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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Post by Re1ndeer2on Nov 30, 2022 10:40am
249 Views
Post# 35139644

EIA....Big Draw

EIA....Big Draw
U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) 
decreased by 12.6 million barrels from the previous week. At 419.1 million barrels, U.S. crude 
oil inventories are about 8% below the five year average for this time of year. Total motor 
gasoline inventories increased by 2.8 million barrels from last week and are about 4% below the 
five year average for this time of year. Both Finished gasoline and blending components 
inventories increased last week. Distillate fuel inventories increased by 3.5 million barrels last 
week and are about 11% below the five year average for this time of year. Propane/propylene 
inventories increased by 1.6 million barrels from last week and are 13% above the five year 
average for this time of year. Total commercial petroleum inventories decreased by 8.8 million 
barrels last week. 
Total products supplied over the last four-week period averaged 20.5 million barrels a day, down
by 1.1% from the same period last year. Over the past four weeks, motor gasoline product 
supplied averaged 8.6 million barrels a day, down by 6.1% from the same period last year. 
Distillate fuel product supplied averaged 3.9 million barrels a day over the past four weeks, 
down by 9.9% from the same period last year. Jet fuel product supplied was up 3.7% compared
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