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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.

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Shell starts production at Vito in US Gulf of Mexico; new, simplified design

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Shell Offshore, a subsidiary of Shell plc, has started production at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). Vito is Shell’s 13 th deep-water host in the Gulf of Mexico. Vito is Shell’s 13 th deep-water host in the Gulf of Mexico. 63.11% operator) and Equinor (36.89%).

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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 In 2022, US crude oil production averaged an estimated 11.9 The forecast of crude oil production in the Permian increases by 470,000 b/d to average 5.7

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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. First oil is targeted for 2028.

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Tesla Giga Mexico building ‘a whole new production line’ for $25k compact car: Gov. Samuel García Sepúlveda

Teslarati

Tesla Gigafactory Mexico is expected to take longer to build because the company is working on a new production line for its $25k compact car. Governor Samuel García Sepúlveda recently announced that Tesla Gigafactory Mexico would take around 12 to 15 months to build–longer than it took Tesla China to build Giga Shanghai.

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Emerson and BayoTech partner to scale production and distribution of low-cost, modular SMRs for hydrogen production

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Emerson will deliver advanced automation technologies, software and products to enable BayoTech to build hundreds of hydrogen units. BayoGaaS, BayoTech’s gas-as-a-service option, provides customers with low-cost hydrogen on demand.

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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

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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). Production of existing reserves. Thorough appraisals of existing fields. per barrel in 2021.

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