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(Oil & Gas 360) – MIDLAND, Texas–June 12, 2025. 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., New Era Helium, Inc. Will Gray II, CEO of New Era Helium, Inc.,
percent or 70 billion cubic feet to 4,277 Bcf. percent or 3 Bcf. Design capacity increased 7 Bcf in the Mountain region to offset declines elsewhere. declined in South Central appeared first on Permian BasinOil and Gas Magazine. Design capacity increased slightly by 0.1
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.
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output.
The pipeline is designed to supply ~2 Bcf/d of natural gas from northeastern B.C. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. regulator appeared first on Oil Gas Leads. regulator appeared first on Oil Gas Leads.
(Oil Price) –Canadas pipeline giant Enbridge Inc. Enbridge operates the Mainline system, moving more than 3 million barrels a day of crude oil and liquids from Western Canada to the demand markets in the United States. bcf/d natural gas pipeline connecting Permian supply to Katy. billion (C$2.2
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.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. The evaluation confirms that theCane Creekreservoir is highly productive and potentially ranks alongside some of the most productive oil and gas plays in theU.S.
The Permian Basin continues to be a driving force behind U.S. oil and gas production, and ONEOK Inc. 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.
billion minority sale in 2022 involving seven Alberta oil pipelines. billion cubic feet per day (Bcf/d) of natural gas from northeast British Columbia to the Canada-U.S. He noted a shift in tone, with governments appearing more supportive of accelerating oil and gas projects. Previous agreements include a C$1.12
oil and gas industry is experiencing one of its most transformative periods. 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.
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
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.
Permian Basin: The Backbone of U.S. Production The Permian Basin remains the most productive oil and natural gas field in the U.S. With expected crude oil output increasing to 6.6 Bcf/d by the end of 2025, midstream operators are aggressively expanding infrastructure to capture this growing supply.
Visit the blog to explore the full interactive dashboard This interactive presentation contains the latest gas (and a little oil). Furthermore, they allow you to uncover other insights as well.
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. Phase I : A 42-inch mainline capable of moving 1.5
billion cubic feet per day (Bcf/d) of natural gas between Agua Dulce in South Texas and Katy near Houston. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
April 21, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices dip amid U.S.-Iran Iran talks and tariff concerns Summary : Oil prices fell 1.5% Bcf/day, while consumption dropped to 103 Bcf/day due to warmer weather reducing residential and power demand.
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 BcfOil production: 10 Mbbls Total production volume: 115.1
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. Pipeline Transportation Crude oil, natural gas, and NGLs move from production sites to storage and processing facilities. ” Marshal S.
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. Oil & Gas Directory Midstream Engineers Contact List The post DT Midstreams $2.3 Billion Bet on Americas Energy Future appeared first on Oil Gas Leads.
The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. poised to expand LNG export capacity , interest in gassy basins has surged.
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. apart isnt just volumeits the cost.
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.
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 Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. poised to expand LNG export capacity , interest in gassy basins has surged.
March 10, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices dip as tariff uncertainty keeps investors on edge Summary : Oil prices declined on Monday, with Brent crude falling 44 cents to $69.92 Stay tuned for weekly updates to keep you well-informed.
anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. Bcf/d, and two additional processing plants that are under construction. In a deal valued at $7.3
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. and in the Permian Basin.
Volatility at the start of the Trump Administration might present the last chance to buy Delaware Basinoil and gas stocks on the cheap, in my opinion. The recent goal of maximizing oil production over gas production seems to be flipping and the investing public is not quite in emotional chase mode yet.
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.
June 2, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Total stocks reached 2,476 Bcf, 11.3% Bcf/day and demand dipped to 97.3 This regulatory shift positions Europe as the new CCS hub, leveraging oil companies expertise for decarbonization, as the U.S.
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