Texas Weekly Update April 17 2019

Operators First Well License Since Nov 1 2018 or Greater  New Century Exploration, Inc._23933932_2_ELBERT GOFF (FRIO 4230) Primary Field C & E Operating, Inc_8932756_3_WILDCAT Primary Field Smith Production Inc._42734783_4_BRAULIA, EAST (VICKSBURG CONS.) Primary Field BELTER INC._44736779_7_THROCKMORTON COUNTY REGULAR Primary Field Atmos Energy Corporation_44134601_7_WILDCAT Primary Field Raw Oil & Gas, Inc._50137139_8_BRAHANEY, EAST…

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Oil & Gas Daily Update April 2

Today’s energy and equity market action: A relatively good day for oil prices, despite a slight pullback in equity markets. Brent rose 0.5%, edging closer to the US$70 threshold, while WTI rose 1.6%. The spread between the two benchmarks shrank to US$6.80 a barrel, the lowest since last fall. Canada’s…

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Canadian Oil & Gas Weekly Update April 1 2019

Interesting News Yangarra Resources working with Grey Owl Engineering Ltd. large compressor 12-20-037-07W5 Whitecap Resources Inc. new compressor 16-18-062-02W6 Peyto Drill 50Hz Wells (Liquids Rich Natural Gas) vs 70 in 2018 BC 28 new well license approved last week CNRL two 5 well pads approved 16-35-058-03W4 & 12-19-065-05W4 Teine Energy…

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Oil & Gas Daily Update March 29

Today’s energy market action: Risk appetite resurfaced on Friday, sending equity markets and most commodities higher, Brent rose almost 1% while WTI gained 1.4%, ending the week back above US$60 for the first time since early November. Canadian Light and WCS also rose about 1.5%. The Edmonton Condensate (C5+) discount…

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Oil & Gas Update March 27

Today’s energy and equity market action: A surprise build in US crude stockpiles sent WTI 1% lower on Wednesday, giving back some of yesterday’s gains. Brent ended the day roughly unchanged. WCS declined 1.3%, while Canadian Light posted a 0.4% drop, helped by a slight narrowing of its discount to…

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Texas Operators New Drilling Permits

Texas Operators who Drilled Wells for the First Time Since Nov 1 2018 or Greater BEACH EXPLORATION, INC._11533779_2/28/2019_8A_KEY WEST (SPRABERRY) Primary Field Brower Oil & Gas Co., Inc._943190_3/11/2019_9_ARCHER COUNTY REGULAR Primary Field C & B EXPLORATION_35534176_3/18/2019_4_AGUA DULCE Primary Field E R OPERATING COMPANY_50137125_3/23/2019_8A_SABLE (SAN ANDRES) Primary Field Foreland Operating, LLC_23536399_3/18/2019_7C_LIN…

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Texas Operators New Well Permits

Texas Operators Approved Well Permits for the First Time Since Nov 1 2018 or Greater FINGER OIL & GAS_1335682_2/25/2019_1_WILDCAT Primary Field FOSSIL CREEK ENERGY CORPORATION_46530876_2/28/2019_1_WILDCAT Primary Field Lamar Oil & Gas, Inc._39133199_2/26/2019_2_WILDCAT Primary Field CAPROCK FIELD SERVICES_38937871_3/7/2019_8_PHANTOM (WOLFCAMP) Primary Field STATELINE WATER, LLC_30134359_3/9/2019_8_TUNSTILL (DELAWARE) Primary Field WATERFIELD MIDSTREAM OP I…

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March 26 Oil & Gas Update

Today’s energy market action: Traders returned to stocks and commodities on Tuesday, sending oil prices and most global indices higher. Brent rose 1%, while WTI gained almost 2%, ending the day just a hair below US$60 a barrel. Canada’s light and heavy oil benchmarks also rose 2%. Discounts to WTI were roughly unchanged for the…

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March 25 Daily Oil & Gas News

Today’s energy market action: A relatively quiet day in energy markets on Monday, with Brent posting a 0.3% gain and WTI posting a 0.4% loss. The discount on Canadian heavy narrowed by about US$0.50, ending the day at just over US$9 per barrel, and sending WCS up 0.5%. The WCS…

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Canadian Oil & Gas Weekly Update March 25 2019

Interesting News Deltastream Energy New Bitumen battery 05-25-075-26W4 Tervita Corporation approved large Injection/disposal facility – water 01-29-061-04W6 Sukunka Natural Resources Inc. License Amendment Pump Station NTS A- 019-E/093-P-12 37 New Well License Approved in BC Last Week Steelhead Petroleum Ltd. approved 3 well pad 04-05-034-24W3 total of 7 wells Cona…

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