article thumbnail

Upstream Production Report: 2022 vs. 2023 vs. 2024 – Main Basins, Operators, Oil vs. Gas

Rextag

It covers total production figures, performance by key operators, and state-level contributions, focusing on key basins such as the Permian Basin, Appalachian Basin, Denver-Julesburg (DJ) Basin, Onshore and Offshore Gulf of America (Mexico), Williston Basin, and Greater Anadarko Basin. in 2023 compared to 2022 but recovered slightly by 0.4%

Basin 59
article thumbnail

Permian Basin Gas Production Pushes Limits – Infrastructure Expansion Needed

Rextag

Permian Basin production has grown dramatically, surpassing 10 billion cubic feet per day (Bcf/d) in 2018 and more than doubling to 21 Bcf/d by 2022, according to the U.S. Beginning operations in early October, the pipeline can transport up to 2.5 Bcf/d of natural gas from the Permian to Katy, Texas. Bcf/d of natural gas.

Basin 40
Insiders

Sign Up for our Newsletter

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

article thumbnail

Tellurian Upstream Sale: On To Greener Pastures

Novi

Aethon gets additional gathering and processing capacity to bolt onto its midstream assets in the basin and a production boost to an already compelling growth story as the company is now ~3x or ~2 Bcf/d higher than its 2020 exit rate. Note: Assumes D&C costs of ~$1,200/ft and includes all wells from all operators (2021 to 2024 vintages).

article thumbnail

FROM KATY TO THE COAST: WILL KINDER MORGAN’S $1.7B TRIDENT PIPELINE MAKE NATURAL GAS MORE RELIABLE?

Rextag

Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. These initiatives are progressing and will drive substantial growth once operational. Bcf/d capacity project. Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub.

article thumbnail

From Wellhead to Water: How Midstream Companies Are Shaping the Future of Energy Exports

Oil Gas Leads

Companies are taking full control of the supply chain from gathering and processing to pipeline transportation and export terminals to streamline operations and capture higher margins. Advancements in drilling & fracking Operators are using longer laterals and optimized designs for efficiency. ” Pierce H. ” Thomas E.

article thumbnail

ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

Bcf/d in 2025. LNG exports , which are expected to increase from 16 Bcf/d today to nearly 30 Bcf/d in the coming years. As ONEOK continues to integrate its recent acquisitions and optimize operations, the Permian Basin remains a core driver of its success. Total Permian gas processing volumes are projected to reach ~1.6

Basin 52
article thumbnail

EIA Lastest News – Product Prices & Pipeline News

The Energy Law

Natural Gas in Storage 3,005 Bcf UP 36 Bcf 10.4% Furthermore, the company announced a strained operating condition warning, which was cancelled on September 3. – Transco Gas Pipeline Corporation released a notice on September 4 regarding firm backhaul transportation service for winter 2007-2008.