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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Comment by JohnnyDoeon Apr 18, 2022 6:04pm
126 Views
Post# 34611546

RE:Red/JD, DUC's continue to drop and productivity down on all

RE:Red/JD, DUC's continue to drop and productivity down on all
BayStreetWolfTO wrote: Not looking good. As mentioned earlier the best DUC inventory has been depleted. We are on to the scrap inventory now...with the SPR release doing nothing Biden is in trouble...



IEA - Drilled but uncompleted wells in US shale basind fell by 114 m/m to 4,273 in March

US EIA forecasts new well oil production per rig at
1,847 bpd for Bakken (vs 1,879 bpd month ago); DECLINE!
1,146 bpd for Permian (vs 1,160 bpd month ago); DECLINE!
1,990 bpd for Eagle Ford (vs 2,052 bpd month ago). DECLINE!

3 strikes....

User image

shockingly the EIA continues to call for American production increases, significant increases, when all the data says otherwise
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