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The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for naturalgas, from what is expected to be exceptional levels of condensate-directed Montney drilling in the coming years. Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C.
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 naturalgas and NGLs.
oil and gas production. With rising naturalgas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Jim Teague, Co-CEO: “Rich naturalgas production, just sticking to the Permian, continues to exceed our expectations. .”
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.
Operational and Strategic Updates Liberty is leaning on its technology leadership and integrated model to weather current headwinds: The company successfully tested the industrys first naturalgas variable speed pump , a major advancement under its digiPrime initiative. The company expects steady U.S.
midstream companies are hesitant to commit to new pipeline builds amid market volatility and tariff uncertainty. midstream operators are more cautious about plans for the future despite the friendliest regulatory environment they have had for five years, or ever. DT Midstream, which late last year announced a $1.2-billion
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