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NDPC study finds Bakken crude similar to other light sweet crudes, no greater rail transport risk

Green Car Congress

Bakken crude is similar to other North American light, sweet crudes and does not pose a greater risk to transport by rail than other transportation fuels, according to a study recently completed by Turner, Mason & Company for the North Dakota Petroleum Council (NDPC). The data indicated no significant changes in transit.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Prices for light oil are set at $67 per barrel and natural gas prices fixed at $7.50 According to the EIA , Argentina has over 800 trillion cubic feet of unproved technically recoverable shale gas reserves (more than the 622 tcf located in the US) and 27 billion barrels of shale oil, which is less than only the US, Russia, and China.

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DOE-Sponsored Field Test Demonstrates Viability of Simultaneous CO2 Storage and Enhanced Oil Recovery in Carbonate Reservoirs

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The percentage of oil in the produced fluid, commonly referred to as the oil cut, also increased, more than doubling from less than 3% to 6%. Production more than doubled over the course of a 3-month period, increasing from a baseline rate of 1.5 stock tank barrels (STB) per day to 3-7 STB per day.

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Linc Energy taking stake in aboveground gasification company; potential CTL introduction in US

Green Car Congress

Linc says the Pyromex process produces good quality syngas with almost no CO 2 gas emissions, and without the need for the consumption of high volumes of water or power. This royalty does not include any downstream profit exposure, such as may be achieved from gas-to-liquids production.

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Occidental Petroleum Projects California Shale Development May Become Its Largest Business Unit Within 10 Years

Green Car Congress

Occidental Petroleum, the fourth-largest US oil and gas company, based on equity market capitalization, says that within the next 10 years, its California shale development program—which currently delivers more than 25% of its California production—could become the company’s largest business unit. 1 gas producer and No.

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DOE to award up to $137M for SuperTruck II, Vehicle Technology Office programs

Green Car Congress

Demonstrate plug‐in electric vehicles through local showcases in key markets throughout major metropolitan areas in seven Midwest states: Ohio, Michigan, Indiana, Illinois, Wisconsin, Minnesota, and North Dakota. Gas Technology Institute. Drive Oregon. Alternative Fuel Vehicle Workplace Safety Programs (Area of Interest 10).

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Opinion: Busting The “Canadian Bakken” Myth

Green Car Congress

The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. enthused the Financial Post. The project was approved by the NEB in 2010. But with U.S.

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