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billion program of pipeline expansions to carry an additional 400,000 barrels per day (bpd) of light oil from NorthDakota and western Canada to refinery markets in Ontario, Quebec and the US Midwest. Specifics include: NorthDakota System Expansion and Extension. Enbridge Inc. will proceed with a $6.2-billion
NorthDakota crude oil production (including lease condensate) averaged an all-time high of 770,000 barrels per day in December 2012, according to the US Energy Information Administration (EIA). Much of crude oil production in NorthDakota is gathered and transported by truck to railcars leaving the state.
The US Department of Energy (DOE) has awarded an agreement to the University of NorthDakotaEnergy and Environmental Research Center (UNDEERC) to extend a study that will enhance the understanding of factors affecting oil production from the Bakken and Three Forks-Sanish formations within the Williston Basin.
One of two new small (20,000 bbl/d each) refineries being built in NorthDakota broke ground this week, the US Energy Information Administration (EIA) noted in a brief. The Dakota Prairie facility is scheduled to be built in 20 months. Source: EIA. Click to enlarge.
US crude oil production averaged 11.3 million b/d in 2019, according to the US Energy Information Administration (EIA). The production decline resulted from reduced drilling activity related to low oil prices in 2020. The production decline resulted from reduced drilling activity related to low oil prices in 2020.
Quantum Energy, Inc. Bilfinger Westcon is currently constructing a diesel refinery project in Dickinson, NorthDakota expected to be completed around the end of this year. Bilfinger Westcon is currently constructing a diesel refinery project in Dickinson, NorthDakota expected to be completed around the end of this year.
Natural gas production in NorthDakota has more than doubled since 2005, largely due to associated natural gas from the growing oil production in the Bakken shale formation. NorthDakota gas production: marketed, not marketed, and percentage not marketed. Source: EIA. Click to enlarge. (It
The latest monthly update of estimated crude oil production in the Bakken region of NorthDakota 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).
Thermal cracking is a well-known pathway for transforming crop oils (i.e., triacylglyceride oils, TGs) into chemicals that can be used as replacements for petroleum transportation fuels. Energy & Fuels doi: 10.1021/ef200953d. Cyclic hydrocarbons are important for fuel components, chemicals, and polymer precursors.
Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. The calculated relative amounts of well-to-wheels emissions of greenhouse gases from eight different energy sources are shown in the table below. Energy source. NorthDakota. NorthDakota.
Five states (Texas, NorthDakota, 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.
The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Junk-bond debt in energy has reached $210 billion, which is about 16 percent of the $1.3 Junk-bond debt in energy has reached $210 billion, which is about 16 percent of the $1.3 by Nick Cunningham of Oilprice.com.
US crude oil imports during 2011 fell to their lowest level in twelve years and were down 12% from their peak in 2005, as higher domestic oil production and decreased consumption of petroleum products reduced American refiners’ purchases of foreign crude, according to the US Energy Information Administration (EIA).
BNSF Railway (BNSF) has increased capacity in 2012 to enable the railroad to haul one million barrels of oil per day out of the Williston Basin in NorthDakota and Montana. One million barrels of oil per day would represent about 16-17 unit trains of 100 tanker cars each (60,000 barrels per train). Earlier post.).
The NorthDakota Industrial Commission has awarded Tesoro $500,000 to support a $3.5-million million project to study enabling the company’s Dickinson, ND refinery to co-process renewable feedstocks such as vegetable oils such as soy or distillers corn oil into renewable diesel (RD). D5 RINs per gallon.
Engineers at the University of Pittsburgh Swanson School of Engineering are using membrane distillation technology to enable drillers to filter and reuse the produced water in the oil and gas industry, in agriculture, and other beneficial uses. The method is already being tested in Texas, NorthDakota, and most recently in New Stanton, Pa.
The US State Department, which bears the responsibility for approving cross-border energy projects, said that Enbridge can indeed proceed with its plan under authority granted by previously issued permits. million barrels per day of crude oil and liquids. million barrels per day of crude oil and liquids. miles (2.4
The US Geological Survey will update its 2008 estimate of undiscovered, technically recoverable oil and gas in the US portion of the Bakken Formation, an important domestic petroleum resource located in NorthDakota and Montana. —USGS Energy Resources Program Coordinator Brenda Pierce. Source: USGS. billion barrels.
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.
The increase in US crude oil production has outstripped pipeline capacity, resulting in increasing reliance on railroads to move crude oil to refineries and storage centers. US weekly carloadings of crude oil and petroleum products averaged nearly 13,700 rail tankers during the January-June 2013 period. Click to enlarge.
World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.
Exxon Mobil Corporation is acquiring XTO Energy Inc. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. in an all-stock transaction valued at $41 billion.
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
Diversified Energy Corporation has successfully completed several key milestones in an advanced gasification development program being sponsored by the US Department of Energy (DOE) National Energy Technology Laboratory (NETL). Earlier post.). Earlier post.)
United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012. —Ronyld W.
A field test conducted by a US Department of Energy (DOE) team of regional partners has demonstrated that using carbon dioxide (CO 2 ) in an enhanced oil recovery (EOR) method dubbed “huff-and-puff” can help assess the carbon sequestration potential of geologic formations while tapping US oil resources.
Marathon Petroleum Corporation and Enbridge Energy Partners, L.P. of the construction of the Sandpiper Project, which will become part of Enbridge Energy Partners’ NorthDakota System when it is completed. announced that MPC will serve as an anchor shipper for the Sandpiper Project pipeline in the Bakken shale.
The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline for the transport of crude oil from the Canadian oil sands to US refineries. This week, the RFA happened to issue two pieces, each touching on the impact of oil sands production.
NorthDakota-based Red Trail Energy (RTE), which since 2007 has operated an ethanol production facility with annual production of about 60 million gallons per year, is proposing sequestration of CO 2 produced from starch fermentation to lower the overall carbon intensity of the fuel for the California Low Carbon Fuel Standard (LCFS).
The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected 11 research projects that will help find ways to extract more energy from unconventional oil and gas resources while reducing environmental risks for awards totalling $12.4 The selections include $10.3 The selections include $10.3
The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.
The Bakken is a prime US unconventional oil play, and is believed to be one of the largest, if not the largest, oil accumulation in the US. The tight oil is extracted in the same way as shale gas, through horizontal wells and hydraulic fracturing. In the Bakken formation, the oil is extracted from tight carbonate.
The area is one of the largest contiguous deposits of oil and natural gas in the United States, found in NorthDakota and Montana, where energy production has doubled in the past three years. —PHMSA Administrator Cynthia Quarterman. Administrator Quarterman recently visited the Bakken Shale Formation.
billion, including the assumption of debt and the value of the minority interest in Encore Energy Partners LP. The transaction positions Denbury as one of the largest crude oil-focused, independent North American exploration and production companies. Denbury Resources Inc.
A diathermic oil loop acts as heat carrier between turbine exhaust and the working fluid cyclopentane; the working fluid vaporizes and expands in the turbo expander which, coupled with the power generator, produces electricity. The fluid vapor then condenses, closing the loop. The Alliance Pipeline transports approximately 1.6
Oil and gas producers rely on flaring to limit the venting of natural gas from their facilities. Methane—which can be a byproduct of oil production—is a powerful greenhouse gas. Multiple flares observed in operation in the Bakken Formation in the Williston Basin in NorthDakota, 2021.
Summit Power Group, LLC and Blue Strategies, LLC have signed a 15-year CO 2 offtake agreement with Whiting Petroleum Corporation for some of the CO 2 that will be captured by Summit’s Texas Clean Energy Project ( TCEP ), a coal gasification with carbon capture polygen project being developed in Penwell, Texas, outside Odessa. Earlier post.).
Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.
and Enbridge Energy Partners have received shipper support for a $7-billion investment in their Canadian and US mainline system running from Edmonton, Alberta to Superior, Wisconsin. In the US, Enbridge Energy Partners L.P. Enbridge Inc. international border. plans to undertake an approximately $4.2-billion
The EERC technologies convert crop oils to renewable fuels that are essentially indistinguishable from their petroleum-derived counterparts (“drop-in” fuels) and may be commingled directly with refinery production and transported to consumers through the existing pipeline system. Earlier post.) Earlier post.) Diesel Fuel.
have agreed to form Philadelphia Energy Solutions, a joint venture that will enable the historic Philadelphia refinery to continue operating. The refinery, the oldest continuously operating one on the east coast, processes 330,000 barrels of oil per day into various refined products and was scheduled for shut down in August of 2012.
Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.
Much of the US’ new abundant domestic oil and gas supply is being produced from unconventional resources—particularly light sweet crude oil from the Bakken shale in NorthDakota, as well as the Eagle Ford and Permian Basins in Texas. This rapid growth has also created challenges in moving crude oil to market.
Oil prices have climbed by about 50 percent from their February lows, topping $40 per barrel. US oil production has steadily lost ground over the past two quarters, with production falling more than a half million barrels per day since hitting a peak at nearly 9.7 That has sparked a renewed sense of optimism among oil traders.
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