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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. This will result in substantial demand growth for in-basin condensate volumes because of increased need for diluent.

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The Next Shale Frontier: Kimmeridge Ranks the Top North American Basins for the Next Decade

Oil Gas Leads

In a new white paper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Gas-Weighted Play: Strong economics tied to growing LNG demand and export potential.

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EOG Resources Enters Utica in Force with $5.6B Encino Acquisition

Oil Gas Leads

The company will gain exposure to both the liquids-rich and dry gas windows, with firm transportation to premium marketsenhancing revenue predictability and price realizations. This deal now gives EOG three foundational plays: Delaware Basin, Eagle Ford, and Utica. Encino Acquisition appeared first on Oil Gas Leads.

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Exploring the Future of Canadian Oil Sands and Montney Plays

Enverus

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. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices.

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Strategic Air Permit Transfers Highlight Shifts in Barnett Shale Operations

Oil Gas Leads

The transfer: Ensures regulatory transparency, Assigns operational responsibility for emissions control equipment, Signals strategic asset realignment in the basin. The Barnett Shale Strategy: From Dry Gas to Scaled Redevelopment Sage Natural Resources LLC : In 2023, Sage developed multi-well pads with laterals exceeding 7,000 feet.

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Energy Transfer Continues 2024 Momentum With Strong Third Quarter Earnings

Energy Transfer

The increase was primarily due to higher volumes in the Permian Basin and Eagle Ford as well as the addition of the Crestwood and WTG assets in November 2023 and July 2024, respectively. This was offset by lower IT utilization in dry gas areas due to the lower gas prices and weaker spreads. Intrastate Natural Gas.

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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

The increase was primarily due to higher volumes in the Permian Basin, which was related to a 9% increase in legacy Permian throughput, as well as the addition of the Crestwood and WTG assets in November of 2023 and July of 2024, respectively.