the eias updated drilling productivity report on mon guessed that us production will grow 80k bopd in may amp
The EIA’s updated Drilling Productivity Report on Mon guessed that US #oil production will grow 80K bopd in May & #natgas volumes 2 B up by ~900 mmcf/d from 7 largest shale oil fields--almost 1 bcf/d. Permian 50% of oil and 25% of THE GAS-wow.
price not just a supply story demand growth out of china for the jan feb period is up 400kb d y y demand growt
#oil price not just a supply story--demand growth out of China for the Jan-Feb period is up +400kb/d Y/Y. Demand growth in India for this same period is up 300kb/d while strength in the US petrochemical sector has pushed up demand by 295kb/d.
waha and el paso permian cash natural gas prices traded in positive territory today for the first time in more
Waha and El Paso Permian cash natural gas prices traded in positive territory today for the first time in more than two weeks--gotta believe there will be some UGLY realized pricing in Q1 reports in May.
hey canada did you know that several pipelines totaling 2 million barrels a day will be installed this year in
Hey Canada, did you know that several pipelines totaling 2 million barrels a day will be installed THIS YEAR in west Texas...no US protesting. And $58 BILLION will be spent on getting natgas to market--which is almost worthless...how many jobs and taxes you think that creates?
yesterday canada s heavy oil traded us2828 per barrel while wti was us7378 by contrast colombian heavy oil tra
Yesterday, Canada's heavy oil traded US$28.28 per barrel, while WTI was US$73.78! By contrast, Colombian heavy oil trades at a slight premium to WTI. Today, Canada's WCS trades at $29.79. A 2-handle. Less than $30.