SemCAMS, a subsidiary of SemGroup® Corp., has announced that it has executed a long-term agreement with the Canadian subsidiary of a large international oil and gas company to process sour gas production at its Wapiti Gas Plant.
The take-or-pay agreement secures 70 million ft3/d of Montney gas for a 10-year term. The 200 million ft3/d Wapiti Gas Plant, which is expected to be operational in 1Q19, is now 95% contracted.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/14122018/long-term-montney-gas-processing-agreement-fills-semcams-wapiti-gas-plant/
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The US Energy Information Administration expects production of all fossil fuels – crude oil, coal, dry natural gas, and natural gas plant liquids – to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.
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