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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.
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.
Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gaspipelines to China Petroleum Pipeline Engineering (CPP) , with part of the work assigned to the State Company for Oil Projects (SCOP).
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.
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.
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.
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 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
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.
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. Without a dedicated gathering network, the product is typically trucked from well pads to rail, marine, or pipeline terminals.
Innopipe is OilPro’s inline gas separator piggable drip system that removes 99% of lliquids from natural gaspipelines. The Innopipe system is your key to revolutionizing natural gaspipeline operations with unparalleled efficiency and cost savings. What Makes Innopipe Unique?
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?
OilPro recently exhibited our Innopipe inline gas separator and piggable drip system at two major conferences. Innopipe separates liquids to produce a primary gas stream that is 99% liquid-free so we were happy to present at two conferences that attracted pipeline owners and oilfield professionals from dozens of countries around the world.
In the context of gaspipelines, a “pipeline drip” refers to a vessel or system designed to collect liquids, such as water and hydrocarbons, that condense out of the gas stream. While pipeline drips are the traditional method for liquids removal, they don’t come without their downsides.
Kazakhstan has increased in February its crude oil and gascondensate production by 13% to a record of 2.12 Excluding gascondensate, Kazakhstan’s crude oil production surged by 15.5% Million bbl/d, Exceeding OPEC+ Quota first appeared on Egypt Oil & Gas. from January to 1.83
As export infrastructure expands, so does the need for efficient, reliable pipeline operations. And now Albertas proven natural gas reserves have been reassessed and increased nearly sixfold to 130 trillion cubic feet. With LNG exports projected to exceed 30 bcf/d by 2030, now is the time to adopt smarter pipeline solutions.
Are you a pipeline owner who would like to learn about a separator that is guaranteed to remove more than 99.9% Introducing Innopipe, the inline gas and liquids separator system from OilPro Oilfield Production Equipment. This Canadian-designed gas/liquid separator is patented and highly efficient.
A slug catcher is a piece of equipment used in the oil and gas industry to separate large volumes of liquid from a gas stream, typically upstream of key equipment such a processing plant or compressor. Separation: It’s essentially a large vessel into which a high-velocity gas-liquid mixture enters.
At Pro-Gas LLC in Dallas, we get that maximizing efficiency in Natural Gas Liquid (NGL) production is crucial for success in today’s competitive energy market. NGLs, valuable byproducts of natural gas processing, represent a significant revenue stream for producers. Their extraction is crucial for several reasons.
Innopipe from OilPro is our inline gas separator and piggable drip system that removes 99.9% of liquids from pipelines. Instead of 1 or more full minutes of gas disengagement time, Innopipe separators need mere milliseconds to separate 99.9% of liquids from the total stream.
At Pro-Gas LLC in Dallas, Texas, we understand the dynamic nature of natural gas production and the constant need for efficient, adaptable, and cost-effective solutions. Portable JT skids are self-contained units designed for natural gas processing, specifically for Joule-Thomson (JT) cooling. What are Portable JT Skids?
(Oil & Gas 360) Q1/25 capital program realized well outperformance averaging 20% above internal type curves (2) , driving estimated average volumes over 41,600 boe/d (1) Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4
At Pro-Gas LLC, we are at the forefront of the dynamic DFW NGL technology sector, constantly evolving to meet the growing demands of the energy industry. The escalating global and local need for these versatile resources necessitates continuous advancements in our methods for natural gas liquid separation.
(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. times net debt/funds flow, which is expected to continue to further strengthen to 0.8
Lets break down what Kimmeridge says about each key basin and their evolving roles in the future of North American oil and gas. Gas-Weighted Play: Strong economics tied to growing LNG demand and export potential. Light Oil & Condensate: Production is rich in high-value hydrocarbons. Technology-Driven: Benefiting from U.S.-pioneered
Natural Gas Liquids (NGLs) ethane, propane, butanes, and natural gasoline are essential to modern life, fueling industries and forming the building blocks for countless products. Meeting the growing demand for NGLs requires increasingly sophisticated natural gas liquid separation methods.
The Chairman of the Egyptian Natural Gas Company (GASCO) Yasser Salah El Din stated that the company is working on several strategic pillars of the Ministry of Petroleum and Mineral Resources (MoPMR), especially in meeting the gas needs of the local market and the country’s economic sectors. He highlighted that 1.9
Our 2023 Corporate Responsibility Report highlights our successes, including our operational results, pipeline safety programs, risk management, and emissions reduction programs, among others. Our condensed report focuses only on updated metrics, new initiatives, and achievements specific to 2023. Also invested $1.6
In a statement posted on its website in February, BP announced a “fundamentally reset strategy” This strategy will see BP grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition, the company noted in that statement.
OilPro shipped out three more 10″ high pressure Innopipe piggable pipeline drips to one of our Central Asian clients this morning from Estevan, Saskatchewan. Soon these units will be mated to their 3-phase collection vessels where we’ll remove liquids from vital gas gathering systems.
The gushers were oil wells where the oil and gas were under so much pressure; they sprang out when the well got drilled. We know how to handle gas and liquids under massive pressure. Also, oil producers have developed ways to extract as much oil and gas from a reservoir as possible even after the initial pressure subsides.
(World Oil) – Drillers in Canadas energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ plan to increase output hammer crude prices. Canada is the worlds fourth-largest oil producer and the fifth-largest gas producer,accordingto the International Energy Agency. ARC Resources Ltd.
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