Canada's Ensign Nabs Work in Montney as Market Outlook Shaky

August 14, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Ensign Energy Services (Calgary, Alberta), an oil and gas exploration services provider, expects market conditions for oil and gas to remain steady and "constructive" for the remainder of 2025, despite global headwinds and uncertainties around trade policies that it says have put a downward pressure on prices. Industrial Info is tracking about US$8 billion worth of active and proposed projects featuring Ensign's services, more than US$6 billion of which is attributed to projects in Alberta. Among Ensign's most active customers is Tourmaline Oil Corporation (Calgary), the largest natural gas producer in Canada, which awarded Ensign drilling contracts for some of its largest programs in the Montney Shale. Other companies featured: Canadian Natural Resources Limited and Advantage Energy Limited