Companies like E3 Lithium and Imperial Oil in Canada, Occidental Petroleum, and ExxonMobil in the US are investing in technologies to extract lithium from brine. This shift is driven by the increasing demand for lithium, particularly for electric vehicle (EV) batteries, and national initiatives to secure domestic sources of battery metals.
Governor Michelle Lujan Grisham supports using treated water as a strategic resource, despite legislative setbacks and public opposition.
LM has begun constructing multiple new compressor stations and approximately 70 miles of new, large-diameter, low-and-high-pressure gas pipelines, including a 27-mile, 20-inch high-pressure pipeline that will connect the company’s existing Touchdown gas gathering system to multiple gas processing facilities near Loving,
Exxon Mobil Corp. is facing renewed criticism from environment-focused investors for not meeting its climate-related commitments. This annual contention has gained more intensity ahead of the company’s shareholder meeting on May 29, especially after Exxon sued climate-focused groups Arjuna Capital LLC and the nonprofit.
Kinetik has entered into an agreement to acquire Durango Permian LLC, expanding its footprint in Eddy and Lea Counties, New Mexico.
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Matador’s drilling inventory with 406 gross drillable locations. They also own midstream assets, like pipelines and a saltwater disposal well, which could provide additional value to Matador’s operations.
Canada Rig Count Report May 13th, 2024 we are tracking 51 Oil & Gas Operators and 109 drilling rigs that spud wells last 30 days in Alberta, BC and Saskatchewan.
In 2024, EOG plans to allocate a significant portion of its capital expenditure, about $4.2 billion, to drilling and exploration activities across its assets, with a substantial focus on the Delaware Basin. This investment is part of a broader $6.0 to $6.4 billion total expenditure plan for the year, which also includes environmental and infrastructure projects.
