Green Car Congress
OCTOBER 23, 2014
The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.
Green Car Congress
FEBRUARY 28, 2013
Chevron Corporation announced that it had conducted a successful production test on the St. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Malo development is located approximately 280 miles (450 km) south of New Orleans, Louisiana, in 7,000 feet (2,134 m) of water.
Green Car Congress
APRIL 27, 2011
Enterprise Products Partners L.P. have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston, Texas. Over the past three months, Cushing crude oil (West Texas Intermediate) has been trading at an average discount of approximately $12.57 per barrel and $10.54
Green Car Congress
DECEMBER 16, 2010
Big Foot will be Chevron’s sixth operated facility in the deepwater Gulf of Mexico and located approximately 225 miles (360 km) south of New Orleans, Louisiana, in water depths of 5,200 feet (1,600 m). First oil is anticipated in 2014. Chevron, through its subsidiary Chevron USA Inc.,
Green Car Congress
JUNE 17, 2012
Hydraulic fracturing (“fracking”) extracts natural gas by injecting a mixture of water, sand, and chemicals in short bursts at high pressure into deep underground wells. CCS, due to the large net volumes of injected fluids, may have potential for inducing larger seismic events. —“Induced Seismicity Potential in Energy Technologies”.
Green Car Congress
NOVEMBER 17, 2014
Fracking fluid is largely composed of water and sand, but oil and gas companies also add a variety of other chemicals, including anti-bacterial agents, corrosion inhibitors and surfactants. Surfactants reduce the surface tension between water and oil, allowing for more oil to be extracted from porous rock underground.
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