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million gain on commodity derivative instruments. Bcfe for Q1 also boosted results for the Marcellus and Utica naturalgas producer. Gas sales totaled 156.3 Bcfe, naturalgas liquids (NGLs) 11.1 Bcfe, and oil and condensate 0.2 Gas averaged $2.84 Oil and condensate sold for $8.74
In naturalgas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before naturalgas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids.
In the dynamic and demanding world of naturalgas 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.
Crude and condensate production slumped to 1.63 Naturalgas output was almost 3.6 The debt offering, disclosed in a filing July 22, will consist of dollar-denominated debt maturing August 2030, in the form of amortizing pre-capitalized securities, or P-Caps, a type of instrument used in asset-backed finance.
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.
. (“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.
The laboratory is equipped with advanced proprietary instrumentation designed to provide comprehensive core and fluid analysis services tailored to unconventional reservoirs. While Abu Dhabi holds an estimated 220 bbl of unconventional oil and 460 Tcf of unconventional gas in place.
Over and above the hedges in place at year end 2024, the Company secured collars on 5,000 bbl/d of oil through the balance of 2025 at a floor price of C$100/bbl and a ceiling of C$110/bbl, along with additional naturalgas hedges for 2025, 2026 and into Q1 2027, at prices ranging from $2.00/GJ GJ to $3.35/GJ.
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