The EPA’s methane rule has elements that are “unworkable,” the head of oil giant ConocoPhillips said Tuesday.
ConocoPhillips says EPA’s methane rule has elements that are “unworkable”
Murchison Oil and Gas $2 million fine against oil and gas firm over New Mexico operations
The Energy, Minerals and Natural Resources Department’s Oil Conservation Division announced the notice of violation and proposed administrative civil penalties of $2,007,900 against Murchison Oil and Gas, LLC. It said the fine was directly related to the release of produced water at two separate wells sites about 16 miles south of Carlsbad.
ConocoPhillips: How the Beta Crude Connector serves Midland Basin producers
Supporting multiple producers, the BCC can handle a maximum of 150,000 barrels of crude oil per day, accepting supplies from various lease tank batteries and other field receipt points in the Midland Basin
ExxonMobil to become the largest crude oil and NGL producer in the United States
ExxonMobil could become the largest crude oil and natural gas liquids (NGL) producer in the United States with 1.3 million barrels per day (bpd), or nearly 7% of total U.S. production, ahead of the current leader in output, Chevron, per data from Evaluate Energy cited by the EIA.
Exxon Mobil eyes 2 million bpd of output in the Permian by 2027
Exxon Mobil will bring its Permian basin output up to 2 million barrels per day by 2027, while it also ramps up production in Guyana, Vice President of Global Exploration John Ardill said on Tuesday at a conference in Houston.
Five projects you need to know about as BC’s oil and gas sector heats up
BC LNG project summary
CrownRock acquisition a ‘perfect fit’ for growth plan: Oxy CEO
Occidental Petroleum’s “large position” in the Delaware Basin allowed the oil giant to achieve “efficiencies” of scale while expanding to other drill sites. She further notes that CrownRock’s inventory “helps to improve” Oxy’s own, and this synergy helps to accelerate cash flow generation, which she describes as “an acceleration of value” for shareholders. In the near term, the company is focusing on paying down debt and eventually resume repurchasing shares.
Mewbourne Oil hit with $5.5 million DOJ fine
Mewbourne will also have to spend another $4.6 million to make sure its oil and gas battery pads comply with regulations. The government contended the wells produced unlawful air pollution from its oil and gas wells in the three states.
Kimmeridge makes new $2.1 bln offer for SilverBow
immeridge Energy Management has submitted a new offer to acquire SilverBow Resources that values the U.S. oil and gas producer at close to $2.1 billion, including debt, the investment firm said on Wednesday.
What impact does net-zero emissions have on oil battery design
achieving net-zero emissions in the oil and gas industry requires a comprehensive and integrated approach to oil battery design that prioritizes energy efficiency, emissions reduction technologies, renewable energy integration, and sustainable practices throughout the facility’s lifecycle.