Condensate

SilverBow Resources Announces First Quarter 2024 Financial and Operating Results

Retrieved on: 
Wednesday, May 1, 2024

SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced operating and financial results for the first quarter of 2024.

Key Points: 
  • SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or the “Company”) today announced operating and financial results for the first quarter of 2024.
  • Strong performance during this quarter supports an increase to our full year 2024 outlook for production and free cash flow."
  • Financial results in the period were driven by production results in the upper half of SilverBow's guidance.
  • For the second quarter of 2024, SilverBow expects its production to be 90.8 - 95.4 MBoe/d, with oil volumes of 23.5 - 25.0 MBbls/d.

Non-dispersive Infrared (NDIR) Market worth $965 million by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 2, 2024

Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.
  • Monitoring of refrigerant gases, capnography etc are likely to boost NDIR market.
  • NDIR market for VOCs to hold high market share during the forecast period.
  • Industrial & Manufacturing segment by vertical in NDIR industry to hold high market share during the forecast period.

Non-dispersive Infrared (NDIR) Market worth $965 million by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 2, 2024

Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.
  • Monitoring of refrigerant gases, capnography etc are likely to boost NDIR market.
  • NDIR market for VOCs to hold high market share during the forecast period.
  • Industrial & Manufacturing segment by vertical in NDIR industry to hold high market share during the forecast period.

Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million

Retrieved on: 
Friday, March 22, 2024

HOUSTON, March 22, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today the sale of Summit Midstream Utica, LLC, which includes its approximately 36% interest in Ohio Gathering Company, LLC ("OGC"), approximately 38% interest in Ohio Condensate Company, LLC ("OCC", collectively with OGC, "Ohio Gathering") and wholly owned Utica assets (collectively, "Utica Position") to a subsidiary of MPLX LP ("MPLX") for $625 million in cash (the "Utica Divestiture"). 

Key Points: 
  • HOUSTON, March 22, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today the sale of Summit Midstream Utica, LLC, which includes its approximately 36% interest in Ohio Gathering Company, LLC ("OGC"), approximately 38% interest in Ohio Condensate Company, LLC ("OCC", collectively with OGC, "Ohio Gathering") and wholly owned Utica assets (collectively, "Utica Position") to a subsidiary of MPLX LP ("MPLX") for $625 million in cash (the "Utica Divestiture").
  • The Board and management plan to seek approval from Summit unitholders to convert the Partnership to a C-Corp at a Special Meeting later this year.
  • Summit Utica: The Summit Utica system is a natural gas gathering system located in Belmont and Monroe counties in southeastern Ohio and serves producers targeting the dry-gas reserves of the Utica and Point Pleasant shale formations.
  • The Summit Utica system gathers and delivers natural gas, primarily under long-term, fee-based gathering agreements, which include acreage dedications.

CNOOC Limited Announces Bozhong 19-6 Condensate Gas Field Phase I Development Project Commences Production

Retrieved on: 
Tuesday, November 14, 2023

HONG KONG, Nov. 13, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Bozhong 19-6 Condensate Gas Field Phase I Development Project has commenced production.

Key Points: 
  • HONG KONG, Nov. 13, 2023 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that Bozhong 19-6 Condensate Gas Field Phase I Development Project has commenced production.
  • The main production facilities include 1 newly built central processing platform, 3 unmanned wellhead platforms and 1 gas process terminal.
  • 65 development wells are planned to be commissioned, including 42 production wells, 20 gas injection wells and 3 water source wells.
  • It is expected to achieve a peak production of approximately 37,000 barrels of oil equivalent per day in 2024.

Diagmetrics Receives NIH RADx® Award to Advance its Mask Based Diagnostic Platform

Retrieved on: 
Wednesday, August 9, 2023

MADISON, Conn., Aug. 9, 2023 /PRNewswire-PRWeb/ -- DiagMetrics Inc. announced today that it has been awarded Phase 1 funding from the National Institutes of Health (NIH) Rapid Acceleration of Diagnostics (RADx®) Tech program in support of its Mask-Based Diagnostic (MBD™) for rapid detection of COVID-19 for use by individuals with disabilities. The initial award of $938,784.25 has the potential for Phase 2 funding pending successful completion of Phase 1. The RADx Tech award is funded by National Institute of Biomedical Imaging and Bioengineering (NIBIB) and will help DiagMetrics continue the development and validation of its novel Mask Based Diagnostic platform as it progresses to product commercialization.

Key Points: 
  • The initial award of $938,784.25 has the potential for Phase 2 funding pending successful completion of Phase 1.
  • The RADx Tech award is funded by National Institute of Biomedical Imaging and Bioengineering (NIBIB) and will help DiagMetrics continue the development and validation of its novel Mask Based Diagnostic platform as it progresses to product commercialization.
  • The DiagMetrics' MBD provides a simple way for users with disabilities to perform a COVID-19 test by themselves.
  • "The user simply puts on a mask, presses a button to activate the test, and breathes normally for a few minutes.

Tunable Diode Laser Analyzer (TDLA) Market worth $795 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, May 29, 2023

In situ methodology segment to grow at highest CAGR during forecast period, by methodology of TDLA market.

Key Points: 
  • In situ methodology segment to grow at highest CAGR during forecast period, by methodology of TDLA market.
  • In situ gas analyzers offer continuous, real-time measurements, allowing for immediate detection of gas concentration changes or anomalies.
  • Asia Pacific is expected to register the highest CAGR during the forecast period in TDLA market.
  • As a result, the Metal and Mining industry in the Asia Pacific region accounted for the largest market share of the TDLA market.

Tunable Diode Laser Analyzer (TDLA) Market worth $795 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, May 29, 2023

In situ methodology segment to grow at highest CAGR during forecast period, by methodology of TDLA market.

Key Points: 
  • In situ methodology segment to grow at highest CAGR during forecast period, by methodology of TDLA market.
  • In situ gas analyzers offer continuous, real-time measurements, allowing for immediate detection of gas concentration changes or anomalies.
  • Asia Pacific is expected to register the highest CAGR during the forecast period in TDLA market.
  • As a result, the Metal and Mining industry in the Asia Pacific region accounted for the largest market share of the TDLA market.

Hydrogen Detection Market worth $410 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, May 25, 2023

Fixed implementation type is expected to account for the largest share of the hydrogen detection market during the forecast period.

Key Points: 
  • Fixed implementation type is expected to account for the largest share of the hydrogen detection market during the forecast period.
  • In addition, fixed hydrogen detectors are often calibrated to specific concentrations of hydrogen, allowing them to provide more accurate readings.
  • All these factors are expected to drive the fixed hydrogen detection equipment market during the forecast period.
  • The oil & gas application is projected to account for significant share of hydrogen detection market in 2022.

Hydrogen Detection Market worth $410 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, May 25, 2023

Fixed implementation type is expected to account for the largest share of the hydrogen detection market during the forecast period.

Key Points: 
  • Fixed implementation type is expected to account for the largest share of the hydrogen detection market during the forecast period.
  • In addition, fixed hydrogen detectors are often calibrated to specific concentrations of hydrogen, allowing them to provide more accurate readings.
  • All these factors are expected to drive the fixed hydrogen detection equipment market during the forecast period.
  • The oil & gas application is projected to account for significant share of hydrogen detection market in 2022.