ConocoPhillips
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Produced water is a brew of salt, chemicals, and minerals that oil companies have always had to deal with. Landowners had no problem with that arrangement until they could see ways to make some money from it.
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New studies are a reminder that the effort to identify, classify, and nullify frac hits remains paramount to the future of the unconventionals business.
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The award includes two LNG ‘mega’ trains with a combined capacity of 16 mtpa.
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The approval adds momentum to the Alaska North Slope’s production revival.
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Environmental report recommends shrinking the Alaska project to three drilling sites from the five initially proposed by ConocoPhillips.
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The company also recently secured a long-term deal with ConocoPhillips for 5 mtpa of LNG.
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The produced water conundrum in the Permian Basin will be solved by a mix of recycling, disposal, and future breakthroughs in technology currently being studied.
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The Oil and Gas Methane Partnership 2.0 counts more than 80 upstream companies as members, representing more than 30% of global production.
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The second plenary session at URTeC this week highlighted the stark reality of both knowns and unknowns oil companies must face in the race to a carbon-free future.
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Eni and ConocoPhillips will join TotalEnergies as international partners with QatarEnergy on the North Field East Expansion, the world’s single largest LNG project ever.