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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.
(Oil & Gas 360) – MIDLAND, Texas–June 12, 2025. The Company is completing final due diligence, and the appointments are expected to reinforce the Company’s governance and long-term growth strategy. Bcf of proved and probable helium reserves sourced alongside natural gas production. New Era Helium, Inc.
Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. million barrels of oil per day as of Q1 2025. Refracs & EOR Gaining Traction Operators are increasingly revisiting older wells with modern completions. oil production, delivering approximately 1.2–1.3
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Management estimates of gas estimated ultimate recovery (EUR) for the State 36-2R well range from 4-6 billion cubic feet (“BCF”) (0.9
billion cubic feet per day (Bcf/d) of natural gas from northeast British Columbia to the Canada-U.S. The transaction is expected to close by Q2 2025, subject to regulatory approvals and customary closing conditions. In May 2025, Enbridge Inc. The Westcoast pipeline, operated by Enbridge subsidiary Westcoast Energy Inc.,
billion, marks Brookfield’s complete exit from NGPL and positions ArcLight as the pipeline system’s largest stakeholder. Its infrastructure includes 1 million horsepower of compression capacity and 288 billion cubic feet (Bcf) of storage. The transaction was signed on March 21, 2025, and is expected to close in Q2 2025.
In May 2025, Swedish private equity firm EQT AB (STO: EQT) entered into a definitive agreement to acquire a 54.1% As of April 2025, Waga operates or is building 50 production units across Europe and North America, with a total commercial pipeline of 16.8 Bcf/d beginning in 2027. per share, contingent on the monetization of U.S.
In its latest June 2025 Short-Term Energy Outlook , the U.S. The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators. shale development. dry gas production outlook.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. billion cubic feet (BCF) natural gas and 66.5 BCF natural gas and 53.2 The complete resource evaluation can be downloaded from SEDAR+.
Just six months after launching Phase I of its state-of-the-art 24 Bcf gas storage facility in Anderson County, East Texas, the company has continued expanding with momentum—and a clear focus on reliability, capacity, and innovation.
April 30, 2025 Comstock Resources (NYSE: CRK) has released its Q1 2025 earnings, showcasing a confident return to growth, operational efficiency, and a focused expansion strategy in the Haynesville shale. Production Holds Steady Natural gas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1
drilling landscape, Precision Drilling Corporation (TSX:PD; NYSE:PDS) entered 2025 with steady financial performance, operational strength in Canada, and a continued focus on shareholder returns. The company has: Trimmed 2025 capital spending to mitigate uncertainty. Despite persistent market volatility and a softening U.S. activity.
May 27, 2025 The Hugh Brinson Pipeline, a major natural gas infrastructure project led by Energy Transfer LP , continues to move forward as key regulatory approvals are secured. Bcf/d of gas. Bcf/d based on demand. Phase I : A 42-inch mainline capable of moving 1.5 Estimated Investment : $2.7 Target Operational Date : Q4 2026.
The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Bcf/d in 2025. Scheduled for completion in early 2028 , with expansion potential beyond 400,000 bpd. LNG exports , which are expected to increase from 16 Bcf/d today to nearly 30 Bcf/d in the coming years.
This is normally completed through an addendum or “special provisions.” billion cubic feet of production on February 4, 2021 (“Bcf”) to 65.4 BCF on February 17, 2021. May 5, 2025), ECF No. Of course, like any contract, the parties are free to modify the base terms. 4:21-CV-01262 (S.D.
Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project. Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub. It is scheduled for completion in late 2026. For 2025, Kinder Morgan projects net income growth of 8% to $2.8
Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. Bcf/d of takeaway capacity. 2025 Forecast Projected Crude Oil Output: 6.6 We analyze major U.S.
billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. Bcf/d in 2024 to over 26.8
Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, JOGMEC Pen LNG Cooperation Deal by Jov Onsat | Rigzone Staff | Tuesday, June 24, 2025 | 7:30 AM EST The cooperation could include 'exploring the utilization of LNG storage facilities in Malaysia' to help secure supply for Japan. billion cubic feet (Bcf) a year or 1.21
billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. Bcf/d in 2024 to over 26.8
JULY Energy Transfer Completed its Acquisition of WTG Midstream Holdings Energy Transfers completion of its acquisition of WTG Midstream added approximately 6,000 miles of gas-gathering pipelines that extend Energy Transfers network in the Midland Basin. Bcf/d, and two additional processing plants that are under construction.
New Era will provide natural gas under a20-year fixed-price agreement(five-year base + three five-year options), ensuring cost stability for the data center.The projects first phase is slated for completion in late 2026. billion cubic feet (BCF)of proved and probable helium, with $113 million in committed sales via 10-year contracts.
LLC in Louisiana, complete authorization to export to countries without a free trade agreement (FTA) with the United States, Commonwealth said Wednesday. billion cubic feet (Bcf) a year or 1.21 Bcf per day, to both FTA and non-FTA countries. The offtake agreements involve four million metric tons per annum (MMtpa).
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