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…
IN CASE YOU MISSED IT
ALBERTAReuters • Alberta in talks to offload crude-by-rail contractsCdn Press • Federal carbon tax coming to Alberta in JanuaryCdn Press • Alberta introduces bill to help First Nations invest in energy projectsBloomberg • Empty Calgary offices turned into apartments as oil jobs dry upBloomberg • Schulich buys 5% of MEG Energy despite competitiveness concerns CANADACAPP…
Canadian Oil & Gas Companies Weekly Update June 17
Interesting News Arc resources plans to drill 82 wells in Western Canada spending $775M – $375M on growth Jupiter Resources Inc new gas plant working with Allardyce Bower Consulting Inc. multiple compressors 03-05-063-07W6 Advantage Oil & Gas Ltd. large battery with compressors & pumps 03-01-073-08W6 SemCAMS ULC large compressor project…
Western Canada New Well Pad Alert June 14
Western Canada New Well PAD Alert – 15 Operators had 19 new well PADS approved for a total of 55 Wells last week. The map below shows the location of the new well pads. Message me for a copy of the full report.
Oil & Gas Company Daily Updates June 13
Today’s energy market update: More tanker attacks in Strait of Hormuz spark rally in oil prices. Brent and WTI gain over 2%, reversing some of yesterday’s declines. Cdn Light and C5+ rise 3%, while WCS moves up almost 4%. Henry Hub slumps almost 3% due to lack of cooling demand in…
Canadian Oil & Gas Companies Weekly Update June 10 2019
Interesting News Baytex Energy Corp. building a large bitumen battery that includes compressors 15-26-083-18W5 Tamarack Plan to drill 94 net ERH Veteran Viking wells, 16 net ERH Consort & Saskatchewan Viking wells and 13 net Cardium ERH wells in 2019 Bonavista Deep Basin 2019 plans include drilling 24 to 32…
