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Drillinginfo 01/27/2020 12:55
CRUDE OIL US crude oil inventories decreased by a modest 0.4 MMbbl the week that ended Jan. 17, according to last week’s report from the US Energy Information Administration. Gasoline inventories increased by 1.7 MMbbl and distillate inventories decreased by 1.2 MMbbl. Total petroleum inventories posted an increase of 1.9 MMbbl. US crude oil production […]. .
Drillinginfo 01/23/2020 11:43
Natural gas storage inventories decreased 92 Bcf for the week ending January 17, according to the EIA’s weekly report. This was slightly larger than the expected draw of 91 Bcf. Working gas storage inventories now sit at 2.947 Tcf, which is 554 Bcf above inventories from the same time last year and 251 Bcf above […]. .
Drillinginfo 01/21/2020 10:38
Austin, Texas and Midland, Texas (January 21, 2019) – Enverus, the leading energy SaaS and data analytics company, and Concho Resources (NYSE: CXO) today announced they will bring to market a new product, Audit Analytics, which enables energy companies to reduce costs by identifying erroneous overbilling in high volume shale operations.
Drillinginfo 01/20/2020 13:59
CRUDE OIL US crude inventories declined by 2.5 MMbbl the week that ended Jan. 10, according to last week’s report from the US Energy Information Administration. Gasoline and distillate stocks increased by 6.7 MMbbl and 8.2 MMbbl, respectively, resulting in a very large increase of 14.5 MMbbl for total petroleum inventories. Inventory builds across the […]. .
Drillinginfo 01/16/2020 11:29
Natural gas storage inventories decreased 109 Bcf for the week ending January 10, according to the EIA’s weekly report. This was larger than expected, which was a draw of 94 Bcf. Working gas storage inventories now sit at 3.039 Tcf, which is 494 Bcf above inventories from the same time last year and 149 Bcf […]. .
Drillinginfo 01/15/2020 11:20
US crude oil stocks posted a decrease of 2.5 MMBbl. Gasoline and distillate inventories increased 6.7 MMBbl and 8.2 MMBbl, respectively. Yesterday afternoon, API reported a crude oil build of 1.1 MMBbl alongside gasoline and distillate builds of 3.2 MMBbl and 6.8 MMBbl, respectively. Analysts, to the contrary, were expecting a crude oil draw of […]. .
Drillinginfo 01/13/2020 13:30
CRUDE OIL US crude oil inventories increased 1.2 MMbbl the week that ended Jan. 3, according to last week’s report from the US Energy Information Administration. Gasoline inventories increased 9.1 MMbbl while distillate inventories increased by 5.3 MMbbl. Total petroleum inventories posted a very large increase of 14.8 MMbbl. US crude oil production was flat […]. .
Drillinginfo 01/09/2020 18:51
On Jan. 2, the United States ended, forever, Qassem Soleimani’s tenure as the director of Iran’s Quds Force. As of Monday, Jan. 6, oil prices have gained about 3% as traders attempt to sort out how increased tensions in the Middle East will affect Brent and WTI prices. It’s worthwhile to look at recent oil […]. .
Drillinginfo 01/09/2020 11:52
Natural gas storage inventories decreased 44 Bcf for the week ending January 3, according to the EIA’s weekly report. This was below the market expectation, which was a draw of 52 Bcf. Working gas storage inventories now sit at 3.148 Tcf, which is 521 Bcf above inventories from the same time last year and 74 […]. .
Drillinginfo 01/03/2020 12:17
US crude oil stocks posted a very large decrease of 11.5 MMBbl. Gasoline and distillate inventories increased 3.2 MMBbl and 8.8 MMBbl, respectively. Yesterday afternoon, API reported a large crude oil draw of 7.8 MMBbl alongside a gasoline draw of 0.78 MMBbl and a distillate build of 2.8 MMBbl. Analysts were expecting a smaller crude […]. .
Drillinginfo 01/03/2020 11:36
Natural gas storage inventories decreased 58 Bcf for the week ending December 27, according to the EIA’s weekly report. This was below the market expectation, which was a draw of 61 Bcf. Working gas storage inventories now sit at 3.192 Tcf, which is 484 Bcf above inventories from the same time last year and 38 […]. .
Drillinginfo 12/30/2019 13:23
CRUDE OIL US crude oil inventories decreased by 5.5 MMbbl according to last week’s report from the US Energy Information Administration. Gasoline inventories increased 2.0 MMbbl while distillate inventories decreased 0.2 MMbbl. Total petroleum inventories posted a substantial decrease of 10.2 MMbbl. US crude oil production increased 100,000 bbl/d on the week, while crude oil […]. .
Drillinginfo 12/27/2019 12:29
US crude oil stocks decreased by 5.5 MMBbl. Gasoline inventories increased 2.0 MMBbl and distillate inventories decreased 0.2 MMBbl. Yesterday afternoon, API reported a large crude oil draw of 7.9 MMBbl alongside gasoline and distillate builds of 0.56 MMBbl and 1.68 MMBbl, respectively. Analysts were expecting a smaller crude oil draw of 1.8 MMBbl. Total […]. .

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