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  1. AVAD Energy Partners sees equity commitment from Pearl Energy Investments, Natural Gas Partners

    AVAD Energy Partners LLC (AVAD), a newly formed oil and natural gas production company based in Dallas, TX, has raised $77.5 million of equity commitments from lead investor Pearl Energy Investments, Natural Gas Partners (NGP) through its affiliate NGP Natural Resources XI LP, and management. AVAD is focused on acquiring and developing conventional oil and gas properties in the United States. John Davis, AVAD’s CEO, previously co-founded Alpine Gas Company LLC, which acquired and developed assets located primarily in Texas and the Gulf Coast. Prior to Alpine, he was a vice president and technical advisor at Netherland, Sewell & Associates Inc. (NSAI) as well as a senior engineer for Exxon Company USA. Tom Quigley, senior vice president, will head the acquisition, evaluation, and development efforts of AVAD. He has over 25 years of engineering experience, having previously worked at Alpine, NSAI, Exxon, Hunt Petroleum Corp. and Encana Oil and Gas USA Inc. Crystal Blackstone, vice president, has worked for 25 years alongside David and Quigley as an analyst at NSAI, Hunt and Alpine.  

    Online Articles

    Online Articles

    Thu, 12 Jan 2017

  2. ExxonMobil develops efficient new technology to dehydrate natural gas

    This “in-line” technology could be deployed at both land-based and offshore natural gas production operations.

    Online Articles

    Online Articles

    Fri, 6 Jan 2017

  3. ExxonMobil develops in-line gas dehydration technology

    ExxonMobil has developed cMIST technology, which dehydrates natural gas using a patented absorption system inside pipes.

    Online Articles

    Online Articles

    Thu, 5 Jan 2017

  4. EIA: US to become net energy exporter in outlook to 2050

    According to the US Energy Information Administration’s Annual Energy Outlook 2017 (AEO 2017), which has projections through 2050, the US will become a net energy exporter in most cases as petroleum liquid imports fall and natural gas exports rise.

    Online Articles

    Online Articles

    Thu, 5 Jan 2017

  1. U.S. natural gas production resilient to market changes in 2015, but has fallen in 2016

    Online Articles

    Online Articles

    Sat, 17 Dec 2016

  2. Rosneft natural gas production rises 6.9% in first half

    OJSC Rosneft said its natural gas production of 33.23 billion cu m in the first half of 2016 was 6.9% higher than a year ago, but hydrocarbon liquids declined 0.1%.

    Online Articles

    Online Articles

    Fri, 12 Aug 2016

  3. Report: US natural gas production rose slightly in January

    Natural gas production in the Lower 48 US averaged 71.5 billion cubic feet per day (bcf/d) in January, which is up nearly 0.5 bcf/d, compared to the December average, according to Platts Bentek, an analytics and forecasting unit of Platts. On a month-over-month basis, January natural gas production ...

    Online Articles

    Online Articles

    Thu, 18 Feb 2016

  4. Chevron begins natural gas production from Chuandongbei in Southwest China

    Chevron Corp. subsidiary Unocal East China Sea Ltd. began natural gas production from the first stage of the Chuandongbei Project in southwest China.

    Online Articles

    Online Articles

    Wed, 27 Jan 2016

  5. Aramco to nearly double natural gas production in decade

    Saudi Aramco plans to nearly double its natural gas production to 23 standard bcfd in 10 years, Aramco Chief Executive Officer Amin Nasser told an industry conference in Jubail on Mar. 8.

    Online Articles

    Online Articles

    Wed, 9 Mar 2016

  6. BP to move US Lower 48 business headquarters to Denver

    BP PLC said it will move its US Lower 48 onshore business headquarters to Denver from Houston to be closer to its Rocky Mountain region operations. The new location is expected to open in first-quarter 2018.

    Online Articles

    Online Articles

    Thu, 15 Dec 2016

  7. EIA: Production from major US oil, gas regions to rise in January

    Crude oil and natural gas output from the seven major onshore producing regions in the US is expected to begin 2017 with a modest increase, according to data from the US Energy Information Administration.

    Online Articles

    Online Articles

    Mon, 12 Dec 2016

  8. Petrobras starts up deepwater Lapa field

    Petrobras and its partners in the BM-S-9 consortium have started oil and natural gas production at the Lapa field in the Santos basin presalt layer through the FPSO Cidade de Caraguatatuba .

    Online Articles

    Online Articles

    Tue, 20 Dec 2016

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