Today’s energy and equity market action: Another global market meltdown pulls oil prices lower. Brent/WTI spread narrows to US$5 a barrel. Heavy oil discount moves back above US$13 …… while Cdn light oil differentials all narrow. Henry Hub and AECO prices also nudge lower. Loonie takes a big haircut. SPX energy sheds another…
Texas Oil & Gas Companies Weekly Update Sept 30 2019
Texas Producers First Well Permits Since May 1 2019 or Greater MAMMOTH EXPLORATION_8_CROSSETT, S. (DETRITAL) Primary Field_Oil or Gas Well PA PROSPECT CORPORATION_8_NINE MILE DRAW (BELL CANYON) Primary Field_Injection Well MILLER, GLENN J._9_COOKE COUNTY REGULAR Primary Field_Oil Well SOUTH BEND RESOURCES, LLC_9_WILDCAT Primary Field_Oil or Gas Well ATTIS OPERATING I…
Oil & Gas Companies Daily Update Oct 2 2019
Today’s energy and equity market action: Oil prices continue steep downward slide. Brent tumbles 3%, while WTI gives back 1%. Heavy oil discount narrows to almost US$12.50. C5+ moves higher, as differential narrows to US$3.60. Henry Hub slumps 2%, while AECO gains 10%. Dismal US manufacturing data sends equity markets lower. SPX…
Oil & Gas Company News Oct 1 2019
Today’s energy and equity market action: Oil prices sink lower, as USD hits 28-month high. Brent and WTI give back all gains from Sept 14 attacks. Cdn crude benchmarks all move lower for the day …… closing out September with a loss. Henry Hub and AECO also move lower for the day ………
Oil & Gas Companies Weekly Update
ALBERTAATB • Income levels across Alberta communitiesCdn Press • University of Calgary touts greener LNG technologyCTV • University of Alberta touts benefits of climate change in EdmontonPM • Alberta touts oil supply security, as markets shrug off Saudi attacksPM • How Saudi attacks could spark investor return to Canada’s oilpatchCBC • ‘Doing the devil’s work’: Cenovus…
Canadian Oil & Gas Companies Weekly Update Sept 30
Interesting News Cardinal Energy Ltd major Compressor upgrade at Oil battery located 08-15-071-04W5 Bonavista Petroleum Ltd major compressor upgrade gas battery located 16-24-037-09W5 Storm Resources Ltd 8 new well license in BC Deltastream Energy new 4 well pad ST. ALBERT 13-32-073-24W4 Tamarack Valley Energy new 10 well pad ST. ALBERT…
Oil & Gas Companies Daily Update Sept 26
Today’s energy market action: Higher stockpiles and higher output push oil prices lower. Brent falls 1%, while WTI and Cdn light oils slide 1.5%. WCS tumbles over 2%, as differential widens slightly. Henry Hub unchanged, while AECO dips 0.3%. US bond yields and USD move sharply higher. SPX energy sector nudge up 0.2%…
Texas Oil & Gas Companies Weekly Update Sept 25
Texas Weekly Update Sept 23 2019 Texas Producers First Well Permits Since May 1 2019 or Greater Sierra Resources, LLC_1_WILDCAT Primary Field_Oil or Gas Well BBL OPERATING COMPANY_3_MADISONVILLE, S. (GEOG. TWN. UP) Primary Field_Oil or Gas Well LONE STAR NGL MONT BELVIEU LP_3_BARBERS HILL Primary Field_Injection Well ONEOK HYDROCARBON SOUTHWEST,…
Oil & Gas Companies Daily Update Sept 25
Today’s energy market action: Oil prices give back all of Monday’s gains, and more. Brent, WTI and Cdn benchmarks all slide over 2%. Heavy oil discount drops below US$13 a barrel. Gasoline prices decline 2%. Henry Hub falls 1%, while AECO retreats 0.5%. API forecasts 1.4M bbl build in US crude stockpiles….
Oil & Gas Companies Daily Update Sept 24
Today’s energy and equity market action: Oil prices finally nudge higher after being flat for three days. Henry Hub little changed, while AECO gas gains 1.5%. TSX/SPX energy sectors both move up 0.1%. Seven oil and gas firms get dropped from TSX Composite Index. Today’s notable energy news: Premier Kenney pitches Alberta to…
