MEG Energy Corp T.MEG

Alternate Symbol(s): MEGEF

Energy Oil & Gas E&P

MEG Energy Corp. is a Canada-based energy company focused on in-situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the economic recovery of oil. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.

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MEG Energy Corp > EIA: Monster Draws!

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Post by MigraineCallon Aug 17, 2022 10:40am

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Post# 34901975

EIA: Monster Draws!

EIA data, week ending 8/12
Crude oil: -7.1M
Domestic prod: 12.1MMbpd
SPR: -3.4M Cushing: +0.2M
Gasoline: -4.6M
Impld mogas demand: 9.35MMbpd
Distillates: +0.8M
Refiner utilz: 93.5%
Total exports: 10.71MMbpd

US crude inventories fell by 10.458mb last week (commercial: -7.056mb, SPR: -3.402mb) EIA

US petroleum inventories (crude, oil products, SPR) fell by 12.561mb w/w to 1.673.923mb last week - EIA

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