Apr 20th...EIA Report. Massive Net draw (including SPR)

  Net Draw including SPR draw

Crude 8.020M 

SPR -4.701M

Gas -0.761M 

Dist -2.664M 

Cush -0.185M

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 5,837

Exports 4,270

US crude inventories fell by 12.721mb last week (commercial -8.020mb, SPR -4.701mb)

Updated Apr 20th

Crude Stock 85.0% of 5 yr average

Gas stock 97.0% of 5 yr average

Dis stock 79.9% of 5 yr average

Updated Apr 20th

Updated Apr 20th

Approaching 550!

Apr 19th - WTI Settlement price - Q2=64.4% & 1H=82.7% complete

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

2022 Information

April 19th WTI settled at $102.56 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 96.6% complete

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

2nd Quarter 2022 WTI Pricing now 64.4% complete! (If the last 30 days of Q2 is at or above $33.40 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 82.7% complete!

2022

YTD 2022 avg $89.60 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.85 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Apr 18th - WTI Settlement price - Q2=63.2% & 1H=82.1% complete

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

2022 Information

April 18th WTI settled at $108.21 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 96.4% complete

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

2nd Quarter 2022 WTI Pricing now 63.2% complete! (If the last 31 days of Q2 is at or above $35.43 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 82.1% complete!

2022

YTD 2022 avg $89.55 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.99 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Big SPR draw down 4.7m from last week.

US SPR crude inventories fell by ~4.7mb w/w to 556.0mb last week. 

Keep draining!

Wait for EIA.

Apr 14th - WTI Settlement price - Q2=58.6% & 1H=79.9% complete

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

2022 Information

April 14th WTI settled at $106.95 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 82.1% complete

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

2nd Quarter 2022 WTI Pricing now 58.6% complete! (If the last 35 days of Q2 is at or above $43.69 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 79.9% complete!

2022

YTD 2022 avg $89.04 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.78 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Apr 13th - WTI Settlement price - Q2=57.5% & 1H=79.3% complete

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

2022 Information

April 13th WTI settled at $104.25 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 78.6% complete

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

2nd Quarter 2022 WTI Pricing now 57.5% complete! (If the last 36 days of Q2 is at or above $45.54 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 79.3% complete!

2022

YTD 2022 avg $88.90 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.69 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Apr 13th...EIA Report. Net draw (including SPR)

 Net Draw including SPR draw

Crude +9.382M 

SPR -3.899M

Gas -3.649M 

Dist -2.902M 

Cush +0.450M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production increase to prior week 11.8 vs 11.8 last week

Imports 5,995

Exports 2,180

US crude inventories rose by 5.483mb last week (commercial +9.382, SPR -3.899mb)

Updated Apr 13th

Crude Stock 87.4% of 5 yr average

Gas stock 97.1% of 5 yr average

Dis stock 82.1% of 5 yr average

Updated Apr 13th

Updated Mar 30th

SPR below 570!

Apr 12th - WTI Settlement price - Q2=56.3% & 1H=78.8% complete

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

2022 Information

April 12th WTI settled at $100.60 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 75.0% complete

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

2nd Quarter 2022 WTI Pricing now 56.3% complete! (If the last 37 days of Q2 is at or above $47.21 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 78.8% complete!

2022

YTD 2022 avg $88.77 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $104.62 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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 down 3.9m from last week.

US SPR crude inventories fell by ~3.9mb w/w to 560.7mb last week

Over 5 days that is taking out ~780K bopd

Keep draining!

Wait for EIA.

Apr 11th - WTI Settlement price - Q2=55.2% & 1H=78.2% complete

Oil above $94....every day above $70 is a great day!

2022 Information

April 11th WTI settled at $94.29 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 71.4% complete

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

2nd Quarter 2022 WTI Pricing now 55.2% complete! (If the last 38 days of Q2 is at or above $48.78 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 78.2% complete!

2022

YTD 2022 avg $88.64 (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 = $TBD 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! 

Apr 8th - WTI Settlement price - Q2=51.7% & 1H=76.5% complete

 Oil above $98....every day above $70 is a great day!

2022 Information

April 8th WTI settled at $98.26 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 60.7% complete

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

2nd Quarter 2022 WTI Pricing now 51.7% complete! (If the last 43 days of Q2 is at or above $52.18 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 76.5% complete!

2022

YTD 2022 avg $88.50 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.19 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Apr 7th - WTI Settlement price - Q2=50.6% & 1H=76.0% complete

 Oil above $95....every day above $70 is a great day!

2022 Information

April 7th WTI settled at $96.03 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 57.1% complete

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

2nd Quarter 2022 WTI Pricing now 50.6% complete! (If the last 42 days of Q2 is at or above $53.32 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 76.0% complete!

2022

YTD 2022 avg $88.41 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.30 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Apr 6th - WTI Settlement price - Q2=49.4% & 1H=75.4% complete

Oil above $95....every day above $70 is a great day!

2022 Information

April 6th WTI settled at $96.23 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 53.6% complete

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

2nd Quarter 2022 WTI Pricing now 49.4% complete! (If the last 43 days of Q2 is at or above $54.31 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 75.4% complete!

2022

YTD 2022 avg $88.35 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.51 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Apr 6th...EIA Report. Good Net draw (including SPR)

 Net Draw including SPR draw

Crude +2.421M 

SPR -3.742M

Gas -2.041M 

Dist +0.771M 

Cush +1.654M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production increase to prior week 11.8 vs 11.7 last week

Imports 6,300

Exports 3,693

US crude inventories fell by 1.321mb last week (commercial +2.421, SPR -3.742mb)

Updated Apr 6th

Crude Stock 85.9% of 5 yr average

Gas stock 98.8% of 5 yr average

Dis stock 84.3% of 5 yr average

Updated Apr 6th

Updated Mar 30th

SPR below 570!

Apr 5th - WTI Settlement price - Q2=48.3% & 1H=74.9% complete

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

2022 Information

April 5th WTI settled at $101.96 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 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 48.3% complete! (If the last 44 days of Q2 is at or above $55.14 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 75.4% complete!

2022

YTD 2022 avg $88.34 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.86 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Apr 4th - WTI Settlement price - Q2=47.1% & 1H=74.3% complete

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

2022 Information

April 4th WTI settled at $103.28 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 46.4% complete

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

2nd Quarter 2022 WTI Pricing now 47.1% complete! (If the last 45 days of Q2 is at or above $56.15 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 74.3% complete!

2022

YTD 2022 avg $88.25 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.99 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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 down 3.7m from last week.

US SPR crude inventories fell by ~3.7mb w/w to 564.6mb last week. 

Over 5 days that is taking out ~740K bopd

Keep draining!

Wait for EIA.

Apr 1st - WTI Settlement price - Q2=43.7% & 1H=72.6% complete

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

2022 Information

April 1st WTI settled at $99.27 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 35.7% complete

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

2nd Quarter 2022 WTI Pricing now 43.7%complete! (If the last 48 days of Q2 is at or above $58.99 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 72.6% complete!

2022

YTD 2022 avg $87.94 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.32 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 31st - WTI Settlement price - Q2=42.5% & 1H=72.1% complete

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

2022 Information

March 31st WTI settled at $100.28 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 32.1% complete

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

2nd Quarter 2022 WTI Pricing now 42.5%complete! (If the last 49 days of Q2 is at or above $59.80 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 72.1% complete!

2022

YTD 2022 avg $87.86 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.53 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 30th - WTI Settlement price - Q2=41.4% & 1H=71.5% complete

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

2022 Information

March 30th WTI settled at $107.82 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 28.6% complete

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

2nd Quarter 2022 WTI Pricing now 41.4%complete! (If the last 50 days of Q2 is at or above $60.45 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 71.5% complete!

2022

YTD 2022 avg $87.82 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.91 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 30th...EIA Report. Big Net draw (including SPR)

Net Draw including SPR draw

Crude -3.449M 

SPR -3.001M

Gas +0.785M 

Dist +1.394M 

Cush -1.009M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production increase to prior week 11.7 vs 11.6 last week

Imports 6,259

Exports 2,988

US crude inventories fell by 6.450mb last week (commercial -3.449, SPR -3.001mb)

Updated Mar 30th

Crude Stock 86.0% of 5 yr average

Gas stock 100.1% of 5 yr average

Dis stock 83.9% of 5 yr average

Updated Mar 30th

Updated Mar 30th

SPR below 570!

Mar 29th - WTI Settlement price - Q2=40.2% & 1H=70.9% complete

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

2022 Information

March 29th WTI settled at $104.24 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 25.0% complete

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

2nd Quarter 2022 WTI Pricing now 40.2%complete! (If the last 51 days of Q2 is at or above $61.45 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 70.9% complete!

2022

YTD 2022 avg $87.64 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.78 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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 down 3.0m from last week.

US SPR crude inventories fell by ~3.0mb w/w to 568.3mb last week.

Keep draining!

Wait for EIA.

Mar 28th - WTI Settlement price - Q2=39.1% & 1H=70.4% complete

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

2022 Information

March 28th WTI settled at $105.96 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 7.1% complete

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

2nd Quarter 2022 WTI Pricing now 39.1%complete! (If the last 52 days of Q2 is at or above $62.25 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 70.4% complete!

2022

YTD 2022 avg $87.52 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.90 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 24th - WTI Settlement price - Q2=34.5% & 1H=68.2% complete

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

2022 Information

March 24th WTI settled at $112.34 (Front month May 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 7.1% complete

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

2nd Quarter 2022 WTI Pricing now 34.5%complete! (If the last 56 days of Q2 is at or above $65.61 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 68.2% complete!

2022

YTD 2022 avg $86.81 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.56 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 23rd - WTI Settlement price - Q2=33.3% & 1H=67.6% complete

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

2022 Information

March 23rd WTI settled at $114.93 (Front month Apr 2022)

May 2022 contracts expire April 20th, 2022.

May 2022 contracts 3.6% complete

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

2nd Quarter 2022 WTI Pricing now 33.3%complete! (If the last 58 days of Q2 is at or above $66.40 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 67.6% complete!

2022

YTD 2022 avg $86.62 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.46 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 23rd...EIA Report. Massive Net draw (including SPR)

 Net Draw including SPR draw

Crude -2.508M 

SPR -4.190M

Gas -2.947M 

Dist -2.071M 

Cush +1.235M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production flat to prior week 11.6 vs 11.6 last week

Imports 6,486

Exports 3,844

US crude inventories fell by 6.698mb last week (commercial -2.508, SPR -4.190mb)

Updated Mar 23rd

Crude Stock 87.5% of 5 yr average

Gas stock 99.4% of 5 yr average

Dis stock 82.1% of 5 yr average

Updated Mar 23rd

Updated Mar 23rd

SPR hitting 570!

Mar 22nd - WTI Settlement price - Q2=32.2% & 1H=67.0% complete

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

2022 Information

March 22nd WTI settled at $111.76 (Front month Apr 2022)

April 2022 contracts expired today March 22nd, 2022.

April 2022 contracts 100%% complete

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

2nd Quarter 2022 WTI Pricing now 32.3%complete! (If the last 58 days of Q2 is at or above $67.29 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 67.0% complete!

2022

YTD 2022 avg $86.36 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.06 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 21st - WTI Settlement price - Q2=31.0% & 1H=66.5% complete

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

2022 Information

March 18th WTI settled at $112.12 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 96.4% complete

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

2nd Quarter 2022 WTI Pricing now 31.0%complete! (If the last 59 days of Q2 is at or above $68.03 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 66.5% complete!

2022

YTD 2022 avg $86.15 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.87 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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 down 4.2m from last week.

US SPR crude inventories fell by ~4.2mb w/w to 571.3mb last week.

Keep draining!

Wait for EIA.

Mar 18th - WTI Settlement price - Q2=27.6% & 1H=64.8% complete

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

2022 Information

March 18th WTI settled at $104.70 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 85.7% complete

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

2nd Quarter 2022 WTI Pricing now 27.6%complete! (If the last 62 days of Q2 is at or above $70.04 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 64.8% complete!

2022

YTD 2022 avg $85.55 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.41 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 17th - WTI Settlement price - Q2=26.4% & 1H=64.2% complete

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

2022 Information

March 17th WTI settled at $102.98 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 82.1% complete

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

2nd Quarter 2022 WTI Pricing now 26.4%complete! (If the last 63 days of Q2 is at or above $70.62 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 64.2% complete!

2022

YTD 2022 avg $85.37 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.37 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 16th - WTI Settlement price - Q2=25.3% & 1H=63.7% complete

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

2022 Information

March 16th WTI settled at $95.04 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 78.6% complete

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

2nd Quarter 2022 WTI Pricing now 25.3%complete! (If the last 64 days of Q2 is at or above $71.25 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 63.7% complete!

2022

YTD 2022 avg $85.14 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.13 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 16th...EIA Report. Net draw (including SPR)

 Net Draw including SPR draw

Crude +4.345M 

SPR -1.983M

Gas -3.616M 

Dist +0.332M 

Cush +1.786M

ITEMS BELOW TO BE UPDATED LATER IN BLUE

WHITE IS UPDATED

BLUE FROM LAST WEEK

Other info

Domestic production flat to prior week 11.6 vs 11.6 last week

Imports 6,395

Exports 2,936

US crude inventories rose by 2.362mb last week (commercial +4.345, SPR -1.983mb)

Updated Mar 16th

Crude Stock 83.0% of 5 yr average

Gas stock 103.8% of 5 yr average

Dis stock 82.9% of 5 yr average

Updated Mar 16th

Updated Mar 16th

SPR getting closer to 570!

Mar 15th - WTI Settlement price - Q2=24.1% & 1H=63.1% complete

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

2022 Information

March 15th WTI settled at $96.44 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 71.4% complete

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

2nd Quarter 2022 WTI Pricing now 24.1%complete! (If the last 65 days of Q2 is at or above $71.60 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 63.1% complete!

2022

YTD 2022 avg $85.07 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $105.65 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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 down 2.0m from last week.

US SPR crude inventories fell by ~2.0mb w/w to 575.5mb last week.

Keep draining!

Wait for EIA.

Mar 14th - WTI Settlement price - Q2=23.0% & 1H=62.6% complete

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

2022 Information

March 14th WTI settled at $103.01 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 71.4% complete

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

2nd Quarter 2022 WTI Pricing now 23.0%complete! (If the last 66 days of Q2 is at or above $71.87 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 62.6% complete!

2022

YTD 2022 avg $85.03 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.40 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 11th - WTI Settlement price - Q2=19.5% & 1H=60.9% complete

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

2022 Information

March 11th WTI settled at $109.33 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 60.7% complete

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

2nd Quarter 2022 WTI Pricing now 19.5%complete! (If the last 69 days of Q2 is at or above $73.29 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 60.9% complete!

2022

YTD 2022 avg $84.46 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.51 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 10th - WTI Settlement price - Q2=18.4% & 1H=60.3% complete

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

2022 Information

March 10th WTI settled at $106.02 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 57.1% complete

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

2nd Quarter 2022 WTI Pricing now 18.4%complete! (If the last 71 days of Q2 is at or above $73.85 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 60.3% complete!

2022

YTD 2022 avg $84.20 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.15 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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! 

Mar 9th - WTI Settlement price - Q2=17.2% & 1H=59.8% complete

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

2022 Information

March 9th WTI settled at $108.70 (Front month Apr 2022)

April 2022 contracts expire March 22nd, 2022.

April 2022 contracts 53.6% complete

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

2nd Quarter 2022 WTI Pricing now 17.2%complete! (If the last 71 days of Q2 is at or above $74.27 we will beat the Q1-2022 WTI average)

1st Half 2022 WTI Pricing now 59.8% complete!

2022

YTD 2022 avg $84.03 (PRIOR YEAR $65.34)

Q2 2022 BTE Cash Flow AFF Q2 = $TBD avg $106.32 (PRIOR YEAR $62.71)

Q1 2022 BTE Cash Flow AFF Q1 = $TBD 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!