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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

The ability to transport more oil efficiently will not only support higher production levels but also stabilize prices, benefiting producers and the broader economy. As Montney E&Ps pivot towards condensate-directed drilling, they will likely produce large quantities of associated gas.

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100 Mbbl/d increase in Canadian oil sands sends condensate demand up, AECO gas prices down

Enverus

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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Bazargan Oil Complex Expands Gas Processing Capacity

Iraq Business News: Oil & Gas

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. Once all projects are complete, Missan's associated gas will be fully utilized.

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

ONEOK expects higher ethane recovery rates , further increasing the volumes transported. 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. Bcf/d in 2025.

Basin 52
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Permian Growth and Midstream Investment: Enterprise Products Partners’ Expansion Strategy

Oil Gas Leads

Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. ” The increase in natural gas liquids (NGLs) and associated gas production is driving demand for more processing plants, fractionation capacity, and export infrastructure.

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A Guide to Enhanced Oil Recovery (EOR)

Drillers

The use of carbon dioxide has been hailed as a productive way to utilise greenhouse gas instead of letting it into the atmosphere. However, there is a cost issue to consider, and it is a significant issue, including capture and transportation costs.

Oil 52
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Trump wants pipelines, but Midstream firms aren’t biting

Oil & Gas 360º

So far this year, indications are that oil and gas producers are scaling back drilling activity with prices at or below breakevens for putting in line a new well. Slow growth in Permian oil output would also mean a smaller increase in associated gas production and the need to take these volumes to markets.

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