Surge Energy ranks #41 in wells drilled in 2022 with 52 wells drilled in the Mid Continent of the US. The Mid Continent region includes Texas, Oklahoma, New Mexico and Louisiana. Surge announces it has surpassed $7 billion of contribution to the Texas economy.
Laredo’s 2021 flaring intensity was 44% compared to 2020 and 78% less than in 2019. The company’s Scope GHG emissions intensity was reduced 25% over 2020.
TC Energy West Path Delivery 2023 (WP2023) project will add about 40 km (25 miles) of new natural gas pipeline to the existing 25,000-km (15,534 miles) NGTL system, which ships gas across Canada and to U.S. markets.
The Board has approved a preliminary capital budget of $1.8 billion. The budget was designed with profitable growth and capital discipline in mind, and includes an updated framework that allows capital returns to increase as net debt approaches ARC’s long-term target.
Cenovus Energy and Immigrant Services Calgary (ISC) today announced a three-year strategic partnership to support immigrants and refugees in Calgary. Cenovus will invest $450,000 over three years to support ISC in providing settlement programs and services to newcomers to help them succeed and contribute to the socio-economic landscape of Calgary and Alberta.
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.
