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BP announces significant resource extension of Mad Dog Field in deepwater Gulf Of Mexico; total hydrocarbons estimated at up to 4B barrels of oil equivalent

Green Car Congress

Pending confirmation through future appraisal drilling, the total hydrocarbons initially in place in the Mad Dog field complex are now estimated to be up to four billion barrels of oil equivalent. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6% BHP Billiton has a 23.9%

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Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

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The feasibility study will consider two options: a 2 million tons per year (roughly 40,000 barrels of oil equivalent per day) facility and a 4 million tons per year (roughly 80,000 boepd) facility. Sasol continues to advance upstream oil and gas activities in Mozambique, Nigeria, Gabon, Australia, Papua New Guinea, Canada and South Africa.

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First oil from ultra-deepwater Jack/St. Malo project in US Gulf of Mexico

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Chevron announced that crude oil and natural gas production has begun at the ultra-deepwater Jack/St. With a planned production life of more than 30 years, current technologies are anticipated to recover in excess of 500 million oil-equivalent barrels. Malo Oil Export Pipeline, and then onto refineries along the Gulf Coast.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ M barrels/day of oil within the next 10 years ”. One year ago. Eight months ago.

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