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Vaquero Permian Gathering LLC—under the larger Vaquero Midstream banner—is strengthening its Pipeline Addition (PA) footprint with a significant 76 miles of new high-pressure loop pipe, fully detailed in Permit #09432. These areas are cornerstones of the Delaware Basin, where associatedgas volumes continue to surge alongside crude output.
The Bazargan Oil Complex has announced the establishment of a gas compression unit with a processing capacity of up to 70 million standard cubic feet per day (MMscf), as part of efforts to fully utilize associatedgas from Missan's oil fields. Once all projects are complete, Missan's associatedgas will be fully utilized.
At offshore fields, water is abundantly available and at onshore fields drillers often use the water that comes out of the well along with the oil instead of disposing of it. Gas injection, however, is a cost-effective solution to the gas flaring problem many oil drillers have on their hands.
Genel has a strong balance sheet and our producing fields within the Tawke PSC form a world-class asset that delivers significant cash generation even when selling at heavily discounted domestic prices because of the suspension of exports. We have worked hard with DNO to ensure spend and delivery performance are optimised.
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