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EIA: Gas storage capacity increased in 2024 in U.S., declined in South Central

Permian Basin Oil and Gas Magazine

Both increased in 2024. percent or 70 billion cubic feet to 4,277 Bcf. percent or 3 Bcf. Design capacity increased 7 Bcf in the Mountain region to offset declines elsewhere. Design capacity increased 7 Bcf in the Mountain region to offset declines elsewhere. Design capacity increased slightly by 0.1

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Upstream Production Report: 2022 vs. 2023 vs. 2024 – Main Basins, Operators, Oil vs. Gas

Rextag

It covers total production figures, performance by key operators, and state-level contributions, focusing on key basins such as the Permian Basin, Appalachian Basin, Denver-Julesburg (DJ) Basin, Onshore and Offshore Gulf of America (Mexico), Williston Basin, and Greater Anadarko Basin.

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LNG Canada Begins Production – A Game-Changer for Western Canadian Gas

Oil Gas Leads

bcf/d in 2024 (up from 8 bcf/d in 2023), LNG Canada’s launch could redirect volumes to global buyers , potentially easing U.S. Diversified market access: Canadian producers gain direct access to Asia-Pacific markets , reducing reliance on U.S. export pipelines. Trade flow shift: With Canadian gas exports to the U.S. averaging 8.6

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Enbridge tops Q1 profit estimates on record mainline crude volumes

Oil & Gas 360º

billion (C$2 billion) for the same period of 2024. The growth outlook in the economically advantaged Western Canadian Sedimentary Basin (WCSB) remains strong with approximately 1 million incremental barrels per day expected to come onstream by 2035, Ebel said. bcf/d natural gas pipeline connecting Permian supply to Katy.

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Pipeline planned to supply LNG project receives green light from B.C. regulator

Oil Gas Leads

The pipeline is designed to supply ~2 Bcf/d of natural gas from northeastern B.C. to the Ksi Lisims LNG export terminal proposed near Pearse Island on the West Coast. regulator appeared first on Oil Gas Leads.

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Petrovietnam, JV Partners Sign PSC for Vietnam Block

Rigzone

When completed, the project will supply 125 billion standard cubic feet (Bcf) per day of natural gas to the domestic market, Petrovietnam said in a news release. By 2024, the total output of the project was more than 426 million barrels and more than 216 Bcf of gas, bringing in total revenue of more than $31 billion, Petrovietnam said.

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

The Permian Basin continues to be a driving force behind U.S. During its Q4 2024 earnings call , ONEOK outlined significant infrastructure expansions, acquisitions, and future growth opportunities in the Permian. Heres a breakdown of what was said about the companys investments and outlook for the basin. Bcf/d in 2025.

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