This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In its Q2 2025 earnings report, the Appalachian-focused operator highlighted a 22-quarter streak of free cash flow (FCF) generation, strengthened operational performance, and bold ESG transparency initiatives that are setting new industry standards. Bcf of Remediated Mine Gas (RMG), and expects to process 17–18 Bcf of RMG in 2025.
When completed, the project will supply 125 billion standard cubic feet (Bcf) per day of natural gas to the domestic market, Petrovietnam said in a news release. When completed, the project will supply 125 billion standard cubic feet (Bcf) per day of natural gas to the domestic market, Petrovietnam said in a news release.
While oil rig counts continued to slip, steady activity in key basins like the Haynesville and a sharp uptick in states like Kansas signal a potential turning point for upstream operations heading into the second half of 2025. Bcf/d in 2025 from 103.2 Bcf/d in 2025 from 103.2 Bcf/d in 2025 from 103.2 bpd (2024) → 13.4M
Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. While overshadowed by the Permian in recent headlines, the Bakken and Three Forks formations continue to attract strategic investment from both public and private operators focused on efficient, mature asset development.
From Majority Stake to Full Ownership Following the completion of the initial transaction, EQT intends to file a mandatory public offer to acquire the remaining shares at the same price and pursue a squeeze-out and delisting of Waga Energy from the Euronext Growth Paris exchange. Bcf/d beginning in 2027.
The Westcoast pipeline, operated by Enbridge subsidiary Westcoast Energy Inc., billion cubic feet per day (Bcf/d) of natural gas from northeast British Columbia to the Canada-U.S. spans more than 2,900 kilometers (1,802 miles), transporting up to 3.6 Deal Overview: Stake Sold : 12.5% In May 2025, Enbridge Inc. billion, up from $1.4
Now, Pantheon is refocusing its efforts on the Dubhe-1 appraisal well, targeting the Ahpun Topset horizon , a reservoir with 282 million barrels of liquids and 804 Bcf of gas , according to a June 2024 report by Cawley Gillespie & Associates. The Nabors 105AC rig is currently mobilizing to the site.
billion, marks Brookfield’s complete exit from NGPL and positions ArcLight as the pipeline system’s largest stakeholder. economic interest and continues to operate the network. Its infrastructure includes 1 million horsepower of compression capacity and 288 billion cubic feet (Bcf) of storage. Kinder Morgan retains its 37.5%
The expansion project includes three additional storage caverns, each with approximately 10 billion cubic feet (Bcf) of working storage capacity, as well as incremental expansion of the hub’s existing caverns, according to Enstor. Bcf of additional working gas capacity and up to 0.7 Bcf, which is roughly 2.5
This year, bp completed drilling activities from two gas discoveries offshore the Mediterranean; El-King-2 and El Fayoum-5. The new wells are expected to produce approximately 220 billion cubic feet (bcf) of natural gas and 7 million barrels (mmbbls) of condensate.
Operating income climbed from $1.04 “We currently have long-term contracts to move almost 8 billion cubic feet per day of natural gas to LNG facilities and, upon completion of projects under construction, that amount is expected to grow to almost 12 Bcf/d by the end of 2028”, said chief executive Kim Dang.
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.
The Company is completing final due diligence, and the appointments are expected to reinforce the Company’s governance and long-term growth strategy. Bcf of proved and probable helium reserves sourced alongside natural gas production. Will Gray II, CEO of New Era Helium, Inc., New Era Helium, Inc.
LLC in Louisiana, complete authorization to export to countries without a free trade agreement (FTA) with the United States, Commonwealth said Wednesday. billion cubic feet (Bcf) a year or 1.21 Bcf per day, to both FTA and non-FTA countries. Commonwealth is permitted to export up to 9.5 MMtpa, equivalent to about 441.4
Across the shale patch, operators are pivoting toward this high-margin, high-growth opportunity. Oil & Gas US Operator Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled…. shale operators are repositioning for a new kind of energy demand. Here’s how leading U.S.
Just six months after launching Phase I of its state-of-the-art 24 Bcf gas storage facility in Anderson County, East Texas, the company has continued expanding with momentum—and a clear focus on reliability, capacity, and innovation.
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 The internal technical evaluation of this well is now largely complete, prior to further review by a third party.
Bcf/d of gas. Bcf/d based on demand. Target Operational Date : Q4 2026. via Credit Card TCEQ CN Number CN606388544 Permit Implications These permits allow construction and operation of compressor stations with emissions limits that comply with state air quality standards. Phase I : A 42-inch mainline capable of moving 1.5
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.
April 30, 2025 Comstock Resources (NYSE: CRK) has released its Q1 2025 earnings, showcasing a confident return to growth, operational efficiency, and a focused expansion strategy in the Haynesville shale. Production Holds Steady Natural gas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1 G&T: $0.37
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.
drilling landscape, Precision Drilling Corporation (TSX:PD; NYSE:PDS) entered 2025 with steady financial performance, operational strength in Canada, and a continued focus on shareholder returns. 63 million in operating cash flow , which funded $31 million in share buybacks and $17 million in debt reduction. activity. . $35
Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. These initiatives are progressing and will drive substantial growth once operational. Bcf/d capacity project. Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub.
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.
Ryan Lance, ConocoPhillips Operators are drilling fewer wells, but doing so with purposeon multi-well pads, with simul-frac designs and AI-enhanced execution. Operators have tens of thousands of drilling locations that remain profitable even with WTI at or below $40. Its a factory model. apart isnt just volumeits the cost.
Prudent operators will put a “clock” or tracking system on every drill once booked, and manage the drilling schedule and reserve reporting process with this in mind. Moving an expired 5 BCF PUD 100 feet to a new location, and disguising it with a new well name, is a violation.
Occidental Petroleum & Ecopetrols Partnership: Occidental Petroleum (Oxy) continued to expand its Permian operations through a joint venture with Colombian oil company Ecopetrol. In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. Bcf/d of takeaway capacity.
anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. Bcf/d, and two additional processing plants that are under construction. In a deal valued at $7.3
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content