May 31st - WTI Settlement price information

 Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

May 31st WTI settled at $114.67 (Front month July 2022)

July 2022 front month contracts expire June 21st, 2022.

July 2022 front month contracts 34.4% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $104.74 for the quarter) 54.7% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $113.64 for the quarter) 11.7% Complete

(Avg Spot Rate $xxx.xx for the quarter) 0% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $93.75* avg $98.64** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $113.64* avg $xxx.xx** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $104.74** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

SPR draw down 5.4m from last week.

US SPR crude inventories fell by 5.4mb w/w to 526.6mb last week

Have you noticed the trend....last few weeks the withdrawal rate is declining. Originally there was chatter that the deeper you go into the caverns the slower the process to pull...

After June possibly under 500m in the SPR....

Keep draining!

Wait for EIA.

May 27th - WTI Settlement price information

Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

May 27th WTI settled at $115.07 (Front month July 2022)

July 2022 front month contracts expire June 21st, 2022.

July 2022 front month contracts 21.9% complete

2nd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $105.39 for the quarter) 100% Complete

(Avg Spot Rate $104.74 for the quarter) 54.7% Complete

3rd Quarter 2022 WTI Pricing

(Avg Front Month Settlement $112.64 for the quarter) 7.4% Complete

(Avg Spot Rate $xxx.xx for the quarter) 0% Complete

2022 (* WTI Front month contract ** WTI Spot rate, No colour = final/BTE actual)

YTD 2022 avg $93.28* avg $98.64** (PRIOR YEAR $67.92)

Q4 2022 BTE Cash Flow AFF Q4 = $TBD avg $xxx.xx* avg $xxx.xx** (PRIOR YEAR $77.19)

Q3 2022 BTE Cash Flow AFF Q3 = $TBD avg $112.64* avg $xxx.xx** (PRIOR YEAR $70.56)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39* avg $104.74** (PRIOR YEAR $66.07)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $94.29 (PRIOR YEAR $57.84)

2021 Full Year 2021 WTI $67.92 FINAL! 

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $77.19

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.56

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $66.07

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $57.84

May 26th - WTI Settlement price - July=18.8% & Q3=6.4% complete

Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

2022 Information

May 26th WTI settled at $114.09 (Front month July 2022)

July 2022 contracts expire June 21st, 2022.

July 2022 contracts 18.8% complete

2nd Quarter 2022 WTI Pricing now 100.0% complete! (Avg Settlement $105.39 for the quarter)

3rd Quarter 2022 WTI Pricing now 6.4% complete! (Avg Settlement $112.15 for the quarter)

2022

YTD 2022 avg $93.16 (PRIOR YEAR $65.34)

Q3 2022 BTE Cash Flow AFF Q2 = $TBD avg $112.15 (PRIOR YEAR $70.57)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 25th - WTI Settlement price - July=15.6% & Q3=5.3% complete

Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

2022 Information

May 25th WTI settled at $110.33 (Front month July 2022)

July 2022 contracts expire June 21st, 2022.

July 2022 contracts 15.6% complete

2nd Quarter 2022 WTI Pricing now 100.0% complete! (Avg Settlement $105.39 for the quarter)

3rd Quarter 2022 WTI Pricing now 5.3% complete! (Avg Settlement $111.20 for the quarter)

2022

YTD 2022 avg $93.02 (PRIOR YEAR $65.34)

Q3 2022 BTE Cash Flow AFF Q2 = $TBD avg $111.20 (PRIOR YEAR $70.57)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 25th...EIA Report. Big Net draw (including SPR)

Big Net Draw including SPR draw -5.815M

Crude -1.019M 

SPR -5.971M

Gas -0.482M 

Dist +1.657M 

Cush -1.061M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production flat to prior week 11.9 vs 11.9 last week

Imports 6.486

Exports 4,341

US crude inventories fell by 6.990mb last week (commercial -1.019mb, SPR -5.971mb)

Updated May 25th

Crude Stock 85.7% of 5 yr average

Gas stock 92.1% of 5 yr average

Dis stock 78.8% of 5 yr average

Updated May 25th

Updated May 25th

SPR heading to 520!

May 24th - WTI Settlement price - July=12.5% & Q3=4.3%

Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

2022 Information

May 24th WTI settled at $109.77 (Front month July 2022)

July 2022 contracts expire June 21st, 2022.

July 2022 contracts 12.5% complete

2nd Quarter 2022 WTI Pricing now 100.0% complete! (Avg Settlement $105.39 for the quarter)

3rd Quarter 2022 WTI Pricing now 4.3% complete! (Avg Settlement $111.26 for the quarter)

2022

YTD 2022 avg $92.93 (PRIOR YEAR $65.34)

Q3 2022 BTE Cash Flow AFF Q2 = $TBD avg $111.26 (PRIOR YEAR $70.57)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

SPR Tracking

There seems to be confusion on the SPR news that has been published. I put together a chart to track the news and quantities announced

Sections

1. Whitehouse confirmation (April 7th link below)

2. DOE announcement (April 1st link below)

3. 1st DOE sale notice 40m (May 24th)

4. We should still see  2nd DOE sale notice for 30m (that completes the May-Jul Whitehouse announcement)

5. We should see later a 3rd DOE sale notice for the 90m (that completes the Aug-Oct Whitehouse announcement)

The process is WH/DOE announcements follow by sale. Today was a "portion" of the May-Jul release previously announced

Hopefully this helps clear it up for some.

Whitehouse April 7th, 2022

https://www.whitehouse.gov/briefing-room/statements-releases/2022/04/07/statement-by-press-secretary-jen-psaki-on-unprecedented-iea-release-following-president-bidens-spr-announcement/?utm_source=twitter

DOE April 1st, 2022

https://www.energy.gov/articles/doe-announces-second-emergency-notice-sale-crude-oil-strategic-petroleum-reserve-address

SPR draw down 6.0m from last week.

US SPR crude inventories fell by 6mb w/w to 532mb last week

Keep draining!

Wait for EIA.

May 20th - WTI Settlement price - Q2=100% & 1H=100% complete

 Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

2022 Information

May 20th WTI settled at $113.23 (Front month June 2022)

June 2022 contracts expired today May 20th, 2022.

June 2022 contracts 100.0% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 100.0% complete! ($100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 100.0% complete!

2022

YTD 2022 avg $92.30 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.39 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 19th - WTI Settlement price - Q2=98.9% & 1H=99.4% complete

Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

2022 Information

May 19th WTI settled at $112.21 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 96.7% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 98.9% complete! ($100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 99.4% complete!

2022

YTD 2022 avg $92.30 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.38 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 18th - WTI Settlement price - Q2=97.7% & 1H=98.9% complete

 Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

2022 Information

May 18th WTI settled at $109.59 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 93.3% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 97.7% complete! ($100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 98.9% complete!

2022

YTD 2022 avg $92.28 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.27 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 18th...EIA Report. Massive Net draw (including SPR)

Big Net Draw including SPR draw

Crude -3.394M 

SPR -5.010M

Gas -4.779M 

Dist +1.235M 

Cush -2.403M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production increase to prior week 11.9 vs 11.8 last week (back where it was 2 weeks ago)

Imports 6,568

Exports 3,520

US crude inventories fell by 8.404mb last week (commercial -3.394mb, SPR -5.010mb)

Updated May 18th

Crude Stock 86.1% of 5 yr average

Gas stock 92.4% of 5 yr average

Dis stock 77.5% of 5 yr average

Updated May 4th

Updated May 18th

Below 540!

May 17th - WTI Settlement price - Q2=96.6% & 1H=98.3% complete

 Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland, unluckyl3, unlucky13, Intheweeds1984

2022 Information

May 17th WTI settled at $112.40 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 90.0% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 96.6% complete! ($100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 98.3% complete!

2022

YTD 2022 avg $92.20 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.25 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 16th - WTI Settlement price - Q2=95.4% & 1H=97.8% complete

  Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland

2022 Information

May 16th WTI settled at $114.20 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 86.7% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 95.4% complete! ($100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 97.8% complete!

2022

YTD 2022 avg $92.10 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.18 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

SPR draw down 5.0m from last week.

 US SPR crude inventories fell by ~5.0mb w/w to 538.0mb last week. 

Keep draining!

Wait for EIA.

May 13th - WTI Settlement price - Q2=92.0% & 1H=96.1% complete

  Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland

2022 Information

May 13th WTI settled at $110.49 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 76.7% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 92.0% complete! (If the last 6 days of Q2 are at or above $34.55 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 96.1% complete!

2022

YTD 2022 avg $91.74 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.90 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 12th - WTI Settlement price - Q2=90.8% & 1H=95.5% complete

 Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland

2022 Information

May 12th WTI settled at $106.13 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 73.3% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 90.8% complete! (If the last 7 days of Q2 are at or above $46.00 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 95.5% complete!

2022

YTD 2022 avg $91.60 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.77 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 12th - WTI Settlement price - Q2=90.8% & 1H=95.5% complete

 Oil above $100....every day above $70 is a great day!

My Current Stockhouse Ignore list for new investors (cleans up the garbage on the board)

User name: deepblue, GassXX, Ghost73patrol, Joe455, Jtpatrol1, Larrymartin77, Nothingmatters, SusanBolland

2022 Information

May 12th WTI settled at $106.13 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 73.3% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 90.8% complete! (If the last 7 days of Q2 are at or above $46.00 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 95.5% complete!

2022

YTD 2022 avg $91.60 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.77 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 11th...EIA Report. Net draw (including SPR)

 Big Net Draw including SPR draw

Crude +8.487M 

SPR -6.991M

Gas -3.607M 

Dist -0.913M 

Cush -0.587M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production increase to prior week 11.9 vs 11.8 last week

Imports 6,269

Exports 2,879

US crude inventories rose by 1.496mb last week (commercial +8.487mb, SPR -6.991mb)

Updated May 11th

Crude Stock 86.8% of 5 yr average

Gas stock 94.5% of 5 yr average

Dis stock 76.6% of 5 yr average

Updated May 4th

Updated May 11th

Approaching 540!

May 10th - WTI Settlement price - Q2=88.5% & 1H=94.4% complete

 Oil above $99....every day above $70 is a great day!

2022 Information

May 10th WTI settled at $99.76 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 66.7% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 88.5% complete! (If the last 9 days of Q2 is at or above $60.05 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 94.4% complete!

2022

YTD 2022 avg $91.40 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.66 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 9th - WTI Settlement price - Q2=87.4% & 1H=93.9% complete

Oil above $100....every day above $70 is a great day!

2022 Information

May 9th WTI settled at $103.09 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 63.3% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 87.4% complete! (If the last 10 days of Q2 is at or above $63.70 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 93.9% complete!

2022

YTD 2022 avg $91.37 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.77 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

SPR draw down 7.0m from last week.

US SPR crude inventories fell by ~7.0mb w/w to 543.0mb last week. 

Keep draining!

Wait for EIA.

May 6th - WTI Settlement price - Q2=83.9% & 1H=92.2% complete

Oil above $100....every day above $70 is a great day!

2022 Information

May 6th WTI settled at $109.77 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 50.0% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 83.9% complete! (If the last 14 days of Q2 is at or above $73.50 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 92.2% complete!

2022

YTD 2022 avg $91.10 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.73 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 5th - WTI Settlement price - Q2=82.8% & 1H=91.6% complete

 Oil above $100....every day above $70 is a great day!

2022 Information

May 5th WTI settled at $108.26 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 50.0% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 82.8% complete! (If the last 15 days of Q2 is at or above $76.20 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 91.6% complete!

2022

YTD 2022 avg $90.98 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.64 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 4th - WTI Settlement price - Q2=81.6% & 1H=91.1% complete

 Oil above $100....every day above $70 is a great day!

2022 Information

May 4th WTI settled at $107.81 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 46.7% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 81.6% complete! (If the last 15 days of Q2 is at or above $78.35 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 91.1% complete!

2022

YTD 2022 avg $90.87 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.58 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 4th...EIA Report. Big Net draw (including SPR)

 Big Net Draw including SPR draw

Crude +1.302M 

SPR -3.085M

Gas -2.230M 

Dist -2.344M 

Cush +1.379M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production increase to prior week 11.9 vs 11.9 last week

Imports 6,332

Exports 3,574

US crude inventories fell by 1.782mb last week (commercial +1.303mb, SPR -3.085mb)

Updated May 4th

Crude Stock 84.9% of 5 yr average

Gas stock 95.4% of 5 yr average

Dis stock 76.8% of 5 yr average

Updated May 4th

Updated May 4th

Approaching 540!

May 3rd - WTI Settlement price - Q2=80.5% & 1H=90.5% complete

Oil above $100....every day above $70 is a great day!

2022 Information

May 3rd WTI settled at $102.41 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 43.3% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 80.5% complete! (If the last 16 days of Q2 is at or above $80.55 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 90.5% complete!

2022

YTD 2022 avg $90.74 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.46 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

May 2nd - WTI Settlement price - Q2=79.3% & 1H=89.9% complete

Oil above $100....every day above $70 is a great day!

2022 Information

May 2nd WTI settled at $105.17 (Front month June 2022)

June 2022 contracts expire May 20th, 2022.

June 2022 contracts 40.0% complete

1st Quarter 2022 WTI Pricing now 100.0%complete! (Q1 officially beat the Q4 WTI average)

2nd Quarter 2022 WTI Pricing now 79.3% complete! (If the last 17 days of Q2 is at or above $81.65 we will have a $100+ WTI average for the quarter)

1st Half 2022 WTI Pricing now 89.9% complete!

2022

YTD 2022 avg $90.68 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.53 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $280M avg $80.15 (PRIOR YEAR $52.09)

2021

Q4 2021 BTE Cash Flow AFF Q4 = $215M avg WTI $76.04

Q3 2021 BTE Cash Flow AFF Q3 = $198M avg WTI $70.57

Q2 2021 BTE Cash Flow AFF Q2 = $176M avg WTI $62.71

Q1 2021 BTE Cash Flow AFF Q1 = $157M avg WTI $52.09

Full Year 2021 WTI $65.34 FINAL! 

SPR draw down 3.1m from last week.

US SPR crude inventories fell by ~3.1mb w/w to 550.0mb last week. 

Keep draining!

Wait for EIA.