need strategic business advice from professionals who put their energy into knowing your business and the market in which you operate.
Here’s what TOG Systems, an oilfield telecommunications company and MNP client, had to say:
“We engaged MNP’s services about three years ago and we couldn’t be happier with our decision. The expertise and level of service we experienced from MNP’s business advisors have surpassed our expectations and have proven to be invaluable. Not only do we take all our accounting and tax questions to them but have turned to them for advice on a number of different issues as they seem to have an infinite pool of people and resources within their organization to call upon. It is incredibly valuable to me as a business owner to know that I can trust and depend on the people at MNP to give me advice and provide the experts we need to succeed. MNP has not just saved us money, they’ve proven their value by making us money.”
Diane Nordhagen, CEO - TOG Systems Ltd.
At MNP, our teams of consultants, taxation advisors and oil and gas service specialists deliver premium solutions to resolve your most complex issues and keep your business opportunities flowing.
Think FWD. To find out how we can put our energy to work for you, contact Dustin Sundby, CA, Oilfield Services Leader at 1.877.500.0779 or [email protected].
THE 2011 ANNUAL GENERAL MEETING OF THE PETROLEUM SERVICES ASSOCIATION OF CANADA SERVED AS AN OCCASION TO CELEBRATE THE PAST AND SET THE COURSE FOR FUTURE ACCOMPLISHMENTS
HE 2011 AGM marked PSAC’s 30th year with many
accomplishments to celebrate over its three decades
representing the interests of the petroleum services sector.
Highlights included the introduction of incoming Chair for
2011-2012, Mike Edmonds, and the presentation of Distinguished Service
Awards and Long-standing Member Awards to more than 80 individuals
and companies for their enthusiastic commitment and participation in PSAC
initiatives. Outgoing Chair, Brian Coston, discussed the many outstanding
accomplishments PSAC achieved during his tenure and members reviewed
fi nancial statements and elected new PSAC board members.
2012 CANADIAN DRILLING ACTIVITY FORECAST AND INDUSTRY OUTLOOKIndustry experts presented PSAC’s 2012 Canadian Drilling Activity Forecast
to a full house at the TELUS Convention Centre on November 3, 2011. PSAC
President Mark Salkeld notes, “Our forecast is positive but conservative
because of restrained capacity due to labour and equipment shortages.”
See page 6 for more details.
INDUSTRY INSIGHTS DINNER Premier Alison Redford and industry leaders marked PSAC’s 30th
anniversary at its annual Industry Insights Dinner – Moving Towards
New Horizons. With many accomplishments achieved over PSAC’s three
decades and with the release of an optimistic 2012 Drilling Activity
Forecast, there was much to be celebrated at this year’s event.
Premier Redford honoured the industry in her address and touched
upon the importance of the petroleum services sector to the Albertan
and Canadian economies. “I am committed to work in partnership with
industry,” commented Premier Redford. “Alberta has much to be proud
of, and that message needs to be heard.” Redford says. The Premier also
noted that the Government of Alberta has made it a priority to work with
the petroleum services industry to tackle issues related to competitiveness,
productivity and labour.
“We are pleased that the Premier has committed to working together with
PSAC and the industry as a whole,” says Mark Salkeld, president of PSAC.
“As Canada moves towards mapping a national energy strategy, it will be
imperative that government and industry work alongside one another. We
30 YEARSCELEBRATING
T
feel strongly about the leadership role that the
Province of Alberta will take in that dialogue, and
we look forward to seeing what changes the new
Premier will usher in supporting the leadership
position of the province.”
Highlights of the evening included the
introduction of PSAC’s new Board of Directors,
including Board Chair Mike Edmonds, President
of Import Tools Corp. Ltd. “It is an honour to be
taking on the position as Board Chair for PSAC
this year,” explains Edmonds. “In 30 years, PSAC
has accomplished a great deal and I strongly
support the organization and the value it delivers
to its members.”
DRILLING FORECAST: PSAC estimates a total of 15,100 wells drilled (rig released) across Canada in 2012.
AARON PARKER
ACCOUNTING CONSULTING TAX MNP.ca
The oil and gas industry is always changing. That’s why you need strategic business advice from professionals who put their energy into knowing your business and the market in which you operate.
Here’s what TOG Systems, an oilfield telecommunications company and MNP client, had to say:
“We engaged MNP’s services about three years ago and we couldn’t be happier with our decision. The expertise and level of service we experienced from MNP’s business advisors have surpassed our expectations and have proven to be invaluable. Not only do we take all our accounting and tax questions to them but have turned to them for advice on a number of different issues as they seem to have an infinite pool of people and resources within their organization to call upon. It is incredibly valuable to me as a business owner to know that I can trust and depend on the people at MNP to give me advice and provide the experts we need to succeed. MNP has not just saved us money, they’ve proven their value by making us money.”
Diane Nordhagen, CEO - TOG Systems Ltd.
At MNP, our teams of consultants, taxation advisors and oil and gas service specialists deliver premium solutions to resolve your most complex issues and keep your business opportunities flowing.
Think FWD. To find out how we can put our energy to work for you, contact Dustin Sundby, CA, Oilfield Services Leader at 1.877.500.0779 or [email protected].
We put our energy into knowing your business.
TOG Systems Ltd.: A Satisfied Client
000PSN.MNP_FP.indd 1 10/27/11 9:35:17 AM PSAC_Winter_2011_p12-17.indd 13 11/21/11 3:01:43 PM
14 WINTER 2011 PETROLEUM SERVICES NEWS
Another highlight included the presentation of the PSAC Chairman’s
Award to Ray Frehlick, President of Prairie Mud Services. A long-time
PSAC supporter, Ray has actively promoted PSAC in Saskatchewan giving
PSAC the opportunity to connect with current and prospective members.
Keynote speaker Robert Johnston, director of the Global Energy and
Natural Resources Practice at Eurasia Group, highlighted some of the
emerging global trends and risks, including an outlook for the Keystone
XL pipeline approval process and the impact of unconventional gas
drilling on global markets. “The story of unconventional gas is not just a
Canadian story, but a global one which was created by the expertise and
leadership here in this room,” explains Johnston.
To read more about PSAC’s year in review, please access the 2011
Annual Report at www.psac.ca.
Not yet a PSAC Member? Join today by visiting www.psac.ca.
PSAC THANKS OUR SPONSORS FOR THEIR GENEROUS AND ENTHUSIASTIC SUPPORT OF OUR EVENTS:
Canadian Drilling Activity Forecast Session Sponsor: Probity Capital (include logo)
Industry Sponsor: JuneWarren-Nickle’s Energy Group (include logo)
tMNP LLP (include logo),
SAIT Polytechnic (include logo)
DISTINGUISHED SERVICE AWARD RECIPIENTS
Gail Purdy, NOV - Distribution Services GroupBrian Coston, Canamara United SupplyRhys Renouf, KPMG LLPLucas Mezzano, DYNAenergetics Canada Inc.Fred Farmer, Halliburton Group CanadaLee Emond, Import Tool Corp. Ltd.Clyde Bonnell, National Oilwell Varco - Distribution ServicesRon Logan, Strike Energy Services Inc.David McHattie, Tenaris Global Services (Canada) Inc.Travis Strube, Topco Oilsite Products Ltd.Brian Farmer, Trojan Safety ServicesGarry Lane, retired Renee Vanderwolf, National Oilwell Varco - Varco Canada Ltd.Kevin Crumly, Trican Well Services Ltd.Ross Whelan, High Arctic Energy Services
Canadian Drilling Activity Forecast Session Sponsor:
PSAC THANKS OUR SPONSORS FOR THEIR GENEROUS AND ENTHUSIASTIC SUPPORT OF OUR EVENTS:
Industry Sponsor:
Industry Insights Dinner Co-Sponsors:
Premier Alison Redford
Outgoing Chair Brian Coston presents the PSAC Chairman’s Award to Ray Frehlick, President of Prairie Mud Services.
Robert Johnston, Director of Global Energy and Natural Resources Practice at Eurasia Group
PH
OTO
S: A
AR
ON
PA
RK
ER
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ERS has put safety and environment at the top of their list. This system is truly innovative and, quite frankly, is the Best Available Practice I have encountered.
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ERS has put safety and environment at the top of their list. This system is truly innovative and, quite frankly, is the Best Available Practice I have encountered.
S. Hanelt, CFEI, CVFI SCO Fire Investigator/InspectorSafety BOSS Inc.
The ICS immersion and circulation systems keep your frac fluid at an exact temperature, even in extreme weather conditions. Our unique multi-unit configuration ensures consistent and reliable temperature control so there is no need for traditional reheat processes.
Alberta’s heating specialists for over 10 years – trust ICS to ensure your frac fluids are ready when you are.
To find out how to make your site 100% frac fluid-ready, call Wes at 780-904-7209 or email [email protected]
Hungry for more info? How about lunch?Book a FREE Lunch & Learn seminar at your workplace and we’ll look after both!Schedule your presentation today at
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Calmena Energy Services Inc.Cathedral Energy Services Ltd.CIMARRON Engineering Ltd.Dresser-Rand Canada Inc.Enersul Inc.Essential Energy Services Ltd.Lorick Corrosion Inc.Premier Integrated
Technologies Ltd.PROMORE, a Division of Core
Laboratories Canada Ltd.
Recon Petrotechnologies Ltd.Redline Well Control Inc.Select Energy Systems Inc.Silverline Oil Tools (668961
AB Ltd.)Tesla Exploration Ltd.Trojan Safety ServicesWelltec Canada Inc.Withers LP
PSAC 2011 LONG-STANDING MEMBERS
5 YEARS
BJ Tool Services Ltd.C-Tech Oilwell Technologies Inc.Grant Production Testing
Services Ltd.Innicor Perforating Systems
Inc.Ketek Group Inc.Premay Equipment LP
Prodrill Fluids TechnologiesPulse Seismic Inc.Pure Energy Services Ltd.Savanna DrillingSavanna Energy Services
Corp.Savanna Well ServicingTestAlta
10 YEARS
6607063 Canada Inc./Winalta Transport
Cameron Canada CorporationCCS CorporationKatch Kan LimitedKudu Industries Inc.
MRC Midfi eldNabors CanadaPeak Energy Services TrustRyan Energy TechnologiesXL Perforating Partnership
15 YEARS
Hollimex Products (Division of Diversity Technologies Corp.)Swanberg Bros. Trucking L.P.Tucker Wireline Services Canada Inc.
20 YEARS
Trican Well Service Ltd.25 YEARS
Argus Machine Co. Ltd.BJ Services Company CanadaCanamara United Supply
(Division of Diversity Technologies Corp.)
CE Franklin Ltd.Guardian, A ShawCor CompanyHalliburton Group CanadaImport Tool Corp. Ltd.M-I SWACO, A Schlumberger
Company
National Oilwell Varco - Distribution Services Group
Kudu CEO Ray Mills travelled to Slave Lake to present employees with money raised by the rest of the company. From left are Jesse Potvin, Josh Boissonneault, Joel Blanchette, Ray Mills and Darin Busk. Another Kudu Slave Lake service centre employee, Joseph Mentzelopoulos, is missing from the picture.
LAVE LAKE’S MID-MAY WILDFIRE was
an unexpected disaster, but the tragedy brought
people and organizations together to support the
northern Alberta town’s 7,000 residents. Kudu
Industries Inc., a progressing cavity pump manufacturer,
was one of those supportive organizations that raised
money and community spirit, while helping their five Slave
Lake-based employees.
Kudu undertook three initiatives. The fi rst was to donate
$5,000 to the Red Cross immediately after news spread of
the fi res. They urged other companies to donate as well. Alex
Damnjanovic, Kudu’s COO, says the company’s thinking
was, “Let’s challenge our peers and create a bit of a contest
out of this.”
Secondly, Kudu created a “donation bucket” in its Calgary
offi ce. Employees dropped whatever they could in the bucket
for roughly a month and then the company matched the
donations dollar for dollar. The total came just shy of $27,000.
“For the size of the company that we are, it was a very generous
donation by everyone,” says Damnjanovic. Approximately fi ve
weeks after the wildfi res, Kudu’s CEO Ray Mills presented the
money raised to the fi ve Slave Lake service centre employees in
their hometown.
Thirdly, Kudu’s Slave Lake employees were told not to
worry about their paycheques. Many of them are paid
hourly and therefore, time missed at work directly affects
their income. They were told, “Right now just focus on that
you’re in a safe place and get some information so you know
what’s going on,” Damnjanovic says. “To take one thing off
their minds, it was a small thing that we could do.” And it’s
the small things, especially in times of need, that count.
Damnjanovic says, “It was just a combination of all those
little things that encouraged people and kept people positive
at a time when things were quite bad.”
COMMUNITY MATTERS
CALGARY-BASED SERVICES COMPANY STEPS UP FOR A SMALL TOWN AND EMPLOYEES IN NEED
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Minutes from Calgary, Balzac offers the perfect environment for a thriving enterprise of any size: direct access to the Queen Elizabeth II Highway and Calgary Ring-Road; close proximity to the Calgary International Airport; a readily available talent pool, an expansive consumer base, and no business tax.
Cultivate your company’s success in Balzac. Discover Alberta. Reap the rewards of relocating to Rocky View County.