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GlobalData: best performing wells in Permian break-even at as low as US$22 per barrel

Green Car Congress

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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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Chevron has already shifted to gas-fired co-generation plants to produce steam and export power to the California grid; it is also working on a solar concentrator pilot in New Mexico that would generate steam using sunlight to further reduce costs and environmental impact of its thermal production process.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Driving range will no longer be an obstacle, because customers will be able to plug their cars into charging units in any of the 500,000 charging spots in Israel. He has interests in businesses in fuel cells, superconductors and carbon software , and his clients range from startups to major oil companies. Email Neal.

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