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mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026. In Angola, which has been an LNG producer since 2013, the NOC Sonangol is working with its New Gas Consortium partners Azule Energy, Cabinda Gulf Oil Company and TotalEnergies to increase LNG production capacity.
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.
The project is expected to achieve a peak production of approximately 11,000 barrels of oil equivalent per day (boe/d) in 2026. It has 25 development wells are planned to be put into production, including 22 production wells and three water injection wells. It has 13 development wells are planned to be put into production.
Key projects include the Narrows Lake tie-back, expected to achieve first oil by mid-2025, and the Foster Creek optimization project, which is progressing towards its 2026 startup Cenovus Energy. Well Substance Focus Cenovus’s drilling activities continue to target a mix of oil and gas resources.
Khor Mor field development The companies announced that daily production from Khor Mor in early March reached 525 MMscfd of natural gas, a growth of 75% since 2017, in addition to 15,200 b/d of condensate, and 1,070 t/d of LPG. This work will further enhance the energy sector and economy of the Kurdistan Region and all of Iraq."
Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. ” The increase in natural gas liquids (NGLs) and associatedgas production is driving demand for more processing plants, fractionation capacity, and export infrastructure.
So far this year, indications are that oil and gas producers are scaling back drilling activity with prices at or below breakevens for putting in line a new well. Slow growth in Permian oil output would also mean a smaller increase in associatedgas production and the need to take these volumes to markets.
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