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Where the Pipe Runs: Counties & Context This new loop stretches across Loving, Pecos, Reeves, Ward, and Winkler Counties —the beating heart of West Texas’s oil and gas production corridor. These areas are cornerstones of the Delaware Basin, where associatedgas volumes continue to surge alongside crude output.
marketed natural gas production remained relatively flat in 2024, according to U.S. Energy Information Administration, and grew by less than 0.4 Production averaged 113 Bcfd, according to EIAs latest Natural Gas Monthly. The post Permian Basin produced 22 percent of natural gas in U.S. Haynesville averaged 14.6
This will result in substantial demand growth for in-basin condensate volumes because of increased need for diluent. Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C. Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C.
The Permian Basin continues to be a driving force behind U.S. oil and gas production, and ONEOK Inc. 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. Bcf/d in 2025.
Collaboration between NOCs and IOCs have been at the forefront of this gas drive, leading to the emergence of new LNG exporters. In Angola, which has been an LNG producer since 2013, the NOC Sonangol is working with its New Gas Consortium partners Azule Energy, Cabinda Gulf Oil Company and TotalEnergies to increase LNG production capacity.
Lets look at some of the key highlights: Anticipate a rise in oil production within the Western Canada Sedimentary Basin (WCSB). Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices.
Cenovus Energy Inc. The company recorded 266 drilling operations in Q1 2025, marking a 9% increase from 244 in Q1 2024 Oil Gas Leads. 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.
Crude-oil-focused drilling and completion in the Permian Basin is generating fast-increasing volumes of associatedgas and creating opportunities for midstream companies that provide wellhead-to-water services for natural gas and NGLs.
April 17, 2025 Liberty Energy Inc. shale fracking companies, reported its lowest earnings in three years , underscoring the pressure that lower oil prices and geopolitical uncertainty are placing on the North American energy sector. NYSE: LBRT), one of the largest U.S. Adjusted earnings fell to just $0.04 a year ago.
Wenchang 19-1 Oilfield Phase II Project is located in the western part of the Pearl River Mouth Basin, with an average water depth of approximately 125 meters. The design concept of intelligent oil and gas fields were used in the two new projects. It has 13 development wells are planned to be put into production.
The Permian Basin continues to solidify its role as the driving force behind U.S. oil and gas production. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Expansion of sour gas treating facilities in the Delaware Basin.
Some companies are announcing new projects, especially those bringing natural gas to power data centers, but the industry is generally in a wait-and-see mode regarding greenfield projects despite the Trump Administrations regulatory push to accelerate energy infrastructure expansion. shale basins.
Jeff Sparks, PBPA Chairman of the Board Isnt it great to have a President who understands the importance of abundant, reliable, and affordable energy!!! And it’s great to have a federal administration that finally recognizes that energy dominance is United States security! oil and gas is going to destroy the earth.
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