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Officials with JAX LNG, a liquefied natural gas (LNG) facility located at Dames Point in Jacksonville, Fla., The facility was built through a joint venture between Pivotal LNG and NorthStar Midstream. The post JAX LNG Production Facility Now Operational at Dames Point appeared first on NGT News.
The midstream energy sector is undergoing a transformative shift. 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. ” Energy Transfer (ET) Who Are the Key Players? .”
oil and gas production. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. .”
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc.
At Pro-Gas LLC, we understand the evolving needs of our clients, and we’re dedicated to providing innovative solutions that optimize operations and maximize productivity. Let’s delve into how these solutions enhance operational flexibility and unlock new possibilities for your business.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc.
The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.
At Pro-Gas LLC in Dallas, Texas, we understand the dynamic nature of natural gas production and the constant need for efficient, adaptable, and cost-effective solutions. That’s why we’re excited to dive into the world of portable JT skids with you and illustrate how they can revolutionize your operations.
.’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. In fact, the No.
And that source is natural gas. Natural gas is the only energy source thats plentiful, reliable and affordable enough to meet the increased energy demands created by future technologies like AI. Thats why natural gas is the key to solving this problem: its reliable. Natural gas is already the largest source of U.S.
At Rextag, we couldnt think of a better gift for our readers than a look back at the deals that shaped the oil and gas industry this year. So, while you sip your cocoa and enjoy the holiday glow, lets dive into the most impactful oil and gas deals of the yearcomplete with a festive bow and a little extra surprise at the end.
million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. Cushing inventories have been near operational lows in recent months, but climbed to about 25.7 WTI Midland crude traded at a $1.08 premium to U.S. premium to U.S. crude futures.
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. Beginning operations in early October, the pipeline can transport up to 2.5 Bcf/d of natural gas.
We also saw record performance in crude oil transportation volumes (up 25%), midstream gathered volumes (up 6%), NGLs produced (up 26%), and NGL fractionation volumes (up 12%) and transportation volumes (up 4%). Interstate Natural Gas. Intrastate Natural Gas. billion compared to $3.54 billion for the third quarter of last year.
We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). These investments were primarily in the midstream NGL and refined products segments.
billion project spanning 216 miles, designed to enhance natural gas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. July 2024 : WhiteWater Midstream announced the Blackcomb Pipeline, a 2.5
For in-house counsel in the oil and gas industry, this development warrants close attention and careful consideration. For example: How will the limited jurisdiction of these new courts fit within the types of disputes common in the oil and gas sector? These five divisions are fully operational beginning September 1, 2024.
Our 2023 Corporate Responsibility Report highlights our successes, including our operational results, pipeline safety programs, risk management, and emissions reduction programs, among others. Congratulations to our employees for their unwavering commitment to achieving operational excellence day in and day out. Also invested $1.6
Below, we reflect on the deal and walk through what might be next for the play now that gas prices are back in the mid $2/Mcf range. A Quick Refresher on Haynesville Economics To be blunt, the Haynesville is essentially not economic with gas sub $3/Mcf, although we note that some pockets can work down to the $2.50/Mcf Bcf/d in Q1/24.
Earnings per share plummeted to $2.25, and the decline was largely due to a 14% dip in crude realisations and a spine-tingling 60% decrease in natural gas realisations. Phillips 66: Chemical and Midstream Magic Phillips 66 surprised investors with a Q3 profit beat, driven by strength in its chemicals and midstream segments.
Blockchain operates as a digital, decentralized ledger that records transactions using multiple computers. Innovative and Decentralized Programmability The peer-to-peer platforms we mentioned above operate independently since they use blockchain’s decentralized technology. How Does Blockchain Impact the Oil and Gas Industry?
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. BP is doubling down on its U.S.
During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand. Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. energy production.
Accurate Daily Drilling Reports (DDR) are essential for optimizing drilling operations, tracking costs, and ensuring project efficiency. Many rigs and drilling contractors have their own ways of recording data, leading to differences in terminology and missing key operational details.
The oil and gas industry thrives on data, and understanding well permit trends and drilling activity is crucial for business development and operational planning. Drilling Operation Breakdown Horizontal Drilling: 75.7% miles northeast of Midland, TX , a central hub for oil and gasoperations. Vertical Drilling: 24.3%
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.
The Permian Basin continues to see significant shifts in ownership as oil and gasoperators refine their asset portfolios. Understanding Air Permits in Oil & Gas Transfers When ownership of an oil and gas facility changes, the new operator must update regulatory permits to reflect the transition.
The transaction will create a leading Canadian light oil and condensate producer, with a dominant position in the Alberta Montney and Duvernay formations, as well as significant operations in Saskatchewan. Oil & Gas Marketing Lists Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
With a strategic focus on capital discipline, operational optimizations, and infrastructure enhancements, Whitecap is well-positioned to navigate commodity price volatility while delivering strong production growth and shareholder returns. 29% of 2025 natural gas production hedged at $3.35/GJ. As we enter 2025, Whitecap Resources Inc.
Drilling Operation Breakdown Horizontal Drilling: 71 Permits Geospatial Analysis and Geofence ( See Map ) A geofence was created around the well permit locations in Block 36T3S with a radius of 3 miles. miles from Midland, TX , a central hub for oil and gasoperations. The region lies approximately 23.5
ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. power demand. “At flat activity, we can grow the Lower 48 business.
anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. JANUARY Sunoco LP Acquired NuStar Energy L.P. In a deal valued at $7.3
TAQA Morocco, a subsidiary of the newly integrated TAQA Global and AD Power, has adopted DeepStreams SaaS technology to digitise their coal procurement operations, moving towards a more efficient and sustainable supply chainfuture. For more information, please visit: www.taqa.com.
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