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Marcellus/Utica Set to Grow Thanks to LNG, Data Centers, Southeast

Marcellus Drilling News

Since 2021, the M-U has been rangebound in producing somewhere between 34 and 37 Bcf/d (see the chart). The main reason we haven’t expanded our production is the lack of transportation (pipelines) to move our molecules to.

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Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

The company broke ground on the construction of the facility in February 2023, with the development of storage facilities and the associated pipeline advancing in February 2024. Improved fiscals introduced through Nigeria’s Petroleum Industry Act in 2021 further enticed investments by both international and regional players.

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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

Some Canadian politicians are now calling for a new crude pipeline from Alberta to the Pacific coast, as part of a broader effort to strengthen the country’s economy in the face of U.S. billion after paying down a combined total of almost C$22 billion in debt between 2021 and 2024. tariff threats.

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Middle East Conflict Jolts Energy Markets

Enverus

Strategic Petroleum Reserve is depleted by 200 million barrels to 2021. This shift could bolster arguments for increased investment in Canadian oil infrastructure, including pipelines. Israel’s military strikes in Iran have reminded traders that Middle Eastern oil supplies are not risk-free.

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Equinor Files Development Plan for Fram South in Norwegian North Sea

Rigzone

The Fram South development consists of Echino South, discovered 2019; Blasto, discovered 2021; and two smaller discoveries. Oil from the Fram field goes through Troll Oil Pipeline II to Mongstad, and gas is exported to Kollsnes via the Troll A platform. Fram South is in the northern part of the North Sea, about 20 kilometers (12.43

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NATO Innovation Fund, Norway Invest in Robotic Offshore Assets Maintenance

Rigzone

For pipelines, Kongsberg Ferrotech has developed a set of robotic solutions called Nautilus to reduce inspection and repair time to just days. “With about 160,000-kilometer subsea pipelines around the world, unmitigated leaks are causing environmental spills on a daily basis.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

10 Based on the European Union’s 2021 emissions. If not utilized on site, captured CO 2 can be compressed and transported via pipeline, ship, rail, or truck, and then repurposed for various applications or injected into deep geological formations (such as saline formations or depleted oil and gas fields) for permanent storage.