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Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company. The Company is engaged in the development, delineation and production of condensate, natural gas liquids (NGLs), and natural gas reserves in the Western Canadian Sedimentary Basin. Its focus is on the scalable and repeatable condensate rich Montney formation in the Pipestone and Wapiti areas of the Alberta Deep Basin (Montney). Its core operating areas of Wapiti and Pipestone in the Montney formation are located near the City of Grande Prairie, Alberta, approximately 600 kilometers northwest of Calgary. The Montney Formation is a shale gas and shale oil resource. The Montney formation in the Wapiti area is a thick (200 m+) section of hydrocarbon-charted fine-grained reservoir found at depths ranging from 2,500-3,500 m. It has non-core operations in three additional areas of Alberta (non-core properties outside the greater Wapiti Montney area).


TSX:NVA - Post by User

Post by Carjackon Aug 24, 2023 5:30pm
119 Views
Post# 35604472

Commonwealth LNG Partners with Baker Hughes to Enhance Louis

Commonwealth LNG Partners with Baker Hughes to Enhance Louis

(P&GJ) — Commonwealth LNG has signed a strategic agreement with Baker Hughes related to Commonwealth LNG's liquefied natural gas facility under development in Cameron Parish, Louisiana.

Baker Hughes will work with Commonwealth LNG on maximizing the project's output and minimizing emissions through the use of Baker Hughes' LM9000 aeroderivative gas turbine technology — the most efficient in the 65+ MW power range.

The LM9000 equipment order is expected to be granted in conjunction with financial close of the Commonwealth LNG project, which is expected in the first quarter of 2024.

The collaboration will also feature other key Baker Hughes equipment, services and software in support of the project, including its proven compressor technology, spare parts, maintenance services and Cordant Asset Performance Management suite. Commonwealth LNG views its relationship with Baker Hughes as vital to ensuring that Commonwealth LNG commences production in early 2027.

 
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