Earlier this year, a Canadian oil and natural gas producing company Penn West Petroleum Limited rebranded to Obsidian Energy Limited. The development followed a restructuring that saw its operations more enhanced and its production capability strengthened. The firm opted to find a name that would equate the new appearance. The company that is based in Calgary, Alberta has been in operation for 38 years now which goes to show the extensive expertise gathered over the years.
Obsidian Energy Limited concentrates its production along the Western Canadian Sedimentary Basin, particularly the Alberta Viking, the Pembina Cardium, and Peace River oil sands. The most outstanding aspect of the company is that hard work and driving results are part of its DNA. The management understands that commitment and accountability to partners and shareholders is very vital to business growth. Notably, Obsidian Energy Limited optimizes its resources in production that goes up to 30000 barrels of oil per day.
Conserving the Environment
Being in the oil and gas industry, Obsidian Energy Limited understands the dangerous emissions that can adversely affect the environment. Additionally, it is well aware that the people around can also be affected by these emissions. The company adopts production methods that the emanation is kept at the minimum or eliminated entirely. The communities are also educated on what to expect and given the privilege to contact the company in case they have any concerns.
Upholding safety is the number one commitment for Obsidian Energy Limited. To this length, the firm has put in place programs that are aimed at training all the stakeholders that include the employees and the contractors together with their workers. The training ensures that they get to know of the safety measures that the regulations demand from them. They are also required to practice them according to the standards put in place. These programs are also extended to the communities, educating them on the same. Dedication to safety is also illustrated at Obsidian Energy Limited by the emergency response programs put in place. The firm collaborates with the emergency response organization in the locality to ensure any incident is tackled in time. The company conducts thorough audits to ensure that the safety measures are observed round the clock.
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See Also: https://globalnews.ca/news/3481168/penn-west-proposes-name-change-to-obsidian-energy/
When we all go to the gas pump our pay our heating bills each month the ultimate litmus test is the price tag. If the cost to heat our homes or fill up our gas tanks is too high, we’ll search for alternatives that continue to meet our needs at a far lower cost than was previously possible.
Companies such as Obsidian Energy are working hard each and every day to keep the prices of their oil and gas products as low as possible in order to save the consumer money and keep more of their hard-earned dollars in their pockets. Recently, Obsidian Energy has undergone some internal changes to revamp their operations and build their business back up to the highest quality oil and gas provider that it can be. Formerly Penn West Petroleum Ltd., today the company is producing well over 30,000 barrels of oil per day to be processed efficiently and distributed to clients. Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff.
Conserving the environment is also extremely important to Obsidian Energy. Their natural resource extraction processes have been refined over time so as to minimize their impact on the environment to the best of their ability. They wish to provide their customers with the lowest cost oil and gas while leaving the environment we all share unharmed and free from pollution. Refer to This Page.
The new and improved management team is led by a team of oil and gas specialist who combined have decades of experience in the industry and are leveraging their combined knowledge and experiences to provide a superior product to the consumer. With all of the choices available to clients today, the management team is doing everything in their power to make Obsidian Energy stand apart from the rest. The future of Obsidian is changing each and every day as technology advances and we continue to search for the best value for our money.
Obsidian Energy is committed to cutting costs at every possible stage of oil and gas processing and passing those savings on to their many valued customers. Obsidian Energy may not be the largest oil and gas provider, but they are striving to be the best oil and gas provider each and every day.