Sentences with phrase «bbl in»

Increased production and reduced demand due to slowing global growth led to the decline which saw oil prices fall from $ 110 per barrel to a 13 - year low $ 27 per barrel in early 2016, with recovery to just $ 43 / bbl in July.
There's another 11.7 Bbl in the lower 48.
The price of oil didn't shoot up from $ 20 / bbl to $ 100 / bbl in less than ten years because of production expense.
With that established, it's really hard to gauge whether Holiday Star is intended for those who have played BBL in the original, or were meant to be enjoyed by all players.
For me it was only 163 EUR from XOM and 577 EUR from BBL in March.
I bought shares of BBL in June 2013 at $ 58.39, so that provides a great opportunity to average down.
Brent crude oil spot prices averaged $ 72 / bbl in April, a level that hasn't been seen since 2014.
The spread between Western Canada Select (WCS) and West Texas Intermediate (WTI) increased from $ 15.40 / bbl in November 2017 to $ 23.73 / bbl in December, spiking to $ 26.91 in February 2018.
In 2009, that relationship began to reverse, and through 2011 and 2012, light oil at Edmonton traded at massive discounts to similar crude streams on global markets — an average of $ 22.83 / bbl in fiscal year 2012 - 2013, as shown in the blue wedge at the top of the graphic below.
Without a doubt, the last 2 fiscal years (the discount was $ 48.91 / bbl in 2011 - 2012) have seen historic discounts of Alberta bitumen relative to world prices.
The lowest this discount has been was $ 16.75 / bbl in 2009 - 2010, and the highest it's been over that period was an average of $ 56.17 / bbl in 2012 - 2013.
Benchmark crude prices slipped back to average about $ 45 / bbl in August, as Russia and Saudi Arabia continued to produce at record - high levels.
Assume you could have built a pipeline and put it in service from Alberta to an eastern refinery center, with a pipeline toll of $ 7 / bbl in today's dollars, adjusted for inflation (the toll would have been $ 3.89 / bbl in 1987).
Operating costs for non-integrated mines like Kearl, estimated at less than $ 7.50 / bbl in today's dollars in 2004 are now projected to be about $ 18.50 / bbl.
In fact, with oil prices increasing only with inflation from $ 18 / bbl in 2000, the NEB expected total oilsands production to reach 1.6 million barrels per day by 2015.

Not exact matches

It wasn't a huge jump for in situ projects, which were still expected to earn a reasonable rate of return at WTI prices of $ 55 - 65 / bbl.
Instead, operating costs for the same facilities that were hoping to see costs decline to $ 12 / bbl (in today's dollars) by 2015 are seeing costs well above U.S. $ 40.
Enbridge provided similar analysis in support of their Alberta Clipper pipeline project in 2007, again suggesting that additional pipeline capacity to the U.S. Midwest would increase Canadian crude values by $ 0.28 / bbl.
In this case, oil prices would rise above US$ 100 / bbl again and the C$ would be above parity by the end of 2012 with the TSX energy, materials, and industrial sectors moving higher.
The rout in oil had moderated by late morning in Europe, with crude recovering from an earlier low of $ 48.51 / bbl to $ 49.10.
In January 2015, Goldman Sachs (gs) said that at $ 70 / bbl, around $ 2 trillion of future investments all over the world were at risk.
Oil is currently trading at about US$ 45 / bbl, which in current dollars puts it below where it was at the end of 2008, back when global markets were still in the thick of the financial crisis.
In January 2015, Goldman Sachs said that at $ 70 / bbl, around $ 2 trillion of future investments all over the world were at risk.
Oil volumes of 65,800 bbl / d were 2 percent higher than the most recent quarter and 69 percent higher vs. the same period a year ago, led by a 149 percent increase in the Delaware Basin over the past 12 months.
As the Canadian market faces $ 50 / bbl oil, stakeholders in the project delivery chain recognize that business models and processes need to change to be competitive, reduce costs and protect investments.
July 2016 Oil and Gas Prices Global crude markets showed resilience in June when both Brent and WTI rallied to a 2016 high above $ 51 / bbl, due to continuing outages in Nigeria and Canada, as well as a 1.7 % decline in U.S. production.
Network Ten and our BBL team led by David Barham revolutionised the way cricket is broadcast in Australia and attracted new, younger viewers to the game.
A study conducted by the Department of Finance examining fiscal rules in several jurisdictions concluded that fiscal rules (i.e., BBL) were largely ineffective if there wasn't the political will, and unnecessary if there was.
In affect, it would commit the government to balanced operating budgets (BOB) but not necessarily balancing the total budget (BBL).
Perhaps the BBL was in response to the Conservatives» dismal fiscal record.
According to the BBL, the government would have to present a plan in the 2016 budget to eliminate any deficits.
The company also said oil sands operations production has benefited from reliable operations at its Firebag and MacKay River plants, but base plant operations dealt with a significant, weather - related outage in January that will cut first quarter output to roughly 400,000 bbls / d.
Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, today announces the final investment decision for Vito, a deepwater development in the U.S. Gulf of Mexico with a forward - looking, break - even price estimated to be less than $ 35 / bbl.
On a historic basis, the value of bitumen in Alberta was at its lowest since 2008 during fiscal year 2012 - 2013, averaging just $ 52.78 / bbl, compared to $ 64.58 the previous year.
The diluent, usually natural gas liquids, was valued at a premium to light oil in 2012 - 2013 of $ 13.88 / bbl, compared to an average since 2005 of $ 4.96 / bbl.
As shown in the table below the API reported U.S. crude oil stocks decreased by 0.8 million barrels with Cushing inventories increased by about 1.4 million bbls on the week.
I bought BBL at $ 48.56 on 3/05 and added 10 positions in this company, making it overall 30 positions in taxable account.
Discovered in 2000, Kashagan's estimated reserves total 35 billion bbl of oil in place.»
The EOR project has the potential to add 2,000 bbl / day — 3,000 bbl / day of light oil production, which would throw off substantial cash flows and unlock over 25 million barrels of oil equivalent of in - place volumes with potential value of $ 177 million ($ 1.39 / fd share) versus a market cap of ~ $ 14 million today.
It never did quite get down to $ 38 / bbl as I predicted in my 2015 predictions, bottoming instead around $ 43.
shale oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight oil if all the types of oil are included venezuela must be a heaven with a quarter of global oil reserves with +300 billion barrels more than 260 bbls of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.
Glad to be fellow shareholders in BBL and with sputtering world growth, BBL may even go lower, however, it has already gone so much down and I feel comfortable to average down even more.
We will be happy shareholders in BBL and in last few days, it has gone up quite a bit.
I got started in the craft brewing industry when my wife, Kate, and I started a 1 - bbl nano after many years of homebrewing.
BBL Foods in a process of buying and selling the second - hand machinery with affordable price and fine quality.
BBL is a family owned company and was formerly called as AMBER, started in 1976 by Shri Balvinder Pal Singh and Mr. Avninder Mutchall.
We have produced 2,000 bbl since our launch and plan to more than double that in the coming year.
1994 second hand machines import was started and within 5 years, BBL became the largest importer of second hand machines in India and machines were imported from countries like Finland, Sweden, Denmark, Holland, Canada, Belgium and Germany.
Crisp & Dry Apple Cider will be available year - around to all of our distributor partners in 6 - pack bottles, 22oz bottles, 1/6 bbl & 1/2 bbl kegs, and will be available in 16oz cans in the summer 2016.
Height: 6» 9» Weight: 205 Age: 18 Last: 58 Stats (German BBL): 5.8 PPG, 3.2 RPG, 40 % FG An oversized ball - handler and talented, instinctive passer, Bonga would be one of the youngest players in this class and has nice upside given his unusual skill set.
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