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New Mexico Adopts Greenhouse Gas Cap-and-Trade Program

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The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three greenhouse gas reduction regulations—called the most stringent in the US—that will reduce global warming pollutants through a regional cap on greenhouse gas emissions. New Mexico Greenhouse Gas Cap-and-Trade Regulation.

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GlobalData: best performing wells in Permian break-even at as low as US$22 per barrel

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During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. —Svetlana Doh, Oil & Gas Analyst at GlobalData.

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NASA’s New Earth Space Mission maps methane ‘super-emitters’

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But EMIT has demonstrated another capability: detecting the presence of methane, a potent greenhouse gas. This image shows a methane plume 2 miles (3 kilometers) long that NASA’s Earth Surface Mineral Dust Source Investigation mission detected southeast of Carlsbad, New Mexico. Credit: NASA/JPL-Caltech.

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DOE-sponsored study concludes billions of barrels of oil potentially recoverable from residual oil zones in US

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Billions of barrels of oil may be potentially recoverable from residual oil zones in the US, according to initial findings from a study supported by the US Department of Energy’s Office of Fossil Energy (FE). Residual oil zones (ROZs), are areas of immobile oil found below the oil-water contact of a reservoir.

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GTI plans second Permian Basin field test site to maximize hydraulic fracturing efficiency and increase production

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GTI (Gas Technology Institue) is leading a high-profile program on Hydraulic Fracturing Test Sites (HFTS) in the Permian Basin, bringing together government and industry to improve recovery, continue enhancing environmentally responsible methods of optimizing production, and lowering costs in the Midland and Delaware Basins.

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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Its high carbon-capture rate reduces the total amount of CO 2 emitted to the atmosphere to less than 10% of the emissions for power from a conventional coal plant, and less than 25% of those for power from a highly efficient, natural gas-fired plant, according to Summit. —Donald Hodel, Chairman of Summit Power. Earlier post.).

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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Gas chromatography comparison of Conoco fuel and a Conoco-CoolPlanet blend. Catalytic Conversion: The catalysts are selected from the group of dehydration catalysts; aromatization catalysts; and gas-upgrading catalysts to produce different types of renewable fuel. Source: Cool Planet. Click to enlarge. Earlier post.).