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Lets look at some of the key highlights: Anticipate a rise in oil production within the Western Canada Sedimentary Basin (WCSB). Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets. However, this increased demand for condensate will also have implications for AECO hub gas pricing.
Elevated condensate-yields were observed (in a range of 60-200 barrels of oil (“bo”) per million standard cubic feet (“mmscf”) with an 85 bo/mmscf average). With the publication of this announcement, this information is now considered to be in the public domain. the “Paradox 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 Gross Recoverable Condensate (MMBC) 3.5 Net Recoverable Condensate (MMBC) 2.7
Removing NGLs prevents condensation and two-phase flow issues, protects downstream equipment, and ensures a consistent heating value of the sales gas. This process chills the inlet natural gas stream to extremely low temperatures, causing NGLs to condense and separate from the methane-rich gas.
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