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As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025.
Where the Pipe Runs: Counties & Context This new loop stretches across Loving, Pecos, Reeves, Ward, and Winkler Counties —the beating heart of West Texas’s oil and gas production corridor. These areas are cornerstones of the Delaware Basin, where associatedgas volumes continue to surge alongside crude output.
(TSX: TWM) CALGARY, AB, July 3, 2025 /CNW/ – Tidewater Midstream and Infrastructure Ltd. (“Tidewater” or the “Corporation”) (TSX: TWM) is pleased to announce that it has entered into a definitive agreement with Parallax Energy Operating Inc. (“Parallax”) for the sale of its Sylvan Lake gas plant and associated (..)
for the sale of its Sylvan Lake gas plant and associatedgas gathering infrastructure for total proceeds of approximately $4 million (CAD 5.5 for the sale of its Sylvan Lake gas plant and associatedgas gathering infrastructure for total proceeds of approximately $4 million (CAD 5.5 compared to $39.8
EOG Resources: Focused on Low-Cost Gas Supply EOG hasn’t announced direct BTM ventures, but it sees opportunity in the AI boom. With strong positions in the Eagle Ford and Dorado plays, EOG plans to grow gas output by 10–12% in 2025.
Natural gas production in the Permian Basin continues to rise and is expected to increase in 2025 by about 4 percent. The growth is driven by associatedgas from oil-directed drilling. The growth in associatedgas presents both opportunities and operational challenges. Unlike other U.S. Treasury debt.
In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.
emerged as the top driller in Western Canada during Q1 2025, maintaining robust activity levels across its oil sands and conventional heavy oil assets. The company recorded 266 drilling operations in Q1 2025, marking a 9% increase from 244 in Q1 2024 Oil Gas Leads. billion in 2025. Cenovus Energy Inc. billion to $5.0
Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C. and Alberta, a supply gap will become apparent over the next couple of years. EIRs analysis pulls from a variety of products including Enverus Forecast Analytics and Enverus Foundations.
As Montney E&Ps pivot towards condensate-directed drilling, they will likely produce large quantities of associatedgas. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices. Figure 2: Canadian bitumen, condensate and associatedgas growth projections through 2030.
Under the terms of the agreement, BP's work will include a drilling programme, rehabilitation of existing wells and facilities, and construction of new infrastructure, including gas expansion projects. The project is expected to commence in 2025 and meets BP's investment returns criteria.
The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Natural Gas Processing Capacity Growth ONEOK is relocating a 150 MMcf/d natural gas processing plant from North Texas to the Permian Basin. This move supports the companys growing gas gathering and processing footprint.
April 17, 2025 Liberty Energy Inc. per share in Q1 2025, down sharply from $0.48 Gas producers could benefit from lower associatedgas production in oil-rich basins if crude activity softens, potentially tightening gas supply in the back half of 2025. NYSE: LBRT), one of the largest U.S. a year ago.
Enterprise executives highlighted that Permian growth is exceeding prior forecasts , and the company is already preparing to update its projections in Q2 2025. Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations.
The Mushtarek Platform called for and convened a meeting using Zoom facility on Friday, 9 May 2025. [3] The first public activity during this experimental phase was about petroleum sector in Iraq; the backbone of the Iraqi economy. 3] A brief introduction to the event was delivered by Ms.
Our shift from cash outflow in 2023 to cash generation in 2024 has been important, and in 2025 we expect the cash generated by the Tawke PSC to continue to cover our costs. In partnership with DNO, Genel continues to be part of the first AssociatedGas Injection (AGI) project in the Kurdistan Region of Iraq ('KRI').
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