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Asset Optimization: Permian inventory is increasingly scarce, with seven operators controlling 71% of remaining sub-$50/bbl inventory. We provide intelligence across the energy ecosystem: renewables, oil and gas, financial institutions, and power and utilities, with more than 7,700 customers in 50 countries. Learn more at Enverus.com.
While HRT is only 19% utilized today, it has been up to 82% utilized historically during periods of tight pipeline egress, providing Strathcona with a natural hedge against future egress bottlenecks. The HRT acquisition is a continuation of Strathconas countercyclical acquisition strategy focused on core area consolidation.
This is expected to add about 7,500 barrels per day (bbl/d) and increase the total production of Ras Gharib fields to 9,000 bbl/d, driven by the efforts of GPCs engineers and technicians. It supports GPCs efforts and aims to maximize the utilization of its capabilities, ultimately contributing to a reduction in the import bill.
We completed the infrastructure build in Q1/25 to separate the produced water, allowing it to be utilized for re-injection versus disposal which enhances economics and reduces environmental impact. GJ to $3.35/GJ. Boe may be misleading, particularly if used in isolation.
Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.
One Bakken tank farm currently venting 300,000 SCF/d of 2,300 BTU/ft3 gas was shown to be able to achieve a condensate volume of ~ 70 Bbl/d recoverable. Our VET process (venturi-ejector technology) We use disposal water as the motive fluid to entrain & compress gas.
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