Research that may help Nova Scotia fishermen find fuller, harder-shelled lobsters for markets is receiving a helping hand from theprovince. The Department of Agriculture and Fisheries is contributing$58,000 to a lobster quality monitoring project, Agriculture andFisheries Minister Chris d’Entremont said today, March 9. The project monitors the timing of the lobsters’ natural moltcycle; the process by which lobsters grow a new shell and discardthe old one. The timing of the molt directly influences lobsterquality because time is required after the molt to return to topmarket condition. “The lobster fishery is an important industry. It is imperativethat we support scientific work that will further our biologicalunderstanding of lobsters. Despite our success in this fisherythere are still a lot of unknowns when it comes to lobsterbiology,” said Mr. d’Entremont. The Fishermen and Scientists Research Society will receive the$58,000 contribution to pay for sampling costs associated withthe 2005 LFA 33 & 34 Lobster Quality Monitoring project. Theprovince will partner with the industry, the Fishermen andScientists Research Society and the federal Department ofFisheries and Oceans on the project. “The lobster industry is the backbone of the rural economy insouthwestern Nova Scotia and we must work together to ensure itscontinued success,” said Mr. d’Entremont. Nova Scotia’s seafood industry is worth an estimated billiondollars annually. AGRICULTURE/FISHERIES–Department Supports Lobster ScienceInitiative
CALGARY — Analysts say Canadian oilfield services companies with operations in the U.S. are now earning more of their revenue south of the border than they have for at least six years.In a report, AltaCorp Capital says that trend is expected to continue as ongoing oil and gas spending weakness in Canada is balanced against steady activity in the United States.The analysts say that 12 of the largest Canadian energy services companies with U.S. operations earned 54 per cent of their revenue in the U.S. in 2018, the first time the percentage climbed above half since at least 2013, when it was just over 40 per cent. Alberta discovers that playing OPEC isn’t easy as crude goes from too cheap to too expensive Imperial’s Aspen project was ‘the exception’ to Canada’s stagnant oil growth outlook. Not anymore ‘It’s too risky now’: Enbridge pipeline delay spooks traders in long-term Canadian crude market They forecast a 16 per cent decline in Canadian drilling rig activity this year to an average of 159 active rigs, while the U.S. average rig count will be 1,009, largely flat versus 2017.The survey includes large Calgary-based drilling companies like Precision Drilling Corp. and Ensign Energy Services Ltd., as well as well completion firms such as Calfrac Well Services Ltd.The Canadian Association of Oilwell Drilling Contractors reports that the industry relocated 16 Canadian rigs to the U.S. in 2018, up from six in 2017, and is continuing to send rigs south of the border this year.Precision Drilling reported drilling rig working days jumped 36 per cent in the U.S. in the last three months of 2018 compared with the same period of 2017, but fell nine per cent in Canada.