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Project Update: Prince Rupert Gas Transmission (PRGT) Pipeline Clears Key Regulatory Hurdle The British Columbia Environmental Assessment Office (EAO) has confirmed that the 750-kilometre Prince Rupert Gas Transmission (PRGT) pipeline retains its environmental certificate, clearing the way for construction to continue.
s Westcoast natural gas pipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline.
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. Pipeline capacity is designed for up to 2.4 Target in-service date is late 2028.
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.
(Oil Price) –Canadas pipeline giant Enbridge Inc. reported on Friday record quarterly earnings for the first quarter of the year as it moved a record-high volume of liquids on its huge Mainline pipeline system in North America. bcf/d natural gas pipeline connecting Permian supply to Katy. billion (C$2.2
On May 1, 2025 , the Railroad Commission of Texas (RRC) issued a significant new permit to WWM Operating, LLC , authorizing operations for the Traverse Pipeline a major gas transmission project set to enhance energy transport capacity across multiple South Texas counties.
May 27, 2025 The Hugh Brinson Pipeline, a major natural gas infrastructure project led by Energy Transfer LP , continues to move forward as key regulatory approvals are secured. Bcf/d of gas. Bcf/d based on demand. Developer : Energy Transfer LP via its affiliate Hugh Brinson Pipeline LLC. Estimated Investment : $2.7
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.
equity stake in the Matterhorn Express Pipeline for approximately $375 million. The transaction, expected to close in the second quarter, follows the pipelines recent startup and rapid ramp-up of operations in the Permian Basin. WhiteWater will retain operational control of the pipeline. Devon Energy Corp. Enbridge Inc.
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. Beginning operations in early October, the pipeline can transport up to 2.5 Bcf/d of natural gas.
Kinder Morgan has unveiled plans to construct the Trident Intrastate Pipeline, a $1.7 The pipeline will have a capacity of 1.5 Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project. July 2024 : WhiteWater Midstream announced the Blackcomb Pipeline, a 2.5
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.
Leading companies are aggressively expanding and integrating their gathering, processing, pipeline, and export infrastructure. 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. energy production growth.
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. Pipeline and Export Expansion Pipelines continue to be the backbone of the 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.
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. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 Bcf/d of takeaway capacity.
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). Bcf/d in 2024 to over 26.8 Bcf/d by 2040, according to the EIA.
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). Bcf/d in 2024 to over 26.8 Bcf/d by 2040, according to the EIA.
It was another exciting and successful year for Energy Transfer and Sunoco, with everything from impactful acquisitions and a major pipeline deal to sports sponsorships and record-breaking donations. Bcf/d, and two additional processing plants that are under construction. 2024 is almost in the books! 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 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.
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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