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IMPORTANT OIL & GAS NEWS

ARCHIVED OIL & GAS NEWS ... 2001

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(12/28) ... Baker-Hughes reported U. S. rig count at 887 (139 oil and 747 gas rigs), up 5 compared to last week's and versus 1,114 last year's ...
(12/27) ... AGA reported a withdrawal of 81 BCF from the natural gas storage at 2,980 BCF, representing 89.9% full ...the DOE reported crude oil stocks up 2.6 MMB at 312.1 MMB, distillate stocks down 1.7 MMB at 137.0 MMB, unleaded gasoline stocks down 3.3 MMB at 207.0 MMB compared to prior week's ... API reported crude oil stocks up 0.15 MMB, distillate stocks down 0.65 MMB, unleaded gasoline stocks down 3.63 MMB, and refinery capacity down 0.7% at 89.5% compared to prior week's ...
(12/21) ... Baker-Hughes reported U. S. rig count at 882 (140 oil and 742 gas rigs), down 25 compared to last week's and versus 1,087 last year's ...
(12/19) ... AGA reported a withdrawal of 45 BCF from the natural gas storage at 3,061 BCF, representing 92.3% full ...the DOE reported crude oil stocks up 0.4 MMB at 309.5 MMB, distillate stocks down 1.6 MMB at 138.7 MMB, unleaded gasoline stocks down 0.9 MMB at 210.3 MMB compared to prior week's ...
(12/18) ... API reported crude oil stocks up 2.57 MMB, distillate stocks down 3.01 MMB, unleaded gasoline stocks down 0.82 MMB, and refinery capacityup 0.2% at 90.2% compared to prior week's ...
(12/14) ... Baker-Hughes reported U. S. rig count at 907, down 21 compared to last week's and versus 1,107 last year, 151 oil and 756 gas rigs ...
(12/12) ... AGA reported a withdrawal of 22 BCF from the natural gas storage at 3,106 BCF, representing 93.7% full ... the DOE reported crude oil stocks down 2.4 MMB at 309.1 MMB, distillate stocks up 2.3 MMB at 140.3 MMB, unleaded gasoline stocks down 0.9 MMB at 211.2 MMB compared to prior week's ...
(12/11) ... API reported crude oil stocks up .27 MMB, distillate stocks up 3.52 MMB, unleaded gasoline stocks up 1.21 MMB, and refinery capacity down 1.4% at 90.0% compared to prior week's ...
(12/7) ... Baker-Hughes reported U. S. rig count at 928, down 24 compared to last week's and versus 1,088 last year, 159 oil and 769 gas rigs ... Canada rig count at 274, up 17 compared to last week's and versus 409 last year ...
(12/5) ... AGA reported a withdrawal of 16 BCF from the natural gas storage at 3,128 BCF, representing 94.3% full ... the DOE reported crude oil stocks up 4.2 MMB at 311.5 MMB, distillate stocks up 2.4 MMB at 138.0 MMB, unleaded gasoline stocks up 4.4 MMB at 212.1 MMB compared to prior week's ...
(12/4) ... API reported crude oil stocks up 2.02 MMB, distillate stocks up 3.78 MMB, unleaded gasoline stocks up 2.56 MMB, and refinery capacity up 0.1% at 91.4% compared to prior week's ...
(11/30) ... Baker-Hughes reported U. S. rig count at 952, down 34 compared to last week's and versus 1,090 last year ... Canada rig count at 257, up 3 compared to last week's and versus 409 last year ...
(11/28) ... AGA reported an injection of 12 BCF into the natural gas storage at 3,144 BCF, representing 94.8% full ... the DOE reported crude oil stocks down 3.1 MMB at 307.3 MMB, distillate stocks up 5.1 MMB at 135.6 MMB, unleaded gasoline stocks up 1.0 MMB at 207.7 MMB compared to prior week's ... Dynegy withdrew the $8.4-billion plan to acquire Enron after 2 credit raters lowered Enron's credit to junk status ...
(11/27) ... API reported crude oil stocks down 0.80 MMB, distillate stocks up 6.98 MMB, unleaded gasoline stocks up 1.98 MMB, and refinery capacity up 0.6% at 91.3% compared to prior week's ...
(11/23) ... Crown Central's refinery in Pasadena, Texas was shut down after a fire broke out while transferring LPG during a routine maintenance ... Baker-Hughes reported U. S. rig count at 986, down 7 compared to last week's and versus 1,064 last year ... Canada rig count at 254, down 14 compared to last week's and versus 380 last year ...
(11/21) ... AGA reported an injection of 15 BCF into the natural gas storage at 3,132 BCF, representing 94.1% full ... the DOE reported crude oil stocks down 1.3 MMB at 310.4 MMB, distillate stocks down 0.2 MMB at 130.5 MMB, unleaded gasoline stocks up 1.4 MMB at 206.7 MMB compared to prior week's ...
(11/20) ... API reported crude oil stocks up 0.36 MMB, distillate stocks down 0.70 MMB, unleaded gasoline stocks up 0.34 MMB, and refinery capacity up 0.1% at 90.7% compared to prior week's ...
(11/19) ... Phillips Petroleum bids $15.2 billion for Conoco to create ConocoPhillips, third largest domestic oil company ... London Electric Group agreed to acquire TXU's distribution business in the United Kingdom and 50% stake in "24seven" (operates and maintains networks for TXU and London Electric) ... London Electric also agreed to acquire the West Burton power station from TXU for $523 million ...
(11/16) ... Baker-Hughes reported U. S. rig count at 993 (173 for oil and 820 for gas), down 17 compared to last week's and versus 1,057 last year ... Canada rig count at 268, down 2 compared to last week's ...
(11/15) ... the DOE reported crude oil stocks down 0.2 MMB at 311.7 MMB, distillate stocks up 2.5 MMB at 130.7 MMB, unleaded gasoline stocks down 1.6 MMB at 205.3 MMB compared to prior week's ...
(11/14) ... AGA reported an injection of 7 BCF into the natural gas storage at 3,107 BCF, representing 94.1% full ...
(11/13) ... API reported crude oil stocks up 1.06 MMB, distillate stocks up 2.41 MMB, unleaded gasoline stocks down 0.17 MMB, and refinery capacity unchanged at 90.6% compared to prior week's ...
(11/9) ... Baker-Hughes reported U. S. rig count at 1,010, down 48 compared to last week and versus 1,067 last year (176 for oil and 834 for gas) ... Canada's rig count at 270, down 11 compared to last week and versus 328 last year... Dynegy agreed to acquired Enron in stock approx $9 billion ...
(11/7) ... AGA reported an injection of 10 BCF into the natural gas storage at 3,100 BCF, representing 94.1% full ... the DOE reported crude oil stocks up 3.6 MMB at 311.9 MMB, distillate stocks up 0.3 MMB at 128.2 MMB, unleaded gasoline stocks down 1.4 MMB at 206.9 MMB compared to prior week's ...
(11/6) ... API reported crude oil stocks up 3.68 MMB, distillate stocks up 1.54 MMB, unleaded gasoline stocks down 0.73 MMB, and refinery capacity down 1.7% at 90.6% compared to prior week's ...
(11/2) ... Baker-Hughes reported U. S. rig count at 1,058, down 5 compared to last week and versus 1,078 last year (184 for oil and 874 for gas) ... Canada's rig count at 281, down 3 compared to last week and versus 362 last year...
(10/31) ... AGA reported an injection of 23 BCF into the natural gas storage at 3,090 BCF, representing 93.8% full ... the DOE reported crude oil stocks up 2.5 MMB at 308.5 MMB, distillate stocks up 0.4 MMB at 127.9 MMB, unleaded gasoline stocks down 0.6 MMB at 208.3 MMB compared to prior week's ...
(10/30) ... API reported crude oil stocks up 0.88 MMB, distillate stocks down 0.26 MMB, unleaded gasoline stocks down 0.64 MMB, and refinery capacity down 0.4% at 92.3% compared to prior week's ...
(10/26) ... Baker-Hughes reported U. S. rig count at 1,063, down 37 compared to last week and versus 1,084 last year (187 for oil and 876 for gas) ... Canada's rig count at 284, down 19 compared to last week and versus 364 last year...
(10/24) ... AGA reported an injection of 25 BCF into the natural gas storage at 3,067 BCF, representing 93.1% full (last year was at 2,642 BCF) ... the DOE reported crude oil stocks up 2.8 MMB at 305.8 MMB, distillate stocks up 0.9 MMB at 127.5 MMB, unleaded gasoline stocks up 0.6 MMB at 208.9 MMB compared to prior week's ...
(10/23) ... API reported crude oil stocks up 4.91 MMB, distillate stocks up 0.56 MMB, unleaded gasoline stocks up 0.97 MMB, and refinery capacity up 0.4% at 92.7% compared to prior week's ...
(10/19) ... Baker-Hughes reported U. S. rig count at 1,100, down 41 compared to last week and versus 1,054 last year (192 for oil and 908 for gas) ... Canada's rig count at 303, down 8 compared to last week and versus 352 last year...
(10/17) ... AGA reported an injection of 63 BCF into the natural gas storage at 3,042 BCF, representing 90.0% full, from last week ... the DOE reported crude oil stocks down 4.4 MMB at 303.0 MMB, distillate stocks up 2.0 MMB at 126.6 MMB, unleaded gasoline stocks up 2.2 MMB at 208.3 MMB compared to prior week's ...
(10/16) ... API reported crude oil stocks down 7.02 MMB, distillate stocks up 2.77 MMB, unleaded gasoline stocks down 0.65 MMB, and refinery capacity down 0.5% at 92.3% compared to prior week's ...
(10/12) ... Baker-Hughes reported U. S. rig count at 1,141, unchanged from last week and versus 1,045 last year (208 for oil and 933 for gas) ... Canada's rig count at 311, down 5 compared to last week and versus 338 last year...
(10/10) ... the DOE reported crude oil stocks down 0.1 MMB at 307.4 MMB, distillate stocks up 1.9 MMB at 124.6 MMB, unleaded gasoline stocks up 2.2 MMB at 206.1 MMB compared to prior week's ...
(10/10) ... AGA reported an injection of 65 BCF into the natural gas storage at 2,979 BCF, representing 90.0% full, from last week ...
(10/9) ... API reported crude oil stocks down 3.42 MMB, distillate stocks up 1.13 MMB, unleaded gasoline stocks up 2.16 MMB, and refinery capacity up 0.9% at 92.8% compared to prior week's ... Royal Dutch/Shell and Aramco agreed to buy out Texaco's interest from two refining and marketing joint ventures for approx $3.8 billion ... Shareholders of Chevron and Texasco approved the merger of the two companies into ChevronTexaco Corp. ...
(10/5) ... Baker-Hughes reported U. S. rig count at 1,141 (205 oil and 936 gas), down 27 from last week and versus 1,035 last year ... Canada's rig count at 316, up 12 compared to last week and versus 356 last year...
(10/3) ... AGA reported an injection of 66 BCF into the natural gas storage at 2,914 BCF from last week ... the DOE reported crude oil stocks up 1.6 MMB at 307.5 MMB, distillate stocks up 1.0 MMB at 122.7 MMB, unleaded gasoline stocks up 3.1 MMB at 203.9 MMB compared to prior week's ...
(10/2) ... API reported crude oil stocks up 3.42 MMB, distillate stocks up 0.06 MMB, unleaded gasoline stocks up 4.78 MMB, and refinery capacity up 1.7% at 91.9% compared to prior week's ...
(9/28) ... Baker-Hughes reported U. S. rig count at 1,168 (215 oil and 953 gas), down 18 from last week and versus 1,015 last year ... Canada's rig count at 304, down 14 compared to last week ...
(9/26) ... AGA reported an injection of 91 BCF into the natural gas storage at 2,848 BCF, representing 86.5% full, up 2.8% from last week ... the DOE reported crude oil stocks up 3.2 MMB at 305.9 MMB, distillate stocks down 1.6 MMB at 121.7 MMB, unleaded gasoline stocks up 8.5 MMB at 200.8 MMB compared to prior week's ...
(9/25) ... API reported crude oil stocks down .26 MMB, distillate stocks down 1.30 MMB, unleaded gasoline stocks up 8.7 MMB, and refinery capacity down 2.5% at 90.2% compared to prior week's ...
(9/21) ... Baker-Hughes reported U. S. rig count at 1,186 (224 oil and 962 gas), down 16 from last week and versus 998 last year ... Canada's rig count at 318, unchanged compared to last week and versus 355 last year...
(9/20) ... AGA reported an injection of 90 BCF into the natural gas storage at 2,757 BCF, representing 83.7% full, up 2.7% from last week ...
(9/19) ... the DOE reported crude oil stocks down 0.6 MMB at 302.7 MMB, distillate stocks up 2.0 MMB at 123.3 MMB, unleaded gasoline stocks down 3.1 MMB at 192.3 MMB compared to prior week's ...
(9/18) ... API reported crude oil stocks down .38 MMB, distillate stocks up 1.28 MMB, unleaded gasoline stocks down 4.21 MMB, and refinery capacity down 2.7% at 92.7% compared to prior week's ...
(9/14) ... Baker-Hughes reported U. S. rig count at 1,202 (221 oil and 981 gas), down 14 from last week and versus 1,012 last year ... Canada's rig count at 318, down 10 compared to last week ...
(9/12) ... AGA reported an injection of 95 BCF into the natural gas storage at 2,667 BCF, representing 81.0% full, up 2.9% from last week ... compared to last year's of 2,258 BCF (68.5% full) ... the DOE reported crude oil stocks up 0.8 MMB at 303.3 MMB, distillate stocks up 0.9 MMB at 121.3 MMB, unleaded gasoline stocks up 0.7 MMB at 195.4 MMB compared to prior week's ...
(9/11) ... NY Mercantile Exchange closed today due to tragedy at the World Trade Center ... IPE's Brent gained $1.61/BBL to $29.06/BBL ... API reported crude oil stocks up 0.02 MMB, distillate stocks up 1.45 MMB, unleaded gasoline stocks up 0.16 MMB, and refinery capacity up 0.4% at 94.9% compared to prior week's ...
(9/7) ... Baker-Hughes reported U. S. rig count at 1,216 (222 oil and 993 gas), down 36 from last week and versus 1,012 last year ... Canada's rig count at 328, unchanged compared to last week and versus 266 last year ...
(9/6) ... AGA reported an injection of 77 BCF into the natural gas storage at 2,572 BCF, representing 78.1% full, up 2.4% from last week ... compared to last year's of 2,186 BCF (66.4% full) ... the DOE reported crude oil stocks down 2.0 MMB at 302.5 MMB, distillate stocks down 0.3 MMB at 120.4 MMB, unleaded gasoline stocks down 1.2 MMB at 194.7 MMB compared to prior week's ...
(9/5) ... API reported crude oil stocks up 0.50 MMB, distillate stocks down 1.87 MMB, unleaded gasoline stocks down 1.88 MMB, and refinery capacity up 2.3% at 94.5% compared to prior week's ...
(8/31) ... Baker-Hughes reported U. S. rig count at 1,252 (222 oil and 1,030 gas), up 1 from last week and versus 1,019 last year ... Canada's rig count at 328, down 32 compared to last week and versus 321 last year ...
(8/29) ... AGA reported an injection of 76 BCF into the natural gas storage at 2,495 BCF, representing 75.7% full, up 2.3% from last week ... compared to last year's of 2,144 BCF (65.1% full) ... the DOE reported crude oil stocks up 2.7 MMB at 304.5 MMB, distillate stocks down 0.2 MMB at 120.7 MMB, unleaded gasoline stocks down 6.2 MMB at 195.9 MMB compared to prior week's ...
(8/28) ... API reported crude oil stocks up 2.00 MMB, distillate stocks up 1.17 MMB, unleaded gasoline stocks down 6.78 MMB, and refinery capacity down 0.3% at 92.2% compared to prior week's ...
(8/24) ... Baker-Hughes reported U. S. rig count at 1,251 (216 oil and 1,035 gas), up 9 from last week and versus 996 last year ... Canada's rig count at 360, up 12 compared to last week and versus 339 last year ...
(8/22) ... AGA reported an injection of 86 BCF into the natural gas storage at 2,419 BCF, representing 73.4% full, up 2.6% from last week ... compared to last year's of 2,092 BCF (63.5% full) ... the DOE reported crude oil stocks down 4.0 MMB at 301.8 MMB, distillate stocks up 0.1 MMB at 120.9 MMB, unleaded gasoline stocks down 2.5 MMB at 202.1 MMB compared to prior week's ...
(8/21) ... API reported crude oil stocks down 5.39 MMB, distillate stocks down 0.86 MMB, unleaded gasoline stocks down 3.07 MMB, and refinery capacity down 2.3% at 92.5% compared to prior week's ...
(8/17) ... Baker-Hughes reported U. S. rig count at 1,242 (218 oil and 1,024 gas), down 6 from last week and versus 994 last year ... Canada's rig count at 348, up 51 compared to last week and versus 312 last year ...
(8/15) ... AGA reported an injection of 50 BCF into the natural gas storage at 2,333 BCF, representing 70.8% full, up 1.5% from last week ... compared to last year's of 2,037 BCF (61.8% full) ... the DOE reported crude oil stocks down 2.8 MMB at 305.8 MMB, distillate stocks down 0.9 MMB at 120.8 MMB, unleaded gasoline stocks down 3.2 MMB at 204.6 MMB compared to prior week's ...
(8/14) ... API reported crude oil stocks up 0.11 MMB, distillate stocks down 0.14 MMB, unleaded gasoline stocks down 1.57 MMB, and refinery capacity up 1.3% at 94.8% compared to prior week's ... Devon Energy agreed to acquire Mitchell Energy & Development for approx $3.1 billion in cash and stock plus $400 million debt assumption. Devon acquired Northstar Energy in 1998, acquired PennzEnergy in 1999, and Santa Fe Snyder in 2000 ...
(8/8) ... AGA reported an injection of 80 BCF into the natural gas storage at 2,283 BCF, representing 69.3% full, up 2.4% from last week ... compared to last year's of 1,985 BCF (60.3% full) ... the DOE reported crude oil stocks down 6.5 MMB at 308.6 MMB, distillate stocks up 0.2 MMB at 121.7 MMB, unleaded gasoline stocks down 3.5 MMB at 217.8 MMB compared to prior week's ...
(8/7) ... API reported crude oil stocks down 3.35 MMB, distillate stocks up 0.81 MMB, unleaded gasoline stocks down 1.81 MMB, and refinery capacity down 0.5% at 93.5% compared to prior week's ...
(8/03) ... Baker-Hughes reported U. S. rig count at 1,266 (219 oil and 1,047 gas), unchanged from last week and versus 981 last year ... Canada's rig count at 269, down 18 compared to last week and versus 335 last year ...
(8/1) ... AGA reported an injection of 77 BCF into the natural gas storage at 2,203 BCF, representing 66.9% full, up 2.4% from last week ... compared to last year's of 1,920 BCF ...the DOE reported crude oil stocks down 1.1 MMB at 315.1 MMB, distillate stocks up 0.9 MMB at 121.5 MMB, unleaded gasoline stocks down 3.2 MMB at 211.3 MMB compared to prior week's ...
(7/31) ... API reported crude oil stocks down 3.46 MMB, distillate stocks up 1.48 MMB, unleaded gasoline stocks down 2.95 MMB, and refinery capacity down 0.3% at 94.0% compared to prior week's ...
(7/27) ... Baker-Hughes reported U. S. rig count at 1,266 (216 oil and 1,050 gas), down 12 from last week and versus 975 last year ... Canada's rig count at 287, down 56 compared to last week and versus 319 last year ...
(7/25) ... AGA reported an injection of 84 BCF into the natural gas storage at 2,126 BCF, representing 64.5% full, up 2.5% from last week ... compared to last year's of 1,857 BCF ...the DOE reported crude oil stocks up 1.4 MMB at 316.2 MMB, distillate stocks up 1.5 MMB at 120.6 MMB, unleaded gasoline stocks down 3.3 MMB at 214.5 MMB compared to prior week's ...
(7/24) ... API reported crude oil stocks down 0.71 MMB, distillate stocks up 1.40 MMB, unleaded gasoline stocks down 1.98 MMB, and refinery capacity down 0.5% at 94.3% compared to prior week's ...
(7/20) ... Baker-Hughes reported U. S. rig count at 1,278 (220 oil and 1,058 gas), down 15 from last week and versus 950 last year ... Canada's rig count at 343, up 5 compared to last week and versus 306 last year ... Saudi Oil Minister announced OPEC planned to cut production between 1 and 1.5 MMB/day beginning September 1 to boost oil price ...
(7/18) ... AGA reported an injection of 110 BCF into the natural gas storage at 2,042 BCF, representing 62.0% full, up 3.3% from last week ... compared to last year's of 1,803 BCF ...the DOE reported crude oil stocks up 7.0 MMB at 314.8 MMB, distillate stocks up 2.7 MMB at 119.1 MMB, unleaded gasoline stocks down 3.7 MMB at 217.8 MMB compared to prior week's ...
(7/17) ... API reported crude oil stocks up 5.56 MMB, distillate stocks up 2.75 MMB, unleaded gasoline stocks down 2.76 MMB, and refinery capacity up down 1.8% at 94.8% compared to prior week's ...
(7/13) ... Baker-Hughes reported U. S. rig count at 1,293, up 18 from last week and versus 928 last year (225 oil and 1,068 gas)... Canada's rig count at 338, up 34 compared to last week and versus 288 last year ...
(7/11) ... AGA reported an injection of 110 BCF into the natural gas storage at 1,932 BCF, representing 58.7% full, up 3.4% from last week ... compared to last year's of 1,733 BCF ...the DOE reported crude oil stocks down 2.9 MMB at 307.8 MMB, distillate stocks up 3.6 MMB at 116.4 MMB, unleaded gasoline stocks down 0.1 MMB at 221.5 MMB compared to prior week's ...
(7/10) ... API reported crude oil stocks up 0.91 MMB, distillate stocks up 3.44 MMB, unleaded gasoline stocks up 0.38 MMB, and refinery capacity up 0.2% at 96.6% compared to prior week's ... Amerada Hess (New York) agreed to acquire Triton Energy Ltd (Dallas, Tx) for approx $2.7 billion plus $500 million debt ... Plains All American Pipeline LP (Houston, Tx) completed the acquisition of substantially all of the assets of CANPET Energy Group, a crude oil and liquefied petroleum marketer based in Calgary for approx $42 million ...
(7/6) ... Baker-Hughes reported U. S. rig count at 1,275 no change from last week and versus 913 last year (219 oil and 1,056 gas)... Canada's rig count at 304, down 18 compared to last week and versus 317 last year ...
(7/5) ... AGA reported an injection of 105 BCF into the natural gas storage at 1,822 BCF, representing 55.3% full, up 3.2% from last week ... compared to last year's of 1,636 BCF ...the DOE reported crude oil stocks down 4.8 MMB at 310.7 MMB, distillate stocks up 0.6 MMB at 112.8 MMB, unleaded gasoline stocks up 0.9 MMB at 221.6 MMB compared to prior week's ...
(7/3) ... API reported crude oil stocks down 3.96 MMB, distillate stocks up 1.99 MMB, unleaded gasoline stocks down 2.51 MMB, and refinery capacity up 2.2% at 96.4% compared to prior week's ...
(6/29) ... Baker-Hughes reported U. S. rig count at 1,275 down 2 compared to last week and versus 920 last year (219 oil and 1,056 gas)... Canada's rig count at 322, up 17 compared to last week and versus 327 last year ...
(6/27) ... AGA reported an injection of 108 BCF into the natural gas storage at 1717 BCF, representing 52.1% full, up 3.3% from last week ... compared to last year's of 1,567 BCF ...the DOE reported crude oil stocks did not change at 315.5 MMB, distillate stocks up 1.1 MMB at 110.2 MMB, unleaded gasoline stocks up 1.0 MMB at 220.7 MMB compared to prior week's ...
(6/26) ... API reported crude oil stocks up 0.57 MMB, distillate stocks up 2.16 MMB, unleaded gasoline stocks up 3.29 MMB, and refinery capacity down 0.8% at 94.2% compared to prior week's ... Anadarko (Houston, TX) agreed to acquire Gulfstream Resources Canada with properties in Qatar and Oman for approx $120 million plus assumption of $16.4 million debt ...
(6/22) ... Baker-Hughes reported U. S. rig count at 1,277 up 11 compared to last week and versus 893 last year (214 oil and 1,063 gas)... Canada's rig count at 305, down 15 compared to last week and versus 296 last year ...
(6/21) ... Penn Virginia Corp. (Radnor, PA) agreed to acquire Synergy Oil & Gas (Houston, TX) for approx $112 million with properties onshore Gulf Coast and West Texas ...
(6/20) ... AGA reported an injection of 106 BCF into the natural gas storage at 1609 BCF, representing 48.8% full, up 3.2% from last week ... compared to last year's of 1,494 BCF ...the DOE reported crude oil stocks down 0.7 MMB at 315.5 MMB, distillate stocks up 1.7 MMB at 109.1 MMB, unleaded gasoline stocks up 3.7 MMB at 219.7 MMB compared to prior week's ...
(6/19) ... API reported crude oil stocks up 1.42 MMB, distillate stocks up 1.32 MMB, unleaded gasoline stocks up 3.61 MMB, and refinery capacity down 1.4% at 95.0% compared to prior week's ... Hunt Oil (Dallas, TX) agreed to acquire Canada's Chieftain International with properties in the Gulf of Mexico, Utah, and the North Sea for approx $600 million ...
(6/15) ... Baker-Hughes reported U. S. rig count at 1,266 up 2 compared to last week and versus 871 last year (224 oil and 1,042 gas)... Canada's rig count at 320, up 45 compared to last week ...
(6/13) ... AGA reported an injection of 105 BCF into the natural gas storage at 1503 BCF, representing 45.6% full, up 3.2% from last week ... compared to last year's of 1,430 BCF ...the DOE reported crude oil stocks down 8.2 MMB at 316.2 MMB, distillate stocks down 0.7 MMB at 107.4 MMB, unleaded gasoline stocks up 5.7 MMB at 216.0 MMB compared to prior week's ...
(6/12) ... API reported crude oil stocks down 13.18 MMB, distillate stocks up 0.27 MMB, unleaded gasoline stocks up 6.32 MMB, and refinery capacity down 0.7% at 96.4% compared to prior week's ...
(6/8) ... Baker-Hughes reported U. S. rig count at 1,264 down 6 compared to last week and versus 840 last year (213 oil and 1,051 gas)... Canada's rig count at 275, down 16 compared to last week and versus 311 last year ... Belco Oil & Gas (New York, NY) agreed to merge into Westport Resources (Denver, CO) in a transaction valued at $922 million ...
(6/6) ... AGA reported an injection of 117 BCF into the natural gas storage at 1398 BCF, representing 42.4% full, up 3.5% from last week ... compared to last year's of 1,352 BCF ...the DOE reported crude oil stocks up 1.6 MMB at 324.4 MMB, distillate stocks up 3.8 MMB at 108.1 MMB, unleaded gasoline stocks up 2.3 MMB at 210.3 MMB compared to prior week's ...
(6/4) ... Samson Canada Ltd. agreed to acquire all of the issued and outstanding shares of Courage Energy (Calgary) for approx $111 million ...
(6/1) ... Baker-Hughes reported U. S. rig count at 1,270, up 8 compared to last week and versus 866 last year (233 oil and 1,037 gas)... Canada's rig count at 291, up 28 compared to last week and versus 270 last year ...
(5/31) ...the DOE reported crude oil stocks down 1.8 MMB at 322.8 MMB, distillate stocks up 2.2 MMB at 104.3 MMB, unleaded gasoline stocks up 4.3 MMB at 208.0 MMB compared to prior week's ...
(5/30) ... AGA reported an injection of 99 BCF into the natural gas storage at 1281 BCF, representing 38.9% full, up 3.0% from last week ... compared to last year's of 1,274 BCF ... API reported crude oil stocks down 3.98 MMB, distillate stocks up 1.92 MMB, unleaded gasoline stocks up 1.61 MMB, and refinery capacity up 0.1% at 95.3% compared to prior week's ...
(5/29) ... Conoco agreed to acquire Gulf Canada Resources Ltd. for approx $4.3 billion plus assumption of $2 billion debt ...
(5/25) ... Baker-Hughes reported U. S. rig count at 1,262, up 37 compared to last week and versus 864 last year (232 oil and 1,030 gas)... Canada's rig count at 263, up 11 compared to last week and versus 210 last year ...
(5/23) ... AGA reported an injection of 105 BCF into the natural gas storage at 1182 BCF, representing 35.9% full, up 3.2% from last week ... compared to last year's of 1,218 BCF ... the DOE reported crude oil stocks up 3.4 MMB at 324.6 MMB, distillate stocks down 0.8 MMB at 102.1 MMB, unleaded gasoline stocks down 0.4 MMB at 203.7 MMB compared to prior week's ...
(5/22) ... API reported crude oil stocks up 2.01 MMB, distillate stocks down 1.45 MMB, unleaded gasoline stocks up 1.28 MMB, and refinery capacity up 1.7% at 95.2% compared to prior week's ...
(5/18) ... Baker-Hughes reported U. S. rig count at 1,225, down 7 compared to last week versus 841 last year (233 oil and 992 gas)... Canada's rig count at 252, up 24 compared to last week versus 182 last year ...
(5/16) ... AGA reported an injection of 119 BCF into the natural gas storage at 1077 BCF, representing 32.7% full, up 3.6% from last week ... compared to last year's of 1,163 BCF ... the DOE reported crude oil stocks up 2.4 MMB at 321.2 MMB, distillate stocks down 0.2 MMB at 102.9 MMB, unleaded gasoline stocks up 4.1 MMB at 204.1 MMB compared to prior week's ... Bellwether Exploration Co. completed the merger with Bargo Energy in a deal worth $220 million ...
(5/15) ... API reported crude oil stocks up 1.97 MMB, distillate stocks down 2.09 MMB, unleaded gasoline stocks up 2.39 MMB, and refinery capacity down 2.1% at 93.5% compared to prior week's ... Cross Timber Oil Co. (Fort Worth, TX) changes name to XTO Energy, Inc. ...
(5/14) ... Kerr-McGee (Oklahoma City, OK) agreed to acquire all of the outstanding shares of HS Resources in a deal worth $1.7 billion including $450 million debt ...
(5/11) ... Baker-Hughes reported U. S. rig count at 1,232, up 15 compared to last week versus 830 last year (238 oil and 994 gas)... Canada's rig count at 228, up 18 compared to last week versus 194 last year ...
(5/9) ... AGA reported an injection of 108 BCF into the natural gas storage at 958 BCF, representing 29.1% full, up 3.3% from last week ... compared to last year's of 1,117 BCF ... the DOE reported crude oil stocks up 0.6 MMB at 318.8 MMB, distillate stocks up 0.3 MMB at 103.1 MMB, unleaded gasoline stocks up 1.0 MMB at 200.0 MMB compared to prior week's ...
(5/8) ... API reported crude oil stocks down 0.27 MMB, distillate stocks down 1.04 MMB, unleaded gasoline stocks up 1.12 MMB, and refinery capacity down 0.2% at 95.6% compared to prior week's ... The Wiser Oil Co. (Dallas, TX) agreed to acquire Invasion Energy (Calgary) with properties in the Wolverine and Bison Lake fields northwest of Edmonton, for $35.6 million including $21.4 million in cash and $14.2 million debt assumption ...
(5/7) ... Valero Energy agreed to acquire Ultramar Diamond Shamrock for $4.03 billion in cash and stock, creating the second largest domestic oil refiner with a total of 13 refineries ... Williams Cos offered $2.5 billion in cash and stock for Barrett Resources, topping $2.0 billion hostile offer from Royal Dutch/Shell ...
(5/4) ... Baker-Hughes reported U. S. rig count at 1,217, up 5 compared to last week versus 830 last year (246 oil and 971 gas)... Canada's rig count at 210, up 22 compared to last week versus 170 last year ...
(5/2) ... AGA reported an injection of 102 BCF from the natural gas storage at 850 BCF, representing 25.8% full, up 3.1% from last week ... compared to last year's of 1,059 BCF ... the DOE reported crude oil stocks up 6.3 MMB at 318.2 MMB, distillate stocks up 1.1 MMB at 102.8 MMB, unleaded gasoline stocks up 5.1 MMB at 199.0 MMB compared to prior week's ...
(5/1) ... API reported crude oil stocks up 8.28 MMB, distillate stocks up 2.64 MMB, unleaded gasoline stocks up 3.04 MMB, and refinery capacity up 1.2% at 95.8% compared to prior week's ...
(4/27) ... Baker-Hughes reported U. S. rig count at 1,212, down 1 compared to last week versus 798 last year (237 oil and 975 gas)... Canada's rig count at 188, no change last week ...
(4/25) ... AGA reported an injection of 43 BCF from the natural gas storage at 748 BCF, representing 22.7% full, up 1.3% from last week ... compared to last year's of 1,027 BCF ... the DOE reported crude oil stocks down 1.4 MMB at 311.9 MMB, distillate stocks down 0.6 MMB at 101.7 MMB, unleaded gasoline stocks up 1.1 MMB at 193.9 MMB compared to prior week's ...
(4/24) ... API reported crude oil stocks down 1.51 MMB, distillate stocks down 1.20 MMB, unleaded gasoline stocks up 2.56 MMB, and refinery capacity up 2.0% at 94.6% compared to prior week's ...
(4/23) ... The cracking unit caught fire late Monday at Tosco's 125,000-B/D refinery in Carson, near Los Angeles forcing close down ...
(4/20) ... Baker-Hughes reported U. S. rig count at 1,213, up 15 compared to last week versus 817 last year (246 oil and 967 gas)... Canada's rig count at 188, down 29 compared to last week ...
(4/18) ... AGA reported an injection of 64 BCF from the natural gas storage at 705 BCF, representing 21.4% full, up 1.9% from last week ... compared to last year's of 1,008 BCF ... the DOE reported crude oil stocks up 6.2 MMB at 313.3 MMB, distillate stocks up 0.4 MMB at 102.3 MMB, unleaded gasoline stocks down 1.1 MMB at 192.8 MMB compared to prior week's ...
(4/17) ... API reported crude oil stocks up 7.32 MMB, distillate stocks down 0.43 MMB, unleaded gasoline stocks down 0.06 MMB, and refinery capacity up 2.3% at 92.6% compared to prior week's ...
(4/16) ... The 230,000-B/D Killingholme refinery, Conoco's biggest in Europe, near Grimsby in Northern England is closed down except for 2 units after an explosion ... A tanker carrying 1,300 tons of Iraqi fuel oil sank on Saturday off the northern coast of the United Arab Emirates, north of Dubai ...
(4/13) ... Baker-Hughes reported U. S. rig count at 1,198, down 2 compared to last week ... Canada's rig count at 217, down 56 compared to last week ...
(4/11) ... AGA reported an injection of 14 BCF from the natural gas storage at 641 BCF, representing 19.5% full, up 0.5% from last week ... compared to last year's of 1,033 BCF ... the DOE reported crude oil stocks up 3.9 MMB at 307.1 MMB, distillate stocks down 2.1 MMB at 101.9 MMB, unleaded gasoline stocks up 0.9 MMB at 193.9 MMB compared to prior week's ...
(4/10) ... API reported crude oil stocks up 4.69 MMB, distillate stocks down 1.74 MMB, unleaded gasoline stocks up 0.35 MMB, and refinery capacity 1.7% at 90.3% compared to prior week's ... El Paso's 280,000-B/D refinery in Wicklund, Aruba was shut down after a fire broke out ...
(4/6) ... Baker-Hughes reported U. S. rig count at 1,200, up 7 compared to last week (256 for oil and 944 for gas) ... and up from last year's of 797 ... Canada's rig count at 273, down 53 compared to last week ... and up from last year's of 181...
(4/4) ... AGA reported a withdrawal of 49 BCF from the natural gas storage at 627 BCF, representing 19.0% full, down 1.5% from last week ... compared to last year's of 1,031 BCF ... the DOE reported crude oil stocks up 1.7 MMB at 303.2 MMB, distillate stocks down 3.9 MMB at 104.0 MMB, unleaded gasoline stocks down 3.3 MMB at 193.0 MMB compared to prior week's ...
(4/3) ... API reported crude oil stocks up 0.56 MMB, distillate stocks down 3.91 MMB, unleaded gasoline stocks down 4.27 MMB, and refinery capacity down 0.9% at 88.6% compared to prior week's ...
(3/30) ... Baker-Hughes reported U. S. rig count at 1,193, up 30 compared to last week (247 for oil and 946 for gas) ... and up from last year's of 775 ... Canada's rig count at 326, down 43 compared to last week ... and up from last year's of 244...
(3/28) ... AGA reported a withdrawal of 12 BCF from the natural gas storage at 676 BCF, representing 20.5% full, down 0.4% from last week ... the DOE reported crude oil stocks up 11.2 MMB at 301.5 MMB, distillate stocks down 2.8 MMB at 107.9 MMB, unleaded gasoline stocks down 1.9 MMB at 196.3 MMB compared to prior week's ... Vintage Petroleum (Tulsa, OK) plans to acquire Genesis Exploration Ltd (Calgary) with mainly gas production for $489 million plus $83 million debt ... Gasco Energy, Inc. is the new name of San Joaquin Resources, Inc.
(3/27) ... API reported crude oil stocks up 8.86 MMB, distillate stocks down 0.45 MMB, unleaded gasoline stocks down 1.59 MMB, and refinery capacity down 1.8% at 89.5% compared to prior week's ...
(3/23) ... Baker-Hughes reported U. S. rig count at 1,163, up 12 compared to last week (259 for oil and 904 for gas) ... and up from last year's of 768 ... Canada's rig count at 369, down 89 compared to last week ... and up from last year's of 367... Mexico announced to cut production by 40,000 B/D by April 1st ...
(3/21) ... AGA reported a withdrawal of 23 BCF from the natural gas storage at 688 BCF, representing 20.9% full, down 0.7% from last week ... the DOE reported crude oil stocks up 5.0 MMB at 290.3 MMB, distillate stocks down 3.6 MMB at 110.7 MMB, unleaded gasoline stocks down 3.4 MMB at 198.2 MMB compared to prior week's ...
(3/20) ... API reported crude oil stocks up 7.60 MMB, distillate stocks down 3.11 MMB, unleaded gasoline stocks down 1.67 MMB, and refinery capacity up 1.8% at 91.3% compared to prior week's ... Petrobras' P-36 oil platform sank ...
(3/16) ... Baker-Hughes reported U. S. rig count at 1,151, down 7 compared to last week (251 for oil and 900 for gas) ... and up from last year's of 764 ... Canada's rig count at 458, down 76 compared to last week ... and up from last year's of 434...
(3/15) ... Energen Resources (Birmingham, Atlanta) completed the acquisition of 46% ownership in the West Loving Field in the Permian Basin from the Estate of Charles B. Gillespie, Jr. for approx $31.8 million ... Energen now owns 87% of the field ... Three explosions on Petrobras' P-36 oil rig, world's biggest offshore platform, killed one worker with nine missing and damaged one pillar causing the rig to tilt 30 degrees with chance to sink ... it was producing 86,000 B/D and 46 MMCF/D ...
(3/14) ... AGA reported a withdrawal of 75 BCF from the natural gas storage at 711 BCF, representing 21.6% full, down 2.3% from last week and down 36.9% compared to last year's ... the DOE reported crude oil stocks up 8.0 MMB at 285.3 MMB, distillate stocks down 1.3 MMB at 114.3 MMB, unleaded gasoline stocks down 1.4 MMB at 201.6 MMB compared to prior week's ...
(3/13) ... API reported crude oil stocks up 9.51 MMB, distillate stocks down 0.54 MMB, unleaded gasoline stocks down 3.36 MMB, and refinery capacity down 1.7% at 89.5% compared to prior week's ...
(3/9) ... Baker-Hughes reported U. S. rig count at 1,158, up 7 compared to last week ... Canada's rig count at 534, down 6 compared to last week ...
(3/8) ... Barrett Resources rejected Shell's bid ... Ogden Corp. (New York) changed name to Covanta Energy Corp. ...
(3/7) ... AGA reported a withdrawal of 73 BCF from the natural gas storage at 786 BCF, representing 23.9% full, down 2.2% from last week and down 32.1% compared to last year's ... the DOE reported crude oil stocks down 2.7 MMB at 277.3 MMB, distillate stocks down 1.0 MMB at 115.6 MMB, unleaded gasoline stocks down 1.5 MMB at 203.0 MMB compared to prior week's ... Royal Dutch/Shell offered a cash bid of $2.2 billion for Barrett Resources (Denver, CO) with strong gas position in the Rocky Mountains ...
(3/6) ... API reported crude oil stocks down 3.89 MMB, distillate stocks down 0.78 MMB, unleaded gasoline stocks down 1.05 MMB, and refinery capacity down 0.1% at 91.2% compared to prior week's ...
(3/2) ... Baker-Hughes reported U. S. rig count at 1,151, up 30 compared to last week (241 for oil and 910 for gas) ... and up from last year's of 790 ... Canada's rig count at 540, down 13 compared to last week ... and up from last year's of 485...
(3/1) ... Plains All American Pipeline, L. P. agreed to acquire Murphy Oil's Canadian oil pipeline (450 miles) plus trucking and storage assets for approx $155 million ...
(2/28) ... AGA reported a withdrawal of 101 BCF from the natural gas storage at 859 BCF, representing 26.1% full, down 2.9% from last week and down 28.1% compared to last year's ... the DOE reported crude oil stocks up 2.9 MMB at 280.0 MMB, distillate stocks down 1.1 MMB at 116.6 MMB, unleaded gasoline stocks down 0.1 MMB at 204.5 MMB compared to prior week's ...
(2/27) ... API reported crude oil stocks up 2.24 MMB, distillate stocks down 0.99 MMB, unleaded gasoline stocks down 1.05 MMB, and refinery capacity up 1.2% at 91.3% compared to prior week's ...
(2/23) ... Baker-Hughes reported U. S. rig count at 1,121, down 26 compared to last week (236 for oil and 885 for gas) ... and up from last year's of 760 ... Canada's rig count at 553, up 3 compared to last week ... and up from last year's of 545...
(2/22) ... the DOE reported crude oil stocks down 11.9 MMB at 277.1 MMB, distillate stocks up 1.6 MMB at 117.7 MMB, unleaded gasoline stocks up 1.7 MMB at 204.6 MMB compared to prior week's ...
(2/21) ... AGA reported a withdrawal of 81 BCF from the natural gas storage at 960 BCF, representing 29.0% full, down 1.6% from last week ... API reported crude oil stocks down 12.01 MMB, distillate stocks up 2.46 MMB, unleaded gasoline stocks up 1.59 MMB, and refinery capacity up 0.3% at 90.1% compared to prior week's ...
(2/20) ... Amerada Hess agreed to acquire exploration and producing properties of LLOG Exploration in the Gulf of Mexico and onshore south Louisiana for approx $750 million ...
(2/19) ... Presidents' Day, U. S. market closed ... IPE Brent increased $.42/BBL to $27.31/BBL ...
(2/16) ... Baker-Hughes reported U. S. rig count at 1,147, up 10 compared to last week (242 for oil and 905 for gas) ... and up from last year's of 773 ... Canada's rig count at 550, down 15 compared to last week ... and up from last year's of 537... PrimeWest Energy Trust (Calgary) agreed to acquire all of the issued and outstanding common shares of Cypress Energy in a deal valued at $700 million including the pending Cypress' acquisition of Rancho Energy ...
(2/14) ... AGA reported a withdrawal of 95 BCF from the natural gas storage at 1,041 BCF, representing 32.0% full, down 3.0% from last week and 25.9% from last year ... the DOE reported crude oil stocks up 3.4 MMB at 289.0 MMB, distillate stocks up 0.8 MMB at 116.1 MMB, unleaded gasoline stocks down 0.9 MMB at 202.9 MMB ...
(2/13) ... API reported crude oil stocks up 4.08 MMB, distillate stocks up 0.94 MMB, unleaded gasoline stocks down 0.04 MMB, and refinery capacity down 0.1% at 89.8% compared to prior week's ... Anadarko agreed to acquire Berkley Petroleum Corp for approx $770 million in cash and to assume $250 million debt ...
(2/9) ... Baker-Hughes reported U. S. rig count at 1,137, down 1 compared to last week (234 for oil and 903 for gas) ... and up from last year's of 762 ... Canada's rig count at 565, down 14 compared to last week ... and up from last year's of 549...
(2/8) ... Calpine (San Jose, CA) agreed to acquire Encal Energy (Calgary) for approx $1.2 billion and assummed debt ... a day earlier, Calpine signed a $4.6 billion contract to sell to California's Department of Water Resources up to 1,000 megawatts of electricity over next 10 years ...
(2/7) ... AGA reported a withdrawal of 105 BCF from the natural gas storage at 1,136 BCF, representing 35.0% full, down 3.2% from last week and 27.3% from last year ... the DOE reported crude oil stocks up 3.0 MMB at 285.6 MMB, distillate stocks up 0.8 MMB at 115.3 MMB, unleaded gasoline stocks down 2.1 MMB at 203.8 MMB ...
(2/6) ... API reported crude oil stocks up 3.04 MMB, distillate stocks down 0.16 MMB, unleaded gasoline stocks down 3.16 MMB, and refinery capacity down 0.6% at 89.9% compared to prior week's ... Canadian Natural Resources agreed to acquire the Pelican Lake property from PanCanadian Petroleum ...
(2/5) ... Patterson Energy (Snyder, TX) agreed to acquire UTI Energy for approx $1.34 billion in stock, combining its fleet of 152 drilling rigs and UTI's 140 rigs ...
(2/4) ... Phillips Petroleum agreed to acquire Tosco for approx $7 billion in stock transaction, the combined company would be the 2nd largest U. S. oil refiner and 3rd largest U. S. marketer ...
(2/2) ... Baker-Hughes reported U. S. rig count at 1,138, up 22 compared to last week (238 for oil and 900 for gas) ... and up from last year's of 757 ... AEC Oil & Gas (USA), a wholly owned subsidiary of Alberta Energy Company, Ltd. completed the acquisition of Ballard Petroleum (Billings, Montana) for approx $225 million ... Burlington Resources has to pay $8.5 million to the U. S. government to settle claims of royalty underpay from the federal leases ... other companies has paid a total of $400 million to the government ...
(1/31) ... AGA reported a withdrawal of 128 BCF from the natural gas storage at 1,241 BCF, representing 38.2% full, down 3.9% from last week and 30.1% from last year ... the DOE reported crude oil stocks down 3.6 MMB at 282.6 MMB, distillate stocks down 1.7 MMB at 114.5 MMB, unleaded gasoline stocks up 5.2 MMB at 205.9 MMB ... Halliburton agreed to sell 95% of its Dresser Equipment Group (acquired in 1998 from Dresser Industries) for approx $1.1 billion to a group including First Reserve Corp. and Odyssey Investment Partners ...
(1/29) ... API reported crude oil stocks down 5.63 MMB, distillate stocks down 0.43 MMB, unleaded gasoline stocks up 6.64 MMB, and refinery capacity up 0.5% at 90.5% compared to prior week's ...
(1/26) ... Baker-Hughes reported U. S. rig count at 1,116, down 12 compared to last week (237 for oil and 889 for gas) ... and up from last year's of 755 ...
(1/25) ... Bellwhether Exploration (Houston, TX) agreed to acquire Bargo Energy (Adna, OK) with $60 million cash and $80 million in stock ...
(1/24) ... AGA reported a withdrawal of 90 BCF from the natural gas storage at 1,369 BCF, representing 42.1% full, down 2.8% from last week ... the DOE reported crude oil stocks down 1.1 MMB at 286.2 MMB, distillate stocks up 1.0 MMB at 116.2 MMB, unleaded gasoline stocks up 2.0 MMB at 200.7 MMB ...
(1/23) ... API reported crude oil stocks down 1.99 MMB, distillate stocks down 0.83 MMB, unleaded gasoline stocks up 2.21 MMB, and refinery capacity down 1.7% at 90.0% compared to prior week's ...
(1/22) ... Ascent Energy (Dallas, TX) agreed to acquire Pontotoc Production (Adna, OK) with cash and stock ...
(1/19) ... Baker-Hughes reported U. S. rig count at 1,128, up 7 compared to last week (241 for oil and 887 for gas) ... and up from last year's of 775 ... Canada's rig count at 561, up 15 compared to last week ... and up from last year's of 530...
(1/18) ... the DOE reported crude oil stocks down 1.0 MMB at 287.3 MMB, distillate stocks down 1.6 MMB at 115.2 MMB, unleaded gasoline stocks up 3.0 MMB at 198.7 MMB ... Ocean Energy (Houston, TX) agreed to acquire all of the outstanding shares of Texoil with cash and follow up with a cash merger to acquire all remaining shares ... Denbury Resources (Dallas, TX) agreed to acquire from Airgas (Radnor, PA) the CO2 reserves, production, and facilities near Jackson, MS including 10 wells and 183-mile pipeline for approx $42 million ...
(1/17) ... API reported crude oil stocks up 1.98 MMB, distillate stocks down 3.25 MMB, unleaded gasoline stocks down 0.49 MMB, and refinery capacity up 0.1% at 91.7% compared to prior week's ... AGA reported a withdrawal of 103 BCF from the natural gas storage at 1,459 BCF, representing 44.9% full, down 3.2% from last week ...
(1/16) ... Chesapeake Energy Corp. (Oklahoma City, OK) completed the acquisition of Gothic Energy with stocks in a deal worth $345 million including $203 million debt ...
(1/15) ... Brent crude closing increased $0.43/BBL at $26.18/BBL ...
(1/12) ... Baker-Hughes reported U. S. rig count at 1,121, up 14 compared to last week (235 for oil and 886 for gas) ... and up from last year's of 781 ... Canada's rig count at 546, up 57 compared to last week ... and up from last year's of 517...
(1/10) ... AGA reported a withdrawal of 167 BCF from the natural gas storage at 1,562 BCF, representing 48.1% full, down 5.1% from last week ... the DOE reported crude oil stocks down 0.4 MMB at 288.3 MMB, distillate stocks up 0.7 MMB at 116.8 MMB, unleaded gasoline stocks up 1.9 MMB at 195.7 MMB ...
(1/9) ... API reported crude oil stocks down 0.59 MMB, distillate stocks up 0.03 MMB, unleaded gasoline stocks up 4.61 MMB, and refinery capacity down 1.4% at 91.6% compared to prior week's ... Texaco acquired EnerVest San Juan Acquisition LP from EnerVest Management Partners (Houston, TX) for approx $121 million, properties are mainly coalbed methane in the San Juan Basin ...
(1/8) ... Precision Drilling (Calgary) acquired BecField Drilling Services and will integrated into its subsidiary of Computalog ...
(1/5) ... Baker-Hughes reported U. S. rig count at 1,107, down 7 compared to last week (245 for oil and 862 for gas) ... and up from last year's of 786 ... Canada's rig count at 489, up 167 compared to last week ... and up from last year's of 404.. OPEC announced plan to cut production between 1.5 and 2.0 million barrels per day ...
(1/4) ... Prize Energy (Dallas, TX) agreed to acquire oil and gas properties in West Texas, West Oklahoma, South Texas and South Louisiana from Apache for approx $65 million ...
(1/3) ... API reported crude oil stocks up 0.06 MMB, distillate stocks up 3.52 MMB, unleaded gasoline stocks down 2.68 MMB, and refinery capacity down 0.4% at 93.0% compared to prior week's ... AGA reported a withdrawal of 209 BCF from the natural gas storage at 1,729 BCF, representing 53.2% full, down 6.4% from last week ... Cross Timbers closed the acquisition of oil and gas properties in East Texas and Louisiana from Herd Producing (Tyler, Texas) ...
(1/2) ... Atlas America, a wholly owned subsidiary of Resources America agreed to acquire all oil and gas producing reserves and acreage from Kingston Oil for approx $3.7 million ... also Atlas Pipeline Partners to acquire the gas gathering system for approx $2.8 million ... Piedmont Natural Gas agreed to acquire the natural gas distribution system assets in Gaffney, South Carolina from Atmos Energy for approx $6.6 million ...

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