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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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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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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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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. kilometers) long southeast of Carlsbad, New Mexico, in the Permian Basin. Credit: NASA/JPL-Caltech.

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

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Anadarko Petroleum Corporation (Anadarko) and Shell Exploration and Production Company (Shell) plan to co-host a new field test site in the Delaware Basin, where multiple experiments to evaluate well completion, optimize design, and quantify environmental impact will be carried out. Current oil production is approximately 2.4

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Study Finds Microwave-Assisted Transesterification of Camelina Oil Consumes Less Than 10% of the Energy as Conventional Heating

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Researchers at the University of New Mexico found in a study of the catalytic conversion of Camelina Sativa oil to biodiesel through both conventional heating and microwave radiation that the microwave-heating method consumed less than 10% of the energy to achieve the same yield as the conventional heating method. Prafulla D.

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DOE awarding $22 million for algal fuel and biomass feedstock supply chain projects

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Based in Lihue, Kauai, Hawaii Bioenergy will develop a cost-effective photosynthetic open pond system to produce algal oil. Sapphire Energy ($5 million DOE investment): Headquartered in San Diego, California, Sapphire Energy will develop a new process to produce algae-based fuel that is compatible with existing refineries.

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