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American CNG says it is performing 150 DEMI Diesel Displacer renewable naturalgas (RNG) conversions on Sand Revolution‘s existing diesel fleet, with the potential of additional conversions at a future date. Sand Revolution, based in Midland, Texas, provides turnkey last-mile logistics, focused heavily in the Permian Basin.
naturalgas companies in the Marcellus/Utica, including Ascent Resources, CNX Resources, EQT Corporation, Equitrans Midstream Corporation (now part of EQT), Expand Energy Corporation, MPLX, and Seneca Resources. The post Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin first appeared on Marcellus Drilling News.
has entered into a two-year compressed naturalgas (CNG) supply agreement with a large-scale, independent energy company located in the Permian Basin. The post Certarus Inks CNG Supply Deal with Permian Basin Company appeared first on NGT News. Certarus Ltd. In addition to reducing carbon and other […].
The partnership has agreed to create an Acquisition and Development Company ( ADC ) focused on delivering reliable, cost efficient, net-zero power from naturalgas and captured coal mine methane ( CMM ) to meet the soaring demand of data centers for reliable power. and DANBURY, Conn.
Energy Information Administration said last week the number of rigs deployed to drill for naturalgas declined over the last two years. naturalgas-directed rigs decreased 32 percent between December 2022 and December 2024. benchmark Henry Hub naturalgas price reached a 14-year high of $6.95 After the U.S.
As data centers and power plants are grappling with rising electricity demand fueled by AI technologies, naturalgas is emerging as the primary energy source of this digital revolution. The naturalgas supply is expected to generate approximately 1.2 Why NaturalGas?
The Morongo Basin Transit Authority (MBTA), on behalf of the California Association for Coordinated Transportation (CALACT) consortium members, has selected Vicinity Motor buses in a statewide purchasing contract. The contract gives state transit agencies authority to purchase Buy America compliant buses directly from Vicinity Motor Corp.‘s
The Permian Basin continues to be a driving force behind U.S. oil and gas production, and ONEOK Inc. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. Bcf/d in 2025.
Naturalgas produced in Pennsylvania, Ohio and West Virginia has some of the lowest associated air emissions and water usage, according to a new peer-reviewed study from the U.S. greenhouse gas emissions. greenhouse gas emissions. naturalgas production continues to improve. greenhouse gas emissions march.
Estimated net proved reserves at yearend 2024 were 673 million barrels of oil equivalent, including 51 percent in south Texas, 34 percent in Midland Basin and 15 percent in Uinta Basin. Reserves were comprised of 44 percent oil, 38 percent naturalgas and 18 percent NGLs.
By EDF Blogs By Nini Gu Data recently collected by EDF’s MethaneAIR project in 2023 reveals a striking difference in the emissions profiles between the two major Colorado basins: the Denver-Julesburg (D-J) in the east, and the Piceance in the west. The D-J Basin exhibited a 1.7%
The Permian is experiencing its first naturalgas problem. Gas production is starting to exceed pipeline capacity exiting the Permian, and in-basin prices are falling as a result.
The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. Naturalgas prices also saw strong growth, with Henry Hub naturalgas averaging $14.17
(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Offshore infrastructure projects are also advancing, including Enis Structures A&E Project, which channels gas from two fields to the Mellitah treatment plant.
These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. Advancing gas monetization Amid a surge in gas monetization, Africa has emerged as a major LNG producer. The company also strives to unlock the potential of the Orange Basin.
Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] billion deal represents one of the last significant private positions in the Midland Basin and leaves very few remaining opportunities for mid-sized operators to acquire high-quality inventory. [1]
The United States has an abundance of naturalgas, particularly in the Appalachian Basin. In fact, as the American Oil and Gas Reporter recently explained: “Today, Appalachia by itself is outproducing all but two of the nations on the list of the world’s top liquified naturalgas exporters in 2021: the United States and Russia.
The Wolf Bone Ranch 'strategically expands LandBridge's position in Reeves and Pecos Counties, Texas, an important region for both oil and naturalgas production, and provides access to the Waha Gas market hub'.
Before it was Expand Energy, the largest naturalgas-weighted exploration and production company in the U.S., billion merger with Southwestern Energy, Expand Energy has achieved a new milestone: its the largest naturalgas producer in the U.S., He later became CEO of Mach Natural Resources. With its recent $7.4
The wells are planned to supply the proposed Shenandoah South Pilot Project, which is expected to produce 40 million cubic feet of naturalgas a day with production expected to start mid-2026.
The rapid growth of naturalgas 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 naturalgas from the Permian to Katy, Texas. Bcf/d of naturalgas.
billion project spanning 216 miles, designed to enhance naturalgas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. For several quarters, weve highlighted significant new naturalgas demand in these areas, said CEO Kim Dang in the companys Q4 2024 earnings release.
BANGL transports up to 250,000 barrels per day of naturalgas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine. Closing is expected in July.
The Matterhorn Express Pipeline, due to begin service in September, will significantly increase naturalgas pipeline capacity in the Permian Basin, according to a new analysis from the U.S. Energy Information Administration.
The second quarter of 2024 saw slight shifts in oil and naturalgas activity, but major changes are looming on the horizon, according to new data from the Dallas Federal Reserve Energy Survey. ” The production indexes showed.
Visit the blog to explore the full interactive dashboard This interactive presentation contains the latest gas (and a little oil). To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well.
.’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? is because technological breakthroughs have resulted in increased domestic naturalgas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No.
oil and gas sector trends in 2025. Here are some trends that Jeff Robertson, Managing Director at Water Tower Research , identifies as key forces shaping the oil and gas landscape next year. (1) Related: O&G Outlook for 2025 The post Energy Trends for 2025 appeared first on Permian Basin Oil and Gas Magazine.
Permian Resources said 65 percent of 2025 operating activity will be focused in New Mexico and 30 percent in Texas in Delaware Basin and the remaining activity in Midland Basin. The company also announced the divestiture of its Barilla Draw naturalgas and oil gathering systems for $180 million.
“Naturalgas must be the fundamental underpinning of any reasonable Pennsylvania energy policy. We sit atop one of the largest naturalgasbasins in the world and supply more than 60 percent of Pennsylvanias electric generation, while delivering considerable consumer benefits across the state.
Environmental Protection Agency (EPA) released its final Subpart W rule to cover petroleum and naturalgas facilities under the agency’s Greenhouse Gas (GHG) Reporting Program. The original Subpart W rule for petroleum and naturalgas facilities was proposed in March 2010.
This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, naturalgas, and naturalgas liquids (NGLs) production is growing rapidly. Pipeline Transportation Crude oil, naturalgas, and NGLs move from production sites to storage and processing facilities.
Global gas flares burn approximately 140 billion cubic meters of naturalgas every year that emits more than 400 million tons of CO2 equivalent emissions every year. The only way to know what’s going on.
The past several years have been challenging for Colorado oil and naturalgas companies who are working to comply with stiff new regulations and surging demand following pandemic shutdowns, but the fundamentals of the Denver-Julesburg Basin remain strong. When has the DJ been uneconomic?”
The Permian Basin continues to solidify its role as the driving force behind U.S. oil and gas production. With rising naturalgas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Expansion of sour gas treating facilities in the Delaware Basin.
The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. MMBtu, improving the outlook for naturalgas-focused plays.
Clean Energy Fuels Corp. has signed new fueling contracts, infrastructure expansions and RNG production projects. LA County Metro has renewed its maintenance agreement with Clean Energy for six stations that will power 1,417 transit buses with an expected 137 million gallons of RNG for the length of the contract.
Mackie McCrea, co-CEO, Energy Transfer We have seen a wide range of estimates for new power demand, and the broad consensus suggest that naturalgas fueled power demand will increase significantly in the future. Interstate NaturalGas. Intrastate NaturalGas.
oil and gas industry saw a slight dip in drilling activity last week, as Baker Hughes reported a one-rig decline , bringing the total national rig count to 592. While the decrease was minimal, it reflects broader industry trends influenced by oil and gas prices, production strategies, and market conditions. March 10, 2025 The U.S.
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?
As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. Chevron Invested heavily in unconventional gas and LNG, particularly in the Gulf of Mexico and the Barnett Shale. Production in the U.S.
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