Mark Young, Evaluate Energy

  • In Situ Oilsands Production Bounces Back In June After May Lows

    In situ oilsands production in both Alberta and Saskatchewan saw deep cuts during the second quarter of 2020. However, the latest data from CanOils, via its Oilsands and well-level Assets data products, shows that production levels are beginning to rebound after increases in June.  

    August 26, 2020, 9:44 AM MDT

  • Pandemic Hits Upstream M&A Hard In Q2 2020

    The COVID-19 pandemic had a major impact on global M&A activity in the upstream oil and gas sector in the second quarter, according to a new report released today by Evaluate Energy in partnership with Deloitte.

    July 27, 2020, 8:32 AM MDT

  • EIA: 40 U.S. Producers Recorded Combined Impairments Of $48 Billion In Q1 2020

    July 21, 2020, 9:59 AM MDT

  • Three Key Takeaways: North American Oil Hedging For 2020 And Beyond

    Below are three key conclusions from Evaluate Energy’s latest report on oil hedging positions for 102 North American producers heading into the second half of 2020.

    July 9, 2020, 12 AM MDT

  • MEG, Murphy Among Q1’s Biggest Oil Hedging Winners

    MEG Energy Corp. and Murphy Oil Corporation were two North American oil producers that made significant gains from hedging strategies in Q1 2020.

    June 29, 2020, 12 AM MDT

  • Key Insights Into Chesapeake’s Decline Into Bankruptcy: Evaluate Energy

    From riding high to bankruptcy, Chesapeake Energy Corporation’s decline will shock many in the industry. Evaluate Energy tracks Chesapeake’s cash and financing gap over 10 years.

    June 29, 2020, 11:23 AM MDT

  • 2019 Lays Positive Foundations for Latin America’s Upstream Sector

    2019 was a very positive year for the Latin American upstream industry, according to analysis provided in the latest report released by Evaluate Energy, the Daily Oil Bulletin and Sproule.

    April 24, 2020, 7:35 AM MDT

  • 2019 Lays Positive Foundations for Latin America’s Upstream Sector

    2019 was a very positive year for the Latin American upstream industry, according to analysis provided in the latest report released by Evaluate Energy, the Daily Oil Bulletin and Sproule.

    April 23, 2020, 7:35 AM MDT

  • Hedged — But Suddenly Unprotected?

    Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month. ​​​​​​​

    April 17, 2020, 6 AM MDT

  • Highest Cost Oil Producers In North America

    California is home to two of North America’s highest cost oil producers by far according to latest data from Evaluate Energy.

    April 16, 2020, 10:36 AM MDT

  • Hedged — But Suddenly Unprotected?

    Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.

    April 16, 2020, 6 AM MDT

  • Lowest Cost Oil Producers In North America

    North Dakota’s Bakken formation, the Permian Basin and the Eagle Ford shale are home to some of North America’s lowest cost oil producers according to the latest data from Evaluate Energy.

    April 15, 2020, 7:55 AM MDT

  • Analysis: Hedging Data Illustrates Risks Taken By North American Oil Producers

    A handful of North American oil companies were happy to take on significantly more risk in 2019 in their pricing strategy per barrel – and would have suffered greatly in the price drop of early 2020.

    April 14, 2020, 8:55 AM MDT

  • Hedged — But Suddenly Unprotected?

    Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.

    April 14, 2020, 6 AM MDT

  • Hedged — But Suddenly Unprotected?

    Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.

    April 13, 2020, 6:54 AM MDT

  • Hedged — But Suddenly Unprotected?

    Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.

    April 9, 2020, 8:03 AM MDT

  • Hedged – But Suddenly Unprotected?

    Evaluate Energy hedging data shows that North American oil producers had hedged over 100,000 bbls of oil per day heading in Q2 2020 under contracts that no longer protect these companies against a low price, with WTI and Brent both hitting 18-year lows this month.

    April 7, 2020, 7 AM MDT

  • Capex Budget Cuts Continue With European Majors

    Equinor, OMV and Eni joined the ranks of the world’s major producers this week to announce a cut in their capital spending budgets for 2020, in the wake of the oil price crash and the COVID-19 pandemic.

    March 27, 2020, 9:26 AM MDT

  • Evaluate Energy Data: Top Private Producers In Canada Based On Operated Production

    Torxen Energy Ltd., operator of 65,000 boe/d in southern Alberta, was Canada’s largest private producer in 2019 based on operated production.

    March 23, 2020, 2:18 PM MDT

  • Global Upstream M&A Spending Reaches $176 Billion In 2019

    Stable oil prices and one mega deal between Occidental Petroleum Corporation and Anadarko Petroleum Corporation resulted in 2019 seeing the highest annual M&A spend for upstream assets worldwide since the price downturn took hold in late 2014.

    February 4, 2020, 6:46 AM MST

  • U.S. Deals Dominate Global M&A In 2019

    Data available in the latest upstream M&A report from Evaluate Energy shows that 2019 was another year dominated by deals for assets in the United States.

    January 30, 2020, 7:37 AM MST

  • Global Upstream M&A Spending Reaches $176 Billion In 2019

    Stable oil prices and one mega deal between Occidental Petroleum Corporation and Anadarko Petroleum Corporation resulted in 2019 seeing the highest annual M&A spend for upstream assets worldwide since the price downturn took hold in late 2014.

    January 28, 2020, 7:33 AM MST

  • Global Q2 Upstream Oil And Gas M&A Deals Hit $91 Billion

    Evaluate Energy’s latest M&A review for Q2 2019 shows that $91 billion of new upstream oil and gas M&A deals were secured during the quarter — virtually nine times greater than the disappointing $10.4 billion total value in Q1.

    July 23, 2019, 7:20 AM MDT

  • Canadian Companies Among Bidders In Latest Colombian Block Auction

    Canadian companies look set to deepen their involvement in Colombia’s upstream oil and gas sector after its national hydrocarbons agency (ANH) announced that three Canadian companies – Gran Tierra Energy Inc., Frontera Energy Corporation and Parex Resources Inc. – are among seven bidders in the latest Colombian bidding round.

    June 5, 2019, 6:57 AM MDT

  • Five Key Takeaways From EIA’s Latest Quarterly Review

    The U.S. Energy Information Administration (EIA) has released its latest quarterly review of financial performance in the global oil and gas industry, which was compiled using energy company data extracted from Evaluate Energy.

    January 8, 2019, 10:31 AM MST