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Owned by DT Midstream and TC Energy, the pipeline already moves 2.0 delivering over 35 billion cubic feet per day (Bcf/d)—about 31% of the nation's marketed production. Bcf/d last year, supported by new LNG export plants and expanding power generation needs. Bcfd by 2029, responding to strong shipper interest.
billion cubic feet per day (Bcf/d) of natural gas from northeast British Columbia to the Canada-U.S. midstream assets. The program aims to provide up to $10 billion in guarantees for such investments. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline.
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
M&A and Portfolio High-Grading: Building for the Long Haul Strategic M&A is back—but it’s smarter. Instead of empire-building, operators are high-grading portfolios: ExxonMobil is blending Pioneer’s acreage with its heritage Permian assets, prioritizing cube-style drilling and advanced proppants.
bcf/d in 2024 (up from 8 bcf/d in 2023), LNG Canada’s launch could redirect volumes to global buyers , potentially easing U.S. mtpa) at its terminal in Kitimat, British Columbia. This milestone marks the beginning of Canada’s entry into the global LNG export market , with the first export cargo expected to load by mid-year.
The pipeline is designed to supply ~2 Bcf/d of natural gas from northeastern B.C. to the Ksi Lisims LNG export terminal proposed near Pearse Island on the West Coast. The regulatory confirmation safeguards PRGT’s future and signals progress in enabling Canadian LNG exports from B.C. regulator appeared first on Oil Gas Leads.
Midstream natgas companies own pipelines and other infrastructure to move oil and gas products, and the burgeoning demand for gas should continue into the 2030s, according to a team of TD Cowen analysts led by Jason Gabelman. Kinder Morgan Energy infrastructure giant Kinder Morgan emerged as a top pick on TD Cowen's list.
We expect that domestic consumption and exports combined will increase by nearly 4 Bcf/d this year, while U.S. dry natural gas production grows by less than 3 Bcf/d,” the EIA stated. In its latest June 2025 Short-Term Energy Outlook , the U.S. shale development. The Eagle Ford won’t be a growth engine in that mix.
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. Trinity Gas Storage, LLC is at the forefront of a new era in Texas energy resilience.
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 natural gas (LNG). LNG export market expanding rapidly , DT Midstream is in a prime position to capitalize. With the U.S.
The midstream energy sector is undergoing a transformative shift. Lets break down the key trends, major players, and strategies shaping the future of midstream energy. The Rise of Vertical Integration in Midstream Energy Vertical integration is redefining the midstream landscape. energy production growth. Why the Permian?
DT Midstream (NYSE: DTM) is charging into the future with a bold, self-funded investment plan designed to meet surging demand from LNG exports, natural gas-fired power plants, and even data centers. Oil & Gas Directory Midstream Engineers Contact List The post DT Midstreams $2.3
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.
This approach focuses on vertical integration, midstream infrastructure expansion, and enhanced export capabilities to dominate global markets for LNG, LPG, and NGLs. midstream operators are increasingly adopting vertical integration to control the entire value chainfrom gathering and processing to transportation and export.
Bcf/d capacity, designed to move natural gas from the Waha hub in the Permian Basin to Wharton, Texas , with additional delivery capabilities to Katy. This includes $300 million in spending reductions through midstream optimization and cost structure adjustments. . Bcf/d Cash from operations: $1.94 Devon Energy Corp.
The company has expanded its footprint by acquiring Tellurian’s upstream and midstream Haynesville assets, adding approximately 31,000 net acres and increasing its gathering and treating capacity to over 3 Bcf/d. The company reported a 42% improvement in drilling performance, reducing rig move times from seven days to three.
Permian Basin production has grown dramatically, surpassing 10 billion cubic feet per day (Bcf/d) in 2018 and more than doubling to 21 Bcf/d by 2022, according to the U.S. The recent launch of the Matterhorn Express Pipeline, developed by a joint venture led by WhiteWater Midstream, offers some relief. Bcf/d of natural gas.
Aethon gets additional gathering and processing capacity to bolt onto its midstream assets in the basin and a production boost to an already compelling growth story as the company is now ~3x or ~2 Bcf/d higher than its 2020 exit rate. Bcf/d after dropping from ~15 Bcf/d down to only 12.9 Bcf/d in Q1/24.
Production Holds Steady Natural gas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1 Midstream CapEx: $48.7M billion to fund its Haynesville development plan and midstream infrastructure build-out. Mcf before hedging, $3.52/Mcf Mcf after Total revenue: $512.9 million (up from $335.8M G&T: $0.37
The project is a joint venture under the Blackcomb Pipeline JV , backed by: WhiteWater Midstream / Enbridge / MPLX LP (70%) Targa Resources Corp. billion cubic feet per day (Bcf/d) of natural gas between Agua Dulce in South Texas and Katy near Houston.
Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project. July 2024 : WhiteWater Midstream announced the Blackcomb Pipeline, a 2.5 Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub. The pipeline will have a capacity of 1.5
Key Metrics Value Implication Permian Base Decline 3040% annually Constant drilling needed Well Productivity Plateauing New wells Stability DUC Inventory Shrinking No cushion left Permian Output (20252029) +67 Bcf/d forecast Midstream banks on it Even modest slowdowns have a compound impact. Its a factory model.
MAY Energy Transfer Reports Strong First Quarter Results Energy Transfer started the year strong , reporting 13% growth in adjusted EBITDA over Q1 2023 driven by increased crude oil transportation, NGL transportation and fractionation, midstream gathering and interstate transportation volumes. 2024 is almost in the books!
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. bcf/d phase planned.
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