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It says the Ministry has raised associated gas capture from 53% to 70%, and drygas production from 1,300 to 1,800 million standard cubic feet per day (mmscfd). In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025.
Magnolia Oil & Gas: All Eyes on Giddings Magnolia has committed heavily to its Giddings Field assets, which are centered in the Austin Chalk. The field accounted for 77% of the companys Q4 2024 production, averaging 71,800 boe /d. Its overall Eagle Ford gas output stood at 573 MMcf /d. Why the Austin Chalk?
Magnolia Oil & Gas: All Eyes on Giddings Magnolia has committed heavily to its Giddings Field assets, which are centered in the Austin Chalk. The field accounted for 77% of the companys Q4 2024 production, averaging 71,800 boe /d. Its overall Eagle Ford gas output stood at 573 MMcf /d. Why the Austin Chalk?
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