Permian Basin
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After 2 years of testing, Shell is going all in on using high-flying technology to catch methane leaks to reduce its overall emissions to less than 1%.
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ExxonMobil is reluctant to join other big oil companies writing down the value of their reserves. It could chop its reserves by 20%, but it has not made a final decision.
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Chevron strengthens its North American position with assets in the Permian, DJ, and Eagle Ford basins and offshore in Israel and West Africa.
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The complete paper discusses the use of cumulative production ratio curves normalized to a given reference volume in time for different unconventional plays in North America to investigate the median trend for each play and the median ultimate recovery per play.
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A recovery in the energy industry is key to the oilfield water sector in the Permian. But the industry must address issues such as further research, regulatory changes, and technology.
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Water is precious, and it is a factor in every aspect of oil production in the Permian Basin. It is used to produce the hydrocarbons, and it is produced with them. In the often-arid region of the Permian, finding a balance between water production and use can be a challenge.
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The Permian Basin is now influencing the upstream water market on the way down, while many questions swirl around the implications of unprecedented shut-ins.
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Centennial said in its 10-Q report for Q1 that the economic downturn increased the likelihood that the transaction would fail to close by its original timeline.
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Tracking down fugitive emissions has traditionally relied on small-scale detection efforts. This new project seeks to buck the trend by covering the Permian Basin with sensors.
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Sourcing water, flowback water services threatened as D&Cs decline.