article thumbnail

UCG company Linc Energy completes drilling of first gas exploration well in Alaska

Green Car Congress

Underground coal gasification company Linc Energy has completed the drilling of the LEA #1 exploration well in the Point Mackenzie Block of the Cook Inlet Basin in Alaska, USA. LEA #1 encountered a number of gas bearing horizons and 7" casing has been run and cemented. Earlier post.). —Linc Energy CEO Peter Bond.

Alaska 225
article thumbnail

IHS Markit: Alaska North Slope a super basin ready for resurgence; production to grow 40% in 8 years

Green Car Congress

Based on recent discoveries, the IHS Markit Plays and Basins: Alaska North Slope (ANS) Basin; Resurgence in an Arrested, Late-emerging Super Basin analysis estimates that the ANS Basin offers 38 billion barrels of oil equivalent (BOE) in remaining recoverable resources (50 trillion cubic feet (TCF) of gas, and 28 billion barrels of oil).

Alaska 170
article thumbnail

USGS estimates nearly 39 billion barrels of oil undiscovered and technically recoverable in two Arctic petroleum provinces; 275 trillion feet of gas

Green Car Congress

Map of Arctic Alaska Province (outlined in black) showing boundaries of the platform and fold-and-thrust belt assessment units in red. Arctic Alaska Province. The Arctic Alaska Petroleum Province encompasses all lands and adjacent continental shelf areas (i.e., Source: USGS. Click to enlarge.

Oil 286
article thumbnail

Rosneft touts major light oil find from “northernmost well in the world” in the Arctic

Green Car Congress

I can inform you about the discovery of the first oil/gas-condensate field in the new Kara sea oil province. It is an astonishing sample of light oil, which based on the results of the analysis performed, is comparable to the Siberian Light oil. The first oil was extracted.

Oil 231
article thumbnail

Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

Green Car Congress

However, although the state has made considerable progress decoupling economic growth from greenhouse gas (GHG) emissions, the rate of emissions decline appears to be slowing, due in part to a spike in transportation emissions attributed to an increase from light-duty vehicles. in emissions from on-road vehicles. —Adam Fowler.

article thumbnail

Argonne analysis shows greenhouse gas emissions similar for shale, conventional oil

Green Car Congress

Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

Oil 150
article thumbnail

Foss Maritime to build first three of new Arctic Class of deep-sea tugs for oil and gas industry

Green Car Congress

Responding to new oil and gas industry opportunities, Foss Maritime Company will build the first three tugs in an. Foss says the new tugs will position it to compete for opportunities in the oil and gas industry. Several oil and gas customers are. gas exploration in to areas with little or no infrastructure.

Oil 218