Oil & Gas Journal

JULY 25, 2025

Since 2022, natural gas markets have experienced a series of extremes, including both unusually high and low inventory levels, which contributed to elevated price volatility. At the end of first-quarter 2025, US Lower 48 natural gas storage volumes were 4% lower than the 5-year average.

Natural Gas

Rigzone

JUNE 27, 2025

Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. The asset is one of the few blocks in Viernam that contains large-scale commercial oil and gas fields. percent, SK Group holds 7.2

BCF

Valor

JULY 28, 2025

Interior proposes easing oil and gas commingling rules Summary : The Interior Department has proposed rule updates allowing oil and gas operators to commingle production from multiple leases, even those with different ownership and royalty rates. million bpd in 2025, and a 68% gas price hike will boost gas output to 105.9

Royalty

Rextag

JUNE 18, 2025

stake in Waga Energy SA (EPA: WAGA), a French leader in renewable natural gas (RNG) production, in a transaction that values the company at approximately €534 million (US$611 million). This innovative system upgrades methane emitted from landfills into pipeline-quality biomethane, which can be injected directly into the gas grid.

Energy

Oil Gas Leads

JULY 8, 2025

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.

Basin

Rextag

JUNE 14, 2025

s Westcoast natural gas pipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline.

Pipeline

Rextag

JUNE 9, 2025

ArcLight Capital Partners has finalized the acquisition of a 25% equity interest in the Natural Gas Pipeline Company of America (NGPL) from Brookfield Infrastructure, bringing ArcLight’s total ownership in the system to 62.5%. economic interest and continues to operate the network. Kinder Morgan retains its 37.5%

Natural Gas

Rigzone

JULY 13, 2025

Enstor said in a media release that the Mississippi Hub is a high-deliverability underground natural gas storage facility located on the Bond Salt Dome in Simpson County, Mississippi. Bcf of additional working gas capacity and up to 0.7 Bcf, which is roughly 2.5

BCF

Rigzone

JULY 17, 2025

on Wednesday reported $615 million in adjusted net income attributable to common shares for the second quarter, up 13 percent from the same three-month period last year thanks to higher volumes of transported natural gas and refined oil products. Kinder Morgan’s natural gas pipelines carried 44.59 billion to $1.97

Natural Gas

Oil Gas Leads

JUNE 23, 2025

June 23, 2025 – Kitimat, BC LNG Canada, the landmark export facility led by Shell in partnership with Petronas, PetroChina, Mitsubishi, and Kogas, has announced its first liquefied natural gas (LNG) production from Train 1 (5.6 Trade flow shift: With Canadian gas exports to the U.S. export pipelines. averaging 8.6

Gas

Oil Gas Leads

JUNE 9, 2025

Project Update: Prince Rupert Gas Transmission (PRGT) Pipeline Clears Key Regulatory Hurdle The British Columbia Environmental Assessment Office (EAO) has confirmed that the 750-kilometre Prince Rupert Gas Transmission (PRGT) pipeline retains its environmental certificate, clearing the way for construction to continue.

Pipeline

Oil Gas Leads

JUNE 14, 2025

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. The Eagle Ford—where much of the gas is associated with oil production—is particularly sensitive to these variables.

Basin

Oil & Gas 360º

JUNE 12, 2025

Bcf of proved and probable helium reserves sourced alongside natural gas production. New Era Helium, Inc. is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. The Company controls over 137,000 acres in Southeast New Mexico, with more than 1.5

Basin

Rigzone

JULY 23, 2025

We are extremely proud to participate in and support Indonesia’s ever-growing exploitation of its natural gas resources. The resultant strong gas demand in Indonesia underpins the tangible value of our discovered resources and provides a compelling investment thesis for Conrad,” he concluded. Conrad holds a 76.5

Field

Rigzone

JUNE 19, 2025

billion cubic feet (Bcf) a year or 1.21 Bcf per day, to both FTA and non-FTA countries. billion in annual export revenue, unleashing American energy, utilizing approximately 2,000 workers at the peak of construction and providing 270 high-paying jobs when the facility begins operations”, it claimed.

BCF

Oil Gas Leads

JULY 21, 2025

That’s where shale gas comes in – particularly in the form of behind-the-meter (BTM) generation, which provides power directly to data centers without relying on the public grid. Across the shale patch, operators are pivoting toward this high-margin, high-growth opportunity. Here’s how leading U.S.

Consulting

Oil & Gas 360º

MAY 9, 2025

Enbridge operates the Mainline system, moving more than 3 million barrels a day of crude oil and liquids from Western Canada to the demand markets in the United States. Last year, Enbridge struck a deal to buy three natural gas utilities in the United States from Dominion Energy for a total consideration of $14 billion.

BCF

Enverus

APRIL 16, 2025

According to EIR, the high volatility in natural gas prices expected at East Texas hubs served by Haynesville production is driven by timing mismatches related to gas supply, pipeline development and LNG export demand. There could be as much as 6 Bcf/d of underutilized pipeline capacity over the next decade in the Haynesville.

BCF

Rextag

JANUARY 27, 2025

billion project spanning 216 miles, designed to enhance natural gas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project. Bcf/d capacity project.

Natural Gas

Oil Gas Leads

MAY 23, 2025

First Five Months: 2024 vs. 2025 Comparing the first five months of 2024 and 2025: 2024 (JanMay) : 267 permits issued 2025 (JanMay) : 296 permits issued Change : +29 permits Percent Increase : +10.86% This uptick indicates a growing confidence among operators in the basin’s prospects.

Operator

Valor

APRIL 21, 2025

Read more Natural gas market struggles to find its footing: here’s why Summary : U.S. natural gas prices fell nearly 8% last week to $3.249/MMBtu, their lowest since January, despite a smaller-than-expected storage build of 16 Bcf, which was below the five-year average of 50 Bcf. Read more U.S.

BCF

Rextag

APRIL 24, 2025

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

Gas

Rextag

MAY 14, 2025

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 Devon Energy Corp. has announced the sale of its 12.5% billion (up from $1.66

Pipeline

Oil Gas Leads

MAY 28, 2025

May 27, 2025 The Hugh Brinson Pipeline, a major natural gas 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. Target Operational Date : Q4 2026. Estimated Investment : $2.7

Pipeline

Oil Gas Leads

APRIL 30, 2025

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

Natural Gas

Oil Gas Leads

APRIL 30, 2025

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). Bcf/d , bringing the LEAP system total to 2.1 Bcf/d , bringing the LEAP system total to 2.1

Midstream

Oil Gas Leads

MARCH 8, 2025

Natural Gas & NGL Infrastructure Expansion ONEOK is expanding its natural gas and NGL (natural gas 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.

Basin

Oil Gas Leads

MAY 7, 2025

On May 1, 2025 , the Railroad Commission of Texas (RRC) issued a significant new permit to WWM Operating, LLC , authorizing operations for the Traverse Pipeline a major gas transmission project set to enhance energy transport capacity across multiple South Texas counties.

Pipeline

Oil Gas Leads

APRIL 2, 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, natural gas-fired power plants, and even data centers. All of this is being built without relying on new debt , using cash flow from existing operations.

Midstream

Oil Gas Leads

MARCH 22, 2025

Vertical Integration for Operational Efficiency U.S. midstream operators are increasingly adopting vertical integration to control the entire value chainfrom gathering and processing to transportation and export. Production The Permian Basin remains the most productive oil and natural gas field in the U.S.

Basin

OilPro

APRIL 1, 2025

North Americas LNG export capacity is set to triple by 2028, reaching nearly 25 bcf/d, with major projects like Golden Pass and Plaquemines leading the way. As export infrastructure expands, so does the need for efficient, reliable pipeline operations. Check our full benefits and uses by clicking here.

Pipeline

Rextag

OCTOBER 29, 2024

The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Beginning operations in early October, the pipeline can transport up to 2.5 Bcf/d of natural gas.

Basin

Oil Gas Leads

MARCH 10, 2025

This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. Pipeline Transportation Crude oil, natural gas, and NGLs move from production sites to storage and processing facilities.

Midstream

Oil Gas Leads

APRIL 25, 2025

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

Natural Gas

Oil Gas Leads

MARCH 11, 2025

oil and gas production , with Energy Transfer reporting a 9% increase in legacy Permian throughput in 2024. Weve seen 10 Bcf of growth over the last four or five years out of the Permian. Bcf/d from Waha, TX, to Maypearl, TX. Bcf/d capacity) expected online by late 2026. Bcf/d) under consideration. Phase 1 (1.5

Energy

Rextag

APRIL 24, 2025

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

Gas

The Energy Law

SEPTEMBER 6, 2007

Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4%

Pipeline