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Hart Energy reports that Expand Energy, formed by the combination of Chesapeake Energy and Southwestern Energy, drilled a massive 5.6-mile mile lateral in northern West Virginias dry-gas Uticaand it was drilled in five days with just one bit run. The post Expand Energy Drilled 5.6-Mile
natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. EIA projected drygas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105.9 bcfd in 2025 and 106.4
John Crane, a global leader in rotating equipment solutions and part of Smiths Group plc, has unveiled the Type 93AX Coaxial Separation Seal, a cutting-edge drygas sealing solution designed to help customers reduce emissions, enhance equipment reliability, and lower operational costs.
Among the matters discussed was a proposal from Chinese firm Tsingshan Holding Group , which expressed interest in drygas operations at the Basra Industrial City Project, as well as in a sulphur investment project at the "Al-Lazzaka 2" field [Al-Lazakah, Allizaqa ] field [in Nineveh Governorate], and in iron ore extraction.
natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Thursday. EIA projected drygas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105.3 bcfd in 2025 and 107.1
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. Due to insufficient growth within the highest-yielding condensate regions of the Montney gas play in B.C.
natural gas output and demand will both peak in 2032, the Energy Information Administration (EIA) said in its Annual Energy Outlook (AEO) on Tuesday. The EIA projected that in 2032, drygas production will reach 119.0 billion cubic feet per day (bcfd) and demand will reach 92.4
As a trusted natural gas supplier, we’re often asked: What exactly does natural gas do in a home? Natural gas is one of the most efficient, reliable, and cost-effective energy sources available, and it plays a crucial role in everyday comfort and convenience for millions of households.
Iraq's Ministry of Oil is progressing with the implementation of a drygas pipeline to support power generation, following directives from Deputy Prime Minister for Energy and Oil Minister Hayan Abdul Ghani. By John Lee. Work is progressing rapidly, meeting engineering and technical standards.
In its latest June 2025 Short-Term Energy Outlook , the U.S. Energy Information Administration (EIA) delivered a sobering update on the Eagle Ford Basin—once a crown jewel of U.S. Gas Forecast One of the most significant adjustments in the June forecast was a 700 MMcf/d reduction in the EIA’s 2026 U.S. shale development.
E&Ps are increasingly moving out from the core producing acreage and exploring new frontiers, including the far western part of the dry-gas shale play. Wrangling gas from this prospect is challenging, with deeper, high-pressure reservoirs, temperatures up to 450F and wells drilled to extreme depths of up to 19,000 feet.
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 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?
Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S.
On November 6, Energy Transfer reported its financial results for the third quarter of 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea, and CFO Dylan Bramhall. This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA over Q3 2023. Energy Transfer reported net income of $1.18
billion acquisition of Encino Acquisition Partners (EAP), a joint venture between Encino Energy and Canada Pension Plan Investment Board. The company will gain exposure to both the liquids-rich and drygas windows, with firm transportation to premium marketsenhancing revenue predictability and price realizations.
On February 11, Energy Transfer reported its financial results for the fourth quarter and year ended 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea. This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA compared to Q4 2023.
As the oil and gas industry continues to navigate commodity price volatility and evolving regulatory landscapes, the recent transfer of air permits from Sage Natural Resources LLC to EagleRidge Energy underscores a broader trend in the Barnett Shale: operational consolidation and strategic repositioning.
Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S.
Additionally, they offer an opportunity to expand John Cranes drygas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations. Goals include improving equipment efficiency, reducing risks, ensuring financial accuracy through precise asset valuation, and supporting asset lifecycle decisions.
In a new white paper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Gas-Weighted Play: Strong economics tied to growing LNG demand and export potential.
March 10, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Investors await monthly reports from the International Energy Agency and OPEC for demand and supply forecasts amid ongoing geopolitical tensions. natural gas prices, up 160% in a year to $4.26
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