Green Car Congress

JANUARY 3, 2018

The US Department of Energy (DOE) has selected six projects to receive approximately $30 million in federal funding for cost-shared research and development in unconventional oil and natural gas (UOG) recovery. The Institute of Gas Technology. Texas A&M Engineering Experiment Station. Selected UOG projects. Description.

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Oil Gas Virginia Delaware 150

Green Car Congress

APRIL 12, 2011

Alta Resources, LLC and Blackstone Capital Partners, an affiliate of The Blackstone Group have formed Alta Energy Partners which will invest up to $1 billion to acquire and develop unconventional oil and gas assets in North America. Founded in 1999 by Joseph G.

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North America Oil America Arkansas 199

Green Car Congress

SEPTEMBER 14, 2011

Shell and The University of Texas at Austin signed a five-year agreement to invest $7.5 million to address short- and long-term challenges facing the growing worldwide unconventional oil and gas industry. Shale gas is abundant, widely used, and a growing source of energy in the United States.

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Austin Gas Texas Universal 250

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil. Resource Base. Exxon Mobil Corporation added 2.7

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Green Car Congress

OCTOBER 26, 2012

Beaudreau released the final details for an oil and gas lease sale that will offer more than 20 million acres offshore and will make available all unleased areas in the Western Gulf of Mexico Planning Area. Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Earlier post.).

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Oil Gas Obama Mexico 236

Green Car Congress

OCTOBER 3, 2022

Oil and gas producers rely on flaring to limit the venting of natural gas from their facilities. Methane—which can be a byproduct of oil production—is a powerful greenhouse gas. Methane—which can be a byproduct of oil production—is a powerful greenhouse gas. Kort, Adam R.

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North Dakota Gas Oil Michigan 221

Green Car Congress

JUNE 25, 2014

GE Oil & Gas has received an order for the offshore oil and gas industry’s first 20,000-psi (20-ksi)-rated deepwater blowout preventer (BOP) stack and riser systems from Maersk Drilling. It was the failure of the BOP stack on the Macondo well that enabled the massive oil release from the Deepwater Horizon disaster.

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Oil Gas Maintenance Houston 210

Green Car Congress

OCTOBER 16, 2015

Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

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Green Car Congress

JULY 23, 2012

The US Bureau of Ocean Energy Management (BOEM) will offer more than 20 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. Earlier post.) Earlier post.)

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Green Car Congress

FEBRUARY 21, 2012

The US and Mexico have signed an agreement on the exploration and development of oil and natural gas reservoirs along the United States’ and Mexico’s maritime boundary in the Gulf of Mexico. The Transboundary Agreement sets clear guidelines for the development of oil and natural gas reservoirs that cross the maritime boundary.

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Mexico Oil Gas Obama 218

Green Car Congress

APRIL 18, 2023

Chevron (as well as fellow oil major ExxonMobil) has been developing co-processing—adding biomass-derived feedstocks to the fossil-based feedstocks of existing petroleum refinery process units—as a way to produce fuels with increased renewable content more cost-effectively.

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Chevron Gasoline Renewable Toyota 446

Green Car Congress

AUGUST 5, 2016

Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

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Oil Solar California Chevron 150

Green Car Congress

JUNE 27, 2018

A GlobalData analysis of recent wells for 26 operators in the Permian basin indicates a break-even oil price range from US$21 to US$48 per barrel with lateral lengths ranging from 4,500 ft to 10,500 ft. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.

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Oil Chevron Texas New Mexico 236

Green Car Congress

NOVEMBER 5, 2012

A research team led by The University of Texas at Austin, and including engineering and environmental testing firms URS and Aerodyne Research, is conducting a major field study to measure methane emissions from natural gas production, about which little empirical data exist.

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Austin Universal Texas Gas 210

Green Car Congress

MARCH 18, 2015

Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground. by James Stafford of Oilprice.com.

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Water Texas Oil Mexico 150

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

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El Paso 2011 Oil Gas 225

Green Car Congress

AUGUST 2, 2011

The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected 11 research projects that will help find ways to extract more energy from unconventional oil and gas resources while reducing environmental risks for awards totalling $12.4 The selections include $10.3 The selections include $10.3

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Oil Gas Oil-Sands Illinois 225

Green Car Congress

NOVEMBER 6, 2014

Greyrock Energy, a company transforming natural gas into premium transportation fuels ( earlier post ), announced a final investment decision (FID) to build a small-scale Gas-to-Liquids (GTL) facility near Houston, Texas. Bolin, Chairman, Eagle Oil & Gas. —Pat S.

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Houston Gas Building Dallas 225

Green Car Congress

JULY 21, 2012

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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Oil New Mexico Texas Mexico 210

Green Car Congress

MAY 28, 2010

Royal Dutch Shell plc is expanding its portfolio in North America tight gas (natural gas produced from tight, low permeability formations) with new positions in high potential US shale gas acreage in the Marcellus shale and Eagle Ford plays. million acres (5,250 square kilometers) of North America tight gas acreage.

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Gas North America Texas Wyoming 186

Green Car Congress

OCTOBER 10, 2011

a Canadian intermediate oil and liquids-rich natural gas producing company with a suite of resource assets in Western Canada, for approximately C$2.2 In addition, Daylight has been actively drilling light oil in. Eagle Ford shale development in Texas. billion (US$2.13 billion) in cash.

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Green Car Congress

JANUARY 31, 2013

Pioneer Natural Resources Company is an independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. Securities, Inc. and Mayer Brown LLP acted as financial advisor and legal adviser to Sinochem respectively on the transaction.

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Dallas Legal USA Oil 218

Green Car Congress

DECEMBER 14, 2009

The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO’s resource base is the equivalent of 45 trillion cubic feet of gas and includes shale gas, tight gas, coal bed methane and shale oil.

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Oil Fort Worth West Virginia Gas 186

Electric Auto Association

JULY 5, 2021

Houston chapter leads toward clean energy in Texas. The outreach efforts of the Houston Electric Auto Association (HEAA), founded 34 years ago in the heart of American oil country, have not always been met with a positive response. “We Texas understands how to set up energy markets, Douglass said. “We Showing a home-brew EV.

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Oil Houston Golf Cart Aptera 98

Green Car Congress

JULY 23, 2018

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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Delaware Production Texas New Mexico 210

Green Car Congress

JULY 22, 2011

Summit Power Group, LLC and Blue Strategies, LLC have signed a 15-year CO 2 offtake agreement with Whiting Petroleum Corporation for some of the CO 2 that will be captured by Summit’s Texas Clean Energy Project ( TCEP ), a coal gasification with carbon capture polygen project being developed in Penwell, Texas, outside Odessa.

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Coal Texas Oil CO2 186

Green Car Congress

JANUARY 6, 2012

Marubeni Corporation announced that Marubeni Eagle Ford Limited Partnership, a US subsidiary of Marubeni, has entered into an agreement with Dallas based Hunt Oil Company to acquire a 35% working interest in the Eagle Ford shale oil and gas play covering approximately 52,000 net acres of oil and gas leases located in Texas.

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Oil Ford Qatar Dallas 186

Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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Oil 2016 Oil-Sands Global 150

Green Car Congress

MARCH 19, 2013

North Dakota crude oil production (including lease condensate) averaged an all-time high of 770,000 barrels per day in December 2012, according to the US Energy Information Administration (EIA). Much of crude oil production in North Dakota is gathered and transported by truck to railcars leaving the state. Source: EIA.

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North Dakota 2012 Oil Transportation 268

Green Car Congress

JANUARY 15, 2011

The Board of Directors of Marathon Oil Corporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon Oil Corporation (MRO) will be a global upstream company based in Houston, Texas. Superior transparency and improved investor focus.

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Oil Oil-Sands Houston Corporation 210

Green Car Congress

OCTOBER 15, 2021

Air Products is a world-leading industrial gas company that produces and transports hydrogen and other essential industrial gases to many customer facilities in Louisiana, across the US Gulf Coast and around the world. Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion

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Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource.

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Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

SEPTEMBER 4, 2011

Engineers from the University of Houston and the University of Texas report that waterflooding with a surfactant—thereby altering the wettability of oil reservoir rocks—can increase oil recovery from 62 to 85%. Carbonate rocks tend to be “oil-wet”—i.e., The key problem in applying CO 2.

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Oil Engine Polymer Water 244

Green Car Congress

MARCH 5, 2015

Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. In other words, oil is a volatile market, but prices are in a long term upward trend.

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Oil Prices Oil Price Saudi Arabia 150

Green Car Congress

JANUARY 28, 2021

The project will convert an existing hydrocracker for the production of low-carbon renewable diesel from soybean oil, resulting in a reduction of greenhouse gas emissions compared to hydrocarbon diesel. Petroleum products produced at the Wynnewood refinery are purchased by Coffeyville Resources Refining & Marketing.

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Renewable Diesel Energy Production 221

Green Car Congress

AUGUST 31, 2016

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. The West Texas shale basin has captured two-thirds of the 90 oil rigs that have been added since hitting a nadir in May. by Nick Cunningham of Oilprice.com.

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Oil Prices Oil Fort Worth Texas 170

Green Car Congress

MAY 9, 2012

has signed a memorandum of understanding with California-based PACE to collaborate with oil field operators in Texas and elsewhere to improve petroleum recovery and water cleaning for re-use at well sites, using a process it originally developed for algae harvesting. Algae technology company OriginOil, Inc. April 2012.

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