Fervo announced its latest round of funding this week to the tune of $244 million. The round was led by Devon Energy, a company that’s previously backed the startup.
Devon Energy invests in Fervo Energy geothermal technology
Chesapeake Energy Invests in Houston geothermal startup
Houston-based Sage Geosystems announced the first close of $17 million round led by Chesapeake Energy Corp.
Double E Pipeline announces open season Delaware Basin
Double E is a 135-mile Federal Energy Regulatory Commission-regulated interstate natural gas transmission pipeline that commenced operations in November 2021 and provides transportation service from receipt points in the Delaware Basin to various delivery points in and around the Waha hub in Texas.
Permian Terms
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Apache must pay $4 million in penalties or air quality violations
Apache Corp. must implement a third-party verification system to ensure that it’s complying with a court-approved consent decree for air quality violations at its well pads in Texas and New Mexico.
API 12F 750-bbl tanks – Permian Basin
PI 12F 750-bbl tanks are essential components of the storage infrastructure in the Permian Basin, helping to facilitate the efficient and responsible production of oil and gas resources in this prolific hydrocarbon-producing region.
TotalEnergies has agreed to purchase Lewis Energy Group’s 20 percent stake in the Dorado leases
TotalEnergies has agreed to purchase Lewis Energy Group’s 20 percent stake in the Dorado leases, which are operated by EOG Resources (80 percent) in the Eagle Ford shale gas play, Trend reports.
Chevron expands carbon capture portfolio with ION Clean Energy investment
Chevron New Energies, a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system.
Diamondback to boost oil production while cutting Permian drilling rigs following Endeavor megadeal
Diamondback Energy Inc. will borrow a page from the shale-consolidation playbook by cutting drilling rigs after its acquisition of competitor Endeavor Energy Resources LP, a move that will help satisfy investors.
Drilling Engineer Email List – CA
Drilling engineer plays a vital role in planning, executing, and optimizing drilling operations in the oil and gas industry. Their technical expertise, problem-solving skills, and attention to detail contribute to the successful and efficient drilling of wells while ensuring safety, regulatory compliance, and cost-effectiveness.
