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Dallas-based Producers Midstream II announced plans Monday for its Palo Duro pipeline from Nolan County north to Wheeler County to connect with multiple interstate pipelines. Palo Duro will be a 275-mile, high-pressure naturalgas pipeline connecting downstream pipelines while providing takeaway from the Permian Basin.
TIPRO’s new workforce data indicated strong job postings for the Texas oil and naturalgas industry, although May data showed a decline in overall unique postings compared to the previous month. The leading three cities by total unique oil and naturalgas job postings were Houston (2,064), Midland (546) and Odessa (398), said TIPRO.
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: naturalgas 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. dry gas production outlook. dry naturalgas production grows by less than 3 Bcf/d,” the EIA stated. “We
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.
announced a definitive agreement to acquire substantially all of Plains All American Pipeline’s Canadian naturalgas liquids (NGL) business, along with select U.S. Keyera Corp. assets, for a total cash consideration of C$5.15 billion (US$3.76 About Keyera Corp. Keyera Corp.
In general, this strength has been led by more defensive pockets of the sector (large cap producers, majors, midstream) and naturalgas. Intrinsically, we estimate oil E&Ps reflect ~$60 long-run WTI, ~10% below the 12-month strip while gas stocks are pricing in ~$3.75
Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of naturalgas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
Devon Energy (NYSE: DVN) has made bold moves this year—balancing capital discipline with growth, boosting drilling efficiency, and unlocking new naturalgas revenue streams. Goal: $1B in annual pre-tax FCF uplift by 2026. NaturalGas Power Play With U.S.
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 naturalgas (LNG). LNG export market expanding rapidly , DT Midstream is in a prime position to capitalize. With the U.S.
naturalgas exports as critical to long-term energy security. positions itself as the top global LNG exporter by 2026, Chevron’s investments signal long-term bullishness on LNG. Powering AI Data Centers with NaturalGas Chevron is teaming up with GE Vernova and Engine No. The company sees U.S.
oil and gas production. With rising naturalgas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Jim Teague, Co-CEO: “Rich naturalgas production, just sticking to the Permian, continues to exceed our expectations. .”
liquefied naturalgas (LNG) exports by signing a new 20-year Sale and Purchase Agreement (SPA) with Energy Transfer (NYSE:ET). Broader NaturalGas Market Implication The U.S. is poised to become the world’s top LNG exporter by 2026. Chevron Corporation (NYSE:CVX) has deepened its long-term commitment to U.S.
After years of planning, political negotiation, and construction, the LNG Canada export terminal in Kitimat is nearly operational and it could mark a turning point for Canadas naturalgas industry. billion in provincial naturalgas royalties over the next three years (up from just $600 million last year). Kitimat, B.C.
He also served as CFO of Altus Midstream. Larrys deep understanding of Williams operations and naturalgas focused strategy make him the ideal candidate for our next COO, said Williams President and CEOAlan Armstrong. The post Permian People June 2026 appeared first on Permian Basin Oil and Gas Magazine.
DT Midstream (NYSE: DTM) is charging into the future with a bold, self-funded investment plan designed to meet surging demand from LNG exports, naturalgas-fired power plants, and even data centers. Oil & Gas Directory Midstream Engineers Contact List The post DT Midstreams $2.3
billion project spanning 216 miles, designed to enhance naturalgas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. For several quarters, weve highlighted significant new naturalgas demand in these areas, said CEO Kim Dang in the companys Q4 2024 earnings release.
Dallas-based Vaquero Midstream, naturalgas 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.
With improving naturalgas prices and a reinforced drilling program, the company is clearly positioning itself as a cost-efficient, technologically adept player in one of North America’s premier gas basins. Production Holds Steady Naturalgas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1
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.
The rapid growth of naturalgas 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. Bcf/d of naturalgas from the Permian to Katy, Texas. Bcf/d of naturalgas.
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.
The global competition for Liquefied NaturalGas (LNG) markets is becoming increasingly intense, especially as several large-scale LNG projects are proposed on the U.S. Oil & Gas Company Directories Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. Gulf and East Coasts. While the U.S.
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