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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.
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.
producers and pipelineoperators to revisit plans for new infrastructure in Appalachia—the country’s most productive gas region. Reviving Cancelled Projects Williams is reviving two major pipelines once scrapped due to tough permitting battles: Constitution Pipeline (0.65 Over 80% of the 4.6 million U.S.
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. Over the next decade, the Haynesville is anticipated to experience underutilized pipeline capacity, according to EIR reports.
(Oil Price) –Canadas pipeline giant Enbridge Inc. reported on Friday record quarterly earnings for the first quarter of the year as it moved a record-high volume of liquids on its huge Mainline pipeline system in North America. bcf/d natural gas pipeline connecting Permian supply to Katy. billion (C$2.2
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.
export pipelines. 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. Operational hiccups: Startup is not at full capacity due to line issues, but the commissioning timeline remains intact. Trade flow shift: With Canadian gas exports to the U.S.
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 project will be operated by the joint venture Cuu Long Joint Operating Company (Cuu Long JOC), which is the second largest oil exporter in the country.
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%
This innovative system upgrades methane emitted from landfills into pipeline-quality biomethane, which can be injected directly into the gas grid. As of April 2025, Waga operates or is building 50 production units across Europe and North America, with a total commercial pipeline of 16.8 Bcf/d beginning in 2027.
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.
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. Devon Energy Corp.
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. Target Operational Date : Q4 2026. Phase I : A 42-inch mainline capable of moving 1.5 Site is on the left.
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 pipelineoperations. Check our full benefits and uses by clicking here.
Kinder Morgan has unveiled plans to construct the Trident Intrastate Pipeline, a $1.7 The pipeline will have a capacity of 1.5 Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. These initiatives are progressing and will drive substantial growth once operational.
Q1 2025 Financial Highlights DTM kicked off the year with robust financial momentum: Net Income : $108 million Adjusted EBITDA : $280 million Pipeline Segment : $197 million Gathering Segment : $83 million Distributable Cash Flow (DCF) : $250 million Operating Earnings per Share (EPS) : $1.06
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. 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.
Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% Furthermore, the company announced a strained operating condition warning, which was cancelled on September 3. – Transco Gas Pipeline Corporation released a notice on September 4 regarding firm backhaul transportation service for winter 2007-2008.
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.
Leading companies are aggressively expanding and integrating their gathering, processing, pipeline, and export infrastructure. Companies are taking full control of the supply chain from gathering and processing to pipeline transportation and export terminals to streamline operations and capture higher margins.
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. Bcf/d by the end of 2025, midstream operators are aggressively expanding infrastructure to capture this growing supply.
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. Bcf/day, while consumption dropped to 103 Bcf/day due to warmer weather reducing residential and power demand. Read more U.S.
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 Bcf/d by 2026.
West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Bcf/d in 2025. Additional crude and NGL gathering expansions.
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 Bcf/d by 2026.
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
Occidental Petroleum & Ecopetrols Partnership: Occidental Petroleum (Oxy) continued to expand its Permian operations through a joint venture with Colombian oil company Ecopetrol. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 Bcf/d of takeaway capacity. MMBbl/d , a 0.3 MMBbl/d , a 0.3
It was another exciting and successful year for Energy Transfer and Sunoco, with everything from impactful acquisitions and a major pipeline deal to sports sponsorships and record-breaking donations. Bcf/d, and two additional processing plants that are under construction. 2024 is almost in the books! In a deal valued at $7.3
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.
Read more Natural gas prices tick up despite another triple-digit build Summary : Natural gas prices rose slightly to $3.447/Mcf despite a 101 Bcf storage build, exceeding the 99 Bcf forecast and marking the fifth straight triple-digit weekly increase. Total stocks reached 2,476 Bcf, 11.3% Bcf/day and demand dipped to 97.3
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