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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. But where does it actually come from?
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.
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.
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. Source: Ministry of Oil) The post Iraq Expands Gas Projects to Curb Flaring first appeared on Iraq Business News. By John Lee.
(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. Register to attend. The combined consideration for both transactions is approximately $1.3
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).
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. Investors should look at companies with exposure to liquids-rich areas of the prolific Montney play in Alberta and B.C,
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. drygas production outlook. The 2026 reduction is partly related to low oil prices and is most significant for the Permian and Eagle Ford forecasts,” an EIA spokesperson said. “The
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
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. Al-Fartousi reaffirmed his company's full cooperation to facilitate the pipeline's installation.
million net acres and over 2 billion barrels of oil equivalent in net undeveloped resource. The company will gain exposure to both the liquids-rich and drygas windows, with firm transportation to premium marketsenhancing revenue predictability and price realizations. Encino Acquisition appeared first on OilGas Leads.
The beginning of the 20 th century in the United States was marked by what historians call the Texas oil boom. 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.
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.
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. What is a Field Gas Conditioner? Imagine a miniature processing plant, strategically positioned at the wellhead or a gas gathering point.
Lets break down what Kimmeridge says about each key basin and their evolving roles in the future of North American oil and gas. Light Oil & Condensate: Production is rich in high-value hydrocarbons. Gassier Rock: More natural gas than oil, affecting economics in a weak gas price environment.
Additionally, they offer an opportunity to expand John Cranes drygas mechanical seals and wet mechanical seals offerings within major petrochemical companies' operations.
We also saw record performance in crude oil transportation volumes (up 25%), midstream gathered volumes (up 6%), NGLs produced (up 26%), and NGL fractionation volumes (up 12%) and transportation volumes (up 4%). This was offset by lower IT utilization in drygas areas due to the lower gas prices and weaker spreads.
The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. Since 2020, Austin Chalk gas output has nearly tripled to 1.8
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.
The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. Since 2020, Austin Chalk gas output has nearly tripled to 1.8
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%). Adjusted EBITDA was $760 million compared to $775 million for the fourth quarter of 2023.
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. Oil prices dip as tariff uncertainty keeps investors on edge Summary : Oil prices declined on Monday, with Brent crude falling 44 cents to $69.92 drygas production rose 2.1%
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