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Intelligent power management company Eaton is working with the Tennessee Valley Authority (TVA) to repurpose the utility’s retired Bull Run Fossil Plant in Clinton, Tennessee, into a critical asset supporting reliable and clean energy.
Developing and implementing a robust safety and risk management program. Developing and implementing a strategy for managing and reducing carbon emissions. With that in mind, OilPro now offers condensate recovery solutions that do exactly that. What is the purpose of a condensate recovery solution?
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. CPP manages net assets of $26.4 Why the Utica? billion (CA$36.3B) globally in the sustainable energy space.
Explore the impact of increased oil sands production on the Canadian condensate and AECO gas markets. This surge will create a significant need for condensate, particularly from the Montney play in Alberta and B.C. However, this increased demand for condensate will also have implications for AECO hub gas pricing.
. (“Vermilion”, “We”, “Our”, “Us” or the “Company”) (TSX: VET) (NYSE: VET) is pleased to report operating and condensed financial results for the three months endedMarch31, 2025.
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). By John Lee.
. (“Vermilion” or the “Company”) (TSX: VET) (NYSE: VET) will release its 2025 first quarter operating and condensed financial results on Wednesday, May 7, 2025 after the close of North American markets.
The following Press Release should be read in conjunction with the managements discussion and analysis (MD&A) and the unaudited condensed consolidated financial statements and notes thereto [Read more]
billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of condensate at the Longtail project, per the request for environmental authorization from Guyana seen by Reuters. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5
million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). MMBBL condensate/NGL. 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.
Management estimates of gas estimated ultimate recovery (EUR) for the State 36-2R well range from 4-6 billion cubic feet (“BCF”) (0.9 BCF/1000 feet (‘) of perforated interval) and between 160,000 and 240,000 barrels of condensate, equivalent to a total range of 0.827 to 1.24 Gross Recoverable Condensate (MMBC) 3.5
As companion documents to this news release, please review the Company’s management discussion and analysis (MD&A) and condensed consolidated interim financial statements for the first quarter 2025 (available [Read more]
The unaudited interim condensed consolidated financial statements and related management’s discussion and analysis (“MD&A”) are available on SEDAR+ at [Read more]
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.
For engineers and project managers across the Texas energy landscape, the core challenge remains the same: how to maximize the recovery of valuable products, meet stringent quality specifications, and maintain cost-effectiveness. The Low-Temperature Separator (LTS): The now frigid, two-phase stream (gas and condensed liquids) enters the LTS.
. (“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. Under the terms of the Agreement, Veren shareholders will receive 1.05
With Instant Analyst – Courthouse , the first AI-powered solution designed for title researchers to tackle the increasing complexity of courthouse documents, Enverus customers can now obtain accurate summaries and critical details by analyzing and condensing information from more than 350 million records.
The existing Whitecap management team will lead the organization, with Grant Fagerheim continuing as President and CEO and Ken Stickland serving as Board Chair. Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5
High-Quality Rock, Diverse Windows: From oil to condensate to dry gas, the basin offers commodity flexibility. Compression Capacity: The Crossroads facility will help manage rising gas-to-oil ratios, enabling sustained high-rate production as reservoir pressure declines.
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.
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 project will also install high-efficiency, next-generation heat pumps with a total capacity of 5 MW and condensing boilers with a combined capacity of 4.6 Modine is a multinational developer of heat exchange solutions for commercial, industrial and mobile systems. GW, according to Eni.
Company management believes Adjusted EBITDA is relevant and useful because it helps investors understand Rings operating performance and makes it easier to compare its results with those of other companies that have different financing, capital, and tax structures. Source: Ring Energy, Inc. Released April 1, 2025
Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. Pemex produced crude oil and condensate of 1.62 The monthly level is the lowest since current record system began in 1990.
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. The workshop discussed the future of the Zohr field project and production sustainability, with a focus on the third phase of the project.
In a JT skid, this principle is harnessed to cool and condense the gas, facilitating the separation of liquids and impurities. These components have a tendency to condense as the gas cools during transportation, forming liquids that can wreak havoc on pipelines and downstream equipment.
This slug can cause significant damage to downstream equipment if it’s inflow is not managed actively. Optimized flow rates: Effective slug management ensures consistent fluid flow, enhancing overall operational efficiency in downstream equipment with narrow operating bands and limited turndown.
Instead, it is a complex mixture often saturated with water vapor, entrained liquid hydrocarbons (condensate), and solid particulates like sand, rust, and drilling debris. Liquid Level Management: Ensuring proper operation of liquid level controls and dump valves to prevent liquid carryover downstream. vanes, baffles).
million cubic feet of gas per day (mscf/d), and the AHMOS-3X well with a production capacity of 28 mscf/d of gas and 153 barrels of condensates, in addition to the WD-9-E1X well with a production capacity of 1,710 bbl/d of oil. As for the second half of the current fiscal year, it is planned to drill 29 crude oil and natural gas wells.
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.
EOG typically uses words such as expect, anticipate, estimate, project, strategy, intend, plan, target, aims, ambition, initiative, goal, may, will, focused on, should and believe or the negative of those terms or other variations or comparable terminology to identify its forwardlooking statements.
Light Oil & Condensate: Production is rich in high-value hydrocarbons. Gas & Condensate-Heavy: Attractive to companies with LNG ambitions or condensate blending strategies. Uinta Basin (Utah) The Emerging Sleeper Rarely mentioned in past shale conversations, the Uinta Basin is quickly rising in strategic importance.
In the context of gas pipelines, 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. Hilly topography where liquids can collect in low areas, causing slug formation -Managing slug flow within a pipeline gathering system.
Innopipe enhances natural gas pipeline efficiency and longevity by eliminating liquids like water, condensates, and chemicals, leading to improved flow, reduced corrosion, and minimized maintenance Innopipe Is Different From Traditional Equipment Innopipe separators remove fluids from anywhere liquids are present in natural gas lines.
Senate Bill 1806 addresses regulations concerning the inspection, sale, and management of petroleum products, oil and gas equipment, and oil and gas waste. It amends existing criminal procedures and establishes new definitions and procedures particularly focused on petroleum products, such as crude oil and condensate.
Coterra’s portfolio flexibility was highlighted by management – they curtailed Marcellus drilling in 2024 and can similarly adjust Oklahoma activity up or down. Continental’s management has expressed long-term confidence in Oklahoma’s geology.
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. The proceeds will be used to finance these near-term growth opportunities and for general corporate purposes.
Once considered a mature and declining conventional oil play at the start of the 21st century, the Permian has grown into a global energy giant, second only to Saudi Arabia in crude oil and condensate production. In 2025, crude and condensate output is projected to rise by 200,000 barrels per day (b/d), reaching 6.6 million b/d.
The disclosure under this Non-GAAP and Other Financial Measures section, including non-GAAP financial measures and ratios, capital management measures and supplementary financial measures in the Companys condensed consolidated interim Financial Statements and MD&A are incorporated by reference into this news release.
Give a gift subscription 2- Payment System Iran and China have refined their methods to bypass sanctions, using technology, fleet management, and a payment system independent of the international financial system and U.S. Condensate exports also declined. Oil exports now focus on lighter, medium crudes, reducing heavy grades.
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