This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Pakistan’s state-owned Oil & Gas Development Company Limited (OGDCL) has hit a new reservoir of oil and gas at its Faakir-1 wildcat well—an onshore discovery in Sindh province that could help reverse the country’s deepening energy crisis. Drilled to a depth of 4,185 meters, the well tested at 6.4
Pakistan Oilfields Limited (POL) and Oil and Gas Development Company Limited (OGDCL) have announced the successful completion of hydrocarbon production testing at the Makori Deep-03 Development Well in the TAL Block in Khyber Pakhtunkhwa. million standard cubic feet of gas per day (MMSCFD), according to a filing by POL.
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 condensate fields in Turkmenistan. As part of the transaction, XRG and Petronas signed a long-term gas sales agreement (GSA) with Turkmengas.
Iran has awarded US$17 billion of contracts to attempt to reverse a dramatic projected production decline from the worlds biggest gas reservoir. trillion cubic metres (tcm) of gas reserves plus 18 billion barrels of gascondensate. Its South Pars field spans 3,700 square kilometres and holds an estimated 14.2
The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for natural gas, from what is expected to be exceptional levels of condensate-directed Montney drilling in the coming years. This will result in substantial demand growth for in-basin condensate volumes because of increased need for diluent.
Top Crude Oil and Condensate Producer The EI’s latest statistical review of world energy showed that the U.S. was also the world’s top producer of crude oil and condensate. percent of the world’s total crude oil and condensate production last year, the report outlined. According to the report, the U.S.
ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5
Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.
Image by McFranki via iStock In a statement posted on its site recently, the Texas Railroad Commission (RRC) revealed its latest preliminary crude oil and natural gas production figures. The RRC noted in the statement that crude oil and natural gas production for March came from 157,192 oil wells and 83,898 gas wells.
Total oil and condensate production rose to 2.15 In the first half of 2025, Kazakhstan’s crude oil production (excluding condensates) averaged 1.79 This puts Kazakhstan well over its official OPEC+ quota of 1.5 million bpd in June, up from 2.02 million in May. million bpd—up 13% from the same period last year.
Israeli authorities allowed the Chevron-operated Leviathan natural gas and condensate field to restart production, after ordering a pause about two weeks ago amid Israel's exchange of attacks with Iran.
Natural Gas $3.63 -0.14% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS ADNOC's XRG Targets 20-25 MMtpa Gas Portfolio by 2035 by Jov Onsat | Rigzone Staff | Tuesday, June 10, 2025 | 4:15 AM EST XRG set a goal of building a top-five integrated gas and LNG business with a capacity of 20-25 MMtpa by 2035.
Alberta has reported oil, condensate, and gas; full Alberta NGL data (including pentane) and marketable gas is due out in a couple weeks. Initial production data is out for February in Alberta. BC and Saskatchewan are yet to report.
In the dynamic and demanding world of natural gas processing, the pursuit of efficiency is relentless. In the practical world of gas processing, however, it is a workhorse—a reliable and efficient method for chilling a gas stream simply by reducing its pressure.
In natural gas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before natural gas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids.
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).
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. The highly prospective, gas-charged fault block associated with the company’s flagship Kiskunhalas Trough asset extends southwest into the KCA.
OilPro is constantly on the lookout for new solutions that help those in the oil & gas business do business better. With that in mind, OilPro now offers condensate recovery solutions that do exactly that. What is the purpose of a condensate recovery solution? What is the purpose of a condensate recovery solution?
(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. The gas could also be used for power to support data centers. Exxon and its partners in Guyanas oil projects, U.S.
Alberta has reported oil, condensate, and gas; full Alberta NGL data (including pentane) and marketable gas is due out in a couple weeks. Initial production data is out for April in Alberta.
At the very heart of this progress lies a critical, often overlooked process: fuel gas conditioning. It is the essential step that ensures the natural gas powering everything from massive power generation turbines to critical industrial engines is clean, dry, and delivered at the precise specifications required for optimal performance.
The company delivered a 20-MW steam turbine, including a generator, condenser, and other accessories, to the newly […] The post New Combined Cycle Power Plant in Thailand Features Doosan koda Power Technology appeared first on POWER Magazine. Doosan koda Power has successfully completed the Rayong project in Thailand (Figure 1).
Scheduled to be operational in mid-2021, the station will refuel vehicles powered by liquified petroleum gas (LNG) and compressed natural gas (CNG). The cryogenic condenser will enable boil-off gas […]. sk-Osowa, Poland.
(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. billion cubic feet (BCF) natural gas and 66.5 million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked).
The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5
Production of Opec NGLs and condensate increased to new record highs in 2024, with the gas byproducts exempt from production cuts. Gains are set to accelerate in the coming years, with Saudi production alone set to increase by 60% by 2030.
Insights on WCSB Oil Production Pipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets.
(Oil & Gas 360) – CanCambria Energy Corp. investors seeking investment opportunities in early-stage European appraisal and development projects, and access more broadly to the European natural gas market. is a Canadian-based exploration and production company specializing in tight gas development.
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.
private) (N/A – private; high gas focus) (N/A – private) ~7–9 rigs in Oklahoma (2025) (21 wells drilled in 2023) Note: MBOE/d = thousand barrels of oil equivalent per day. Indeed, industry data indicates Ovintiv added an extra rig in Oklahoma early 2025 as gas prices improved.) Liquids” includes crude oil and NGLs.
Condensate, Contiguity, and Competitive Returns The volatile oil window of eastern Ohio — covering counties like Carroll, Guernsey, Harrison, and Noble — has seen a sharp rise in condensate production. Why the Utica?
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.
Opec+ constraints will cap Omans crude output at 800,000 b/d even after additional voluntary cuts ease leaving Muscat reliant on gas-linked condensate output for near-term liquids gains.
(Oil & Gas 360) CanCambria Energy Corp. billion cubic meters of natural gas, was brought to the surface from Hungarian fields.” is a Canadian-based exploration and production company specializing in tight gas development. Last year, more than a fifth of annual consumption, nearly 1.9 CanCambria Energy Corp.
announced a definitive agreement to acquire substantially all of Plains All American Pipeline’s Canadian natural gas liquids (NGL) business, along with select U.S. Keyera Corp. assets, for a total cash consideration of C$5.15 billion (US$3.76 logistics components.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. The evaluation confirms that theCane Creekreservoir is highly productive and potentially ranks alongside some of the most productive oil and gas plays in theU.S.
Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the Mistral Sr exploration well in the Halten area, situated in the southern part of the Norwegian Sea.
Oil and gas is a complex landscape of processes, each playing a crucial role in ensuring the safe and efficient delivery of energy resources to homes and businesses worldwide. One critical, yet often overlooked, component in this journey is the field gas conditioner, also known as a JT skid. What is a Field Gas Conditioner?
The deal doesnt cover condensate production and has no limits on it. million tons of crude oil and condensate in 2025, or about 2 million bpd, which would be 9.7% 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.
The first South Pars Gas Refinery achieved strong operational performance during the Iranian year 1403 (March 2024 March 2025), producing over 10 billion cubic meters (bcm) of sweetened gas, according to a report by SHANA. In addition to sweetened gas, the refinery also produced over 7.26
Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS North America Drops More Rigs by Andreas Exarheas | Rigzone Staff | Monday, June 09, 2025 | 10:13 AM EST North America cut two rigs week on week, according to Baker Hughes' latest North America rotary rig count. Of the total U.S.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content