Entering 2020, with details of a rumored phase 1 trade deal with China swirling, one question became alarmingly clear here at BTU Analytics: how was China actually going to execute on the promised energy product purchase agreements, specifically for...
Read more..
Archive // Crude Oil
Does ESG Present a Risk to 1.2 MMb/d of Permian Production?
February 4, 2020 |
Despite the start of Gulf Express Pipeline (GCX) in September 2019, Waha natural gas spot prices are trading at $0.43/MMBtu as of Feb. 4, 2020. BTU Analytics’ most recent data indicates flaring volumes in the Permian were around 580...
Read more..
Read more..
Recent E&P Acquisitions Point to Rapidly Declining Acreage Values
November 20, 2019 |
Independent E&Ps are being increasingly pressured by investors to live within their means and generate positive free cash flow. However, given the low commodity pricing environment, some operators may not yet be in a position to do so. With...
Read more..
Read more..
Few Large Permian Operators to See Lasting Impacts of Tight Well Spacing
October 16, 2019 |
Earlier this month, an Energy Market Commentary analyzed how many operators rapidly downspaced horizontal drilling activity in 2017, with the hopes of expanding the potential drillable locations within their finite acreage. For some operators, tighter Permian well spacing resulted...
Read more..
Read more..
Crude Demand Growth Expectations Move Lower
August 13, 2019 |
Both US and international crude oil prices have been on a downward slide in the past few months amid trade tensions between the United States and China. Both WTI and Brent spot prices have swung following updates to trade...
Read more..
Read more..
SB-181 Driving Regulatory Uncertainty for DJ Basin
March 14, 2019 |
As Proposition 112 gained steam in Colorado last fall ahead of the November election, BTU Analytics highlighted the changing political landscape in the state. Voters soundly rejected the ballot item. However despite 55% of voters deciding against the measure,...
Read more..
Read more..
Rising Tides: How Does Increased Hedging Affect Crude Cash Flow?
October 2, 2018 |
A rising tide lifts all boats. This is true in the case of US public E&Ps, where rising WTI prices have contributed to the SPDR Oil and Gas E&P ETF outperforming the overall S&P index by six percentage points...
Read more..
Read more..
