Drilling

Research by Enervus sees early 2026 permitting activity for the carbon capture and storage wells pointing to a growing approval queue, even while the rate of applications eases.
The new guidelines were released prior to reports that enhanced geothermal developer Fervo Energy experienced a blowout in Utah with no reported injuries.
BP said it expects to keep the Azeri-Chirag-Gunashli (ACG) project in production into the 2040s by tapping into separate nonassociated gas reservoirs.

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