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(Nasdaq: NEHC) (“NEHC” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers, LLC (“TCDC”) its joint venture with Sharon AI, Inc., is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets.
Energy Information Administration (EIA) delivered a sobering update on the Eagle Ford Basin—once a crown jewel of U.S. According to the agency, the Eagle Ford Basin is the leading contributor to that downward revision, with the Permian Basin also playing a key role. In its latest June 2025 Short-Term Energy Outlook , the U.S.
It covers total production figures, performance by key operators, and state-level contributions, focusing on key basins such as the Permian Basin, Appalachian Basin, Denver-Julesburg (DJ) Basin, Onshore and Offshore Gulf of America (Mexico), Williston Basin, and Greater Anadarko Basin. in 2024.
The pipeline is designed to supply ~2 Bcf/d of natural gas from northeastern B.C. to the Ksi Lisims LNG export terminal proposed near Pearse Island on the West Coast. The regulatory confirmation safeguards PRGT’s future and signals progress in enabling Canadian LNG exports from B.C. regulator appeared first on Oil Gas Leads.
The shale play experienced phenomenal growth in the 2010s, its gas production rising from less than 2 Bcf/d to more than 33 Bcf/d over that decade. But the pace of growth has slowed dramatically in recent years, mostly due to takeaway constraints.
The growth outlook in the economically advantaged Western Canadian Sedimentary Basin (WCSB) remains strong with approximately 1 million incremental barrels per day expected to come onstream by 2035, Ebel said. bcf/d Traverse Pipeline which will connect Agua Dulce to Katy, Texas, providing market optionality for customers.
Denver-based Tallgrass said last week it completed anchor shipper agreements for a new pipeline that will transport natural gas from multiple points in the Permian Basin to the Rockies Express pipeline and other points of delivery. Tallgrass said May 13 the agreements are sufficient to financially justify construction of the pipeline project.
In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the BCF/1000′) and across the greater development area (0.8-2.5 the “Paradox project”).In
The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. Bcf/d in 2025. oil and gas production, and ONEOK Inc.
billion cubic feet per day (Bcf/d) of natural gas from northeast British Columbia to the Canada-U.S. Separately, Enbridge confirmed it had acquired a 10% stake in the Matterhorn Express natural gas pipeline in the Permian Basin for $300 million USD, as part of its long-term growth strategy in U.S. Previous agreements include a C$1.12
The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Bcf/d of natural gas from the Permian to Katy, Texas. Bcf/d of natural gas.
With key infrastructure positioned in the Haynesville and Appalachian basins, DTM is leveraging its high-quality assets and strong contract profile to support future LNG-driven expansion. Bcf/d , bringing the LEAP system total to 2.1 Bcf/d , bringing the LEAP system total to 2.1 With the U.S.
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.
Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. Bcf/d of takeaway capacity. Exxon, Chevron, and Shell Are Betting on Carbon CaptureIs It the Future? MMBbl/d , a 0.3
Project Overview: Hugh Brinson Pipeline The Hugh Brinson Pipeline, previously referred to as the Warrior Pipeline, is designed to transport natural gas from the Permian Basin to key downstream markets in Texas and Louisiana. Bcf/d of gas. Bcf/d based on demand. Bcf/d based on demand. Estimated Investment : $2.7
The Road So Far – Looking Back on the Deal Our original analysis noted that Tellurian rock quality typically sat in the tier-2 to tier-3 category basin-wide, equating to our second and third machine-learning-derived rock quality quartiles. Basin-wide, however, ~$3.00/Mcf Basin differentials are assumed to be ~0.25/Mcf,
Permian Basin: The Backbone of U.S. Production The Permian Basin remains the most productive oil and natural gas field in the U.S. Bcf/d by the end of 2025, midstream operators are aggressively expanding infrastructure to capture this growing supply. Vertical Integration for Operational Efficiency U.S.
natural gas prices fell nearly 8% last week to $3.249/MMBtu, their lowest since January, despite a smaller-than-expected storage build of 16 Bcf, which was below the five-year average of 50 Bcf. Bcf/day, while consumption dropped to 103 Bcf/day due to warmer weather reducing residential and power demand. Read more U.S.
billion cubic feet per day (Bcf/d) of natural gas between Agua Dulce in South Texas and Katy near Houston. The project is a joint venture under the Blackcomb Pipeline JV , backed by: WhiteWater Midstream / Enbridge / MPLX LP (70%) Targa Resources Corp.
Monthly Well Permits: Actuals and Forecasts An analysis of well permitting activity in the Haynesville Basin reveals a steady pace of development. While specific monthly figures for 2024 and 2025 are not detailed here, the overall trend suggests consistent interest in the region’s potential.
The transaction, expected to close in the second quarter, follows the pipelines recent startup and rapid ramp-up of operations in the Permian Basin. Bcf/d capacity, designed to move natural gas from the Waha hub in the Permian Basin to Wharton, Texas , with additional delivery capabilities to Katy. Devon Energy Corp.
poised to expand LNG export capacity , interest in gassy basins has surged. billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). According to the U.S. Since 2020, Austin Chalk gas output has nearly tripled to 1.8
This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. ” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution.
billion in organic growth projects already in motion, the company is doubling down on its pure-play natural gas strategy across key basins like the Haynesville and Appalachia. Projects in Motion: LEAP Phase 4 (Haynesville) : Expanding capacity to 2.1 Oil & Gas Directory Midstream Engineers Contact List The post DT Midstreams $2.3
Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project. Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub. Bcf/d Matterhorn Express pipeline, which achieved record-breaking capacity fill rates in the Permian Basin.
With improving natural gas prices and a reinforced drilling program, the company is clearly positioning itself as a cost-efficient, technologically adept player in one of North America’s premier gas basins. Production Holds Steady Natural gas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1
Key Metrics Value Implication Permian Base Decline 3040% annually Constant drilling needed Well Productivity Plateauing New wells Stability DUC Inventory Shrinking No cushion left Permian Output (20252029) +67 Bcf/d forecast Midstream banks on it Even modest slowdowns have a compound impact. Its a factory model.
poised to expand LNG export capacity , interest in gassy basins has surged. billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). According to the U.S. Since 2020, Austin Chalk gas output has nearly tripled to 1.8
JULY Energy Transfer Completed its Acquisition of WTG Midstream Holdings Energy Transfers completion of its acquisition of WTG Midstream added approximately 6,000 miles of gas-gathering pipelines that extend Energy Transfers network in the Midland Basin. Bcf/d, and two additional processing plants that are under construction.
In the Permian Basin, rig count declined by 1 to 3049 fewer than last yearwhile Eagle Ford added 1 rig to reach 49, though thats still 3 less than the previous year. Bcf/d, and the gas rig count increased by three to 102 rigs as producers capitalize on higher prices. Read more U.S. per barrel (up 1.22%) and Brent at $70.41
As we discussed a few months ago, the Permian Basin is starting to feel the impact of AI data centers creating demand for natural gas fired electricity. New Era Heliums partnership with Sharon AI through Texas Critical Data Centers (TCDC) represents a cornerstone of its Permian Basin strategy. It has helium reserves of over1.5
Volatility at the start of the Trump Administration might present the last chance to buy Delaware Basin oil and gas stocks on the cheap, in my opinion. LNG exports are projected to grow by over 2 Bcf/d in both 2025 and 2026. The Delaware portion of the Permian Basin is more gassy than the Midland region and less developed so far.
Canadas Pacific Coast Canada is aggressively expanding its LNG export capabilities to serve the Asian market, with major projects on its Pacific Coast: Coastal GasLink Pipeline: A 5 billion cubic feet per day (bcf/d) pipeline supplying natural gas to the 1.85 bcf/d LNG Canada facility in Kitimat, British Columbia. bcf/d phase planned.
Read more Natural gas prices tick up despite another triple-digit build Summary : Natural gas prices rose slightly to $3.447/Mcf despite a 101 Bcf storage build, exceeding the 99 Bcf forecast and marking the fifth straight triple-digit weekly increase. Total stocks reached 2,476 Bcf, 11.3% Bcf/day and demand dipped to 97.3
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