MONDAY US markets closed for Memorial Day Clean Energy Ministerial Meeting kicks-off in Vancouver, BC TUESDAY Husky Energy Investor Day in Toronto, ON WEDNESDAY API Weekly Statistical Bulletin (holiday schedule) THURSDAY EIA Weekly Petroleum Status Report (holiday schedule) EIA Weekly Natural Gas Storage Report Bank of Canada Interest Rate Decision…
Oil & Gas Company News Recap
IN CASE YOU MISSED IT … CANADA Cdn Press • Encana CEO: AB oil output would rise 4-fold if located in USCBC • BC can’t restrict heavy oil shipments through Trans Mountain USA Bloomberg • Texas pipeline activists face 10-yr sentence under new lawReuters • Permian natural gas prices go negative againJPT • Make or Breakeven:…
Oil & Gas Company Daily News May 24
Today’s energy market action: Oil prices recover some of Thursday’s losses on Friday …… but post largest weekly drop so far this year. Canadian light and heavy benchmarks slide 10% w/w. Gasoline and heating oil also decline 5% w/w. US oil rig counts drop by 5, while Canada adds 16. US energy…
Oil & Gas Daily News May 22
Today’s oil & gas company market action: OECD warns trade wars dragging on global economic growth. Brent falls 1.6%, while WTI slips 2.5%, taking WCS down over 3%. Discounts on Cdn Light and C5+ widen, returning to levels of mid-Dec. Gasoline and heating oil fall 1.5%, while Henry Hub gives…
Oil & Gas Weekly Update May 21 2019
Today’s energy market action: Oil prices end Tuesday little changed. Cdn light/heavy discounts hold steady at US$7.25 and US$15.75. Gasoline prices rise 0.6%, returning to US$2 a gallon. Henry Hub falls over 2%, wiping out Monday’s gains. Energy sectors move up about 1% on both sides of the border. Today’s notable energy news: API…
Texas Oil & Gas Weekly Update
Texas Weekly Update May 22 2019 Texas Accounts First Well License Since Jan 1 2018 or Greater Charro Operating LLC_24732483_4/26/2019_4_COLORADO (LOMA NOVIA) Primary Field NYE EXPLORATION & PROD_13139623_5/9/2019_4_WILDCAT Primary Field Smith Production Inc._42734783_5/4/2019_4_BRAULIA, EAST (VICKSBURG CONS.) Primary Field Sarita Energy Resources Ltd_26131604_5/6/2019_4_EL ANZUELO (MARG A) Primary Field Petroquest Energy, L.L.C._36538458_4/22/2019_6_CARTHAGE…
Canadian Oil & Gas Weekly Update May 20 2019
Interesting News SemCAMS ULC working with Astute Environmental And Regulatory Inc. large compressor upgrade 11-05-069-02W6 Blackspur Oil Corp. New Oil Battery DRAYTON VALLEY 05-27-049-01W5 CNRL 20 New well permits for a total of 5 well pads in BONNYVILLE area CANAMAX new 4 well pad 01-04-085-07W6 DRAYTON VALLEY 18 new well…
Oil & Gas Daily Update May 20 2019
Today’s energy and equity market update: Brent dips 0.3%, while WTI rises 0.5%. Canadian light and heavy benchmarks also move higher. Gasoline falls 1.7%, while heating oil declines 1%. Henry Hub tops US$2.70 for the first time since mid-April. SPX energy sector little moved for the day. Canadian markets closed for…
IN CASE YOU MISSED IT May 19 2019
CANADA CBC • Alberta pleased with energy-friendly proposed revamp of Bill C-69PostMedia • Senators defeat Trudeau’s tanker banBloomberg • Scheer pledges energy independence by 2030Cdn Press • Scheer’s climate plan will look at how Canada can cut emissionsCdn Press • Jason Kenney says provincial carbon tax will die May 30PetroEcon • Canada’s uncivil war USA EIA…
INDUSTRY REPORTS & PRESENTATIONS May 19
ATB • Alberta Economic Outlook • May 2019Fraser Institute • Assessing the Duty to Consult • May 2019Desjardins • Commodity Trends: Energy Stands Out • May 2019IEA • Oil Market Report • May 2019 TECHNICAL AGS • Table of Formations • May 2019NEB • Where does Canada’s gasoline come from? • May 2019