October Oil and Gas Public Offering Adds $11.05 Million to Provincial Revenues

Oct 17, 2023

The Government of Saskatchewan's Crown petroleum and natural gas public offering, held on Tuesday, October 3, 2023, has raised $11,049,882.97 for the province.

Of the 157 parcels posted for this sale, 107 parcels received acceptable bids. These bids covered 18,870.845 hectares.

The Kindersley area generated the most cashflow, bringing in $5,811,151.08 for 20 leases and two exploration licenses totalling 7,591.560 hectares.

Bids for leases and a license in the Lloydminster area brought in the next-highest amount, $2,703,203.64. These bids were for 33 leases and one exploration license totalling 7,222.166 hectares.

Acceptable bids in the Estevan area generated $2,516,328.95 for 47 leases covering 3,668.270 hectares.

The Swift Current area generated $19,199.30 in acceptable bids.

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Video: Winter Canola Trial in Mississippi | Can It Work for Double Cropping? | Pioneer Agronomy

Can winter canola open new opportunities for growers in the Mid-South? In this agronomy update from Noxubee County, Mississippi, Pioneer agronomist Gus Eifling shares an early look at a first-year winter canola trial and what farmers are learning from the field.

Planted in late October on 30-inch rows, the crop is now entering the bloom stage and progressing quickly. In this video, we walk through current field conditions, fertility management, and how timing could make this crop a valuable option for double-cropping soybeans or cotton.

If harvest timing lines up with early May, growers may be able to transition directly into another crop during ideal planting windows. Ongoing field trials will help determine whether canola could become a viable rotational option for the region.

Watch for:

How winter canola is performing in its first season in this Mississippi field

Why growers chose 30-inch rows for this trial

What the crop looks like as it moves from bolting into bloom

Fertility strategy, including nitrogen and sulfur applications

How canola harvest timing could enable double-cropping with soybeans or cotton

Upcoming trials comparing soybeans after canola vs. traditional planting

As more growers look for ways to maximize acres and diversify rotations, experiments like this help determine what new crops might fit into existing systems.