Keyera Corp. and Canadian National Railway Co. have signed a deal to evaluate building a rail terminal in Alberta to ship energy products.
Keyera and Canadian National Railway to evaluate Alberta terminal project
Williams to Build Pipeline for Occidental subsidiary $1.1B Deer Park chemical expansion
OxyChem, a top global manufacturer of chlorine and caustic soda, is contemplating a strategic initiative to modernize and expand its existing chlorine and caustic soda manufacturing complex with more efficient and effective technology. Last week Williams Pipeline Partners had a 14 mile pipeline approved to connect OxyChem Deer Park plant to Bayer plant.
Occidental Air Permit Approved for Mud Plant Located in the Permian
Oxy was approved for an air permit by Texas Commission on Environmental Quality for a new mud plant located in Odessa. A mud plant is used to manipulate (mix, dilute, treat, adjust) various drilling fluids to be used in wells supported by this Supply Base.
Alberta to lead the country in renewables boom
The following are the top five projects slated to come online this year: Buffalo Plains Wind Farm, generating 514.6 MW; Travers Solar, 465 MW; Forty Mile BHE, 389.5 MW; Kirkcaldy Solar, 350 MW; and Forty Mile Wind, 200 MW.
ConocoPhillips provides $1 million for Hogan Park, Midland TX
The Permian Basin Quality of Place Conservancy announced Tuesday that the first of 14 renovated youth baseball/softball turf fields at Hogan Park will be named ConocoPhillips Field following the company’s recent $1 million donation to the project.
Bridger Photonics, Inc. to deploy methane detecting technology to help Repsol spot fugitive methane
Spanish-owed Repsol owns 214,000 net acres of leases in the Marcellus Shale, primarily located in northeastern Pennsylvania in Bradford, Susquehanna, and Tioga counties. Earlier this year, Repsol said it was working with certification authority MiQ to have all of its Marcellus production (roughly 1.5 billion cubic feet per day from ~680 wells) certified as “responsibly produced”
Devon Energy Corp. to purchase Validus Energy, an Eagle Ford operator
Devon Energy Corp. (NYSE: DVN) announced today it has entered into a definitive purchase agreement to acquire Validus Energy, an Eagle Ford operator, for total cash consideration of $1.8 billion. The transaction is subject to customary terms and conditions and is expected to close at the end of the third quarter of 2022, with an effective date of June 1, 2022.
Mid Con New Well Permits Aug 6
The following is a summary of the 283 new well permits approved the week of Aug 6 2022 in Texas, Oklahoma, Louisiana and New Mexico.
Strathcona Resources to acquire Serafina Energy
Strathcona Resources Ltd. agreed to buy Saskatchewan-oil explorer Serafina Energy Ltd. for C$2.3 billion ($1.8 billion), the latest acquisition by the closely held Canadian energy company, according to a person familiar with the transaction
Inflation Reduction Act
The IRA bill is a $370 billion of climate spending in the new bill would cut US emissions roughly 42% below 2005 levels by 2030, or by 3.8 billion metric tons of carbon dioxide equivalent.