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…
Texas Oil & Gas Companies Weekly Update June 12 2019
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)…
