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The Top 5 Things Chevron Will Focus On for the Remainder of 2025

Oil Gas Leads

Boosting Permian Basin Efficiency, Not Headcount Chevron is doubling down on capital efficiency in the Permian Basin. Even with Q1 2025 rig activity down 24% year-over-year, production rose 12%—thanks to techniques like triple-frac completions , longer laterals, and automation.

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LNG Canada Begins Production – A Game-Changer for Western Canadian Gas

Oil Gas Leads

coast and expected online between 2027 and 2028 , potentially doubling Canadian LNG export capacity by the end of the decade. Operational hiccups: Startup is not at full capacity due to line issues, but the commissioning timeline remains intact. What’s Next? Bottom Line: This is a pivotal moment for Canada’s natural gas sector.

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Tallgrass announces anchor shipper agreement for new pipeline from Permian

Permian Basin Oil and Gas Magazine

Denver-based Tallgrass said last week it completed anchor shipper agreements for a new pipeline that will transport natural gas from multiple points in the Permian Basin to the Rockies Express pipeline and other points of delivery. Target in-service date is late 2028. Pipeline capacity is designed for up to 2.4

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Intensity Infrastructure, Rainbow Energy to Build New Gas Pipeline in ND

Rigzone

“The pipeline will provide expanded takeaway capacity for associated natural gas produced in the Williston Basin”, a joint statement said. Phase 1 is targeted to go online November 2028 while phase 2 would become operational a year later. The other, by WBI Energy of MDU Resources Group Inc., billion cubic feet.

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. oil and gas production, and ONEOK Inc. Bcf/d in 2025.

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Prairie Operating Co. secures strong cash flow with strategic hedging program ahead of market downturn

Oil & Gas 360º

The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. MMBtu Henry Hub 20261Q 2028 Production: $64.29/bbl Key Hedging Terms: Remaining 2025 Production: $68.27/bbl bbl WTI and $4.28/MMBtu bbl WTI and $4.09/MMBtu Prairie Operating Co.

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100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down

Enverus

Key takeaways from the report: EIR estimates that non-upgraded Canadian oil sands production will rise by around 100 Mbbl/d annually until 2028. This will result in substantial demand growth for in-basin condensate volumes because of increased need for diluent.