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Negative Prices, Rising Flaring Signal Pipeline Gridlock in Permian

OilPrice

Previously, we reported that natural gas at the Waha hub was selling for near-zero or sub-zero prices for much of 2024 thanks in large part to excess natural gas production in the Permian Basin coupled with limited takeaway capacity due to a shortage of gas pipelines. Consequently, Permian gas

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U.S. Gas Prices Ease On Record Output

OilPrice

natural gas futures eased to a two-week low on Monday amid record output, negative spot prices at the Waha Hub and forecasts for mild weather. Natural gas at the Waha hub--a regional pricing hub for gas in the Permian Basin in West Texas--sold for near-zero or sub-zero prices for much of 2024, a trend that has continued in the current year.

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Aramco's Flagship Jafurah Gas Project is Not A Gamechanger for Saudi Arabia

OilPrice

Operations at Saudi Arabias Jafurah shale gas field the countrys largest unconventional non-oil associated gas site and arguably one of the biggest outside the U.S. will begin this year, according to a comment last week from Saudi Aramcos president and chief executive officer, Amin Nasser.

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Adnoc Gas Awards $5bn Contracts

Mees

Adnoc Gas has awarded contracts for the $5bn first phase of its 1.5bn cfd Rich Gas Development project. The project will handle associated gas from Adnoc’s crude expansion projects and puts the UAE a step closer to gas self-sufficiency by 2030.

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Iraq Expands Gas Projects to Curb Flaring

Iraq Business News: Oil & Gas

As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025. By John Lee.

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Monumental Energy provides update on the Copper Moki-1 oil and gas well in New Zealand

Oilfield Technology

The primary objective of the CM-1 workover is to restore oil and associated gas production from the Mt. Messenger sands and to remove flow restriction from sand production identified during prior operations.

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Basra Gas Company to Boost LPG Output

Iraq Business News: Oil & Gas

The Ministry of Oil plans to increase the production of liquefied petroleum gas (LPG) at the Basra Gas Company (BGC) to more than 8,000 tonnes per day in the coming years. The Ministry has increased associated gas investment to over 70 percent, up from 53 percent in the first year of the current government.

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