Management
The Texas-based geothermal company said it set a new temperature record and achieved strong drilling performance in its first enhanced geothermal pilot.
Plans call for license partner Aker BP to serve as operator during the development phase, with operatorship reverting to DNO after first oil in 2028.
Even as industry faces policy and tariff uncertainty, companies view spending on digital transformation as a driver of efficiency.
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You know about upstream, midstream, and downstream. Now, get ready for the coming age of "counterstream" which will leverage many of the industry's existing engineering skillsets. -
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.
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Design, construction specialist books new work in the Middle East, Australia, and Saudi Arabia.
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The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
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New projects coming on line throughout the year will vault the nation ahead of Australia and Qatar.
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Energy giant also forms venture with GE to reduce emissions from gas turbines.
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Regulatory uncertainty continues to hamper Canadian provinces in competition for hydrocarbon investment.
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Next month, the 23-nation group of crude exporters will raise its allowable production output by another 400,000 B/D.
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The technical section will focus on the transfer of technology and practices from the oil and gas industry to geothermal energy development and promote industry best practices.
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Field cluster in the South China Sea expected to produce over 45,000 B/D of oil in 2023.
