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US EIA: US crude oil production fell by 8% in 2020, the largest annual decrease on record

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US crude oil production averaged 11.3 million b/d in 2019, according to the US Energy Information Administration (EIA). The 2020 decrease in production was the largest annual decline in the EIA’s records. The production decline resulted from reduced drilling activity related to low oil prices in 2020.

Oil 418
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DOE awards $8.4M for accessing geothermal potential from abandoned oil and gas wells

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The US Department of Energy (DOE) selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells. Transitional Energy (Aurora, CO). University of Oklahoma (Norman, OK). ICE Thermal Harvesting (Houston, TX).

Oil 199
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EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

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In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). Production of existing reserves. Thorough appraisals of existing fields.

Oil 259
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CVR Energy selects Haldor Topsoe’s HydroFlex technology for revamp of Wynnewood refinery to renewable diesel, naphtha production

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CVR Energy will base a revamp of its Wynnewood, Oklahoma, refinery on Haldor Topsoe’s HydroFlex technology to produce approximately 100 million gallons of renewable diesel and more than 6 million gallons of renewable naphtha per year. —Dave Lamp, CEO & President of CVR Energy. We are very proud that CVR Energy, Inc.

Renewable 221
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Cohort of new stakeholders joins Open Hydrogen Initiative

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In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

Hydrogen 482
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EIA forecasts Bakken oil production will top 1M barrels per day next month; >10% of US oil production

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The latest monthly update of estimated crude oil production in the Bakken region of North Dakota and Montana shows total wellhead output topping 1 million barrels of oil per day (bbl/d) next month. The update appears in the most recent issue of the US Energy Information Administration’s Drilling Productivity Report (DPR).

Oil 270
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Port of Corpus Christi, Howard announce to convert Javelina refinery services facility to blue hydrogen production

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The Port of Corpus Christi Authority (Port of Corpus Christi) and Howard Midstream Energy Partners, LLC (Howard/HEP) have executed a Memorandum of Understanding (MOU) stating their intention to convert Howard’s Javelina refinery services facility into the region’s first blue hydrogen production facility.