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DOE to award up to $88M for oil and natural gas recovery research

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The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). of total US production in 2008 (0.8 billion barrels.

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Annual petroleum production in the US more than doubled from 2008 to 2018

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million barrels per day (mmbd) in 2008 to 15.3 Note: Petroleum includes crude oil and natural gas liquids. Annual petroleum production in the United States doubled from 6.8 mmbd in 2018, according to the US Department of Energy (DOE). Record levels of production began when the 11.8 mmbd in 2014 topped the previous high of 11.3

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New USGS oil and gas assessment for Bakken and Three Forks formations boosts estimates of recoverable oil two-fold, natural gas three-fold

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The United States Geological Survey (USGS) released an updated oil and gas resource assessment for the Bakken Formation and a new assessment for the Three Forks Formation in North Dakota, South Dakota and Montana, resulting in a two-fold increase in the estimated technically recoverable oil, and a three-fold increase in estimated natural gas.

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EIA: high prices for natural gas this winter as global consumption remains high and inventories low

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The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. That price will be the highest inflation-adjusted monthly average price since 2008. —EIA Administrator Joe DeCarolis.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Study quantifies impact of oil and gas emissions on Denver’s ozone problem

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The first peer-reviewed study to directly quantify how emissions from oil and natural gas (O&NG) activities influence summertime tropospheric ozone (O 3 ) pollution in the Colorado Front Range confirms that chemical vapors from oil and gas activities are a significant contributor to the region’s chronic ozone problem.

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Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

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Petrobras’s June oil production in Brazil averaged 2,008 thousand barrels/day (bpd), up 1.7% The company’s oil and natural gas production in Brazil in the same month was 2,426 thousand barrels of oil equivalent per day (boed), indicating a 1.6% June’s natural gas production of 66.4 million m 3.

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