Texas’ 417,513 miles of intrastate oil and gas pipelines are crucial are to solving the state’s problem with methane emissions and flaring and the presidents of the Texas Pipeline
Texas Pipelines key to cutting methane emissions
Low-carbon investments to rise by $60 billion in 2023
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage (CCUS) infrastructure
Air Products and AES Mega-scale Green Hydrogen Production Facility in Texas
Air Products (NYSE: APD) and The AES Corporation (NYSE: AES) announced plans to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas.
US Oilfield Services Jobs Top 650,000
Employment in the U.S. oilfield services and equipment sector rose by an estimated 4,677 jobs to 650,587 in December
Grande Prairie Oil & Gas 2022 Results
Grande Prairie region is home to some of Canada’s top oil and gas companies 51 Operators drilled 721 wells in 2022
Louisiana 2022 Drilling Summary
In the state of Louisiana Oil & Gas Operators drilled 566 wells in 2022 with the majority of drilling happening in the Haynesville play.
Permian Basin Giving Tree ready to distribute toys
More than 3,000 toys were collected from the Permian Basin Giving Tree and will be given to local foster kids on Tuesday, a press release detailed.
Athabasca Oil Announces 2023 Budget
Athabasca has a unique liquids-weighted asset portfolio. The production base is underpinned by low decline, long reserve life assets in the oil sands and complemented by a deep inventory of short-cycle time, high returning assets in Light Oil. Athabasca Oil Sands Corp ranks #72 in wells drilled in 2022 with 12 wells drilled in Western Canada.
Crew Energy Announces 2023 Capital Budget and 4-Year Plan
Crew’s full year 2023 net capital expenditures budget is forecasted to be $230 to $250 million, with H2/23 expected to be $185 to $200 million, of which $55 to $65 million is planned to be directed to infrastructure and deposits on long-lead items.
Oklahoma saw an 86% increase in wells drilled in 2022
Oilgasleads has tracked 1040 wells drilled in Oklahoma in 2022 we estimate the amount of wells drilled in 2022 will be 1100, that compared to 589 wells drilled in 2021 for an increase of 86%.