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Houston-based Northwind Midstream Partners said recently it received approval from New Mexico Oil Conservation Commission for an additional acid gas injection (AGI) and carbon sequestration well at its Titan treating complex in Lea County, N.M. Northwind said it will further expand total treating capacity to 400 million cfd by 2026.
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. Gas Forecast One of the most significant adjustments in the June forecast was a 700 MMcf/d reduction in the EIA’s 2026 U.S.
Ya el plan se encuentra en su etapa final y deber ser implementado en el 2026. El mandatario acot que: Tambin genera algo positivo al pas, al dejar de importar tanto combustible fsil y esto ayuda con ms dinero en el campo y la industria ojal arranquemos esto.
Vaquero Permian Gathering LLC—under the larger Vaquero Midstream banner—is strengthening its Pipeline Addition (PA) footprint with a significant 76 miles of new high-pressure loop pipe, fully detailed in Permit #09432. The post Vaquero Midstream’s 76 Miles Powerhouse Pipeline Expansion appeared first on Oil Gas Leads.
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). LNG export market expanding rapidly , DT Midstream is in a prime position to capitalize. With the U.S.
Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.
Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations. Elliott wants Phillips 66 to sell off or split the midstream business and focus only on refining. (Oil Price) –U.S. Elliott, which has an investment worth more than $2.5
He also served as CFO of Altus Midstream. The post Permian People June 2026 appeared first on Permian Basin Oil and Gas Magazine. He will oversee all financial activities and departments, including accounting, audit, investor relations, planning, tax and treasury.
Houston-based Northwind Midstream Partners said last week it has constructed and placed into service 150 million cfd of high-circulation amine capacity, two acid-gas disposal and carbon sequestration wells, more than 200 miles of large-diameter pipelines, and 41,750 horsepower of compression at five compressor stations.
With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. ” The Pion Midstream acquisition in 2024 reinforced Enterprises position in sour gas processing. The Permian Basin continues to solidify its role as the driving force behind U.S.
In general, this strength has been led by more defensive pockets of the sector (large cap producers, majors, midstream) and natural gas. Henry Hub, 17% below the 12-month strip and -25% vs 2026 MS forecast of ~$5, Morgan Stanley said. Within Exploration & Production, 4Q results brought divergent performance across the group.
HIGHLIGHTS Targeting $1 billion in annual pre-tax free cash flow improvements Business optimization plan underway to improve margins and capital efficiency Plan includes improvements to base production performance, midstream commercial terms and corporate costs Expected to be completed by the end of 2026, with 30 percent achieved by year-end 2025 OKLAHOMA (..)
“Argentina LNG is a large-scale integrated, upstream and midstream gas development project designed to develop the resources of the onshore ‘Vaca Muerta’ field and serve international markets”, Eni added. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
The layoffs, scheduled to take effect on July 15, 2025 , are part of a broader plan to reduce the companys global workforce by up to 20% by the end of 2026. Follows a prior notice of 600 layoffs in California , effective June 1, 2025.
Gasoducto Energa Costa Azul LNG Ubicacin: Ensenada Inversin: 3,000 mmdd Longitud: 218 km Inicio de operaciones: Primer semestre de 2026 Incluye inversin social por 500 millones de pesos Parque Elico Cimarrn Ubicacin: Tecate Inversin: 550 mmdd Generacin: Energa para 170,000 hogares Reduccin anual de emisiones: Equivalente a 120,000 autos de (..)
Se prev que alcance su capacidad total en 2026. Pemex reafirm su estrategia de priorizar la refinacin local sobre la exportacin de crudo pesado a las refineras estadounidenses, una poltica iniciada durante el gobierno de Andrs Manuel Lpez Obrador y continuada por la presidenta Claudia Sheinbaum.
DT Midstream (NYSE: DTM) is charging into the future with a bold, self-funded investment plan designed to meet surging demand from LNG exports, natural gas-fired power plants, and even data centers. Oil & Gas Directory Midstream Engineers Contact List The post DT Midstreams $2.3
Chevron prev, durante los prximos dos aos, aumentar su flujo de caja libre hasta en 10 mil millones de dlares, incluyendo un crecimiento del 10% en la Cuenca Prmica, mientras que se proyecta que el crecimiento en la cuenca del Golfo de Mxico aumente de 200 mil a 300 mil barriles diarios para finales de 2026.
Dallas-based Vaquero Midstream, natural gas gathering and processing midstream company operating in the Delaware Basin, said last week it will expand its existing gathering system in west Texas. Its expected to be in service by March 2026.
During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand. Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. energy production.
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. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.
April 22, 2025 In a strategic move to reinforce financial resilience and enhance shareholder returns, Devon Energy has unveiled a comprehensive business optimization plan targeting $1 billion in annual pre-tax free cash flow improvements by the end of 2026.
miles Valid Through: July 31, 2026 Counties Covered: Calhoun, Jackson, Nueces, Refugio, San Patricio, Victoria, Wharton Who Is Traverse Pipeline, LLC? The project is a joint venture under the Blackcomb Pipeline JV , backed by: WhiteWater Midstream / Enbridge / MPLX LP (70%) Targa Resources Corp.
Midstream CapEx: $48.7M billion to fund its Haynesville development plan and midstream infrastructure build-out. Total Capital Expenditures and Investment Strategy Comstock invested $308.5 million in Q1 2025: Exploration & Development CapEx: $249.8M Drilling Program Revs Up Wells drilled in Q1: 7 operated (6.9 G&T: $0.37
Aunque inicialmente se haba estimado que iniciara operaciones en diciembre de 2026, Ludlow aclar que el proyecto avanza por etapas, y su conclusin total ser en 2027. Este ducto es vital para suministrar gas a las centrales Mrida IV y Riviera Maya de la Comisin Federal de Electricidad (CFE), empresa dirigida por Emilia Calleja.
Valero continues to evaluate strategic alternatives for its remaining operations in California. We understand the impact that this may have on our employees, business partners, and community, and will continue to work with them through this period, said Lane Riggs, Chairman, CEO and President of Valero.
Create new opportunities for midstream and logistics services , as well as marine infrastructure providers. A final investment decision on this expansion is expected in 2026. Massive Economic and Market Impacts The opening of LNG Canada is expected to: Generate $3.3 Help Canada diversify its natural gas markets beyond the U.S.
Our resilient portfolio, strong balance sheet, and consistent focus on capital and cost discipline position us to deliver industry-leading free cash flow growth by 2026. Asset Pruning : East Texas gas assets and midstream facilities were sold, streamlining the portfolio.
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. This growth is underpinned by significant capital investments, with a planned expenditure of $4.6 billion to $5.0 billion in 2025.
Destacan los proyectos de GNL en Puerto Libertad, Sonora, as como Energa Costa Azul, en Ensenada, Baja California, prevista para entrar en operaciones en la primavera de 2026 con una inversin estimada de 2 mil millones de dlares. Ambas inversiones permitirn exportar GNL norteamericano para atender la demanda de los mercados asiticos.
by year-end 2026. Improved Financial Strength : The merger enhances the credit profile, with a projected leverage ratio of 0.9x Net Debt to Funds Flow upon closing, improving to 0.8x Enhanced Shareholder Returns : Whitecaps annual dividend of $0.73 per share will continue, representing a 67% increase for Veren shareholders.
The recent launch of the Matterhorn Express Pipeline, developed by a joint venture led by WhiteWater Midstream, offers some relief. This surge in output has frequently led to capacity constraints, with operators facing choices like flaring gas, paying to dispose of it during negative pricing events, or cutting crude production.
July 2024 : WhiteWater Midstream announced the Blackcomb Pipeline, a 2.5 It is scheduled for completion in late 2026. October 2024 : Kinder Morgan finalized plans for the Gulf Coast Express expansion to enhance natural gas distribution across the southern U.S. Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub.
midstream companies are hesitant to commit to new pipeline builds amid market volatility and tariff uncertainty. midstream operators are more cautious about plans for the future despite the friendliest regulatory environment they have had for five years, or ever. billion in total is expected to be in service by the end of 2026.
Qatar will lead the regions expansion, accounting for over 65% of capacity additions with its North Field East, North Field South, and North Field West projects, adding 32 mtpa by 2026. Irans Bushehr terminal is also a significant contributor, expected to start operations this year and expand capacity to 10.8 mtpa by 2030.
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