Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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.

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Baytex Energy Corp > JD, Red, Td et al....DUC chart update..your opinion..

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Comment by BayStreetWolfTOon Jun 07, 2022 9:23am

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RE:RE:JD, Red, Td et al....DUC chart update..your opinion..

I agree JD, I think oil and the younger generation don't mix...

JohnnyDoe wrote:

BayStreetWolfTO wrote: It seems drillers have a bigger issue than many think. Frac spreads have now dropped two weeks in a row despite surging oil prices...

If you can't complete it you can't cover off those high decline rates.

This Frac spread graph seems to be worse than I thought. Your thoughts? I know we talked about labour issues, supply issues, cost of inflation etc....but did you think we would be at this point where oil has been $100+ for over 3 months and we can't hold above 280 let alone increase materially?

I've been away and disconnected for 4 days. Looks like I missed a big pop on Friday.
I'd chaulk the biggest issue up to labour shortages. I thought money would cause people to return but it doesn't look like that's happened yet