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In recent years, the basin’s output has been rangebound between 34 and 36 Bcf/d and Appalachian producers see only modest gains in 2025. But a handful of pipeline projects and rising gas demand from power generators suggest the Marcellus/Utica may finally be on the verge of a production breakout.
s Westcoast natural gas pipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline. billion.
producers and pipeline operators to revisit plans for new infrastructure in Appalachia—the country’s most productive gas region. During the winter of 2024–2025, heating a home with oil cost roughly twice as much as with natural gas. High-Interest Expansions Millennium Pipeline plans an expansion to add up to 0.5 million U.S.
According to EIR, the high volatility in natural gas prices expected at East Texas hubs served by Haynesville production is driven by timing mismatches related to gas supply, pipeline development and LNG export demand. Over the next decade, the Haynesville is anticipated to experience underutilized pipeline capacity, according to EIR reports.
(Oil Price) –Canadas pipeline giant Enbridge Inc. reported on Friday record quarterly earnings for the first quarter of the year as it moved a record-high volume of liquids on its huge Mainline pipeline system in North America. The EPS beat the analyst consensus estimate of US$0.69 (C$0.96) for the first quarter of 2025.
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.
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. Bcf/d in North Dakota, pipeline capacity constraints persist, risking elevated flaring unless takeaway capacity expands.
In May 2025, Swedish private equity firm EQT AB (STO: EQT) entered into a definitive agreement to acquire a 54.1% This innovative system upgrades methane emitted from landfills into pipeline-quality biomethane, which can be injected directly into the gas grid. Bcf/d beginning in 2027. terawatt-hours (TWh) annually.
ArcLight Capital Partners has finalized the acquisition of a 25% equity interest in the Natural Gas Pipeline Company of America (NGPL) from Brookfield Infrastructure, bringing ArcLight’s total ownership in the system to 62.5%. Its infrastructure includes 1 million horsepower of compression capacity and 288 billion cubic feet (Bcf) of storage.
June 23, 2025 – Kitimat, BC LNG Canada, the landmark export facility led by Shell in partnership with Petronas, PetroChina, Mitsubishi, and Kogas, has announced its first liquefied natural gas (LNG) production from Train 1 (5.6 export pipelines. mtpa) at its terminal in Kitimat, British Columbia. averaging 8.6 export congestion.
On May 1, 2025 , the Railroad Commission of Texas (RRC) issued a significant new permit to WWM Operating, LLC , authorizing operations for the Traverse Pipeline a major gas transmission project set to enhance energy transport capacity across multiple South Texas counties.
They also pay dividends Published Wed, Jul 9 2025 3:02 PM EDT Updated 2 Hours Ago Darla Mercado, CFP® @darla_mercado WATCH LIVE One corner of the energy market is poised to gain as data centers drive demand for natural gas-fueled power, according to TD Cowen – and a few of those providers pay attractive dividends, too. the analyst said.
April 21, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. on April 21, 2025, with Brent at $66.81 Bcf/day, while consumption dropped to 103 Bcf/day due to warmer weather reducing residential and power demand. Oil prices dip amid U.S.-Iran Read more U.S.
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. Developer : Energy Transfer LP via its affiliate Hugh Brinson Pipeline LLC. Site is on the left.
DT Midstream (NYSE: DTM) reported strong Q1 2025 results, highlighting not only solid financial performance but also a clear long-term growth strategy anchored in the rising global demand for liquefied natural gas (LNG). Bcf/d , bringing the LEAP system total to 2.1 Bcf/d , bringing the LEAP system total to 2.1 With the U.S.
equity stake in the Matterhorn Express Pipeline for approximately $375 million. The transaction, expected to close in the second quarter, follows the pipelines recent startup and rapid ramp-up of operations in the Permian Basin. WhiteWater will retain operational control of the pipeline. Bcf/d Cash from operations: $1.94
Kinder Morgan has unveiled plans to construct the Trident Intrastate Pipeline, a $1.7 The pipeline will have a capacity of 1.5 Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project. July 2024 : WhiteWater Midstream announced the Blackcomb Pipeline, a 2.5
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.
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Weve seen 10 Bcf of growth over the last four or five years out of the Permian. Bcf/d from Waha, TX, to Maypearl, TX.
West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Bcf/d in 2025.
The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Beginning operations in early October, the pipeline can transport up to 2.5 Bcf/d of natural gas.
Leading companies are aggressively expanding and integrating their gathering, processing, pipeline, and export infrastructure. Companies are taking full control of the supply chain from gathering and processing to pipeline transportation and export terminals to streamline operations and capture higher margins. ” Marshal 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
Bcf/d by the end of 2025, midstream operators are aggressively expanding infrastructure to capture this growing supply. Key investments include new gas plants, processing capacity expansions, and pipeline projects aimed at enhancing transportation efficiency. With expected crude oil output increasing to 6.6
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. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 Bcf/d of takeaway capacity.
Kinder Morgan is a natural gas pipeline that purchases, sells, and transports gas. billion cubic feet of production on February 4, 2021 (“Bcf”) to 65.4 BCF on February 17, 2021. May 5, 2025), ECF No. The $100 Million Question: What Really Happened During Uri? Koch Energy Services, LLC , No.
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
It was another exciting and successful year for Energy Transfer and Sunoco, with everything from impactful acquisitions and a major pipeline deal to sports sponsorships and record-breaking donations. Bcf/d, and two additional processing plants that are under construction. Here’s to a great year and continued success in 2025!
The companies have focused on a 200-acre site near Penwell in Ector County, Texas, near fiber optic networks, natural gas pipelines, and CO infrastructure, which was recently put under contract for acquisition.The location enables access to existing CCUS systems for enhanced oil recovery, aligning with net-zero goals.
LNG exports are projected to grow by over 2 Bcf/d in both 2025 and 2026. natural gas demand alone is estimated to grow by over a billion MMBtu in 2025. What we know about the natural gas equation is that domestic natural gas demand is growing again, largely in line with data center buildouts and increasing LNG exports.
June 2, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Total stocks reached 2,476 Bcf, 11.3% Bcf/day and demand dipped to 97.3 The post Valor | Energy Connection June 2, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management.
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