Permian Basin
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An analysis by researchers from Stanford University found leaks of methane from oil and gas drilling in the Permian Basin were many times higher than government estimates.
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Oxy aims to combine crude oil with environmental attributes generated from the sequestration of atmospheric CO2 captured with its planned direct-air-capture plant and sequestered in its enhanced-oil-recovery reservoirs in the Permian Basin.
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Chevron adds to a growing list of big US oil and gas producers that are seeking to bring to market responsibly sourced gas.
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The companies will leverage each other’s experience and assets to offer full-cycle water-handling services in West Texas.
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Oil production is reaching new levels in the Permian Basin and it has created some uncertainty about where all the associated gas will go.
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The new pressure-pumping company says that its new natural-gas-powered fleet is the most powerful of its kind in the US market and reduces the footprint on well pads by 70% vs. the average diesel fleet.
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The trend toward drilling longer horizontal wells is growing with lateral lengths of 3 miles reached.
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EDF and Carbon Mapper find more than two dozen facilities producing the same near-term climate pollution as about 500,000 passenger vehicles.
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The Texas Railroad Commission has designated a new swath of the Permian as a Seismic Response Area after a series of earthquakes linked to water-disposal wells rattled the area.
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Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.