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Permian Basin Gas Production Pushes Limits – Infrastructure Expansion Needed

Rextag

The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Bcf/d of natural gas from the Permian to Katy, Texas. Bcf/d of natural gas.

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Nigeria Oil Industry Overview

Drillers

billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. The proposals got approved as amendments to the 1993 Deep Offshore and Inland Basin Production Sharing Contractin October.

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BP Expands U.S. Natural Gas Production Amid Rising Prices and LNG Growth

Oil Gas Leads

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. CEO Murray Auchincloss, speaking at the CERAWeek conference in Houston, highlighted the companys renewed focus on oil and gas, marking a strategic pivot from its previous emphasis on renewable energy. million boepd by 2030.

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Pipeline Expansion = Affordable Energy

Marcellus Shale Coalition

In 2015, then-Massachusetts Attorney General Maura Healey released a report asserting that no new natural gas pipelines were needed into the region and that the regions power grid faced no reliability deficiency through at least 2030. At the end of 2023, for example, New Englanders paid 31% more for natural gas compared to U.S.