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DOE-sponsored study concludes billions of barrels of oil potentially recoverable from residual oil zones in US

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Billions of barrels of oil may be potentially recoverable from residual oil zones in the US, according to initial findings from a study supported by the US Department of Energy’s Office of Fossil Energy (FE). Residual oil zones (ROZs), are areas of immobile oil found below the oil-water contact of a reservoir.

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USGS estimates 20B barrels of oil in Texas’ Wolfcamp Shale; largest USGS estimate of continuous oil ever in US

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The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.

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Port of Corpus Christi, Howard announce to convert Javelina refinery services facility to blue hydrogen production

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The Port of Corpus Christi says that it is uniquely suited to become the nation’s premier carbon capture and sequestration management hub based on the high density of industrial CO 2 emitters, a robust network of existing pipeline infrastructure, and the Port Authority’s ownership of lands leading to state waters in the Gulf of Mexico.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

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Sapphire Energy’s commercial demonstration algae-to-energy facility now operational; 81 million tons of algal biomass harvested

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million gallons per year of crude oil and consist of approximately 300 acres of algae cultivation ponds and processing facilities. The initial phase also includes all the necessary mechanical and processing equipment needed to harvest and extract algae and recycle water for the 300 acre Green Crude Farm. acre and 2.2

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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Under the new agreement, Whiting will purchase 80 million cubic feet (80,000 Mcf/d) of compressed CO 2 per day from TCEP—representing approximately 60% of TCEP’s total volume of captured CO 2 —during the first five years of TCEP’s operation, with gradually declining amounts and an option to extend the purchases thereafter.

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Lawrence Livermore and Navajo Nation to partner in energy efforts

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LLNL and the Navajo Nation plan to collaborate in an array of areas including energy security; carbon sequestration; coal gasification; shale gas; enhanced oil recovery; wind, geothermal and solar; environmental studies and other areas. —Steve Grey, program manager at LLNL.

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