Iraq Business News: Oil & Gas

JUNE 8, 2025

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. Source: Ministry of Oil) The post Iraq Expands Gas Projects to Curb Flaring first appeared on Iraq Business News. By John Lee.

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Enverus

APRIL 9, 2025

The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for natural gas, 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.

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Iraq Business News: Oil & Gas

JUNE 22, 2025

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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Iraq Business News: Oil & Gas

MARCH 26, 2025

Al-Sudani, oversaw the signing of a major agreement between the Iraqi Ministry of Oil and BP for the development and production of four key oil fields in Kirkuk. The signing ceremony on Wednesday was attended by Oil Minister Hayan Abdul Ghani and BP's Chief Executive Officer, Murray Auchincloss.

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Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. The company was originally part of the consortium that discovered oil in Kirkuk in the 1920s.

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Oil Gas Leads

JUNE 11, 2025

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 associated gas volumes continue to surge alongside crude output.

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Iraq Business News: Oil & Gas

MARCH 17, 2025

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 associated gas from Missan's oil fields. By John Lee.

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Iraq Business News: Oil & Gas

MAY 24, 2025

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. By John Lee.

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BOE Report

MAY 30, 2025

(TSXV: LGN) (“Logan“) is pleased to announce completion of construction and commissioning of its 40 mmcf/d Pouce Coupe 04-19 gas plant, compressor station and oil battery (the “Pouce Coupe Facility“) as well as associated gas gathering and sales pipelines in the area.

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Rigzone

JULY 10, 2025

for the sale of its Sylvan Lake gas plant and associated gas gathering infrastructure for total proceeds of approximately $4 million (CAD 5.5 The Sylvan Lake Gas Processing Facility is a non-core asset of Tidewater located in central Alberta, the company said in a news release. million), subject to customary adjustments.

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CG&A

JUNE 2, 2022

Warning This article and series is specifically targeted for anyone involved or interested in oil and gas reserves reporting guidelines, methods, issues, calculations and pitfalls. Thus, the requirements are like the downdip limit in order to estimate that the updip volume also contains oil, rather than an associated gas cap.

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RBN Energy

MARCH 18, 2025

Crude-oil-focused drilling and completion in the Permian Basin is generating fast-increasing volumes of associated gas and creating opportunities for midstream companies that provide wellhead-to-water services for natural gas and NGLs.

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Drillers

FEBRUARY 25, 2020

The beginning of the 20 th century in the United States was marked by what historians call the Texas oil boom. The gushers were oil wells where the oil and gas were under so much pressure; they sprang out when the well got drilled. We know how to handle gas and liquids under massive pressure.

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Permian Basin Oil and Gas Magazine

APRIL 29, 2025

In the Permian region, growth in production is primarily the result of associated gas produced during oil production. The post Permian Basin produced 22 percent of natural gas in U.S. in 2024 appeared first on Permian Basin Oil and Gas Magazine. Haynesville averaged 14.6

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Oil Gas Leads

APRIL 21, 2025

emerged as the top driller in Western Canada during Q1 2025, maintaining robust activity levels across its oil sands and conventional heavy oil assets. The company recorded 266 drilling operations in Q1 2025, marking a 9% increase from 244 in Q1 2024 Oil Gas Leads. Cenovus Energy Inc. billion to $5.0 billion in 2025.

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Iraq Business News: Oil & Gas

APRIL 21, 2025

Each of the new contracts has a three-year term under which Wood will support TotalEnergies to advance the Associated Gas Upstream Project (AGUP) , a key part of the GGIP project.

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Oil Review Middle East

APRIL 21, 2025

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 consortium implementing the project is composed of TotalEnergies (45%), QatarEnergy (25%) and Iraqs Basrah Oil Company (30%). GW of power generation capacity.

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Egypt Oil & Gas

MARCH 17, 2025

The project is expected to achieve a peak production of approximately 11,000 barrels of oil equivalent per day (boe/d) in 2026. The design concept of intelligent oil and gas fields were used in the two new projects. The post CNOOC Starts Production from Two Oilfields first appeared on Egypt Oil & Gas.

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Oil Gas Leads

APRIL 17, 2025

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. oil output , supported by larger, well-capitalized producers that are more resilient across commodity cycles. a year ago.

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Oil Gas Leads

MARCH 8, 2025

oil and gas production, and ONEOK Inc. Total Permian gas processing volumes are projected to reach ~1.6 As Permian associated gas production continues to rise , ONEOK is evaluating additional processing expansions. Higher associated gas production , boosting NGL and gas volumes. Bcf/d in 2025.

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Iraq Business News: Oil & Gas

JUNE 1, 2025

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] Mr Jiyad is an independent development consultant, scholar and Associate with the former Centre for Global Energy Studies (CGES) , London.

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Iraq Business News: Oil & Gas

APRIL 3, 2025

The natural gas produced in Khor Mor has also avoided 59 million tonnes of CO2 emissions to date by substituting oil and diesel with cleaner burning natural gas for power generation.

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Oil Gas Leads

MARCH 11, 2025

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. Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations.

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Iraq Business News: Oil & Gas

MARCH 18, 2025

Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Tawke production currently realises only around $35/bbl, which is well below relevant reference benchmark oil prices. EBITDAX1 1.1 EBITDAX1 1.1

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OilPrice

MARCH 31, 2025

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-associated gas fields, a senior source who works closely with the Ministry exclusively told OilPrice.com last week.

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Oil & Gas 360º

MAY 27, 2025

(Oil Price) –U.S. 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.

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Iraq Business News: Oil & Gas

APRIL 5, 2025

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-associated gas fields. The post Can Iraq's Gas Projects Survive Trump's Iran Crackdown? Click here to read the full report.

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Permian Basin Oil and Gas Magazine

MARCH 31, 2025

Not just any energy, but reliable and affordable oil and gas. oil and gas is going to destroy the earth. We know that we must continue to educate all that we encounter that American oil and gas is the most environmentally responsible oil and gas production in the world.

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