Execution gains in U.S. gas plays and new infrastructure tied to LNG and power demand led the week across energy markets.
Top Stories
- Enhanced completions drive BKV IP180s up 20% with low cost
BKV is achieving roughly 20% higher IP180 well performance in the Barnett through advanced completions and data-driven optimization. The gains are being delivered with minimal incremental cost, highlighting efficiency-driven production growth.
- Range pegs ramp to midyear gas plant startup, new LPG terminal
Range Resources is advancing a production ramp supported by a new gas processing plant and planned LPG export terminal. The additions will enable the company to bring a large DUC inventory online and increase output into 2027.
- Marubeni buying out Barnett driller EagleRidge Energy II
Marubeni acquired full ownership of EagleRidge Energy II, expanding its position in the Barnett shale. The deal reflects continued international investment targeting U.S. natural gas assets tied to LNG and power demand.
- ET’s new ethane export expansion already fully subscribed
Energy Transfer sanctioned an ethane export expansion at its Nederland terminal that is fully committed under long-term contracts. The project adds significant capacity and reinforces strong global demand for
U.S. NGL exports.
- Chevron building Permian gas-fired power plant for Microsoft
Chevron is developing a large gas-fired power project in the Permian to supply a Microsoft data center under a long-term agreement. The development highlights growing links between upstream supply and power demand driven by data center growth.
Additional Stories
Also this week: Kimbell closes Permian royalty deal; Sixth Street backs Comstock midstream; Venture Global expands LNG offtake and refis debt; Baker Hughes wins Nigeria gas services work; Azule FIDs Angola offshore project; Murphy makes Côte d’Ivoire discovery; Pattern brings largest U.S. wind project online; rPlus ramps Utah solar-plus-storage; geothermal and lithium developments advance.
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