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Gastech Days I & II: Energy transformation through innovation

Oilholics Synonymous Report

The state of Texas is the US' top crude oil and natural gas producing state. As Q4 2024 approaches, the US remains world's largest LNG exporter and its largest crude oil producer. This is expected to drive a surge in natural gas demand. Photo I: Houston's George R. at 11:46 CDT.

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

Natural Gas & NGL Infrastructure Expansion ONEOK is expanding its natural gas and NGL (natural gas liquids) infrastructure in the Permian to capture growing production volumes. This move supports the companys growing gas gathering and processing footprint. Bcf/d in 2025.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

In the Ghadames Basin, bp is advancing a multi-well drilling campaign targeting multiple oil and gas formations, leveraging existing seismic data as well as exploring participation in the 2025 bid round. Meanwhile, the Sabratha Compression Project is in execution, with startup expected later in the year.

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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

crude oil production will rise from a record 13.2 On the natural gas side, the EIA predicts a 73% increase in spot gas prices in 2025, which could prompt producers to boost drilling activity following a 14% price drop in 2024. natural gas production is forecasted to reach 104.6 million bpd in 2025.

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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. The price of West Texas Intermediate (WTI) crude oil closed the quarter at $71.72 Natural gas prices also saw strong growth, with Henry Hub natural gas averaging $14.17

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How the Oil & Gas Industry is Helping Reduce Emissions

Energy Transfer

.’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 natural gas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No.

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

Oil Gas Leads

This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. Pipeline Transportation Crude oil, natural gas, and NGLs move from production sites to storage and processing facilities.