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“The decision to perform a novel perforation and acidisation completion has been very much vindicated, and the potential for further optimisation of the project is exciting. Management estimates of gas estimated ultimate recovery (EUR) for the State 36-2R well range from 4-6 billion cubic feet (“BCF”) (0.9
The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators. We expect that domestic consumption and exports combined will increase by nearly 4 Bcf/d this year, while U.S.
(TSXV: CCEC) (FSE: 4JH) ( CanCambria or the Company ) is pleased to announce the results of the Companys independent resource evaluation for the Kiskunhalas tight-gas project in southern Hungary dated April 30th, 2025, prepared by Chapman Hydrogen and Petroleum Engineering ltd (CHPE). billion cubic feet (BCF) natural gas and 66.5
Bcf/d of gas. Bcf/d based on demand. Permit #180236 China Lake Compressor Station Details Information Project ID 393531 Status Complete Facility Name China Lake Compressor Station County / Region Glasscock / Region 07 Midland Location From the intersection of Hwy 158 and Hwy 33 in Garden City, TX, go west 3.6
The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Bcf/d in 2025. Scheduled for completion in early 2028 , with expansion potential beyond 400,000 bpd. LNG exports , which are expected to increase from 16 Bcf/d today to nearly 30 Bcf/d in the coming years.
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. billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026.
Precision is strategically positioning its fleet to capitalize on 13 Bcf/d of LNG export capacity coming online over the next five years. In the U.S. , LNG-driven natural gas demand is helping offset a weaker oil environment.
Production Holds Steady Natural gas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1 Bcfe While volumes were slightly down YoY due to timing of completions, the resumption of activity in late 2024 and high initial production rates from new wells promise stronger volumes ahead. Mcf before hedging, $3.52/Mcf
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. billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026.
However, later clarifications and presentations from SEC engineers showed that their main focus was on PROVEN locations, since that was what most companies disclosed. Moving an expired 5 BCF PUD 100 feet to a new location, and disguising it with a new well name, is a violation. Thanks for reading!
In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. Bcf/d of takeaway capacity. Bcf/d , reflecting the impact of expanded takeaway capacity and rising demand for LNG exports. in LNG infrastructure expansion, with several new projects advancing toward completion in 2025.
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