Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by raven16on Dec 23, 2023 1:59pm
206 Views
Post# 35799234

RE:RE:RE:RE:Reading a lot of commentary ...

RE:RE:RE:RE:Reading a lot of commentary ...
Kelvin wrote: Well that's another poster ignored. Up to 16 now I think. Anyway yeah HB the word "torque" is used a lot on this board. I'm a mechanical engineer, now retired, but with over 40 oil exploration experience. Torque is force x distance. As an analogy force would be barrels produced at one point in time. Distance would be differential between selling price and break even cost.

But that's at one point in time. I think in terms of power. Like you can force down a pedal of a bicycle with so much force. The bike will surge forward, roll and come to a stop on level ground. To keep the bike going you gotta apply  torque over a period of time ie you gotta keep on pedalung. The harder you push down (force or bbl produced at a point in time) or time) and/or the faster that you pedal (increase in bbl/day) then the more power (earnings power) that you'll put out. 

So what affects earnings power. Differential and bbl/day output. Just like riding a bike. Btw I live where I do cause I made great money ignoring twits.

That Would Be Stocktwits, Right? Just Another Amateur Armchair Critic That Thinks Because He Was An Engineer For 40 Years That He Knows All About Without Owning One Share,Gotta Love It.Way Funny.  Lol 
<< Previous
Bullboard Posts
Next >>