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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 drygasoperations 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.
(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. IKAV remains firmly committed to the belief that the world needs access to affordable and reliable energy.” Register to attend.
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.
Through definitive agreements to acquire oil and gas assets from Sabinal Energy, LLC and IKAV Energy Inc. Mach is entering the Permian Basin and San Juan Basin , complementing its existing Mid-Continent operations. in Transformative Acquisitions appeared first on Oil Gas Leads. million net acres —a 33% increase.
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.
We see good and bad news for Canadian gas producers trying to capitalize on increased oil sands production over the next four years, said Trevor Rix, a director at EIR and lead author of the new report. The good news is that prices for condensate produced by many operators alongside natural gas volumes will likely be quite robust.
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.
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.
As Montney E&Ps pivot towards condensate-directed drilling, they will likely produce large quantities of associated gas. This could lead to an oversupply of cheap gas, putting downward pressure on AECO hub prices. Figure 2: Canadian bitumen, condensate and associated gas growth projections through 2030.
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. billion compared to $3.6 Adjusted EBITDA was $1.1
Additionally, they offer an opportunity to expand John Cranes drygas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations. Our asset management solutions will enhance our customers operational efficiency and reliability, ensuring long-term success.
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 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
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.
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.
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.
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. The name “JT skid” is derived from the Joule-Thomson effect , a fascinating thermodynamic principle that underpins the system’s operation.
Investors await monthly reports from the International Energy Agency and OPEC for demand and supply forecasts amid ongoing geopolitical tensions. drygas production rose 2.1% Bcf/d, and the gas rig count increased by three to 102 rigs as producers capitalize on higher prices. energy industry. In response, U.S.
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