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S&P Global: More than 75% of oil and gas production in US Gulf of Mexico has lower than average greenhouse gas intensity

Green Car Congress

More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. However, about 78% of the total production was found to be beneath that average. 900 kgCO 2 e/boe. 70 kgCO 2 e/boe.)

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EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

Green Car Congress

In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). Alaska had the largest increase in proved reserves of natural gas in 2021 (173%, 63.3

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Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028

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Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border. billion (US$4.8

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DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

Green Car Congress

Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. A total of 50 offshore energy companies participated in submitting 380 bids. billion in bid revenues.

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EIA: US crude oil production will increase to new records in 2023 and 2024

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In its January 2023 Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that crude oil production in the United States will average 12.4 Increased production in the Permian region and, to a lesser extent, in the Federal Offshore Gulf of Mexico (GOM) drives the forecast growth in production.

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Why did a Gulf of Mexico oil drilling lease sale just happen under Biden?

Electrek

The US Bureau of Ocean Energy Management (BOEM) held a lease sale in the Gulf of Mexico yesterday for oil and gas drilling rights. more… The post Why did a Gulf of Mexico oil drilling lease sale just happen under Biden?

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IRENA: Mexico can more than quadruple share of renewable energy by 2030

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Mexico can increase the use of renewable energy in its energy mix from 4.4% in 2010 to 21% by 2030, according to a report released by the International Renewable Energy Agency (IRENA). Mexico could generate up to 46% of its electricity, or 280 terawatt-hours (TWh), from renewable sources each year.

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