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natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. EIA projected drygas production will rise from 103.2 Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. billion cubic feet per day (bcfd) in 2024 to 105.9
mile lateral in northern West Virginias dry-gas Uticaand it was drilled in five days with just one bit run. Hart Energy reports that Expand Energy, formed by the combination of Chesapeake Energy and Southwestern Energy, drilled a massive 5.6-mile The post Expand Energy Drilled 5.6-Mile
natural gas output and demand will both rise to record highs in 2025, the U.S. EIA projected drygas production will rise from 103.2 Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. billion cubic feet per day (bcfd) in 2024 to 105.9 bcfd in 2025 and 106.4 bcfd in [Read more]
Natural gas is one of the world’s most important energy resources—cleaner-burning than coal and oil, and a reliable source of heat, electricity, and industrial power. Let’s explore where natural gas is found, both on a global scale and right here in the U.S. become a net exporter of natural gas in recent years.
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. EIA projected drygas production will rise from 103.2 Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Thursday. billion cubic feet per day (bcfd) in 2024 to 105.3 bcfd in 2025 and 107.1 bcfd in [Read more]
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 part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall.
(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. First quarter 2025 average production was approximately 11 Mboe/d, of which 98% was liquids, 2% was natural gas. Register to attend.
The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators. 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.
Through definitive agreements to acquire oil and gas assets from Sabinal Energy, LLC and IKAV Energy Inc. Oil & Gas Texas Operator Account Directory – $10 Purchase Now Includes: Account Name, Location, Phone, Website, Wells Drilled… Key Deal Highlights: $1.3B
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. The short answer—quite a lot.
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.
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.
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.
The company will gain exposure to both the liquids-rich and drygas windows, with firm transportation to premium marketsenhancing revenue predictability and price realizations. EOG Resources (NYSE: EOG) is making a bold move into the Utica Shale with its $5.6 With this acquisition, EOGs Utica footprint grows to 1.1
Additionally, they offer an opportunity to expand John Cranes drygas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations.
These sites were primarily permitted under the Permit by Rule (PBR) mechanism, streamlining approvals for routine oil and gas equipment. Locational Importance: Staying Close to the Core The transferred sites are strategically located within the heart of the Barnett Shale , one of the most mature natural gas plays in North America.
Gas-Weighted Play: Strong economics tied to growing LNG demand and export potential. As global gas demand rises and North American LNG expands, the Montney is ideally positioned to benefitespecially if Canadian pipeline politics loosen under new leadership. Efficiency: Among the lowest breakeven costs in North America.
Leading producers include: EOG Resources SM Energy Magnolia Oil & Gas Lewis Energy Group Crescent Energy Kimmeridge Texas Gas (KTG) GeoSouthern Energy II New entrants like Black Mountain Oil & Gas , Rosewood Resources , and Mitsui E&P USA have also joined the play, according to Texas Railroad Commission (RRC) filings.
This was offset by lower IT utilization in drygas areas due to the lower gas prices and weaker spreads. Intrastate Natural Gas. 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.
We’re talking about Innopipe, the unique inline gas separator and piggable drip system from OilPro that removes 99.9% Innopipe Overview Innopipes patented internals allow drygas to pass through unimpeded while dropping the free liquids to a quiet collection vessel without forming mist. of liquids.
Leading producers include: EOG Resources SM Energy Magnolia Oil & Gas Lewis Energy Group Crescent Energy Kimmeridge Texas Gas (KTG) GeoSouthern Energy II New entrants like Black Mountain Oil & Gas , Rosewood Resources , and Mitsui E&P USA have also joined the play, according to Texas Railroad Commission (RRC) filings.
We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). Data centers are learning a lot about the natural gas business and how critical it is to what they’re doing.
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. Gas injection does the same: the gas expands in the well and displaces the oil, which gets forced to flow up.
This self-contained system is specifically engineered to process raw natural gas, removing impurities and liquids to ensure it meets stringent quality standards for pipeline transportation or further processing. This effect describes how the temperature of a gas changes when it expands without doing any external work.
drygas production rose 2.1% Bcf/d, and the gas rig count increased by three to 102 rigs as producers capitalize on higher prices. oil and gas industry reached $81,808 in 2024, and direct employment grew to 2,055,516 jobs, an increase of 10,694 from 2023. In response, U.S. Read more U.S. energy industry.
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