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Buru Tweaks Timeline for Australia's Rafael Gas Project

Rigzone

has adjusted the timeline for the development of the Rafael natural gas project in Western Australia’s Canning Basin but still aims for a startup late 2027. The Rafael gas and condensate field is in Exploration Permit 428, about 150 kilometers (93.21 MMstb of condensate, according to Buru.

Gas
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ExxonMobil Transfers Operatorship of Bass Strait Assets to Woodside

Rigzone

The GBJV and KUJV assets have a daily production capacity of 700 terajoules of gas, nearly 1,800 metric tons of liquefied petroleum gas, over 200 metric tons of ethane and about 2,200 metric tons of condensate, according to information on Woodside’s website.

Gas
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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets. We expect existing oil pipelines to be filled by 2027. Existing capacity on TMX and Canadian Mainline expected to fill by 2027. However, this increased demand for condensate will also have implications for AECO hub gas pricing.

Oil
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BP Enters Into Series of Azerbaijan Deals

Rigzone

“This is expected to accelerate evaluation of development opportunities for the block, on which a first well drilled in 2021 encountered gas condensate resources,” BP noted.

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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

Using currency swaps, Saturn locked-in the FX rate on the principal and interest payments of our US denominated Senior Notes through mid-2027 at $1.3394 CAD to $1.00 USD ($0.7466 USD to $1.00 GJ to $3.35/GJ. This news release uses the term capital expenditures which is a non-GAAP financial measures.

Gas