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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 269,000 gross 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

Baytex Energy Corp > Another interesting tid-bit
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Comment by BayStreetWolfTOon May 02, 2022 9:54am
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Post# 34647241

RE:RE:RE:Another interesting tid-bit

RE:RE:RE:Another interesting tid-bitJD, next DUC inventory update will be interesting...Frac spreads really not moving

Supporting labour and materials issues.



JohnnyDoe wrote:
navajojoe wrote:
topdown99 wrote: I just read on oilprice.com that updated figures show US oil production has been declining since Nov 2021 (as reported by Wolf)!


Actually, US oil production is up about 400,000 barrels/day from last November.

. I'll link the article. It clearly says down 457k since November. There's been an ongoing dialogue about the DUC inventory, the drill rig count and the frac count going back many months. I am not surprised the production is down, the data points to that result
https://oilprice.com/Latest-Energy-News/World-News/EIA-Monthly-Data-Shows-A-Dip-In-US-Oil-Production.html


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