Post Tagged with: "BOPD"

Courtesy of WPX Energy

WPX Energy: Daily Production 76% Higher than Year Ago

WPX Energy, Inc. (ticker: WPX) reported a net loss of $119 million, or $(0.30) per common share for the first quarter of 2018. Production for the quarter reached 102.7 MBOEPD, a 6% sequential increase over Q4 2017 and 76% higher …


Lilis Energy Firing on all Cylinders

Lilis Energy, Inc. (ticker: LLEX) produced 575,229 net BOE in 2017, or 1,575 BOEPD on average. These production numbers represent an increase of 350% year-over-year. Average Q4 2017 production increased 206% to 1,925 BOEPD.

“The last year in 2017 has …

Cactus II Pipeline Primed with Contracts

Cactus II Pipeline Primed with Contracts

Plains All American Pipeline, L.P. (ticker: PAA) has completed the open season for its Cactus II pipeline, securing long-term third-party shipper contracts totaling 525 MBOPD. The pipeline has an initial capacity of 585 MBOPD and stretches from the Permian Basin …

Cushing, Okla., is one of the United States oil facilities in the Keystone Pipeline System.

TransCanada’s 4,250-kilometre (2,640 mile) Keystone Pipeline System transports approximately 20 per cent of western Canadian crude oil exports to key refineries in the U.S. Midwest and Gulf Coast, where it is converted into fuel and other useful petroleum products.

No Stream Like Midstream

TransCanada, Enbridge and Spectra queue up pipeline projects across all of North America

TransCanada adds Canadian capacity

TransCanada Corporation (ticker: TRP) has a new $2.4 billion NGTL system expansion coming on-line within four years. The NGTL moves gas from the …

ExxonMobil Stacks 2.7 Billion More Barrels into Reserves, Bringing 2017 Total to 21.2 Billion Barrels

ExxonMobil Stacks 2.7 Billion More Barrels into Reserves, Bringing 2017 Total to 21.2 Billion Barrels

Exxon Mobil Corporation (ticker: XOM) added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of 2017 production. ExxonMobil’s proved reserves totaled 21.2 billion oil-equivalent barrels at year-end 2017. Liquids represented 57% of the …

Evolution Petroleum: Delhi Update

Evolution Petroleum: Delhi Update

EnerCom Dallas presenter Evolution Petroleum Corporation (ticker: EPM) provided updated operating results for its Delhi field. Gross oil production for the quarter ended December 31, 2017 averaged almost 7,400 BOPD, up from approximately 6,900 BOPD in the prior quarter.

Field …

Suncor Energy Switches on Production at Fort Hills

Suncor Energy Switches on Production at Fort Hills

Adds 194,000 barrel capacity

Suncor Energy Inc. (ticker: SU) will steadily ramp up its Fort Hills production following the safe startup of secondary extraction on January 27, 2018. Fort Hills, which is located 90 kilometers north of Fort McMurray, has …

Source: Enbridge

Keystone XL Pipeline on Track to Begin Primary Construction in 2019

Open season for Keystone’s additional capacity from Canadian oil producers to U.S. refineries secures 500,000 BOPD 20-year commitments

The Keystone XL open season has concluded with 500,000 BOPD 20-year commitments secured. This allows the proposed project to proceed.

TransCanada Corporation …