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Operations at Saudi Arabias Jafurah shale gas field the countrys largest unconventional non-oil associatedgas 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.
. (“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]
General Manager Sa'id Zgair Shalaka told the state-run Iraqi News Agency (INA) that the company has increased output from the Nasiriyah and Subba fields - both operated by national effort - with seven new wells added at Nasiriyah, raising production from 52,000 to 70,000 barrels per day (bpd).
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.
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 remain focused on cash flow and improving operating results,” Baine continued.
(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.
Muscat awarded Total the right to explore non-associatedgas prospects in the concession back in 2019 after carving it out of the massive Block 6 operated by state firm PDO (MEES, 12 April 2019). Total did not respond to questions from MEES about its future plans for the block.
We see good and bad news for Canadian gas producers trying to capitalize on increased oil sands production over the next four years, said Trevor Rix, a director at EIR and lead author of the new report. The good news is that prices for condensate produced by many operators alongside natural gas volumes will likely be quite robust.
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.
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.
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. Wood has supported the Ratawi field since 2023. "We
The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future exploration investment. BP subsequently expects to form a standalone incorporated joint venture to hold its interests in the operator.
The company recorded 266 drilling operations in Q1 2025, marking a 9% increase from 244 in Q1 2024 Oil Gas Leads. Operational Highlights Cenovus maintained a steady rig count of 19 in Q1 2025, demonstrating consistent operational capacity Oil Gas Leads. Cenovus Energy Inc.
Shaun Dewar, senior vice president of Operations, Middle East and Africa at Wood said: We have an extensive track record in brownfield facility modifications and are committed to delivering safe, quality and innovative outcomes for TotalEnergies. Wood has supported the Ratawi field since 2023. GW of power generation capacity.
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 natural gas variable speed pump , a major advancement under its digiPrime initiative. The company expects steady U.S.
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.
Operating loss (52.4) (10.3) Cash flow from operations 66.9 Basic LPS from continuing operations ( per share) (22.5) (6.1) The world-class field operating cost of only $4/bbl and consistent production delivery throughout 2024 are testament to the successful delivery performance of this asset. Production costs (17.6) (18.0)
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.
The Khor Mor plant operated by the companies provides the fuel for around 75% of the KRI's electricity generation, enabling affordable power for more than 6 million Iraqis in the KRI and other governorates of Iraq. billion, the operations have created more than 20,000 direct and indirect jobs in the region.
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.
These costs can be limited if the source of the carbon dioxide is close to the reservoir where it will get injected and some sources are indeed close to the fields, mostly gas processing plants that release CO2 as part of their operation.
Firms have announced in recent months new pipeline projects, but many others have preferred to buy operating assets in deals with competitors or with private equity companies to expand their pipeline infrastructure. But there is a feeling that upstream operators in the Haynesville basin are putting their foot back on the gas, Slater noted.
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