November 16, 2020, 8:45 AM MST
Baytex Energy Corp. has resumed drilling activity in the fourth quarter after two quarters of little to no capital spending in Canada.
November 3, 2020, 11:23 AM MST
At the Surmont operation in Canada, ConocoPhillips curtailed approximately 15,000 boe/d in Q3 and restored production ahead of schedule.
October 29, 2020, 7:10 AM MDT
Ovintiv Inc. posted a net loss in the third quarter of $1.52 billion (all figures US), or $5.85 per share of common stock on higher than expected crude and condensate production during the quarter and continued reductions in capital and costs.
October 29, 2020, 8:16 PM MDT
Baytex Energy Corp. previously announced voluntary production shut-ins of approximately 25,000 boe/d. These volumes remained offline for April and May.
August 4, 2020, 12 AM MDT
Baytex Energy Corp. says it has restarted some of its previously shut-in crude oil production.
June 26, 2020, 12 AM MDT
Using mobile apps that enable trucking companies, carriers and shippers to share risk and minimize empty backhauls in oilfield services simply makes sense, say some tech-savvy solution providers.
May 11, 2020, 12 AM MDT
Baytex Energy Corp. has signed a strategic land agreement with the Peavine Metis settlement in the Peace River area that covers 60 sections of land south of its existing Seal operations.
May 8, 2020, 11:05 AM MDT
Murphy Oil Corporation has further ramped down capital spending for the third time this year, now to half its original US$1.45-billion guidance, as the COVID-19 pandemic continues to take a heavy toll on the industry.
May 7, 2020, 11:01 AM MDT
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
Citing the need to preserve financial liquidity, Baytex Energy Corp. says it is reducing its 2020 capital budget by 50 per cent at the midpoint to between $260 million and $290 million, from the original $500 million to $575 million announced in December 2019.
March 19, 2020, 6:45 AM MDT
March 16, 2020, 8:37 AM MDT
March 10, 2020, 11:28 AM MDT
Baytex Energy Corp. recorded adjusted funds flow of $232 million in the fourth quarter of 2019 and $902 million for the year, resulting in free cash flow of $73 million and $329 million respectively.
March 4, 2020, 11:19 AM MST
February 12, 2020, 11:14 AM MST
February 5, 2020, 7:42 AM MST
December 17, 2019, 7:21 AM MST
Baytex Energy Corp. announced a 2020 capital budget of $500 to $575 million, which is designed to generate average annual production of 93,000 to 97,000 boe/d.
December 5, 2019, 12 AM MST
November 19, 2019, 7:40 AM MST
November 8, 2019, 7:28 AM MST
November 6, 2019, 7:27 AM MST
Baytex Energy Corp. says that given its strong year-to-date operating performance, the company now expects to exceed its 2019 full-year annual production guidance.
November 1, 2019, 10:17 AM MDT
September 13, 2019, 7:24 AM MDT
While Canadian heavy oil is still Baytex Energy Corp.’s third priority for capital investment after the Eagle Ford and Saskatchewan Viking, its potential contribution shouldn’t be counted out, says the company’s chief executive.
September 12, 2019, 8:19 AM MDT
Canada has gone from potential energy superpower to global laughingstock over the past several years.
August 26, 2019, 7:15 AM MDT