Daily Gas Production News

U.S. federal energy regulators on Thursday approved Freeport LNG's request to return ship loading to service at its long-idled Texas liquefied natural gas (LNG) export plant.Freeport, the second biggest U.S. LNG export plant, shut after a fire in June 2022. The energy market expects gas prices to rise once the plant starts producing LNG again.When operating at full power, Freeport can turn about 2.1 billion cubic feet (bcf) of gas into LNG each day. That is about 2% of total U.S.

The new General Manager for Egypt is Dr Hans-Hermann Ecke, who is responsible for the business of the Egyptian subsidiary of DEA Deutsche Erdoel AG based in Cairo since the beginning of March. “I am looking forward to the upcoming tasks in Egypt, where DEA has already been part of the oil and gas industry for more than 40 years,” says Dr Hans-Hermann Ecke. “With our Disouq natural gas project, we have recently been able to more than double our oil and gas production in Egypt. Dr Hans-Hermann Ecke has a PHD in geology. He is well  experienced in Egypt‘s upstream industry and DEA Egypt’s E&P projects from his earlier employment as General Manager in the period from 2009 to 2011.

The Minerals Management Service (MMS), Gulf of Mexico Region, released new oil and gas daily production rate projections that encompass the year 2006. According to the new report, Daily Oil and Gas Production Rate Projections From 2002 Through 2006, Gulf of Mexico Outer Continental Shelf, MMS is forecasting a daily oil production rate of between 2.00 and 2.47 million barrels by the end of 2006, and a daily gas production rate of between 10.97 and 16.39 billion cu. ft. by the end of the same year. These represent high case and low case estimates. MMS Director Johnnie Burton called the new projections "a healthy, sizeable increase in the range of possible oil production.

The Minerals Management Service (MMS), Gulf of Mexico Region, released new oil and gas daily production rate projections that encompass the year 2006. According to the new report, Daily Oil and Gas Production Rate Projections From 2002 Through 2006, Gulf of Mexico Outer Continental Shelf, MMS is forecasting a daily oil production rate of between 2.00 and 2.47 million barrels by the end of 2006, and a daily gas production rate of between 10.97 and 16.39 billion cu. ft. by the end of the same year. These represent high case and low case estimates. MMS Director Johnnie Burton called the new projections "a healthy, sizeable increase in the range of possible oil production.

The Nederlandse Aardolie Maatschappij joint venture between Royal Dutch Shell PLC (RDSA) and Exxon Mobil Corp. (XOM) intends to divest oil and gas fields in the Dutch part of the North Sea, following similar moves by the two companies in the neighboring U.K. offshore sector, Shell said. In an e-mailed statement, Shell said NAM wants to market producing fields connected to the NOGAT pipeline. It added that NAM will sell its share - which it didn't specify - in the NOGAT pipeline. NAM is 50 per cent-owned by Shell and 50 per cent by ExxonMobil. The total daily gas production from the platforms being put up for sale amounts to some 5.4 million cubic meters per day. Oil production amounts to some 1,700 barrels per day.

According to the U.S. Department of the Interior's Minerals Management Service (MMS), deepwater drilling (1,000 ft. and deeper) shows the greatest potential of development, and certainly has garnered the attention (as well as the E&P dollars) of offshore oil production industry leaders. By yearend 2003, the MMS estimates as much as 63 percent of the oil production and 29 percent of the daily gas production will come from deepwater reserves. In August of 1998 there were 30 (temporary and permanent) deepwater rigs drilling simultaneously in the Gulf of Mexico's Outer Continental Shelf (OCS), at depths greater than this. The proliferation of deepwater development projects will likely continue to grow…

Advances in satellite communication product and service technology seem to have outpaced many of the markets they seek to serve. However, despite some jittery times for the big three global satcom providers, it appears that maritime and offshore markets stand to gain real, bottom-line-driven results by adopting the latest communication technology solutions. The maritime industry has traditionally — with its generous mix of large corporate and small independent ownership — taken considerable flak for its collective conservative nature in regards to the integration of advanced technological products and systems onboard vessels, large and small.

Advances in satellite communication product and service technology seem to have outpaced many of the markets they seek to serve. However, despite some jittery times for the big three global satcom providers, it appears that maritime and offshore markets stand to gain real, bottom-line-driven results by adopting the latest communication technology solutions. The maritime industry has traditionally — with its generous mix of large corporate and small independent ownership — taken considerable flak for its collective conservative nature in regards to the integration of advanced technological products and systems onboard vessels, large and small.