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Waha prices expected to go negative (again)

Enverus

Natural gas producers in the Permian Basin should once again brace for lower prices at Waha as production looks to outpace the pipeline capacity needed to transport gas to both domestic and international markets, including liquefied natural gas shipments, said Jason Feit, lead author of a new report from EIR.

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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

Insights on WCSB Oil Production Pipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. Lets look at some of the key highlights: Anticipate a rise in oil production within the Western Canada Sedimentary Basin (WCSB).

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The Canadian oil sands’ low-breakeven resource advantage

Enverus

We expect WCSB oil production will fill existing pipeline capacity by 2027. Key takeaways from the report: Canada is anticipated to grow oil production by ~600 Mbbl/d by 2030 with oil sands expansion projects making up two-third of this volume. Almost all of this growth will be driven by brownfield expansions of existing SAGD projects.

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Policy versus geology: new report reveals £165bn choice facing North Sea future

Offshore Energies UK

The UK’s offshore basin is naturally declining – with over 280 active oil and gas fields today, but around 180 expected to cease production by 2030. This is normal in a mature basin. But to avoid a steep drop in domestic supply, the UK needs a steady flow of new developments to replace what is running out.

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Permian Basin Gas Production Pushes Limits – Infrastructure Expansion Needed

Rextag

The rapid growth of natural gas 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. Beginning operations in early October, the pipeline can transport up to 2.5 Bcf/d of natural gas.

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

The drop follows a surge in 2024 driven by the Trans Mountain pipeline expansion, which added 600,000 bpd of export capacity and sparked record lease demand. million bpd by 2030, with more volumes flowing through Trans Mountain. Now, lower prices and increased global supply are curbing interest in new drilling rights.

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BP Expands U.S. Natural Gas Production Amid Rising Prices and LNG Growth

Oil Gas Leads

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. Haynesville Basin: The Right Time to Ramp Up The Haynesville Basin, located in eastern Texas and northwestern Louisiana, has long been a critical natural gas-producing region. million boepd by 2030. million and 2.5