Condensate prices in Canada are soaring—now sitting some $14/barrel ABOVE WTI—making it the most valuable Canadian energy product.
It’s creating huge profits for the lucky few natural gas producers who have large condensate volumes in their production stream.Condensate is both a heavy Natural Gas Liquid (NGL), and a super light...
The Cline Shale in Texas is one of the hottest new shale plays in the USA. Devon Energy (DVN-NYSE) is suggesting it’s a huge play, pervasive over a very large area on the eastern shelf of the Permian Basin.
In fact, the Permian is bursting with new resource plays—what’s old...
In Part 1 of our story on Turkey, contributing editor Jen Alic reviewed the country's intriguing onshore and offshore oil potential. Today in Part 2, we'll look at where the Big Prize lies: the Dadas Shale—a huge unconventional shale play—and which Canadian-listed junior producers may be best positioned in this emerging...
I have been actively buying and selling in the portfolio last week, and informing subscribers of new investment ideas has kept me away from the blog more than usual. But a chart I follow caught my attention this weekend and I think it could help investors determine the next...
One of the (most profitable) things I do for subscribers is stay on top of all the new shale plays popping up all over the world.
While shale oil and gas are widespread in North America, the global shale revolution is just starting — but is sure to continue for...
By Bill Powers
Which natural gas producers will make it through this winter of low prices? I’ll tell you one that I think will survive….but first I’ll tell you one today that probably will not.
Natural gas prices on the NYMEX dipped below $2/mmBTU in December 2015 for just the second...
The Saudis want control of the oil market back, and they are lowering prices to weed out the high cost producers.
But I found a western producer with even lower costs per barrel than the Saudis.
That’s right—someone who beat them at their own game. Just like the Saudis, this company...
Crescent Point’s Torquay Discovery Reignites Southeast Saskatchewan
Just when you thought The Bakken couldn’t get any better—it does.
Oil producers are now “cracking the code” on the Torquay, or Three Forks formation below the Bakken, and coming up with incredible economics—these wells are paying back in only seven months.
This news has completely re-invigorated the Canadian side of the Bakken. And on the US side, the Three Forks is causing industry to leap-frog estimates...
