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Williston Basin WhitePaper – $25 Buy Now Key Insights: Sustained Output Amid Maturity Long-lateral drilling, multi-well pad development, and refracs are enabling production to hold near plateau levels (~1.2–1.3 Infrastructure Limits NaturalGas Growth With naturalgas production nearing 3.2
In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of naturalgas. The Perito Moreno gas pipeline and compression plants at Tratay én and Saliquel ó added a combined 10 million cu m/day between August 2023 and October 2024.
Since 2022, naturalgas markets have experienced a series of extremes, including both unusually high and low inventory levels, which contributed to elevated price volatility. At the end of first-quarter 2025, US Lower 48 naturalgas storage volumes were 4% lower than the 5-year average. 24, 2025.
July 29, 2025 4 min read Rystad Energy Floating vs. onshore LNG utilization rates Floating liquefied naturalgas (FLNG) terminals are increasingly making their mark on the global LNG market, with projections from Rystad Energy indicating that their capacity could triple by 2030.
billion m3 of naturalgas – submitted by Sinopec Exploration Co. and Sinopec Jianghan Oilfield have been reviewed and approved by China’s Ministry of Natural Resources. billion m3 of naturalgas – submitted by Sinopec Exploration Co. million t of oil and 12.35 million t of oil and 12.35
Benefits include Access to locked videos & articles Downloadable whitepapers Full website access Register for free » Get started now for absolutely FREE, no credit card required. The project adds 20 000 boe/d of gross peak annualised average production at the existing Argos platform. Already a member?
million tonne/year onshore liquefaction plant for its Abadi LNG project, developing the offshore Masela naturalgas block. INPEX Corp. has started front-end engineering (FEED) and design of the 9.5-million
Naturalgas production from the Bass Strait assets is 100% dedicated to the Australian domestic market and currently supplies about 40% of Australian east coast domestic gas demand. Bass Strait assets include the Gippsland Basin Joint Venture (GBJV) and the Kipper Unit Joint Venture (KUJV).
The pipeline is designed to transport naturalgas through about 170 miles of pipeline from Williams, La., bcfd from 1.75 bcfd, the company said. A final investment decision (FID) on the Pelican Pipeline was taken in October 2024 after having sufficient firm transportation agreements with shippers were secured ( OGJ Online, Oct.
Naturalgas production from federal onshore lands has also increased in recent years but at a similar rate to overall US naturalgas production. Onshore production of naturalgas on federal lands grew from 3.2 Total US dry naturalgas production also increased, from 33.8 trillion ft 3 in 2024.
An Independent Expert Report completed by Cawley Gillespie & Associates in June 2024 estimates the primary target to contain a 2C Contingent Resource of 282 million barrels of ANS Crude (oil, condensate & NGLs) and 804 billion ft3 of naturalgas. Already a member?
Covering the operations of the oil and gas industry General Interest Refining & Processing Drilling & Production Exploration & Development Pipelines & Transportation Sections General Interest Refining & Processing Drilling & Production Exploration & Development Pipelines & Transportation LNG Energy Transition Industry (..)
The oil output was up 15% from last year’s spring quarter and oil-equivalent production was up 19% thanks in part to sizable naturalgas and naturalgas liquids increases from the company’s Permian operations. Its realized naturalgas prices, however, popped to $3.44/Mcf Diamondback Energy Inc.
Covering the operations of the oil and gas industry General Interest Refining & Processing Drilling & Production Exploration & Development Pipelines & Transportation Sections General Interest Refining & Processing Drilling & Production Exploration & Development Pipelines & Transportation LNG Energy Transition Industry (..)
Perenco recently announced the completion of the tests at the depleted Leman naturalgas reservoir in the Southern North Sea using Petrodec’s ERDA rig, the first rig in the UK to have achieved an approved safety case for supporting CCS operations. Already a member?
Crude is expected to be shipped to international markets, and the development is expected to include 18 wells (9 producers, 7 water injectors, 2 gas injectors) drilled in the initial phase, with a total of 24 wells drilled over the life of the project. First oil is targeted for 2028. Woodside Petróleo Operaciones de México, S.
The operators oil production climbed 7% from the first 3 months of this year while naturalgas production rose about 3% to nearly 517 MMcfd. The company turned to sales 32 gross (22.8 net) operated wells during the spring quarter.
The agreement covers the supply of spare parts of Neles™ valves, actuators, and positioners across all Petrobras operational units, including oil and naturalgas exploration, production, refining, commercialisation, and power generation. the largest energy company in Brazil. the largest energy company in Brazil. Already a member?
“We’re getting plenty of North American naturalgas production from our assets in North America and it just wasn’t going to compete for capital as we integrated that asset into the company. billion Savings and synergies from the acquisition of Marathon Oil are far exceeding leaders’ initial estimates.
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Naturalgas is a critical component for maintaining American industrial competitiveness during the energy transition, according to an American Chemistry Council whitepaper published last month.
In a new whitepaper 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. Technology-Driven: Benefiting from U.S.-pioneered
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