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

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Proved reserves of natural gas in the United States grew to a new record of 625.4 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.

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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). Alaska had the largest increase in proved reserves of natural gas in 2021 (173%, 63.3

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Department of Interior awards initial $560M to 24 states to plug, cap and reclaim orphaned oil and gas wells

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The Department of the Interior awarded an initial $560 million from the Bipartisan Infrastructure Law to 24 states to begin work to plug, cap and reclaim orphaned oil and gas wells. The Tribal orphaned well grant program is being informed by ongoing Tribal consultations and listening sessions. California. 1,000-1,200. Mississippi. *.

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National Academies’ Gulf Research Program awards $10.8M to address systemic risk in offshore oil and gas operations

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million to six new projects to develop new technologies, processes, or procedures that could result in improved understanding and management of systemic risk in offshore oil and gas operations. This information will improve modeling capability of wellbore integrity and guide designs that can be used to reduce leakage.

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EIA: US renewable diesel capacity could more than double through 2025

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US production capacity for renewable diesel could more than double from current levels by the end of 2025, based on several announcements for projects that are either under construction or could start development soon, according to the US Energy Information Administration (EIA). billion gallons per year (gal/y), at the end of 2022.

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BOEM completes draft environmental review for Central and Western Gulf of Mexico oil and gas lease sales

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The US Bureau of Ocean Energy Management (BOEM) has completed a draft environmental impact statement regarding multiple oil and gas lease sales tentatively scheduled between 2012 and 2017 in the Western and Central Gulf of Mexico planning areas, offshore the states of Texas, Louisiana, Mississippi and Alabama.

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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

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At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects.