Today’s energy and equity market update: Oil prices get a boost from GoM outages and big drop in crude stockpiles. Light oil benchmarks rise about 4.5%. Canadian heavy gains almost 6%. Gasoline and heating oil also move up 4%. Energy stocks outperform broader markets, rising 1.4% on the S&P 500 and 2.2%…
Oil & Gas Companies Texas Weekly Update
Texas Weekly Update July 8 2019 Texas Producers First Well Permits Since March 1 2019 or Greater AMERICAN RESOURCES, INC_1_TURNEY Primary Field_Oil Well Redemption Oil & Gas, LLC_1_TRC (OLMOS -E-) Primary Field_Oil or Gas Well MAGELLAN OPERATING COMPANY, LLC_3_WILDCAT Primary Field_Cathodic Protection Well DENALI PETROLEUM, LLC_9_WILBARGER COUNTY REGULAR Primary Field_Oil…
Oil & Gas Daily Update
Today’s energy market update: Oil prices continue slow and steady climb. WTI and Cdn Light rise 0.3%, while Brent edges up 0.1%. Cdn heavy crude gains 0.8%, as discount to WTI narrows slightly. Gasoline rises 1.4%, while heating oil and Henry Hub move up 1%. TSX energy stocks get a 1.5%…
Oil & Gas Companies Weekly Update
ALBERTAInter Pipeline • IPL completes pipeline connections to CNRL’s Kirby NorthAB Gov’t • Tax relief for shallow gas producers and municipalitiesAB Gov’t • Standing up to foreign influencesPostMedia • AB offers tax relief for natgas producers facing ‘full-on crisis’CBC • AB to spend $2.5M on inquiry into ‘foreign-funded special interests’ CANADANEB • How much will the carbon…
Oil & Gas Companies Texas Weekly Update
Texas Producers First Well Permits Since Feb 1 2019 or Greater PNP OPERATING COMPANY LLC_1_TURNEY Primary Field_Oil Well Double Play Oil & Gas, Inc_2_MCNEILL (HOCKLEY, UPPER) Primary Field_Gas Well Ponderosa Oil & Gas, LLC_3__ PEAK OPERATING LLC_6_WILDCAT Primary Field_Exploratory Test Well Midville Energy, Llc._7_WILDCAT Primary Field_Oil or Gas Well SAGUARO…
Oil & Companies Daily Updates Summary
UPDATED THIS WEEK …AER • Mar bitumen production by mining facility →AER • Mar SCO production by operator →NYMEX • Jun monthly avg oil prices (Brent, WTI, WCS and Cdn Light) →NYMEX • Jun monthly avg WTI discounts (WCS, Cdn Light and Brent) →NGX/NYMEX • Jun monthly avg natural gas prices (AECO and Henry Hub) → INDUSTRY REPORTS & PRESENTATIONS…
Canadian Oil & Gas Companies Weekly Update
Weekly Update July 1 2019 Interesting News Shell New Gas processing plant with large compressor install 06-08-067-06W6 Pembina/Veresen Midstream gas plant 11-18-074-12W6 large compressor upgrade project Pacific Oil and Gas Ltd. (Cambrian) 4 new well license in BC Westbrick Energy Ltd add two new well license to PAD 03-26-043-09W5 for…
Oil & Gas Daily Update
Today’s energy market update: Oil prices get a boost from big drawdown in US crude stockpiles. WTI and WCS rise 3%, while Brent moves up 2%. Cdn Light discount to WTI widens by US$1/bbl. Gasoline prices jump 5%, while heating oil gains 2.5%. Energy stocks buck the downtrend, moving higher…
Texas Oil & Gas Company Weekly Update
Texas Producers First Well Permits Since Feb 1 2019 or Greater LP OPERATING, LLC_Texas_1_PRUE RANCH (ANACACHO) Primary Field_Oil Well Wapiti Operating, LLC_Texas_4_WILDCAT Primary Field_Oil or Gas Well STRATEGY OPERATING, LLC_Texas_8_WILDCAT Primary Field_Oil or Gas Well KRAMER OPERATING_Texas_9_PRIDEAUX (STRAWN 3600) Primary Field_Oil Well JDL OPERATING, LLC_Texas_9_WILDCAT Primary Field_Oil Well Jmh Productions,…
Oil & Gas Company Daily News
Today’s energy and equity market update: Brent moves back above US$65 a barrel. WTI dips 0.1%, despite expected drawdown in crude stockpiles. Heavy oil discount falls below US$13 a barrel. Cdn Light moves higher, as discount narrows by another US$1. AECO spot prices finally moves back above zero. TSX energy gives…
