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oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in naturalgas rigs. According to the latest Baker Hughes Rig Count, the total number of active rigs rose by seven—the largest weekly gain since December—reflecting growing optimism in the gas sector as prices climb.
naturalgas sector. Bcf of Remediated Mine Gas (RMG), and expects to process 17–18 Bcf of RMG in 2025. Looking Ahead Despite some softening in naturalgas prices, CNX reaffirmed its 2025 EBITDAX guidance ($1.225B–$1.275B) and capital expenditures ($450M–$500M). With NYMEX gas at $3.59/MMBtu,
The report underscores a clear pivot: naturalgas 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. Even though 2025 gas production is still expected to increase modestly , momentum is expected to reverse in 2026. “We
Oil & Gas US Operator Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled…. gigawatt naturalgas-fired power plant dedicated to a hyperscale data center. Conclusion: Oil & Gas Powers the Digital Future From Texas to Appalachia, 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) naturalgas and 66.5
May 27, 2025 The Hugh Brinson Pipeline, a major naturalgas infrastructure project led by Energy Transfer LP , continues to move forward as key regulatory approvals are secured. Bcf/d of gas. Bcf/d based on demand. Bcf/d based on demand. Phase I : A 42-inch mainline capable of moving 1.5
NaturalGas & NGL Infrastructure Expansion ONEOK is expanding its naturalgas and NGL (naturalgas liquids) infrastructure in the Permian to capture growing production volumes. This move supports the companys growing gas gathering and processing footprint. Bcf/d in 2025.
DT Midstream (NYSE: DTM) is charging into the future with a bold, self-funded investment plan designed to meet surging demand from LNG exports, naturalgas-fired power plants, and even data centers. Oil & Gas Directory Midstream Engineers Contact List The post DT Midstreams $2.3
The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big naturalgas 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
This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, naturalgas, and naturalgas liquids (NGLs) production is growing rapidly. Pipeline Transportation Crude oil, naturalgas, and NGLs move from production sites to storage and processing facilities.
average active rigs dropped to 30 , but recent additions brought the April count to 34 , targeting naturalgas plays with long-term LNG potential. With initial Liquefied NaturalGas (LNG) exports beginning shortly in Canada and significant LNG export capacity expansion underway in the U.S., In the U.S. In the U.S. ,
DT Midstream (NYSE: DTM) reported strong Q1 2025 results, highlighting not only solid financial performance but also a clear long-term growth strategy anchored in the rising global demand for liquefied naturalgas (LNG). LNG: The Long-Term Growth Engine DTM made it clear: LNG is central to its future. With the U.S.
With improving naturalgas prices and a reinforced drilling program, the company is clearly positioning itself as a cost-efficient, technologically adept player in one of North America’s premier gas basins. Production Holds Steady Naturalgas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1
The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big naturalgas 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
Infrastructure and Market Adjustments Infrastructure limitations, particularly in naturalgas takeaway capacity, have been a key bottleneck for Permian growth in previous years. Bcf/d of takeaway capacity. NaturalGas Production: 25.8 marketed naturalgas production in 2025. MMBbl/d , a 0.3
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