Remove BCF Remove Drivers Remove IT
article thumbnail

Valor | Energy Connection – July 21, 2025

Valor

Read more Natural gas dominance unchallenged in global energy landscape Summary : According to the 2025 Statistical Review of World Energy, global natural gas production hit a record 398 Bcf/d in 2024, with the U.S. The liquefied natural gas (LNG) market has been a key driver, tripling since 2010, with the U.S.

Energy 52
article thumbnail

Pantheon Resources Pushes Ahead with Dubhe-1 Drilling on Alaska’s North Slope

Oil Gas Leads

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 well was suspended, and shares dropped to 20.65

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Wellhead to Server Rack – How U.S. Shale Is Powering the AI Data Center Boom

Oil Gas Leads

CEO Ryan Lance has highlighted AI as a major new demand driver. With over 1 Bcf/day of associated gas and $70–100 million per year in electricity costs, Diamondback sees BTM power as a margin-enhancing strategy. With strong positions in the Eagle Ford and Dorado plays, EOG plans to grow gas output by 10–12% in 2025.

article thumbnail

Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

Management estimates of gas estimated ultimate recovery (EUR) for the State 36-2R well range from 4-6 billion cubic feet (“BCF”) (0.9 BCF/1000 feet (‘) of perforated interval) and between 160,000 and 240,000 barrels of condensate, equivalent to a total range of 0.827 to 1.24 (the “Paradox project”).In

BCF 130
article thumbnail

Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access.

Gas 52
article thumbnail

ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

Bcf/d in 2025. LNG exports , which are expected to increase from 16 Bcf/d today to nearly 30 Bcf/d in the coming years. As ONEOK continues to integrate its recent acquisitions and optimize operations, the Permian Basin remains a core driver of its success. The Permian Basin continues to be a driving force behind U.S.

Basin 52
article thumbnail

Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access.

Gas 40