Energy Market Commentary // Economics

BTU View: Permian Operator Breakevens

February 19, 2020 |
Average stock performance for independent E&P companies has struggled as oil and gas prices have weakened moving through 2020. WTI oil prices have fallen almost 20% and are hovering just above $50/bbl on global demand concerns. Additionally, natural gas...
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Ethane Recovery Outlook in 2020

LPG Liquefied Petroleum Gas
January 7, 2020 |
As most of us following energy markets know, 2019 was not a strong year for natural gas liquids pricing. Ethane was priced at just 17 cents per gallon at market close for the final day of trading in 2019,...
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Are the Cards STACKed Against Oklahoma in 2019?

July 11, 2019 |
Oklahoma’s shale play trajectories have changed course in recent months as rig counts dropped in the Sooner State. Despite operator enthusiasm for strong basin potential, high breakeven hurdles and unsupportive commodity pricing continue to threaten the viability of Oklahoma’s...
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Shale EOR – Changing the Game?

June 11, 2019 |
After a decade of shale development, could the next era of extraction from shale be set to ramp up? EOG began secondary recovery pilot programs in the Eagle Ford all the way back in 2012. Those pilot programs expanded...
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How Low Can Waha Natural Gas Prices Go?

April 4, 2019 |
Waha natural gas cash prices traded as low as a negative…yes negative…$6.60/MMBtu on April 3 and averaged for the day nearly $3.75/MMBtu below zero. Permian producers are paying for the right to produce oil, avoid flaring, and potentially not...
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