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Category: Oil & Gas News

Texas oil body makes it a little harder for wells to flare gas

September 17, 2021 Author: phinds Category: Carbon

Texas Railroad Commissioners limited an oil driller to flaring gas for just one year as opposed to the two years it sought at a meeting Tuesday. The commission approved 31 other requests from oil and gas companies, including five more to flare gas, without any changes.

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Carbon capture and storage gains wide industry support in Houston

September 17, 2021 Author: phinds Category: Carbon

Eleven companies have expressed interest in supporting the large-scale deployment of carbon capture and storage (CCS) technology in Houston. Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66 and Valero

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Suncor Energy partnership with eight Indigenous communities to acquire interest in the Northern Courier Pipeline

September 17, 2021 Author: phinds Category: Oil & Gas News

Suncor today announced the signing of agreements with eight Indigenous communities in the Regional Municipality of Wood Buffalo (RMWB) to acquire all of TC Energy’s 15 per cent equity interest in the Northern Courier Pipeline Limited Partnership.

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Chevron, Enterprise Explore Carbon Storage Business Opportunities

September 16, 2021 Author: phinds Category: Carbon

Chevron to evaluate opportunities for carbon dioxide capture, utilization, and storage from their respective business operations in the US Midcontinent and Gulf Coast

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Technology and innovation efficiency gains for ConocoPhillips

September 16, 2021 Author: phinds Category: Oil & Gas News

technologies, including slim-hole drilling, automated drilling, completions, twin fracs, alternative-fuel fracs, refracs and multivariate analysis are driving change for ConocoPhillips

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Simul-Frac Gains Momentum in US Shale, Cuts Completion Times in Half

September 16, 2021 Author: phinds Category: Oil & Gas News

US shale producers moved fast last year to take advantage of a newly emerged completions technique called the simul-frac that involves stimulating two horizontal wells at the same time.

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Ovintiv large producing oil wells in Oklahoma’s STACK

September 14, 2021 Author: phinds Category: Oil & Gas News

Ovintiv latest venture in Kingfisher County were two Connie Fed 1608 wells on a single pad at a site about 5 miles west of Kingfisher where combined production was nearly 2,200 barrels of oil a day.

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BCE-Mach Closes Ninth Acquisition

September 10, 2021 Author: phinds Category: Oil & Gas News

BCE-Mach III LLC recently closed an acquisition of approximately 18,200 net acres (98 percent held by production) of producing properties primarily across Blaine, Custer and Dewey Counties, Oklahoma.

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Continental Resources major gas well discovery in western Oklahoma

September 9, 2021 Author: phinds Category: Oil & Gas News

Custer County in western Oklahoma is the site of a large gas well discovery by Continental Resources.

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EIA reports sharp decline in drilled but uncompleted shale well count

September 9, 2021 Author: phinds Category: Oil & Gas News

Energy Information Administration’s latest Drilling Productivity Report, 5,957 drilled but uncompleted wells (DUCs) were in the United States in all DPR regions in July 2021, the lowest for any month since November 2017.

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