Bayou Bend CCS LLC (“Bayou Bend”), a carbon capture and sequestration project located along the Texas Gulf Coast, announced an expansion of its carbon dioxide (“CO2”) storage footprint through the acquisition of nearly 100,000 acres onshore in Chambers and Jefferson Counties, Texas.
The Lower Colorado River Authority announced new peaker power plant Caldwell County, Texas.
The Lower Colorado River Authority on Tuesday announced it will build a new peaker power plant in Central Texas to provide an additional 190 megawatts of dispatchable power to the Texas power grid.
Oil production is on the rebound in North Dakota
North Dakota reported that production grew by 11% over the December.
Targa Resources DELAWARE-PERMIAN PIPELINE
Targa Resources has been approved to build a 32 mile DELAWARE to PERMIAN PIPELINE LLC that connects Crane and Pecos counties.
WhiteWater Midstream 185 Mile Blackfin Pipeline Approval
February 2023 WhiteWater Midstream requested the Texas Railroad Commission for a new 185 mile pipeline permit for the Blackfin pipeline project that will connect Colorado County (Eagle Ford) to Hardin County Texas. The Economic Operator is Matterhorn Express Pipeline.
US approves oil drilling project in Alaska
Conocophillips approved for a contentious oil-and-gas drilling project in the northwestern state of Alaska.
Marathon Oil finds 3 large gas wells in Grady County
Marathon Three Grady County wells with combined natural gas output of more than 34,000 Mcf. Marathon Oil Corporation ranks #13 in wells drilled in 2022 with 128 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana.
Multibillion-dollar power-line projects
SunZia in the Southwest, TransWest Express in the Mountain West, Grain Belt Express to the Midwest, and Champlain Hudson Power Express into New York City
Permian Resources 2023 Outlook
Permian Resources 2023 total capital budget of $1.25 to $1.45 billion and delivered fourth quarter oil production of 81.4 MBbls/d
Chesapeake Energy 2023 Outlook
Chesapeake Energy total expected capital expenditures of $1.765 – $1.835 billion and produced approximately 4.05 bcfe/d net (90% natural gas)