Texas Accounts First Well License Since Dec 1 2018 or Greater Triple S Gas, Inc._48546189_9_WICHITA COUNTY REGULAR Primary Field TEXAS SHALLOW OIL & GAS, LLC_50342429_9_YOUNG COUNTY REGULAR Primary Field TETTLETON, STEVEN B._33735470_9_MONTAGUE COUNTY REGULAR Primary Field PETROPLEX SWD SYSTEM, LLC_31742248_8_SPRABERRY (TREND AREA) Primary Field TDC ENGINEERING, INC_20732953_7_EIGHT HIGH (4800) Primary…
Oil & Gas Daily Update
oday’s energy and equity market update: Traders dump stocks and commodities, as US/China trade talks fizzle. Brent drops 2%, and ends Tuesday below US$70. WCS drops 2%, as heavy oil discount widens to US$12.50. Gasoline gives back another 2.4%, falling below US$2/gal. TSX energy falls 1.3%, while SPX energy drops 0.6%. Today’s…
Oil & Gas Daily Update May 6 2019
Today’s energy and equity market action: Crude benchmarks nudge up slightly. C5+ gains almost 1%, as differential to WTI narrows. Henry Hub gives back another 2%. Trump threatens major increase in Chinese import tariffs …… sending global equity markets for a wild ride. Energy sectors little changed on TSX/SPX. US refining…
Western Canada Weekly Permit Summary May 05 2019
Interesting News Plains Midstream Canada (PMC) today announced that it is constructing a new 50,000 barrel per day crude oil terminal in Mitsue, Alberta, on its Rainbow Pipeline system, supported by long-term commitments from area producers. Rangeland Midstream Canada, Ltd. announced its plans to design, construct and operate new crude…
Oil & Gas Weekly Summary May 5 2019
ALBERTACdn Press • AER director quits ahead of being fired by KenneyCBC • Trident Exploration ceases operations and abandons 4,700 wellsBNN • Suncor CEO: Crude-by-rail ‘doesn’t make sense to us’PostMedia • Suncor urges peace with BC and end to curtailmentAB Gov’t • Bill C-69: Statement from Premier KenneyPostMedia • After 50 yrs of trying to diversify…
Oil & Gas Daily Update May 3 2019
Today’s energy market action: Oil prices little changed for the day, but down 2% for the week. Edmonton Condensate gains 0.4%, as discount to WTI narrows. Canadian benchmarks post third week of losses. Henry Hub falls 1%, after EIA reports unusually high inventory build. Today’s equity market action: US jobless rate…
Texas Weekly Update May 1 2019
Texas Accounts First Well License Since Dec 1 2018 or Greater TEXAS PIPELINE LLC_32333520_1_WILDCAT Primary Field IH 10 WEST_25536448_2_EAGLEVILLE (EAGLE FORD-2) Primary Field ASPECT ENERGY_24532879_3_WILDCAT Primary Field CASTEX ENERGY, INC._8932757_3_WILDCAT Primary Field SEI OPERATING_35130926_3_BON WEIR (SPARTA) Primary Field Awp Operating Company_4732539_4_MILLS BENNETT, SE. (VICKSBURG 6) Primary Field Charro Operating LLC_24732483_4_COLORADO (LOMA…
Oil & Gas Daily Update May 2 2019
Today’s energy and equity market action: Brent and WTI declined again on Thursday. Cdn benchmarks drop 3%, as discounts to WTI little changed. Gasoline falls 2%, while heating oil and Henry Hub declines 1%. Energy once again worst performing sector on TSX and SPX. Today’s notable energy news: PSAC lowers 2019…
Daily Oil & Gas Update May 1 2018
Today’s energy and equity market action: Big build in US crude inventories sends Brent and WTI lower. Cdn Light and WCS move higher as discounts to WTI narrow. Energy stocks tumble 2.1% on TSX, and 2.8% on SPX. Today’s notable energy news: US crude stockpiles rise 10M bbls, while output hits new…
Daily Oil & Gas Update April 30 2019
Today’s energy and equity market action: Light oil benchmarks move higher on Tuesday, and end April up 6%. Cdn heavy gains 1.4% in April, as discount widens by US$3/bbl. Gasoline gains 2% for the day, and 10% for the month. TSX energy falls 1% for the day, but rises 5% for the month. SPX…
