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The primary objective of the CM-1 workover is to restore oil and associatedgas production from the Mt. Messenger sands and to remove flow restriction from sand production identified during prior operations.
. (“Tidewater” or the “Corporation”) (TSX: TWM) is pleased to announce that it has entered into a definitive agreement with Parallax Energy Operating Inc. (“Parallax”) for the sale of its Sylvan Lake gas plant and associatedgas gathering infrastructure (collectively, the “Sylvan Lake [Read more]
Regarding associatedgas, Shalaka confirmed the completion of the first phase of a gas investment project at Garraf, with a current capacity of 37 million standard cubic feet per day (mmscfd), toward a total planned capacity of 140 mmscfd.
Speaking at the LPG Forum organised by the BGC, Izzat Saber Ismail, Deputy Oil Minister for Gas Affairs, said that this effort is part of the Ministry's gas sector development strategy, which aligns with government programmes and directives from Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani.
As Montney E&Ps pivot towards condensate-directed drilling, they will likely produce large quantities of associatedgas. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices. Figure 2: Canadian bitumen, condensate and associatedgas growth projections through 2030.
Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C. EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. energy producers, and more than 40,000 suppliers. Learn more at Enverus.com.
said it has entered into a definitive agreement with Parallax Energy Operating Inc. for the sale of its Sylvan Lake gas plant and associatedgas gathering infrastructure for total proceeds of approximately $4 million (CAD 5.5 We’d love to hear from you, join the conversation on the Rigzone Energy Network.
The agreement includes a comprehensive rehabilitation plan aimed at increasing crude oil production to 420,000 barrels per day and utilizing associatedgas through the North Gas Company (NGC) to produce 400 million standard cubic feet per day.
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.
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.
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.
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.
Genel Energy has announced its audited results for the year ended 31 December 2024. In partnership with DNO, Genel continues to be part of the first AssociatedGas Injection (AGI) project in the Kurdistan Region of Iraq ('KRI'). Production costs (17.6) (18.0) EBITDAX1 1.1 Operating loss (52.4) (10.3) Capital expenditure 25.7
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.
Each of the new contracts has a three-year term under which Wood will support TotalEnergies to advance the AssociatedGas Upstream Project (AGUP) , a key part of the GGIP project.
The aim is to debottleneck and upgrade existing facilities to increase energy production capacity to 120,000 barrels of oil per day on completion of the first phase. The GGIP includes a large-scale gas processing plant, with a first phase of 300 Mcf/d that will recover gas being flared on three oil fields and supply gas to 1.5
The Iraqi Ministry of Oil has presented a strategic roadmap to reduce carbon emissions in the oil sector, structured around three core pillars: reducing flared gas, utilising gas and cutting methane emissions, and electrifying oil production operations to lower the carbon footprint. The event opened on Wednesday and ran for two days.
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. Permian accounted for 22 percent of marketed natural gas production in U.S. Bcfd) to 25.4
CNOOC Limited is committed to building intelligent offshore oil and gas fields and developing oil and gas resources in a green and low-carbon manner, so that it could provide the society with clean, reliable, and stable energy supplies. The design concept of intelligent oil and gas fields were used in the two new projects.
This move supports the companys growing gas gathering and processing footprint. Total Permian gas processing volumes are projected to reach ~1.6 As Permian associatedgas production continues to rise , ONEOK is evaluating additional processing expansions. Higher associatedgas production , boosting NGL and gas volumes.
This work will further enhance the energy sector and economy of the Kurdistan Region and all of Iraq." Richard Hall, CEO of Dana Gas, added: "The KM-250 completion which we are now confident of accelerating to take place in Q1 2026 will transform our business, enabling the next major phase of expansion.
Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. ” The increase in natural gas liquids (NGLs) and associatedgas production is driving demand for more processing plants, fractionation capacity, and export infrastructure.
Mr Jiyad is an independent development consultant, scholar and Associate with the former Centre for Global Energy Studies (CGES) , London. The event lasted more than two hours and was attended by relatively good number of interested individuals, mostly oil and economic professionals among others. [4]
After a series of internal meetings at Iraqs Oil Ministry over the past two weeks, talks with several international energy companies have begun with the aim of finally kickstarting developments on the countrys key non-associatedgas fields, a senior source who works closely with the Ministry exclusively told OilPrice.com last week.
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.
Can Iraq's Gas Projects Survive Trump's Iran Crackdown? With US waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associatedgas fields. The post Can Iraq's Gas Projects Survive Trump's Iran Crackdown? Click here to read the full report.
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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