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  • Whitecap Resources Inc. achieves record production, increases guidance and announces Investor Day
    by CNW on April 24, 2024 in News, LNG, Whitecap Resources

    CALGARY, AB, April 24, 2024 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited financial results for the three months ended March 31, 2024. Selected financial and operating information is outlined below and should be read with Whitecap’s unaudited interim consolidated financial statements and related [Read more]

  • TOP WELL REPORT – March sneak peek – Crescent Point at the top in the Montney, Tamarack Valley with 2 prolific Charlie Lake wells, and Baytex has 5 x 1,000 bbl/d Clearwater wells
    by Dan Rutherford on April 24, 2024 in News, ARC Resources, Baytex Energy, BOE Intel, Canadian Natural Resources, Crescent Point, Tamarack Valley, Whitecap Resources

    Production data is out for March on a limited basis. Alberta producers have reported oil, gas equivalent, and condensate volumes (but not pentane, NGLs or marketable gas), while Saskatchewan and BC are yet to report. While our complete top well report for March won’t be out for almost another month, it is nonetheless worthwhile to [Read more]

  • TOP WELL REPORT – February volumes – ConocoPhillips and Ovintiv top highest producing wells lists
    by Dan Rutherford on April 24, 2024 in Features, ARC Resources, BOE Intel, Canadian Natural Resources, ConocoPhillips, Crescent Point, Ovintiv, Paramount Resources, Strathcona Resources

    The February data is now fully complete for all provinces so we can report on the highest producing oil and gas wells in Canada for the month**. As always, we use calendar day production metrics so these are real volumes produced in the month. Given the timing lags between when the full NGL data gets [Read more]

  • Namibia excites oil firms by opening up new frontier basin
    by Reuters on April 24, 2024 in News, Chevron, Exxon Mobil, Shell, TotalEnergies

    Oil companies are flocking to Namibia, excited by the country’s plans to open up a major new frontier basin with recent offshore finds ranking among the largest this century. Namibia, which has yet to produce any oil or gas, has become an exploration hotspot after offshore discoveries by TotalEnergies and Shell, and wants to accelerate [Read more]

  • Crude and gasoline stocks fell, distillate stocks rose last week, EIA says
    by Reuters on April 24, 2024 in News

    Crude inventories fell by 6.4 million barrels to 453.6 million barrels in the week ended April 19, the EIA said, compared with analysts’ expectations in a Reuters poll for a 825,000-barrel rise. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 659,000 barrels in the week ended April 19, the EIA said. Refinery crude [Read more]