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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. The asset is one of the few blocks in Viernam that contains large-scale commercial oil and gas fields.
equity stake in the Matterhorn Express Pipeline for approximately $375 million. The transaction, expected to close in the second quarter, follows the pipelines recent startup and rapid ramp-up of operations in the Permian Basin. WhiteWater will retain operational control of the pipeline. Bcf/d Cash from operations: $1.94
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. Bcf/d in 2024 to over 26.8
Production The Permian Basin remains the most productive oil and natural gas field in the U.S. Bcf/d by the end of 2025, midstream operators are aggressively expanding infrastructure to capture this growing supply. Pipeline and Export Expansion Pipelines continue to be the backbone of the U.S.
As temperatures dropped, oil field equipment froze, wells were shut in, and the natural gas needed to generate electricity crashed as the demand for power sky rocketed. Kinder Morgan is a natural gas pipeline that purchases, sells, and transports gas. billion cubic feet of production on February 4, 2021 (“Bcf”) to 65.4
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. Bcf/d in 2024 to over 26.8
However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 Bcf/d of takeaway capacity. This pipeline has significantly reduced flaring, stabilized natural gas prices at the Waha hub, and enabled higher oil production by ensuring gas associated with oil drilling can be transported efficiently. MMBbl/d , a 0.3
The companies have focused on a 200-acre site near Penwell in Ector County, Texas, near fiber optic networks, natural gas pipelines, and CO infrastructure, which was recently put under contract for acquisition.The location enables access to existing CCUS systems for enhanced oil recovery, aligning with net-zero goals.
Canadas Pacific Coast Canada is aggressively expanding its LNG export capabilities to serve the Asian market, with major projects on its Pacific Coast: Coastal GasLink Pipeline: A 5 billion cubic feet per day (bcf/d) pipeline supplying natural gas to the 1.85 bcf/d LNG Canada facility in Kitimat, British Columbia.
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