Green Car Congress

FEBRUARY 21, 2012

The US and Mexico have signed an agreement on the exploration and development of oil and natural gas reservoirs along the United States’ and Mexico’s maritime boundary in the Gulf of Mexico. The US-Mexico maritime boundary (and Western Gap) in the Gulf of Mexico. Source: Richard McLaughlin.Click to enlarge.

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Green Car Congress

SEPTEMBER 7, 2011

Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater US Gulf of Mexico. Other Moccasin owners are BP, with 43.75% , and Samson Offshore Company, with 12.5%. Chevron is one of the largest leaseholders in the Gulf of Mexico and is currently developing the $7.5 billion Jack/St.

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Chevron Mexico Oil Oil-Sands 199

Green Car Congress

DECEMBER 23, 2013

The US-Mexico Transboundary Hydrocarbons Agreement, which establishes a framework for US offshore oil and gas companies and Mexico’s Petroleos Mexicanos (PEMEX) jointly to develop transboundary reservoirs ( earlier post ), was enacted today as part of the Bipartisan Budget Act ( H.J.Res.59 Source: Richard McLaughlin.

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Green Car Congress

AUGUST 31, 2011

The Gulf of Mexico Research Initiative (GRI) Research Board announced that eight Research Consortia will be funded for the next three years with a total of $112.5 million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. Project Title: Gulf of Mexico Integrated Spill Response Consortium.

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Mexico Oil North Carolina Florida 225

Green Car Congress

JUNE 8, 2011

Exxon Mobil Corporation announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company’s first post-moratorium deepwater exploration well. “This is one of the largest discoveries in the Gulf of Mexico in the last decade.” Graphic: Business Wire).

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Mexico Oil Water Gas 186

Green Car Congress

JULY 23, 2012

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of.

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Oil-Sands Oil Canada Gas 325

Green Car Congress

AUGUST 21, 2014

The US Department of the Interior reported that Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the US Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids. The lease sale, which offered 21.6 billion in bid revenues.

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Mexico Sale Obama Mariner 231

Green Car Congress

JULY 25, 2012

The Bureau of Safety and Environmental Enforcement (BSEE) initiated the first drill designed to deploy critical pieces of advanced well control equipment to the ultra-deep seabed of the Gulf of Mexico in an effort to exercise the oil and gas industry’s response to a potential subsea blowout. MWCC capping stack. Source: MWCC.

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Mexico Oil Gas Mariner 210

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5% Earlier post.).

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Mexico Chevron Oil Oil Prices 150

Green Car Congress

DECEMBER 6, 2012

an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. In the Gulf of Mexico, Total also holds a 33.3%

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Mexico Oil-Sands Gabon Angola 218

Green Car Congress

SEPTEMBER 7, 2011

BP announced today the drilling of a successful appraisal well in a previously untested northern segment of the Mad Dog field in the deepwater US Gulf of Mexico. The well encountered about 166 net feet (50 meters) of hydrocarbons in the objective Miocene hydrocarbon-bearing sands and discovered an oil column of more than 300 feet (91 meters).

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Mexico Oil Oil-Sands Chevron 220

Green Car Congress

NOVEMBER 17, 2011

Shell Oil Company is now producing oil from what it says is the world’s deepest subsea well at its Perdido Development. miles) below the water’s surface, is located in the Tobago Field 200 miles southwest of Houston in the ultra-deep water of the Gulf of Mexico. Perdido produced its first oil and gas on 31 March 2010.

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Mexico Oil Gas Chevron 236

Green Car Congress

APRIL 28, 2017

BP announced a major breakthrough in seismic imaging that has identified more than 200 million barrels of additional resources at BP’s Atlantis field in the deepwater Gulf of Mexico. The subsurface property models that are created by FWI are used to create high quality and high resolution images of oil and gas reservoirs.

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Mexico Trinidad Azerbaijan Angola 170

Green Car Congress

FEBRUARY 24, 2014

BP announced the start-up of Na Kika Phase 3, a project supporting BP’s strategy of growing high-margin production at four BP-operated hubs in the ultra-deepwater Gulf of Mexico. The first Na Kika Phase 3 well began oil production on 19 February, with a second well expected to start up in the second quarter.

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Green Car Congress

JULY 5, 2023

HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. Through its subsidiaries, it operates seven complex refineries with a total processing capacity of 678,000 barrels per day of crude oil.

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Renewable Diesel Wyoming New Mexico 195

Green Car Congress

JULY 22, 2010

Chevron, ConocoPhillips, ExxonMobil and Shell plan to build and deploy a rapid response system that will be available to capture and contain oil in the event of a potential future underwater well blowout in the deepwater Gulf of Mexico. The companies have committed $1 billion to fund the initial costs of the system.

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Mexico Oil Chevron Mariner 186

Green Car Congress

NOVEMBER 30, 2011

and China-based CNOOC Limited have finalized a joint venture that will give CNOOC a working interest in up to six deepwater exploration wells in the Gulf of Mexico. CNOOC is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world.

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Mexico Oil-Sands Oil Canada 218

Green Car Congress

JULY 2, 2015

Royal Dutch Shell plc (Shell) made final investment decision (FID) to advance the Appomattox deep-water development in the ultra-deepwater Gulf of Mexico. This decision authorizes the construction and installation of Shell’s eighth and largest floating platform in the Gulf of Mexico.

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Mexico Water Louisiana Oil 150

Green Car Congress

FEBRUARY 28, 2013

Malo PS003 well in the prolific Lower Tertiary trend in the deepwater Gulf of Mexico. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. The facility is planned to have a design capacity of 177,000 barrels of oil-equivalent per day to accommodate production from the Jack/St.

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Chevron Mexico Oil-Sands Louisiana 256

Green Car Congress

JULY 30, 2013

Green crude company Sapphire Energy, Inc. has paid off the entire loan guarantee awarded to the company by the USDepartment of Agriculture. 2009, the company was awarded a $54.5-million 2009, the company was awarded a $54.5-million With their backing, we did exactly what we set out to do.

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Companies Energy Columbus Oil 230

Green Car Congress

APRIL 20, 2013

Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA).

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Saudi Arabia Oil Iraq Venezuela 262

Green Car Congress

MARCH 20, 2013

Sapphire Energy has entered into a commercial agreement with Tesoro Refining and Marketing Company, LLC, a subsidiary of Tesoro Corporation. This begins the first step of a commercial relationship to process Green Crude oil from Sapphire’s future commercial facilities.

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Oil Purchase Green Columbus 218

Green Car Congress

NOVEMBER 16, 2016

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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Green Car Congress

AUGUST 18, 2021

Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. Shenzi is a six-lease development in the deepwater Gulf of Mexico and is structured as a joint ownership: BHP (Operator, 72% interest) and Repsol S.A. (28% 28% interest). BHP also recently announced that it will supply Tesla Inc. Earlier post.).

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Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At the same time, Saudi Arabia’s export volumes have been hit by high local summer demand for crude oil and products. by Cyril Widdershoven for Oilprice.com.

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Oil Libya Nigeria Qatar 186

Green Car Congress

NOVEMBER 26, 2015

Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. Many companies have already slashed spending and culled their payrolls, but the total number of job losses continues to climb.

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Texas Oil Oil Prices Mexico 150

Green Car Congress

JANUARY 21, 2015

US oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. That pushed companies to focus on wet gas and oil.

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Oil Prices Oil Price Mexico 150

Green Car Congress

AUGUST 12, 2015

Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump. This could eventually result in refiners cutting their crude oil imports.

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Oil Prices Saudi Arabia Oil Price 150

Green Car Congress

AUGUST 14, 2021

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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San Antonio Hydrogen Convert Mexico 170

Green Car Congress

JULY 27, 2018

BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. billion boe.

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Oil Gas Alaska Delaware 150

Green Car Congress

JANUARY 29, 2015

BP) and ConocoPhillips Company (COP) to explore and to appraise jointly-held offshore leases in the emerging Paleogene trend in the deepwater Gulf of Mexico. Malo oil production platform in the Paleogene/Lower Tertiary on time and on budget. —Richard Morrison, president of BP’s Gulf of Mexico business. – Gila.

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Chevron Mexico Oil Louisiana 150

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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Green Car Congress

MARCH 28, 2012

The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration.

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Saudi Arabia Canada Venezuela 2011 220

Green Car Congress

MAY 7, 2014

Statoil executive vice president for its North American operations Bill Maloney said that the company has set a goal of recovering an average of 70% of the oil in its Johan Sverdrup field in the Norwegian continental shelf. We’ve set a very large goal for oil recovery for Johan Sverdrup.

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Green Car Congress

DECEMBER 10, 2013

one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization. San Diego-based Sapphire Energy, Inc.,

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Oil Energy San Diego Columbus 199

Green Car Congress

DECEMBER 9, 2019

HollyFrontier Corporation, an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products, plans to construct a new renewable diesel unit (RDU) at its Artesia, New Mexico refinery (Navajo Refinery).

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Renewable Diesel New Mexico Oklahoma 150

Green Car Congress

SEPTEMBER 29, 2014

Rosneft announced a major oil discovery at the East-Prinovozemelskiy-1 license area in the Kara Sea, following the successful completion of the drilling of the northernmost well in the world—the Universitetskaya-1 well. The drilling was completed in record time: one and a half months, the company said. Earlier post.)

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