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  • RSS BOE Report

    • Heavy discount widens after volatile week
      The discount on Canadian heavy crude widened versus U.S. benchmark West Texas Intermediate (WTI) crude on Friday to round off a week of volatile trading: * Western Canada Select (WCS) heavy blend crude for November delivery in Hardisty, Alberta, traded at $16.35 per barrel below WTI, according to Net Energy Exchange. On Thursday November WCS […]
    • Canada weekly rig count increases from 144 to 146
      Canada’s fleet of active drilling rigs increased by 2 since last week according to data from Baker Hughes. Total drilling count was 146 at October 11. 102 rigs were drilling for oil; 44 for natural gas. Drilling activity in Alberta increased by 3, from 94 to 97. Saskatchewan’s fleet decreased by 2 to 34. View […]
    • U.S. drillers add oil rigs for first week in eight -Baker Hughes
      U.S. energy firms this week increased the number of oil rigs operating for the first time in eight weeks even though energy services firms are cutting jobs as most producers follow through on plans to reduce spending on new drilling this year. Companies added two oil rigs in the week to Oct. 11, bringing the […]

 

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