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 > The shocking truth rig count vs production 2022

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Post by BayStreetWolfTOon Oct 28, 2022 1:30pm

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Post# 35056343

The shocking truth rig count vs production 2022

The bears, shorts and distorters love to talk rig count rising...but looking at the numbers it really is shocking

Dec 31-21
US Production 11,800
US Oil Rig Count 480

Oct 26-22
US Production 12,000
US Oil Rig Count 610

THAT IS A 27% INCREASE IN OIL RIGS WITH ONLY A 1.7% INCREASE IN PRODUCTION...

OH IT'S DRILL BABY DRILL WITH HORRIBLE RATES!!! LOL

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