Meg Energy Oil And Gas Management

Meg is good value based on its pb ratio 0 3x compared to the ca oil and gas industry average 0 8x.

Meg energy oil and gas management.

Between 2013 and 2019 our net greenhouse gas ghg emissions intensity reduced by 7 and in 2019 was more than 20 below the industry average. Search current meg jobs. They are proposing a project that would capture greenhouse gases before they are released into the atmosphere and permanently bury those emissions deep below the earth s surface. The company s main thermal project is christina lake.

Meg s natural gas turbine generates electricity that is used in its operations with surplus power sold into the alberta electricity grid. Meg energy is a pure play canadian oil sands producer engaged in exploration in northern alberta all of its oil reserves are more than 1 000 feet 300 m below the surface and so they depend on steam assisted gravity drainage and associated technology to produce heavy bitumen must first be brought to the surface. Engineering jobs production and operations jobs trades and construction jobs supply chain management jobs and administration. Meg energy is a canadian energy company focused on sustainable in situ thermal oil production.

Meg energy is currently hiring for several oil and gas jobs in and around calgary alberta. Next steps explore potentially undervalued companies in the energy industry. With over 33 years of experience in the oil and gas industry he has been a leader in thermal development. Capital program reduction and guidance update.

Meg has taken measures to achieve one of the lowest ghg emissions intensities in the thermal heavy oil industry. The heat from the turbine is recovered by a heat recovery steam generator for use in the thermal heavy oil recovery process resulting in more efficient use of natural gas and a thermal efficiency of 86. Due to the recent significant degradation in global oil prices meg is reducing its 2020 full year capital budget by 20 from 250 million to 200 million. Since joining meg in 2004 he has held roles of increasing responsibility with the company with oversight for reservoir management and project development facility operations cost leadership and technological development and application.