Robstown could be the site of a new Tesla plant. The electric car and clean energy company filed an application with the Texas Commission on Environmental Quality requesting air permit as part of the process in choosing a location for a battery-grade lithium hydroxide-refining plant.
Baytex production during the third quarter averaged 83,194 boe/d (84% oil and NGL) as compared to 83,090 boe/d (83% oil and NGL) in Q2/2022.
Cenovus Total upstream production was approximately 778,000 barrels of oil equivalent per day (BOE/d) in Q3 2022
Diamondback Energy buys Lario Oil & Gas Permian assets.
Martin County, TX ranks #3 in the state for BOE produced in the most recent month (Jul 2022). Martin County, TX ranks #2 in the Mid Continent (TX, OK,NM,LA) for wells drilled in 2022 with 749 wells drilled up to Oct 2022. Martin County, TX ranks #3 in the Mid Continent (TX, OK,NM,LA) for average drilling rigs operating per month in 2022 with 35 rigs.
Canadian Natural Resources Limited presented a donation to Bert Ambrose Elementary on Monday for their meal program.
Peyto 2023 budget are still being finalized, an organic capital program of $425–$475 million is anticipated, which will use between 4 and 5 drilling rigs throughout the year and is estimated to add approximately 35,000 to 40,000 boe/d of new production by the end of the year.
Pioneer Natural Resources (PXD), one of the leading oil companies in the Permian Basin, witnessed a 9% year-over-year drop in its Q3 oil production to 354,043 barrels per day.
Oil production in Alberta averaged a record-breaking 3.88 million barrels per day in September.
Tourmaline is currently operating 13 rigs across the three EP complexes. The Company drilled 86 net wells and completed 75 net wells in the third quarter of 2022.
