OPEC – Page 127 – Oil & Gas 360

Natural Gas Roundup (DOE Inventory Update)

April 11, 2013

NATURAL GAS INVENTORY (Week Ended 4/5/13) Current: 1,673 Bcf Actual Injection/(Withdrawal): (14) Bcf Economist Average Estimate: (16) Bcf Previous: 1,687 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Fracking Doesn’t Cause Significant Earthquakes, Study Says – Bloomberg Hydraulic fracturing used to access oil and gas from rock and shale hasn’t caused “significant” earthquakes, according to a

Crude Oil Cuttings

March 13, 2013

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/8/13) Current: 383,975 Actual Build/(Withdrawal): 2,624 Economist Average Estimate: 2,236 Previous: 381,351 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *EnerCom’s Monthly Energy Industry Data and Trends Reports U.S. oil consumption in December 2012 was 18.1 MMBOPD, down ‐2.5% compared to the prior month and ‐3.6% lower than

Get your Fracs Straight before Inserting Foot in Mouth

March 6, 2013

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/1/13) Current: 381,351 Actual Build/(Withdrawal): 3,833 Economist Average Estimate: 327 Previous: 377,518 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *U.S. Tops Saudi Arabia as World’s Biggest Fuel Producer – WSJ The U.S. has catapulted past Saudi Arabia as the world’s biggest fuel producer, now that abundant production

The Sun Never Sets on a Crude Oil World

December 28, 2012

Every week, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: The Sun Never Sets on a Crude Oil World. CRUDE OIL INVENTORY/’000 bbls (Week Ended 12/21/12) Current: 371,059 Actual Build/(Withdrawal): (586) Economist Average Estimate: (1,555) Previous: 371,645 Click here for the chart with five year

Petronas/Progress Energy Deal Blocked – A Roundup of Coverage

October 22, 2012

Canada blocks Petronas’ bid for Progress Energy – AP TORONTO — Canada has blocked the Malaysian state-owned oil firm Petronas’ US$5.2 billion (CA$5.17 billion) bid for gas producer Progress Energy Resources, saying the proposed investment would not provide a net benefit to Canada. Federal Industry Minister Christian Paradis did not explain his decision in a statement released just before midnight

Bam! It's Earnings Season Again – Q3'12 Estimates

October 17, 2012

EnerCom, Inc. compiled third quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 185 E&P and OilService companies in our database. Click here for the full chart of estimates. OAG360 notes that additional supporting slides for the following data can be found on the Analytics Page. The median OilService company earnings estimate for the

Geopolitical Issues Push WTI/Brent Differential to $23

October 11, 2012

CRUDE OIL INVENTORY/’000 bbls (Week Ended 10/5/12) Current: 366,370 Actual Build/(Withdrawal): 1,672 Economist Average Estimate: 773 Previous: 364,698 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Continental Resources says Oklahoma discovery may add 1.8 billion barrels – Tulsa World Continental Resources Inc. says a shale-oil discovery in Oklahoma may add the equivalent of 1.8 billion

Oil Prices Falling Below $90

October 3, 2012

CRUDE OIL INVENTORY/’000 bbls (Week Ended 9/28/12) Current: 364,698 Actual Build/(Withdrawal): (482) Economist Average Estimate: 1,486 Previous: 365,180 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Presidential debate could shed light on energy issues – Politico Wednesday’s presidential debate offers one of the final chances to pin down the candidates on the energy issues

Brent and WTI – Which Way are They Headed?

September 26, 2012

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Brent and WTI – Which Way are They Headed? CRUDE OIL INVENTORY/’000 bbls (Week Ended 9/21/12) Current: 365,180 Actual Injection/(Withdrawal): (2,446) Economist Average Estimate: 882 Previous: 367,626 Click here for the chart with five

Look Out Below! Crude Oil Plunges

September 19, 2012

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Look Out Below! Crude Oil Plunges. CRUDE OIL INVENTORY/000 bbls (Week Ended 9/14/12) Current: 367,626 Actual Injection/(Withdrawal): 8,534 Economist Average Estimate: 433 Previous: 359,092 Click here for the chart with five year averages. CRUDE

Oil – The Global Commodity

September 12, 2012

Oil – The Global Commodity Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Oil – The Global Commodity. CRUDE OIL INVENTORY/000 BBLs (Week Ended 9/07/12) Current: 359,092 Actual Injection/(Withdrawal): 1,994 Economist Average Estimate: (2,268) Previous: 357,098 Click here for the chart with

ERHC Building Capital Foundation for Future Exploration Potential

August 23, 2012

In an effort to increase capital availability and financial flexibility, ERHC Energy (OTCBB: ERHE) announced its Board of Directors approved resolutions amending the company’s Restated Articles of Incorporation to increase the number of authorized shares and to create or issue one or more classes of preferred stock from shares of currently authorized preferred stock. This is a signal the company

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