B.C. has seen a rapid increase in natural gas liquids (NGLs) and condensate production in the last five years, with average annual production jumping 111 per cent from 2017-2022 as Montney operators targeted more liquids-rich areas.
August 24, 2023, 12 AM MDT
August 24, 2023, 10:37 AM MDT
August 24, 2023, 12 AM MDT
August 23, 2023, 12 AM MDT
August 23, 2023, 12 AM MDT
Cheniere Energy, Inc. entered into a long-term LNG sale and purchase agreement (SPA) with BASF.
August 22, 2023, 8:12 AM MDT
August 22, 2023, 12 AM MDT
August 21, 2023, 8:15 AM MDT
August 21, 2023, 12 AM MDT
August 21, 2023, 12 AM MDT
Declining drilling activity in key shale plays, combined with an expected demand jump from power generation and LNG export growth, has large independent U.S. gas producers predicting improved markets heading into late 2023 and 2024, company executives said during second quarter 2023 conference calls.
August 18, 2023, 12 AM MDT
Permian oil producer Pioneer Natural Resources Company’s efforts to find higher value markets for its associated gas production are paying off, chief financial officer Neal Shah said during the company’s second quarter results call.
August 18, 2023, 10:58 AM MDT
August 18, 2023, 6:16 AM MDT
August 18, 2023, 12 AM MDT
August 18, 2023, 10:55 AM MDT
After 18 months of rapid oilfield service cost inflation, costs have begun retreating in unconventional basins across the U.S., operators reported in the second quarter 2023 conference calls.
August 17, 2023, 5:09 AM MDT
During the second quarter of 2023, InPlay Oil Corp. invested $12.8 million drilling, completing and equipping two (1.9 net) extended reach horizontal (ERH) wells in Willesden Green and completing and equipping one (0.95 net) Willesden Green ERH well that was drilled at the end of the first quarter.
August 17, 2023, 12 AM MDT
August 17, 2023, 12 AM MDT
August 17, 2023, 12 AM MDT
Energy Transfer LP and Crestwood Equity Partners LP have entered into a definitive merger agreement.
August 16, 2023, 6:22 AM MDT
The ability to store natural gas to capture both short-term opportunities driven by price volatility and opportunities from traditional seasonal demand shifts is becoming a valuable asset as the pace of North American gas production has outstripped storage development, Tidewater Midstream and Infrastructure Ltd. interim chief executive officer Rob Colcleugh told analysts during the company’s second quarter 2023 conference call.
August 15, 2023, 10:10 AM MDT
Italian oil and gas company Eni has committed heavily to renewable power production as part of its decarbonization efforts.
August 15, 2023, 12 AM MDT
It has been a smooth start for the Key Access Pipeline System (KAPS), slightly edging volumes expectations, but a slow ramp up is still in the cards, says Keyera Corp.’s top executive.
August 14, 2023, 12 AM MDT
EQT Corporation, the biggest independent U.S. natural gas producer, is dipping its toes in the LNG export market.
August 14, 2023, 6 AM MDT
U.S. supermajor Chevron Corporation will only take equity stakes in LNG liquefaction terminals when necessary to get its gas to market, CEO Mike Wirth said on the firm’s second quarter results call.
August 14, 2023, 8:19 AM MDT
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