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EIA: US Permian Basin oil production and resource assessments continue to increase

Green Car Congress

Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell. As production in other regions fell throughout most of 2015 and 2016, the Permian provided a growing share of US crude oil production. billion barrels of hydrocarbon gas liquids.

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Apache confirms significant new resource play in Texas: 75 Tcf gas, 3B barrels of oil

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Apache Corporation has confirmed the discovery of a significant new resource play—the “Alpine High”—in the southern portion of the Delaware Basin, primarily in Reeves County, Texas. These formations are in the wet gas window and are expected to deliver a combination of rich gas and oil.

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California Clean Fuels rule reports 100% compliance in 2016

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The 2016 Compliance Report for the Low Carbon Fuel Standard (LCFS), released today by the California Air Resources Board (ARB), shows 100% compliance with the regulation. In 2016, the industry continued to over-comply with the regulation, generating 9.1 million metric tons of greenhouse gas emission reductions.

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EIA: natural gas-fired reciprocating engines are being deployed more to balance renewables

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Other includes landfill gas, biomass, and other gas. Reciprocating engines tend to be smaller than other types of natural gas-fired electricity generators and account for a relatively small share of power plants fueled by natural gas. MW natural gas-fired engines for a total plant capacity of 225 MW.

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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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Southern Company acquiring AGL Resources for $8B, creating 2nd largest US electric and gas utility by customer base

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Southern Company and AGL Resources announced that the boards of directors of both companies have approved a definitive merger agreement under which AGL Resources will become a new wholly owned subsidiary of Southern Company for about $8 billion. Customers will continue to be served by their current gas and electric utility companies.

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California ARB: GHG emissions fell below 1990 levels for first time in 2016; down 13% from 2004 peak; transportation emissions up 2%

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The California Air Resources Board (CARB) announced that greenhouse gas emissions in California in 2016 fell below 1990 levels for the first time since emissions peaked in 2004—a reduction roughly equivalent to taking 12 million cars off the road or saving 6 billion gallons of gasoline a year.

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