article thumbnail

EIA: Proved reserves of US natural gas increased 32% during 2021

Green Car Congress

trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to the US Energy Information Administration’s (EIA’s) recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report. The wholesale spot price for natural gas at the US benchmark Henry Hub in Louisiana averaged $3.89

Gas 457
article thumbnail

BP Plans to Deploy Subsea Oil Recovery System in 6-8 Days, Weather Permitting

Green Car Congress

Concept of the subsea oil recovery system. BP is working to deploy a subsea oil recovery system over the largest leak source in the Transocean Deepwater Horizon Rig that it hopes will capture up to 85% of the oil rising from the sea floor following the sinking of Deepwater Horizon on 22 April. Not to scale. Click to enlarge.

Oil 294
article thumbnail

$112.5M awarded to research consortia studying effects of Deepwater Horizon oil spill on Gulf of Mexico

Green Car Congress

million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. The GRI also funds research that improves techniques for detecting oil and gas, spill mitigation, and technologies to characterize and remediate spills. Project Title: Deep-C: Deepsea to Coast Connectivity in the Eastern Gulf of Mexico.

Mexico 225
article thumbnail

EIA: planned capacity additions to US crude oil pipeline infrastructure should relieve Cushing bottleneck

Green Car Congress

According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oil production in the US mid-continent and Canada.

Oil 220
article thumbnail

Air Products dedicates world’s largest hydrogen plant and pipeline system

Green Car Congress

Air Products had operated two hydrogen pipeline systems in Texas and Louisiana before joining them with a new 180-mile segment. The Gulf Coast Connection Pipeline (GCCP) is now able to provide hydrogen to customers along the 600-mile pipeline span from more than 20 hydrogen production facilities.

Hydrogen 186
article thumbnail

Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

Green Car Congress

The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO is a US producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States.

Oil 186
article thumbnail

UT Austin study finds no direct connection of hydraulic fracturing to reports of groundwater contamination

Green Car Congress

The study found that many problems ascribed to hydraulic fracturing are related to processes common to all oil and gas drilling operations, such as casing failures or poor cement jobs. Earlier post.). Earlier post.). It will also assess the quantity of fresh groundwater used in shale gas development and evaluate ways to reduce the amount.

Austin 199