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…
Canadian Oil & Gas Company Weekly Update
Interesting News Enhance Energy Inc working with Tuxtla Gas Engineering Ltd. large compressor upgrade oil battery 04-15-040-24W4 CNRL 28 new well permits we are seeing an increase in the BANTRY area. TORXEN RESOURCES LTD. 17 new well permits, 13 of the permits related to well pads Encana new 8 well…
Canadian Oil & Gas Company Weekly Update
INDUSTRY REPORTS & PRESENTATIONS …AB Gov’t • Alberta Oil and Gas Quarterly • Q2/2019IEA • Monthly Oil Price Statistics — Data to May 2019 • Jun 2019OPEC • 2019 Annual Statistical Bulletin • Jun 2019 TECHNICALCNRL • Cliffdale heavy oil EOR pilot in Peace River • May 2019CNRL • Horizon Oil Sands: 2018 Tailings Management Report • Apr 2019 CORPORATE…
Oil & Gas Company Daily Update
Today’s energy and equity market update: Iran shoots down US military drone, sending oil prices sharply higher. Brent moves up 4%, WTI gains 5%, while Cdn Light gets a 6% boost. WCS rises almost 8%, ending the day at US$43/bbl. Henry Hub breaches another 3-year low …… while AECO spot…
Oil & Gas Companies Daily Update
Today’s energy and equity market update: Oil prices take a breather, sending most energy stocks lower. Brent falls 0.5%, while WTI and Cdn Light dip 0.3%. WCS and C5+ buck the downtrend, as differentials narrow. Henry Hub sinks over 2%, and touches new 3-year low. Canada’s inflation rate moves sharply higher —…
Oil & Gas Companies Daily Update
Today’s energy and equity market update: Oil prices move higher, as WTI adds 4% while WCS gains over 5%. Global bond yields move lower, and lower. Markets rally after President Trump makes plans to meet with President Xi. Canadian energy basket gains 1%, while US energy stocks rise 1.4%. Today’s notable energy news: API forecasts…
Texas Oil & Gas Companies Weekly Update
Texas Weekly Update June 19 2019 Texas Producers First Well Permits Since Feb 1 2019 or Greater Cheyenne Petroleum Company Limited Partnership_1_EAGLEVILLE (EAGLE FORD-1) Primary Field_Oil or Gas Well CARBURANTE EXPLORATION CO, LTD._1_LOMA ALTA (WILCOX C) Primary Field_Oil or Gas Well BAYSHORE OPERATING CORP., L.L.C._1_MARCELINA CREEK (AUSTIN CHALK) Primary Field_Oil…
Oil & Gas Company Daily Update
Today’s energy and equity market update: A mixed Monday in energy markets, as energy stocks shrug off lower oil prices. Brent falls almost 2%, while WTI retreats 1%. Cdn Light little changed, as differential to WTI narrows by US$0.50. WCS falls almost 4%, as differential to WTI widens by US$1. Gasoline tumbles…
