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Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. The area will be offered to industry again in 2016 under the current Five Year Offshore Oil and Gas Leasing Program.
New Mexico Governor Michelle Lujan Grisham announced that the state will move to adopt the Advanced Clean Cars and Advanced Clean Trucks rules, which will set annual targets for the sale of new zero emission cars and trucks in New Mexico over time.
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. billion cash. The price represents a premium of. Earlier post.).
and Mexico’s Ministry of Environment and Natural Resources Undersecretary Rodolfo Lacy and Mexican National Forestry Commission Director General Jorge Rescala Pérez signed an agreement to help reduce greenhouse gas emissions (GHGs). Strengthening fuel and truck efficiency standards and supporting green freight initiatives.
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. BOEM estimates the proposed sale could result in the production of approximately 1 billion barrels of oil and 4 trillion cubic feet of natural gas. billion in high bids.
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. Methane hydrate—natural gas trapped in an ice-like cage of water molecules—occurs in both terrestrial and marine environments. Click to enlarge.
This field is located in the Walker Ridge area in the US Gulf of Mexico (GOM), at a water depth of approximately 2,900 meters (9,500 feet). This development will host the deepest floating, production, storage and offloading (FPSO) unit in the world and will be Shell’s first FPSO in the Gulf of Mexico.
Shell has begun production from the Mars B development through Olympus—the company’s seventh, and largest, floating deepwater platform in the Gulf of Mexico. Combined future production from Olympus and the original Mars platform is expected to deliver an estimated resource base of 1 billion barrels of oil equivalent (boe).
Audi’s e-gas plant. Audi has opened its e-gas plant in Werlte, making it the first automobile manufacturer to develop a chain of sustainable energy carriers. The Audi e-gas plant, which can convert 6MW of input power, utilizes renewable electricity for electrolysis to produce oxygen and hydrogen. Components of the e-gas plant.
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.
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
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 The lease sale, which offered 21.6
Shell Offshore, a subsidiary of Shell plc, has started production at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). Vito is Shell’s 13 th deep-water host in the Gulf of Mexico. Shell is the leading operator in the US Gulf of Mexico for oil and gas production.
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. The most recent sale in the Western Gulf of Mexico Planning area, Western Gulf of Mexico Sale 218, took place on 14 December 2011.
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.
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). Alaska had the largest increase in proved reserves of natural gas in 2021 (173%, 63.3
liter TFSI engine developing 81 kW (110 hp) can be operated using either natural gas, e-gas generated by Audi ( earlier post ) or gasoline. In pure e-gas mode, using the Audi e-gas fuel card, the g-tron is CO 2 -neutral, Audi says. kilograms of gas per 100 kilometers. Audi A3 g-tron. Click to enlarge. Earlier post.)
Royal Dutch Shell plc (Shell) made a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. With an FPSO, tankers will transport oil from the Stones FPSO to US refineries, and gas will be transported by pipeline.
Increased production in the Permian region and, to a lesser extent, in the Federal Offshore Gulf of Mexico (GOM) drives the forecast growth in production. Producers currently flare some of the natural gas they produce. EIA based the forecast on expectations of crude oil prices and infrastructure capacity additions. million b/d in 2023.
In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. This is BP’s third discovery in recent years in the emerging Paleogene trend in the Gulf of Mexico, following Kaskida in 2006 and Tiber in 2009. Click to enlarge. Click to enlarge. —Joseph H.
Shell announced its third major discovery in the Norphlet play in the deep waters of the Gulf of Mexico with the successful Rydberg exploration well. After more than 10 years of exploration activities in the Eastern Gulf of Mexico, Shell continues to lead industry in exploring this Jurassic play.
More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. However, about 78% of the total production was found to be beneath that average. 900 kgCO 2 e/boe. 70 kgCO 2 e/boe.)
Chevron announced that crude oil and natural gas production has begun at the ultra-deepwater Jack/St. Malo project in the Lower Tertiary trend, US Gulf of Mexico. Malo fields are among the largest in the Gulf of Mexico. Earlier post.) The Jack and St.
Shell has begun production from the Stones development in the Gulf of Mexico. The host facility for the world’s deepest offshore oil and gas project is a floating production, storage and offloading (FPSO) vessel. miles) of water. miles) of water.
The Proposed Final Program offers 11 potential lease sales in four planning areas—10 sales in the portions of three Gulf of Mexico Program Areas that are not under moratorium and one sale off the coast of Alaska in the Cook Inlet Program Area. The vast majority of US offshore oil production occurs in the Gulf of Mexico.
Partners include the New Mexico Consortium, University of Maryland, and the National Institute of Standards and Technology Center for Neutron Research. The most challenging issue facing the shale energy industry is the very low hydrocarbon recovery rates: less than 10% for oil and 20% for gas.
Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. Trion is located in a water depth of 2,500 meters, approximately 180 km off the Mexican coastline and 30 km south of the Mexico/US maritime border. First oil is targeted for 2028.
Following final approval from the Surface Transportation Board (STB), the transaction will combine the two railroads to create the first rail network connecting the US, Mexico, and Canada. Joining seamlessly in Kansas City, Mo.,
As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership. 50% clean power target.
Ford Motor Company became the first automaker to join a voluntary greenhouse gas reporting program recently established in India. The company already participates in similar programs in the United States, China, Canada, Mexico, Brazil and Argentina.
Production is now underway from the Cardamom development, the second major deep-water facility Shell has brought online in the US Gulf of Mexico this year, following the start-up of Mars B in February. Oil from the Cardamom subsea development (100% Shell) is piped through Shell’s Auger platform.
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). North Dakota’s proved oil reserves surpassed those of the federal offshore Gulf of Mexico for the first time in 2013. Tcf in Pennsylvania and 8.3
Using Emerson’s programmable logic controller and edge control technologies, remote monitoring and Microsoft Azure IoT Suite, the unmanned, fully autonomous skids will operate and be monitored remotely from BayoTech’s Albuquerque, New Mexico headquarters.
Tesla landed on a large plot of land in Santa Catarina, Mexico, in the State of Nuevo Leon, for its first Gigafactory in the country. However, the property was almost a Six Flags amusement park well before Tesla had even thought about Mexico, before it had built a Model 3, and before it was even financially stable.
These should be traveling the world’s oceans by the end of 2023, serving the North American route between Emden in Germany and Veracruz in Mexico. The liquid gas-powered car carriers require no modification to be able to run on alternative non-fossil fuels such as biogas, e-gas from renewable sources and biodiesel.
Mexico can increase the use of renewable energy in its energy mix from 4.4% The scale-up of renewables can drive diversification in Mexico’s energy supply, potentially reducing coal demand by 62%, natural gas by 21% and oil by 6% in 2030, compared to what current policies would achieve. —Adnan Z.
Architecture Lead Lead the architectural scope of Gigafactory Mexico; responsible for developing architectural design packages for permitting and construction Review and develop designs that are cost-effective, constructible, code compliant while meeting Tesla’s quality and schedule requirements.
BP announced a major breakthrough in seismic imaging that has identified more than 200 million barrels of additional resources at BP’s Atlantis field in the deepwater Gulf of Mexico. The subsurface property models that are created by FWI are used to create high quality and high resolution images of oil and gas reservoirs.
The Hadrian South development consists of two subsea natural gas wells and a 12-kilometer subsea tieback to the Lucius field FPSO. million cubic feet of natural gas per day (50 thousand barrels of oil equivalent per day). The Lucius platform can accommodate output from Hadrian South of 8.5
Ultra-HP/HT wells are currently being drilled in the Gulf of Mexico, on the shelf and in deep water. A good example is the Haynesville shale gas play where one E&P Company has completed more than 300 HPHT wells, he noted. HPHT reservoirs drive new technology requirements in a number of ways.
Electrochaea employs a patented biocatalyst (BioCat) to convert low-cost and stranded electricity and CO 2 into pipeline-grade renewable gas. This gas can be directly injected into the existing natural gas grid or used immediately. In August, Electrochaea announced it was receiving an EU grant of €2.5
Tesla Gigafactory Mexico is expected to take longer to build because the company is working on a new production line for its $25k compact car. Governor Samuel García Sepúlveda recently announced that Tesla Gigafactory Mexico would take around 12 to 15 months to build–longer than it took Tesla China to build Giga Shanghai.
Department of Energy (DOE) selected 16 projects to receive nearly $25 million in federal funding for cost-shared projects to advance natural gas infrastructure technology development. AOI 2: Process-Intensified Technologies for the Upcycling of Flare Gas into Transportable, Value-Added Products.
Map of basins with assessed shale oil and shale gas formations, as of May 2013. The report also estimates technically recoverable shale gas resources of 7,299 trillion cubic feet—10% higher than an estimate in an earlier 2011 report on recoverable shale gas resources. Source: US EIA. Click to enlarge. Report terminology.
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