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Its South Pars field spans 3,700 square kilometres and holds an estimated 14.2 trillion cubic metres (tcm) of gas reserves plus 18 billion barrels of gas condensate. Iran has awarded US$17 billion of contracts to attempt to reverse a dramatic projected production decline from the worlds biggest gas reservoir.
Israeli authorities allowed the Chevron-operated Leviathan natural gas and condensatefield to restart production, after ordering a pause about two weeks ago amid Israel's exchange of attacks with Iran.
XRG, the newly created energy investment firm of Abu Dhabis national oil company ADNOC, has taken a 38% stake in a production sharing contract for an offshore block of gas and condensatefields in Turkmenistan. As part of the transaction, XRG and Petronas signed a long-term gas sales agreement (GSA) with Turkmengas.
Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field, Kazakhstans Energy Minister Erlan Akkenzhenov said on Friday, in yet another snub at OPEC+ quotas. million tons of crude oil and condensate in 2025, or about 2 million barrels per day (bpd), which would be 9.7%
Total oil and condensate production rose to 2.15 Most of the increase came from Tengiz—the Chevron-led mega-field—where output surged from 813,200 bpd in May to 953,000 bpd in June. In the first half of 2025, Kazakhstan’s crude oil production (excluding condensates) averaged 1.79 million bpd in June, up from 2.02
The deal doesnt cover condensate production and has no limits on it. Last week, Akkenzhenov said that Kazakhstan is likely to top its oil production plan this year, due to the expansion of the Chevron-led Tengiz field. million tons of crude oil and condensate in 2025, or about 2 million bpd, which would be 9.7%
Central Asias largest oil producer will pump a daily average of 277,000 metric tons of crude and condensate in May, the same level as in April, and compared with 260,000 metric tons in March, the Astana-based Energy Ministry said by email. Kazakhstan typically pumps about 260,000 barrels a day of condensate, which is a type of a light oil.
Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China Petroleum Pipeline Engineering (CPP) , with part of the work assigned to the State Company for Oil Projects (SCOP).
As the block’s operator, Inpex said it discovered multiple conventional oil, condensate and gas layers through the drilling of exploratory wells conducted since May 2021. The natural gas used as a raw material in the process is domestically sourced from the Inpex-operated Minami-Nagaoka Gas Field in Niigata Prefecture.
Once the prospective area is fully interpreted, a resource assessment will be conducted to support the addition of new well locations to the field development plan (FDP). CanCambria has licensed high-quality 2011 vintage 3D seismic over the area and is preparing to reprocess and merge with new proprietary 3D data volumes.
One critical, yet often overlooked, component in this journey is the field gas conditioner, also known as a JT skid. Join us as we delve deep into the world of field gas conditioners, exploring their functions, benefits, and the crucial role they play in the oil and gas value chain. What is a Field Gas Conditioner?
million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). MMBBL condensate/NGL. CanCambrias Field Development Plan (FDP) comprises a total of 100 wells, with two phases each comprising 50 well tranches. The CHPE best estimate for Contingent Resource volumes (2C Development Pending) is 627.4
.” State 36-2R well evaluation The Zephyr team has conducted an integrated post well evaluation incorporating all geological, geophysical and engineering data gathered from the State 36-2R well and from the greater field area. Gross Recoverable Condensate (MMBC) 3.5 Net Recoverable Condensate (MMBC) 2.7
Elevated condensate-yields were observed (in a range of 60-200 barrels of oil (“bo”) per million standard cubic feet (“mmscf”) with an 85 bo/mmscf average). Water cut was less than 0.5%
In its statement, the RRC highlighted that crude oil production reported by the RRC is limited to oil produced from oil leases and does not include condensate, which the organization said is reported separately by the RRC.
In May XRG said it had obtained a 38 percent stake in the Block I gas and condensatefields on Turkmenistan’s side of the Caspian Sea. XRG said it has also carried over ADNOC’s investments in Rio Grande LNG in the United States and the Absheron gas field in Azerbaijan.
Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. Khor Mor field development The companies announced that daily production from Khor Mor in early March reached 525 MMscfd of natural gas, a growth of 75% since 2017, in addition to 15,200 b/d of condensate, and 1,070 t/d of LPG.
billion cubic meters of natural gas, was brought to the surface from Hungarian fields.” Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe.
The workshop discussed the future of the Zohr field project and production sustainability, with a focus on the third phase of the project. This phase involves the use of a floating processing unit in the offshore well area, located 220 km from the shore, to separate natural gas and condensates.
Saudi Arabia is home to the Jafurah gas field, the largest liquid-rich shale gas play in the Middle East, estimated to contain more than 200 trillion scf of gas and 75bn bbl of condensates. Unlocking the potential The countries of the region are keen to unlock the potential of their unconventional oil and gas resources.
Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5 paid C$12,016 per hectare for land in the Fort Kent field, the highest price for oil sands land since 2007. million net acres across the Alberta Montney and Kaybob Duvernay formations.
Receiving approval for our initial appraisal well in the field is a significant milestone for CanCambria and we are excited to be able to commence drilling in the coming months. The Company has submitted its drilling application to the Directorate for its second appraisal well, CC-Ba-E-3, and expects to receive the permit in due course.
billion euros for a stake in the Yuzhno- Russkoye oil field, one of Russias largest, in 2017, saying at the time that it could add 100,000 barrels of oil equivalent (boe) per day to its production. OMV Putin also ordered the transfer of OMV stakes in Russian ventures in December 2023. OMV paid 1.75
The Low-Temperature Separator (LTS): The now frigid, two-phase stream (gas and condensed liquids) enters the LTS. In this vessel, the temperature is low enough that the heavier hydrocarbon components (the NGLs like propane, butane, and pentane) and any water vapor have condensed into a liquid state.
Abdel Moneim stated that in the field of exploration and discovery, Khalda Petroleum Company achieved 10 oil discoveries during the first half of the current fiscal year. Additionally, 60 recompletion operations were carried out, resulting in an achievement rate of 87% for crude oil and condensates, and 86% for natural gas.
For example, the URL found at NSTA Field Production, PPRS (WGS84) is [link]. In this case, we have: [link] Once there, make a note of the Fields shown on the page and make a list of the fields you need for your report. Out Fields comma-separated list of field names you want to have included in your table.
billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest. “This is expected to accelerate evaluation of development opportunities for the block, on which a first well drilled in 2021 encountered gas condensate resources,” BP noted.
. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. NI 51-101 includes condensate within the NGLs product type.
In the field of developing the national grid infrastructure, the Chairman explained that GASCO is working to expedite the implementation of the necessary pipelines to add new gas entry and receipt points to the grid from the new gasification ships that will operate during the summer in Al-Sokhna region. He highlighted that 1.9
The industry is no longer dealing exclusively with conventional natural gas from well-established fields. The dew point is the temperature at which water vapor and heavy hydrocarbons contained in a gas will condense into a liquid form at a given pressure.
The acquisition further consolidates assets in core counties in the CBP defined by shallow declines, high margin production and undeveloped inventory that immediately competes for capital, and provide for near-term opportunities for field level synergies and cost savings.
Removing NGLs prevents condensation and two-phase flow issues, protects downstream equipment, and ensures a consistent heating value of the sales gas. This process chills the inlet natural gas stream to extremely low temperatures, causing NGLs to condense and separate from the methane-rich gas.
Continental’s Oklahoma production is a mix of crude oil and rich gas; the SCOOP, for example, yields significant natural gas and condensate, while the STACK areas yield more oil and NGLs. For instance, in 2021–22 when public, Continental was spending nearly half its drilling budget in Oklahoma.
This involves chilling natural gas to very low temperatures to condense NGLs, which are then separated and fractionated. The Emergence of Membrane Separation NGL Technology Membrane separation NGL technology is a rapidly advancing field. Common configurations include the Gas Subcooled Process (GSP) and Recycle Split Vapor (RSV).
As the air cools and loses its ability to hold moisture, the condensate exits through a separator. Glue is never in contact with process fluids. A) Brazed units are suitable for these applications As a refrigerated air dryer, BPHE units separate humidity from compressed air by cooling the air in an evaporator. continue)
At offshore fields, water is abundantly available and at onshore fields drillers often use the water that comes out of the well along with the oil instead of disposing of it. Nitrogen and dry gas a gas that is found without condensates or other liquid hydrocarbonsare commonly used as immiscible gases in gas injection recovery.
In addition, we identified the opportunity to increase injection and production in the Oungre and Torquay fields by separating produced water from each formation, since combining the fluids creates an unusable emulsion. This news release uses the term capital expenditures which is a non-GAAP financial measures.
crude oil production, including lease condensate, rising to an average of 13.42 field production of crude oil, which was last updated on June 30 and which includes data from January 1920 to April 2025, showed that monthly U.S. field production of crude oil has averaged 13 million barrels per day or more on 20 occasions.
million bpd of crude and condensate and exports 2.6 million bpd of crude oil, condensate and refined products. Iran’s hydrocarbon production facilities are primarily concentrated in the southwest, in the Khuzestan province for oil and in the Bushehr provinces for gas and condensate from the giant South Pars field.
Since then, Iran developed new fields producing crude suited for Chinese refineries. Iran introduced new crude blends for Chinese demand, closed older heavy crude fields, and shifted to West Karun fields near Iraq. This strategic move helps bypass sanctions while Iraq cannot benefit from these fields.
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