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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > US O&G - The ultimate EIA dilemma
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Post by BayStreetWolfTO on Apr 19, 2022 1:05pm

US O&G - The ultimate EIA dilemma

How in the world with production not increasing do you TRIPLE the wells drilled in the next 2-3 years?

Not to mention those remaining DUCS's are poor quality...

JD to your point I think this was badly missed on the CNBC segment....there is NO way US is getting to 13m any time soon.

Pretty soon all those people will be wondering why the EIA was soooooo wrong.....just like the IEA has been written off...

Chart tells the story


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Comment by topdown99 on Apr 19, 2022 6:14pm
Its the usual "crop of feces" peddled by the msm , ie: Mike McGloom said again today "they will just drill more and produce more" without considering pipeline capacity or hostile government policy . Just like Hunter Biden's laptop , ignore the truth and broadcast the myth , today was a media generated selloff (if you can even call it that). Well the chickens are ...more  
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