Remove BCF Remove Operator Remove Upstream
article thumbnail

Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

oil production and one fifth of natural gas—declined by more than 50% during the 2022-2024 period as improved operations, better equipment and the utilization of AI and other advanced technologies led to reductions across all observable plume rates (large and small), according to a new analysis by S&P Global Commodity Insights.

E&P 130
article thumbnail

U.S. Rig Activity Rebounds Amid Rising Natural Gas Prices – Baker Hughes

Oil Gas Leads

While oil rig counts continued to slip, steady activity in key basins like the Haynesville and a sharp uptick in states like Kansas signal a potential turning point for upstream operations heading into the second half of 2025. Bcf/d in 2025 from 103.2 Bcf/d in 2025 from 103.2 Bcf/d in 2025 from 103.2

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Commonwealth LNG Gets Final Export Permit

Rigzone

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 80
article thumbnail

Upstream Production Report: 2022 vs. 2023 vs. 2024 – Main Basins, Operators, Oil vs. Gas

Rextag

This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output.

Basin 59
article thumbnail

Tellurian Upstream Sale: On To Greener Pastures

Novi

Aethon has agreed to purchase Tellurians upstream assets for (US) $260MM below street estimates, which ranged from $270MM to $500MM. Despite the market’s dislike of the purchase price, Tellurians upstream assets were in the middle of the pack. Mcf, and operating costs were set to $0.80/Mcf. Bcf/d in Q1/24.

article thumbnail

Haynesville Shale YoY Surge: Well Permits Up 11% in Early 2025—Operators Stay Bullish

Oil Gas Leads

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.

article thumbnail

🚀 Powering the North American LNG Boom with Smarter Pipeline Solutions. 🚀

OilPro

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.