Canadian Oil Firms Find “Single Source of Truth” With Enverus
We are proud to work with so many companies that are part of Canada’s $110 billion-a-year oil and natural gas industry. There are Enverus Trading & Risk customers involved in all facets of extracting, processing, and delivering liquid petroleum products from the country’s underground reservoirs and vast oil sands to customers all over the world. […]
Gas Draw Meets Expectations, Forecast Changes Bring Volatility
[contextly_auto_sidebar] Natural gas storage inventories decreased 28 Bcf for the week ending November 22, according to the EIA’s weekly report. This was higher than the market expectation, which was a draw of 27 Bcf. Working gas storage inventories now sit at 3.610 Tcf, which is 548 Bcf above inventories from the same time last year […]
Prices Drop As The Crude Inventory Builds Up
[contextly_auto_sidebar] US crude oil stocks increased by 1.6 MMBbl. Gasoline and distillate inventories increased 5.1 MMBbl and 0.7 MMBbl, respectively. Yesterday afternoon, API reported a crude oil build of 3.64 MMBbl alongside a gasoline build of 4.38 MMBbl and a distillate draw of 0.67 MMBbl. Analysts, to the contrary, were expecting a crude oil draw […]
American-Statesman Names Enverus Winner of Austin Top Workplaces 2019 Award
November 26, 2019
Going Nuclear: Clean and Reliable Energy for a Greener Future
If you print out all of the volumes of research and analysis Enverus Trading & Risk has produced this year, the stack of materials on oil, natural gas, and renewables would dwarf the nuclear power pile. The nuclear energy market just isn’t top-of-mind for energy commodity investors. However, now is the time to start watching […]
From IP to Peak Rates—Navigating Uncertainty
I became very familiar with the vagaries of initial potential (IP) test data reporting when I set a number of horizontal wells during the first wave of horizontal drilling in the Austin Chalk in the Dilley, Texas-area in the early ’90s. We’d be drilling a hole and off in the distance I’d see a large […]
The Week Ahead For Crude Oil, Gas and NGLs Markets – November 25, 2019
[contextly_auto_sidebar] CRUDE OIL US crude oil inventories increased 1.4 MMBbl last week, according to the weekly EIA report. Gasoline inventories increased 1.8 MMBbl while distillate inventories decreased 1.0 MMBbl. Total petroleum inventories posted a decrease of 5.0 MMBbl. US crude oil production was flat to the previous week, per EIA, while crude oil imports were […]
First Draw of the Season Exceeds Expectations
[contextly_auto_sidebar] Natural gas storage inventories decreased 94 Bcf for the week ending November 15, according to the EIA’s weekly report. This is higher than the market expectation, which was a draw of 87 Bcf. Working gas storage inventories now sit at 3.638 Tcf, which is 506 Bcf above inventories from the same time last year […]
Less Than Expected Crude Inventory Build Supports Prices
[contextly_auto_sidebar] US crude oil stocks increased by 1.4 MMBbl. Gasoline inventories increased 1.8 MMBbl while distillate inventories decreased 1.0 MMBbl. Yesterday afternoon, API reported a crude oil build of 5.95 MMBbl alongside a gasoline build of 3.36 MMBbl and a distillate draw of 2.19 MMBbl. Analysts, to the contrary, were expecting a crude oil build […]
Enverus: Tracking America’s Exports Key to Understanding Future of Hydrocarbons Markets
November 19, 2019