Hi everyone !
There really isn't much for me to post I haven't already posted , or repeated many times !
However , here is something I have brought up very little , and that is this ..........
NGL 2020 end of year 4874 NGL - bbls
2021 wnd of year 10568 NGL bbls- More than double
Natural gas end of 2020 62,289 mcf/d
end of year 2021 180,820 mcf/d Nealry TRIPLE ??
So am I wrong to say that if we are 27% Gas or liquids NGL and the price of NGL doubles than this 27% May represent 54% percent of production revenues ? Not sure exactly how much the price of NGL - Natural gas TRIPLED FROM 2 dollars to say 6 dollars . Isn't this massive ? Someone want to say in here , because I know there is almost no talk of whitecap being only 73 percent oil . There is almost no focus on the 27 percent that is Gas or NGL ?
The Montney holdings they bought , are seriously not getting any credit , and I think , that with prices looking Like there going to stay strong with the Europe issue and export causing tightness in supply here , that I feel anyway there is going to be EYES ON THIS AT EARNINGS . I think there going to point this out at earnings in a meaningful way , and this is going cause a larger increase in target prices that will naturally follow just the way things are , almost no one is discussing this ?
So see below the facts. However I am not good with copy paste. So it's blown up very large !!
Crude oil (bbls/d) | 79,315 | 48,527 | 75,387 | 52,656 |
NGLs (bbls/d) | 10,568 | 4,874 | 10,418 | 4,982 |
Natural gas (Mcf/d) | 180,820 | 62,289 | 158,501 | 66,146 |
Total (boe/d) (2) | 120,020 | 63,783 | 112,222 | 68,662 |