article thumbnail

Williston Basin White Paper

Oil Gas Leads

Williston Basin White Paper – $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 Natural Gas Growth With natural gas production nearing 3.2

article thumbnail

Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

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 natural gas. 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

First-half 2025 natural gas price volatility down in US

Oil & Gas Journal

Since 2022, natural gas 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 natural gas storage volumes were 4% lower than the 5-year average. 24, 2025.

article thumbnail

Rystad Energy: Global FLNG capacity to more than triple by 2030

Oil & Gas Journal

July 29, 2025 4 min read Rystad Energy Floating vs. onshore LNG utilization rates Floating liquefied natural gas (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.

article thumbnail

Sinopec achieves a new breakthrough in China’s Sichuan Basin

Oilfield Technology

billion m3 of natural gas – submitted by Sinopec Exploration Co. and Sinopec Jianghan Oilfield have been reviewed and approved by China’s Ministry of Natural Resources. billion m3 of natural gas – submitted by Sinopec Exploration Co. million t of oil and 12.35 million t of oil and 12.35

article thumbnail

bp starts up Argos expansion project in the Gulf of Mexico

Oilfield Technology

Benefits include Access to locked videos & articles Downloadable white papers 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?

article thumbnail

INPEX awards Abadi LNG onshore plant FEED

Oil & Gas Journal

million tonne/year onshore liquefaction plant for its Abadi LNG project, developing the offshore Masela natural gas block. INPEX Corp. has started front-end engineering (FEED) and design of the 9.5-million