Texas Producers First Well Permits Since Feb 1 2019 or Greater SCOTT OIL AND GAS LLC_9_GROESBECK CREEK, WEST (MISS) Primary Field_Oil Well AQUA TERRA PERMIAN, LLC_8_SPRABERRY (TREND AREA) Primary Field_Injection Well TURTLE CREEK BLVD_8_SPRABERRY (TREND AREA) Primary Field_Oil or Gas Well Hibernia Resources, LLC_7_SPRABERRY (TREND AREA) Primary Field_Oil or Gas…
Oil & Gas Company News June 12
Today’s energy and equity market action: Brent slides 4%, ending Wednesday back below US$60/bbl. WTI and Canadian Light also give back 4%. WCS falls almost 5%, returning to lows of early January. SPX energy falls 1.4%, wiping out all gains for the week. TSX energy falls 1.3%, approaching lows of early January….
Oil & Gas Companies Daily Alert June 7
Today’s energy market action: Crude prices rise 3%, helped by weaker USD and rising stock markets. Brent dips 2% for the week, while WTI gains 1% w/w. WCS posts first increase since mid-April, rising 6% w/w. Despite ongoing trade wars, US indices all rise over 4% w/w. TSX unchanged on Friday,…
Oil & Gas Company Daily Update June 5
Today’s energy and equity market action: Brent and WTI slide back to January lows. Canadian benchmarks give back about 4%. Gasoline, heating oil and Henry Hub dip 2%. Cdn/US equity markets power higher …… despite steep losses in energy stocks. US midstream stocks get a lift from falling interest rates….
Texas Oil & Gas Company Weekly Update June 5
Texas Accounts First Well Permit Since Dec 1 2018 or Greater CIVRON PETROLEUM RES., LLC_1_FAIRFIELD Primary Field_Oil Well BARRON PETROLEUM LLC_1_WILDCAT Primary Field_Oil or Gas Well Magnum Producing, LP_2_WILDCAT Primary Field_Oil or Gas Well Rheaco Oil Company, Ltd._3_SPINDLETOP Primary Field_Oil Well Hughes, Dan A. Company, L.p_3_DAMON MOUND, EAST (FLT BLK 1)…
Oil & Gas Company Daily Update June 4 2019
Today’s energy and equity market action: Rising stock markets give oil prices a boost on Tuesday. Brent and WTI post first gain in past five trading days. C5+ moves up 1%, as discount to WTI narrows to US$5.50/bbl. US markets surge higher on hopes of interest rate cut. SPX energy gains…
Texas Oil & Gas Company Weekly Update May 29
Texas Accounts First Well License Since Jan 1 2018 or Greater Activa Resources LLC_1_WILDCAT Primary Field_Exploratory Test Well Aurora Resources Corporation_1_WHEELER-MAG (1200) Primary Field_Oil Well BARON ENERGY INC._1_PILGRIM (AUSTIN CHALK) Primary Field_Oil or Gas Well Ricochet Energy, Inc._3_WILDCAT Primary Field_Oil or Gas Well Sandalwood Exploration, L.P._3_BACON (WILCOX 1ST) Primary Field_Oil…
Oil & Gas Company Daily Update May 29 2019
Today’s energy, equity and currency market action: Brent/WTI dip lower and reverse some of yesterday’s gains. Cdn crude benchmarks move higher as discounts to WTI narrow. API forecasts big build in US crude and gasoline stockpiles. Loonie sinks below 74 cents as USD hits 2-yr high. Cdn/US markets post second consecutive…
Oil & Gas Company News Daily Update May 28 2019
Today’s energy and equity market action: Brent rises 2% to over US$70/bbl, as backwardation steepens. WTI gains almost 1%, taking Cdn Light and C5+ higher. WCS drops 1%, as heavy oil discount widens by almost US$1/bbl. Recession concerns trigger market sell-off and drop in bond yields. Energy sectors fall 1.1%…
Canadian Oil & Gas Company Weekly Update May 27 2019
Interesting News PEMBINA large compressor project gas plant 14-28-062-20W5 NuVista Energy Ltd. large compressor project gas battery 16-28-071-09W6 High Ground Energy 4 new Oil satellite – multiwell PROVOST DEEP EARTH ENERGY two new facilities Estevan Husky Energy new 16 well pad Lloydminster 10-28-053-21W3 High Ground 4 new well pads total…
