Stratos is operational, it reportedly will capable of capturing 500,000 metric tons of carbon dioxide a year and become the largest operating DAC plant in the world. By using Stratos, Occidental expects to increase its oil production in the Permian Basin.
Mach Natural Resources LP (NYSE: MNR) has announced its financial and operational results for the second quarter of 2024, showcasing a robust performance despite market challenges.
High-Density Polyurethane (HDPE) tank bases are used in various industrial applications where stability, durability, and chemical resistance are crucial. For 1000-barrel (bbl) tanks with a 40-ounce differential pressure rating, HDPE tank bases offer several advantages.
EOG Resources’ co-development strategy is a key aspect of its approach to maximizing the value of its resource plays. The company focuses on developing multiple stacked reservoirs simultaneously within a single acreage position, particularly in resource-rich areas like the Permian Basin and the Eagle Ford.
EOG Resources uses the term “Super Zippers” to describe an advanced drilling and completion technique that they have developed and refined. This technique involves simultaneously drilling and completing multiple wells in close proximity, often using zipper fracs—where fracking stages are alternated between wells.
CNX Resources has implemented a unique program that involves continuous air emissions monitoring, enhanced water quality testing, and full disclosure of chemical usage and waste reporting.
Tourmaline Oil Corp. (TSX) has announced a significant strategic move with the acquisition of Crew Energy Inc. for approximately $1.3 billion. T
The Baker Hughes U.S. rig count has gone up three out of the last four weeks, including last week, when it went up by two to 588.
Advanced systems now analyze drilling parameters like speed, angle, and pressure in real-time, enabling operators to optimize drilling processes dynamically. This reduces downtime due to equipment failures or human errors and enhances the efficiency of directional drilling.
Ascent Resources reported strong Q2 2024 results, with a 5% increase in net production and a significant 60% rise in liquids production compared to the prior year.
