Sentences with phrase «own bbl»

Brent forward prices above $ 70 / bbl until end of 2018.

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.

By 2009, the NEB pegged the break - even price for new oilsands projects at a U.S. $ 55 - 70 / bbl WTI price, and the expected quantity had been scaled back largely due to the financial crisis, to less than 3 million barrels per day by 2015.

Oil prices were forecast to be about $ 95 / bbl plus inflation.

Costs back then were still low by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S. oil prices of $ 20 - $ 30 to generate reasonable rates of return.

Coincidentally, the light oil price forecast of the day had also crept up, to U.S. $ 24 / bbl plus inflation, with oilsands production expected to reach 2.2 million barrels per day by 2015.

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.

* Brent forward prices are above $ 70 / bbl until end of 2018.

At that time, it seemed new oilsands plants would generate a reasonable return on invested capital as long as oil prices remained at around U.S. $ 18 / 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.

A May 2013 report from the Canadian Energy Research Institute estimated that new oil price break - even requirements would be, «$ 77.85 / bbl for SAGD projects; $ 103.16 / bbl for integrated mining and upgrading projects; and $ 99.49 / bbl for stand - alone mining projects.»

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.

According to the U.S. Energy Information Administration, Norway produces 1,602,000 barrels of crude oil a day, and its refinery capacity is 319,000 bbl / day — about 20 per cent of crude oil production.

The comparable figures for Canada are 3,136,000 bbl / day of crude oil production and 1,918,000 bbl / day of refinery capacity — about 61 per cent of crude oil production.

But that's not to say that Norway doesn't sell refined oil products to the rest of the world; Statoil has built a 110,000 bbl / day refinery specifically to serve the export market.

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.

Other important assumptions not specified above are a $ 0.99 US / Cdn FX rate, a $ 4 / bbl diluent premium over light oil and a $ CDN 15 difference between the $ CDN - equivalent WTI price and WCS prices at Hardisty, both increasing with inflation, and transportation charges of $ 1 / bbl for diluent and $ 1.50 / bbl for dilbit to / from Hardisty.

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.

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.

Goldberg had just launched his BBL Commodities Value Fund the previous September, but he was hardly a newcomer to oil markets.

His strategy for BBL was to trade oil «across the barrel» — refined products as well as crude itself — and to stay focused on short - term opportunities while keeping one eye on the horizon.

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.

Helms also said that oil sands production levels could dip below one million per day before the end of 2016, if prices stay below the $ 50 / bbl.

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).

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.

For the balance of 2018, WPX has 57,500 bbl / d of oil hedged at a weighted average price of $ 52.82 per barrel; 130,000 MMBtu / d of natural gas hedged at a weighted average price of $ 2.99 per MMBtu; and 12,100 bbl / d of NGL hedged.

Their premium over crude on refined products such as gasoline, jet fuel and fuel oil has averaged $ 24.60 / bbl over the last year.

For 2019, WPX has 34,000 bbl / d of oil hedged at a weighted average price of $ 52.30 per barrel and 50,000 MMBtu / d of natural gas hedged at a weighted average price of $ 2.88 per MMBtu.

Benchmark crude prices slipped back to average about $ 45 / bbl in August, as Russia and Saudi Arabia continued to produce at record - high levels.

The pairing later pulled back under 1.2850 as crude rallied $ 1.00 / bbl.

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.

We are proud of everything we achieved with the BBL and WBBL,» he said.

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.

The best strategy for the Liberals and the NDP is to get rid of the BBL.

Oil is «likely to trade to the downside of $ 45 / bbl as a no - cut is actually communicated, then will return toward $ 48.»

For the BBL to have any credibility, it will be important that there be adequate monitoring and enforcement by an independent body.

And this is where the balanced budget legislation (BBL) comes important.

The proposed BBL should include adjustments to PBO's mandate to include the dating of the economic cycle, estimating the cyclically - adjusted and the structural balance, verifying the costs of the extraordinary circumstances, measuring the government's compliance to the law, among others.

In affect, it would commit the government to balanced operating budgets (BOB) but not necessarily balancing the total budget (BBL).

The BBL did not receive much attention at the time since the government was forecasting surpluses and so it didn't seem relevant.

International stocks such as BBL throw things off, but for a quick snapshot, it makes sense.

What other country has a 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.

Of the 300,000 bbls / d of petroleum products that moves through the existing Trans Mountain pipeline, an estimated 80,000 bbls / d would be diluted bitumen.

1) BHP Billiton plc (BBL): 20 positions at $ 32.00 on 9/04: $ 640.00 2) Digital Realty, Inc. (DLR): 10 positions at $ 62.80 on 9/04: $ 628.00 3) Ventas Inc. (VTR): 10 positions at $ 53.97 on 9/04: $ 539.70