Canadian Drilling – Oil Rig Count Reaches 17-Month High, Gas Rigs Post Slight Increase

For the week ending August 2, Baker Hughes reported that the Western Canadian gas-directed drilling rig count rose two to 69 (blue line in left hand chart below) and one less than a year ago.

Gray Oak Crude Oil Pipeline Sanctions Expansion

Gray Oak Pipeline LLC sanctioned a 120-Mb/d expansion of the pipeline, operated by Enbridge, following a successful open season. The expansion will have a phased in-service date and is expected to be fully online in 2026.

Arbitration Hearing For Hess’ Stake in Guyana Stabroek Project Set For May 2025

An arbitration hearing to resolve the merits of applications from ExxonMobil and China’s CNOOC for the Right Of First Refusal (ROFR) over Hess’ equity in their joint-venture Stabroek project in Guyana has been scheduled for May 2025.

Golden Pass LNG Delays Initial Startup to Late 2025

Golden Pass LNG expects its initial startup to be delayed to late 2025 in the aftermath of a two-month work stoppage from May to July this year.

Pacific Northwest Hydrogen Hub Moves Into Phase 1 Development After Receiving DOE Grant

The Pacific Northwest Hydrogen Association, a multi-state nonprofit organization focused on creating a robust network of clean hydrogen suppliers and end users in the Pacific Northwest, has received Phase 1 award status from the Department of Energy (DOE).

WhiteWater, Targa Announce FID for Blackcomb Natural Gas Pipeline

WhiteWater Midstream and Targa Resources have announced that they and other partners will move ahead with building a

It’s Truly Game Time! – First Load of Refrigerant for LNG Canada to Arrive Shortly

LNG Canada posted a notice on July 31 that it will be soon receiving a cargo of liquefied petroleum gases (LPGs) at Kitimat, the site of its liquefaction plant, in preparation for initial commissioning and start up activities.

Beacon Says GOM Winterfell Field In Service, Shenandoah Startup in 2Q 2025

Beacon Offshore Energy announced that it had begun production at its Winterfell project in the Gulf of Mexico (GOM) in early July from two wells. It expects a third well to start service before the end of 3Q, bringing total output to 20 Mboe/d.

Chesapeake Deferring Future Production, Awaiting Improved Market Conditions

Chesapeake Energy is deferring up to 1 Bcf/d of future production that can be brought online relatively quickly if market conditions improve.

Holding Strong - LNG Canada Partners’ Gas Production Near Steady in June

RBN estimates that combined natural gas production of the equity partners in LNG Canada fell 0.05 Bcf/d in June to 2.05 Bcf/d (combined height of the rightmost colored bars in top chart below), 0.32 Bcf/d higher than a year ago and, despite the monthly pullback, the third highest total for combin

Website Upgrades