Green Car Congress

APRIL 1, 2022

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. Background.

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Oil Ukraine Libya Iraq 418

Green Car Congress

APRIL 14, 2023

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. bp now operates five production platforms in the deepwater Gulf of Mexico: Argos, Atlantis, Mad Dog, Na Kika and Thunder Horse. Earlier post.) working interest.

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Mexico 2008 Oil Production 259

Green Car Congress

JULY 23, 2012

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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Oil-Sands Oil Canada Gas 325

Green Car Congress

FEBRUARY 14, 2014

US Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that Interior will offer more than 40 million acres for oil and gas exploration and development in the Gulf of Mexico in March lease sales. billion in high bids.

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Mexico Oil Gas Obama 223

Green Car Congress

FEBRUARY 21, 2012

The US and Mexico have signed an agreement on the exploration and development of oil and natural gas reservoirs along the United States’ and Mexico’s maritime boundary in the Gulf of Mexico. The US-Mexico maritime boundary (and Western Gap) in the Gulf of Mexico. Source: Richard McLaughlin.Click to enlarge.

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Mexico Oil Gas Obama 218

Green Car Congress

MARCH 31, 2014

Five states (Texas, North Dakota, California, Alaska, and Oklahoma) and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013, according to the US Energy Information Administration (EIA). Click to enlarge.

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North Dakota Mexico Oil Oklahoma 220

Green Car Congress

SEPTEMBER 7, 2011

Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater US Gulf of Mexico. Chevron is one of the largest leaseholders in the Gulf of Mexico and is currently developing the $7.5 The Keathley Canyon Block 736 Well No. billion Jack/St. Malo and the $4.1 billion Big Foot projects.

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Chevron Mexico Oil Oil-Sands 199

Green Car Congress

NOVEMBER 15, 2013

The latest monthly update of estimated crude oil production in the Bakken region of North Dakota and Montana shows total wellhead output topping 1 million barrels of oil per day (bbl/d) next month. The update appears in the most recent issue of the US Energy Information Administration’s Drilling Productivity Report (DPR).

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Oil North Dakota Production Montana 270

Green Car Congress

MARCH 20, 2013

Sapphire Energy has entered into a commercial agreement with Tesoro Refining and Marketing Company, LLC, a subsidiary of Tesoro Corporation. This begins the first step of a commercial relationship to process Green Crude oil from Sapphire’s future commercial facilities.

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Oil Purchase Green Columbus 218

Green Car Congress

DECEMBER 16, 2013

Energy consumption by light-duty vehicles in the United States, AEO2013 and AEO2014, 1995-2040 (quadrillion Btu). LDV energy consumption declines in AEO2014 Reference case from 16.0 Delivered energy demand for heavy-duty vehicles (HDVs) in AEO2014 increases from 5.3 HDV energy demand is tempered somewhat by an average 0.5%

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Oil Light Energy Vehicles 290

Green Car Congress

DECEMBER 30, 2011

The US Bureau of Ocean Energy Management (BOEM) has completed a draft environmental impact statement regarding multiple oil and gas lease sales tentatively scheduled between 2012 and 2017 in the Western and Central Gulf of Mexico planning areas, offshore the states of Texas, Louisiana, Mississippi and Alabama.

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Mexico Oil Gas Mississippi 210

Green Car Congress

JUNE 21, 2012

The US Department of the Interior held a 39-million acre lease sale in the Gulf of Mexico. Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico oil and gas lease sale attracted $1,704,500,995 in high bids for tracts on the US outer continental shelf offshore Louisiana, Mississippi and Alabama.

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Mexico Oil Gas Mississippi 231

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JULY 16, 2013

Sapphire Energy, Inc. and The Linde Group will expand their partnership to commercialize a new industrial-scale conversion technology needed to upgrade algae biomass into crude oil. Together, the companies will refine the hydrothermal treatment process developed and operated today by Sapphire Energy at pilot-scale.

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Oil Commercial Energy Columbus 239

Green Car Congress

AUGUST 26, 2019

Crude oil and gas naturally escape from the seabed in many places known as seeps. Even deep down in the sediment, where no oxygen exists, it provides an important energy source for subsurface microorganisms. Epifluorescence microscopy picture of Methanoliparia-cells attached to a droplet of oil. (© miles) deep in the ocean.

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Oil Mariner Mexico Gas 281

Green Car Congress

DECEMBER 23, 2013

The US-Mexico Transboundary Hydrocarbons Agreement, which establishes a framework for US offshore oil and gas companies and Mexico’s Petroleos Mexicanos (PEMEX) jointly to develop transboundary reservoirs ( earlier post ), was enacted today as part of the Bipartisan Budget Act ( H.J.Res.59 As a result of the agreement, nearly 1.5

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Mexico Parts Obama Oil 230

Green Car Congress

JUNE 24, 2021

bp announced the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021. The wells are expected to boost gross platform production by an estimated 20,100 barrels of oil equivant a day (boe/d).

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Mexico Mississippi Oil Canada 243

Green Car Congress

JANUARY 26, 2012

The US Department of the Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) will hold the consolidated Central Gulf of Mexico Lease Sale 216/222 in New Orleans on 20 June 202012. Lease Sale 216/222 is the last remaining sale scheduled in the 2007 – 2012 Outer Continental Shelf Oil and Natural Gas Leasing Program.

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Mexico Oil Available Gas 186

Green Car Congress

JUNE 23, 2023

Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. First oil is targeted for 2028. Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. billion (US$4.8

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Mexico Oil Water Gas 195

Green Car Congress

NOVEMBER 3, 2010

The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three greenhouse gas reduction regulations—called the most stringent in the US—that will reduce global warming pollutants through a regional cap on greenhouse gas emissions. New Mexico Greenhouse Gas Cap-and-Trade Regulation.

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New Mexico Mexico Gas Gas-Electric 225

Green Car Congress

NOVEMBER 1, 2012

Sapphire Energy, a leading producer of crude oil from algae, and Institute for Systems Biology (ISB) announced a strategic partnership to further the research and development of algae biofuels. Today, the company has pioneered much of the science along the algae-to-energy value chain from biology, cultivation, harvest and extraction.

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Commercial Energy Production New Mexico 275

Green Car Congress

DECEMBER 4, 2014

US crude oil proved reserves increased for the fifth year in a row in 2013, a net addition of 3.1 billion barrels of proved oil reserves (a 9% increase) according to US Crude Oil and Natural Gas Proved Reserves, 2013 , released today by the US Energy Information Administration (EIA). Combined, these two states added 21.8

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Oil West Virginia Mexico North Dakota 199

Green Car Congress

DECEMBER 6, 2012

Cobalt International Energy, Inc., an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico.

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Mexico Oil-Sands Gabon Angola 218

Green Car Congress

AUGUST 27, 2012

Sapphire Energy, Inc. announced that the first phase of its Green Crude Farm, a commercial demonstration algae-to-energy facility, is now operational. million gallons per year of crude oil and consist of approximately 300 acres of algae cultivation ponds and processing facilities. Click to enlarge. acre and 2.2

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Commercial Energy New Mexico 2011 357

Green Car Congress

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

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Oil Algeria United States Argentina 281

Green Car Congress

DECEMBER 31, 2022

In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). In 2021, Texas’s annual crude oil and lease condensate proved reserves increased by 12% (1.9

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Oil Gas Alaska New Mexico 259

Green Car Congress

AUGUST 21, 2014

The US Department of the Interior reported that Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the US Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids. The lease sale, which offered 21.6 billion in bid revenues.

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Mexico Sale Obama Mariner 231

Green Car Congress

OCTOBER 22, 2014

A research team led by The University of Texas at Austin has been awarded approximately $58 million to analyze methane hydrate deposits under the Gulf of Mexico. The US Department of Energy (DOE) is providing $41,270,609, with the remainder funded by industry and the research partners. —Carlos Santamarina.

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Mexico Austin Oil-Sands Mariner 294

Green Car Congress

DECEMBER 5, 2013

Noble Energy, Inc. announced discoveries at the Tamar Southwest (SW) exploration well offshore Israel and at the Dantzler exploration well in the Deepwater Gulf of Mexico. At Dantzler, wireline logging data indicates that the well encountered over 120 net feet of primarily crude oil pay in two high-quality Miocene reservoirs.

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Israel Mexico Oil-Sands Energy 186

Green Car Congress

APRIL 25, 2013

The US Department of the Interior will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. The Gulf of Mexico is a cornerstone of the United States’ energy portfolio.

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Oil Texas Obama Gas 240

Green Car Congress

FEBRUARY 28, 2013

Malo PS003 well in the prolific Lower Tertiary trend in the deepwater Gulf of Mexico. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. The facility is planned to have a design capacity of 177,000 barrels of oil-equivalent per day to accommodate production from the Jack/St.

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Chevron Mexico Oil-Sands Louisiana 256

Green Car Congress

AUGUST 25, 2010

The study found that the dominant microbe in the dispersed Gulf of Mexico oil plume was a new species, closely related to members of Oceanospirillales family. Terry Hazen, principal investigator with the Energy Biosciences Institute. SEM and acridine orange stain inset with distance from source.

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Oil Mexico Water Carbon 210

Green Car Congress

APRIL 20, 2013

Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA).

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Saudi Arabia Oil Iraq Venezuela 262

Green Car Congress

OCTOBER 26, 2012

Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau released the final details for an oil and gas lease sale that will offer more than 20 million acres offshore and will make available all unleased areas in the Western Gulf of Mexico Planning Area. Earlier post.).

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Oil Gas Obama Mexico 236

Green Car Congress

MARCH 31, 2010

The Obama Administration will expand oil and gas development and exploration on the US Outer Continental Shelf, while protecting fisheries, tourism, and places off US coasts that it says are not appropriate for development. Energy Security Announcements. Energy Security Announcements. Secretary Salazar.

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Obama Mexico Oil Gas 170

Green Car Congress

MARCH 12, 2010

Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. billion in cash. BP group chief executive Tony Hayward.

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Oil-Sands Oil Azerbaijan Energy 186

Green Car Congress

OCTOBER 28, 2009

Petrobras will be the first company to operate an FPSO (floating oil production, storage and outflow) type platform in the American portion of the Gulf of Mexico (GoM), in the Cascade and Chinook fields. BW Pioneer will be the first FPSO to be deployed in the US Gulf of Mexico and turret moored at the deepest waters ever for an FPSO.

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Mexico Singapore Water Oil 220

Green Car Congress

AUGUST 24, 2018

The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018. Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018.

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2019 Oil Production 2018 236