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As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall.
Iraq's Ministry of Oil is progressing with the implementation of a drygas pipeline to support power generation, following directives from Deputy Prime Minister for Energy and Oil Minister Hayan Abdul Ghani. By John Lee. Work is progressing rapidly, meeting engineering and technical standards.
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. Gas Forecast One of the most significant adjustments in the June forecast was a 700 MMcf/d reduction in the EIA’s 2026 U.S.
This was offset by lower IT utilization in drygas areas due to the lower gas prices and weaker spreads. Intrastate Natural Gas. Strategic Highlights In July 2024, Energy Transfer completed the acquisition of WTG Midstream Holdings LLC.
This was partially offset by decreased volumes in drygas regions as a result of low natural gas pricing and increased operating expenses from recent acquisitions. Adjusted EBITDA was $760 million compared to $775 million for the fourth quarter of 2023.
Its overall Eagle Ford gas output stood at 573 MMcf /d. In a move that validated the assets potential, TotalEnergies acquired a 45% stake in Lewis' drygas portfolio last year. Improved horizontal drilling, well completions, and analytics are helping operators unlock the Chalks complex geology. Why the Austin Chalk?
Its overall Eagle Ford gas output stood at 573 MMcf /d. In a move that validated the assets potential, TotalEnergies acquired a 45% stake in Lewis' drygas portfolio last year. Improved horizontal drilling, well completions, and analytics are helping operators unlock the Chalks complex geology. Why the Austin Chalk?
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