Wcs oil price psac

1 Nov 2019 The Petroleum Services Association of Canada (PSAC) released a grim drilling & production forecasts - 2019 Guidance with the Daily Oil Bulletin. The 2020 forecast is based on average AECO natural gas prices of  30 Jan 2020 Canada's top five oil and gas producers—all but Husky Energy holding A lack of oil pipeline and rail capacity from the region tanked regional crude prices at the end of Intermediate (WTI)—Western Canadian Select (WCS) differential, PSAC's 2020 drilling forecast assumes $58/bl for WTI at Cushing, 

CALGARY, ALBERTA (May 1, 2019) – Today, the Petroleum Services Association of Canada (PSAC) in its Midyear Update to the 2019 Canadian Oilfield Services Activity Forecast lowered, for a second time, its Forecast for the number of wells drilled (rig released) in 2019 across Canada to 5,300 wells – a drop of 1,300 or twenty per cent (20% The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$57.68 a barrel in January 2020, 12.3% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$36.82 a barrel in January 2020, 7.3% higher than it was a year earlier. The new study is powered by Canoils, a leading provider of financial and asset-level oil and gas data for the Canadian market. The PSAC data neatly complements the existing information found within Canoils’ database. Prices for the PSAC Well Cost Study data start at $3,500. Discounts are available for PSAC members. Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools Get updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts. The Daily Oil Bulletin (DOB) is the most trusted source of exclusive news, data and analysis for Canada’s oil and gas industry. PSAC has based its updated forecast on an average natural gas price of C$1.65/mcf (AECO), crude oil price of US$57.00/bbl (WTI), and a U.S.-Canada exchange rate averaging $0.75.

9 Jan 2020 Over the previous five years, the price difference between West Texas This backup lead to a WTI-WCS differential of 45 USD/bbl in November 2018. on Canadian oil cost the Canadian economy more than 80 million dollars per day. In July, the Petroleum Services Association of Canada (PSAC) 

The Daily Oil Bulletin (DOB) is the most trusted source of exclusive news, data and analysis for Canada’s oil and gas industry. PSAC has based its updated forecast on an average natural gas price of C$1.65/mcf (AECO), crude oil price of US$57.00/bbl (WTI), and a U.S.-Canada exchange rate averaging $0.75. The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$57.68 a barrel in January 2020, 12.3% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$36.82 a barrel in January 2020, 7.3% higher than it was a year earlier. PSAC bases its 2019 forecast on average natural gas prices of $1.45 CDN/mcf (AECO), crude oil prices of US$69/barrel (WTI), a WCS vs WTI differential of US$24.50/barrel, and the Canadian dollar averaging $0.80USD. PSAC based its updated forecast on an average natural gas price of $1.75 CDN/Mcf (AECO), crude oil price of US$61.45/barrel (WTI), and a Canada US exchange rate averaging $0.79. “While our oilfield services sector is marginally busier than it was last year at this time, this hasn’t necessarily translated into financial bottom lines that Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. All in Excel format, no special software required.

Oil Price Charts. Oilprice.com, in cooperation with its partners, offers over 150 crude oil blends and indexes from all around the world, providing users with oil price charts, comparison tools

1 May 2019 PSAC has based its updated Forecast on an average natural gas price of C$1.65 /mcf (AECO), crude oil price of US$57.00/barrel (WTI), and a has improved with higher WTI prices and narrower WCS differentials, but that  Natural gas supply costs for PSAC areas and CBM play areas . Alberta in situ bitumen production and heavy crude oil price . 2012 WTI and WCS prices .

Prices & Production. Oil & Gas – End of Day Prices: Market Statistics · Oil & Gas – Production and Prices Worldwide · OPEC Monthly Oil Market Report · PSAC 

28 Feb 2019 Average Q4 2018 crude oil pricing, as measured by WTI, heavy crude oil, as represented by WCS, and WTI widened at times during Q4 2018 to As a result, the Petroleum Services Association of Canada ("PSAC") on  30 Nov 2018 When oil prices collapsed in 2014, oilfield services companies were Earlier this month, the Petroleum Services Association of Canada (PSAC) predicted a For weeks, the price of Western Canadian Select (WCS) has been  12 Oct 2018 Bitumen in an open mine area is shown at the historic Bitumount oil sands The price of WCS fell to about US$19 per barrel on Thursday, about READ MORE: PSAC lowers drilling forecast for 2018 as pessimism continues. 10 Mar 2020 Given the near-term outlook for oil and gas pricing, we PSAC based its 2020 forecast on an average AECO natural gas prices of $1.60/mcf, Average commodity prices for WTI, Edmonton Light Sweet, WCS and AECO were  (6.2%) since 2014, as a result of the low oil price environment. Petroleum Services Association of Canada (PSAC) Western Canada Select (WCS). 10 Dec 2019 1981-2006 PSAC Petroleum Services Association of Canada: advancing the “ The pricing of crude petroleum in Canada” MA thesis, University of “The role of pipeline capacity and crude-by-rail in determining the WCS-. While the information contained in this document was obtained from sources believed to be reliable, Stifel FirstEnergy and Petroleum Services Association of Canada do not guarantee its accuracy and completeness. Prior period data sets are available for purchase – please email info@psac.ca for more information.

1 Nov 2019 PSAC bases its 2020 forecast on average natural gas prices of $1.60 CDN/mcf ( AECO), crude oil prices of US$58/barrel (WTI), and the 

The West Texas Intermediate (WTI) price of oil, often a world reference price quoted in the media, averaged US$57.68 a barrel in January 2020, 12.3% higher than it was a year earlier. Western Canada Select (WCS), the price obtained for many Alberta producers of oil, averaged US$36.82 a barrel in January 2020, 7.3% higher than it was a year earlier. PSAC bases its 2019 forecast on average natural gas prices of $1.45 CDN/mcf (AECO), crude oil prices of US$69/barrel (WTI), a WCS vs WTI differential of US$24.50/barrel, and the Canadian dollar averaging $0.80USD.

21 Mar 2019 Due to the exposure to depressed WCS prices, the company generated total negative netbacks. Due to the low Canadian oil prices, the company shut in up to 15% of its production at the end of 2018. Source: psac.ca. 9 Jan 2020 Over the previous five years, the price difference between West Texas This backup lead to a WTI-WCS differential of 45 USD/bbl in November 2018. on Canadian oil cost the Canadian economy more than 80 million dollars per day. In July, the Petroleum Services Association of Canada (PSAC)  28 Feb 2019 Average Q4 2018 crude oil pricing, as measured by WTI, heavy crude oil, as represented by WCS, and WTI widened at times during Q4 2018 to As a result, the Petroleum Services Association of Canada ("PSAC") on  30 Nov 2018 When oil prices collapsed in 2014, oilfield services companies were Earlier this month, the Petroleum Services Association of Canada (PSAC) predicted a For weeks, the price of Western Canadian Select (WCS) has been  12 Oct 2018 Bitumen in an open mine area is shown at the historic Bitumount oil sands The price of WCS fell to about US$19 per barrel on Thursday, about READ MORE: PSAC lowers drilling forecast for 2018 as pessimism continues. 10 Mar 2020 Given the near-term outlook for oil and gas pricing, we PSAC based its 2020 forecast on an average AECO natural gas prices of $1.60/mcf, Average commodity prices for WTI, Edmonton Light Sweet, WCS and AECO were  (6.2%) since 2014, as a result of the low oil price environment. Petroleum Services Association of Canada (PSAC) Western Canada Select (WCS).