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(World Oil) –Cheniere Energy has announced that substantial completion of Train 1 at the Corpus Christi Stage 3 Liquefaction Project (CCL Stage 3) was achieved on March 16, 2025. As of January 31, 2025, overall project completion for CCL Stage 3 was 78.3%, which reflects engineering 97.6% complete, procurement 97.2%
from 2018-2024. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
Even with Q1 2025 rig activity down 24% year-over-year, production rose 12%—thanks to techniques like triple-frac completions , longer laterals, and automation. Final Thought: Chevron’s 2025 Playbook = Efficiency + Optionality Chevron is shifting from a “drill more” mentality to a “drill smarter” one.
On November 6, Energy Transfer reported its financial results for the third quarter of 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea, and CFO Dylan Bramhall. Tom Long, co-CEO, Energy Transfer Q3 2024 Financial Highlights* More highlights from the earnings call are below. billion compared to $3.54
Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. In Q4 2024 , Mach’s production averaged 86.7
The group, known as the Stonlasec8 Indigenous Alliance LP, secured CA$400 million in loan guarantees from the newly launched Canada Indigenous Loan Guarantee Corporation (CILGC), a federal entity created in December 2024 to help Indigenous communities gain access to capital and participate in major infrastructure projects. midstream assets.
On February 11, Energy Transfer reported its financial results for the fourth quarter and year ended 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea. Mackie McCrea, co-CEO, Energy Transfer Full Year and Q4 2024 Financial Highlights* More highlights from the earnings call are below. billion compared to $3.6
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. London, Mexico City and Shanghai.
The company sold midstream assets in Reeves County to Kinetik Holdings for $180 million, freeing up capital and sharpening its focus on core E&P operations. Efficiency gains are a major driver here: Drilling & Completion costs: $750/ft (–8% YoY) Cash costs per boe: –4% QoQ Q1 2025 Free Cash Flow: A record-breaking $460 million 4.
As unconventional oil and gas development matures, operators continue to push the envelope in completion design and execution. Fewer rig moves, reduced idle equipment, and streamlined logistics mean more wells completed in less time. But the benefits go beyond cost savings.
ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. power demand. “As we announced today, we signed PSAs for about $600 million.
billion in Q1 2024. Affiliate CapEx also declined, particularly at TCO in Kazakhstan, following the completion of the Future Growth Project. Chevron is shifting from rig volume to completion speed and well quality. Asset Pruning : East Texas gas assets and midstream facilities were sold, streamlining the portfolio.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
in Q1 2024) The hedging program helped cushion volatility, but the rising strip prices still led to a $322 million unrealized loss , resulting in a net loss of $115.4 Midstream CapEx: $48.7M billion to fund its Haynesville development plan and midstream infrastructure build-out. Midstream CapEx: $48.7M G&T: $0.37
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. London, Mexico City and Shanghai.
is navigating commodity market volatility with disciplined capital allocation, as it trims its 2025 drilling and completion plans. Drilling Trends: Q1 2024 vs Q1 2025 Matadors strategic shift is part of a broader pattern across the U.S. Matador Resources Co.
The company reported a 17% improvement in drilling duration per well compared to 2024, leading to an 18% reduction in drilling costs. The company achieved a 15% improvement in drilling duration per well and an 11% reduction in average well costs compared to 2024.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
The results show a moderate but consistent pace of development, with several high-activity months in mid-2024. This is well below the monthly highs seen in 2024. wells These figures represent a downward trend compared to the same period in 2024 , where SM Energy drilled 4, 15, and 16 wells in June, July, and August respectively.
Quarterly Drilling Activity: 2024 vs 2025 Coterra drilled: 88 wells in Q1 2024 43 wells in Q1 2025 This marks a 51% year-over-year decline in Q1 drilling activity. ” Tom Jorden, CEO Drilling, Rigs & Completions Permian activity will be lowered from 10 rigs to 7 in the second half of 2025 (30% drop). .
market, including a CAD 32 million net loss in Q4 2024 and an additional CAD 4 million loss in Q1 2025. The company is also doubling down on innovation, introducing Canadas first 100% natural gas-powered NGx fracturing pumppositioning STEP as a leader in low-emission completions technology.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai.
For several quarters, weve highlighted significant new natural gas demand in these areas, said CEO Kim Dang in the companys Q4 2024 earnings release. October 2024 : Kinder Morgan finalized plans for the Gulf Coast Express expansion to enhance natural gas distribution across the southern U.S. It is scheduled for completion in late 2026.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai.
Driving Efficiency: Key Gains in 2024 & 2025 Strategy Whitecap has made significant strides in drilling, completion, infrastructure, and cost optimization , setting the stage for a highly efficient 2025. Musreau 05-09 Battery: Completed 10% below budget and ahead of schedule. billion Funds Flow: $1.65 billion ($2.81/share)
That has completely changed the last two days and for good reason, said Michael Smith, CEO of Freeport LNG , referring to the shift in discussion toward gas at the event. Executives voiced frustration over delays in building pipelines and other midstream assets. LNG markets are very tight, said Smith.
2024 is almost in the books! As we wind down the remaining days until the New Year, lets take a look back at some of the highlights of 2024. The two-year partnership began with the 2024 season with Energy Transfer and Sunoco logos displayed on the teams car for the three Formula 1 Grand Prix races in the U.S.
Every time I drive into Midland for hitch from East Texas I see more and more facilities being built, observes Luis Raymundo, Lead Chemical Operator at Refined Completions. However, demand has surged alongside the regions continued development, which led to the construction of a new 100,000-square-foot facility in May 2024.
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