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.

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Baytex Energy Corp > Supply tightness, still?

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Comment by Moemoney42on Aug 19, 2022 1:14pm

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Post# 34907787

RE:RE:Supply tightness, still?

Exactly Red.. and what Mr. Small forgets is the natural decline of a given well/field will drop by a minimum 10% per year.. so we need to find an additional 10 million barrels every year to stay with flat global production.. a million barrels from Iran or Lybia for that matter are a drop in the bucket.. of course he doesn't post anything about that fact does he.. LOL..

red2000 wrote: Just to be sure we are talking the same language. That was 3 years ago !!

1.4 billion motor vehicles

The US publisher Ward's estimates that as of 2019, there were 1.4 billion motor vehicles in use in the world.

How many new motors cars coming in India in China for the next 5 years !!!???

1,200,000 Electric vehicules with Ford, ok let's push that to 10M

So here is the comparaison

10,000,000 Elect vehicules === ,7 of 1% !!!
1,400,000,000 motors vehicules == 99,3% !!!

And we don't count the new motors cars still in production to also compare new elect vehicules vs new motors cars !

Only my O !