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Eni announces first production from the Junin-5 giant heavy oil field in Venezuela

Green Car Congress

The well was drilled at a water depth of 976 meters and reached a total depth of 4,107 meters. Junin 5 block in the Orinoco. Source: Eni. Click to enlarge. With the first well on stream, the production start-up was achieved nine months ahead of the approved development plan for Phase 1 (early production phase).

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Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Green Car Congress

The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. This heat causes the nearby hydrocarbons—and any surrounding water molecules—to break apart (thermolysis).Thermolysis, Proton Technologies is commercializing the process.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Water production. Clean water shipped to agriculture (regulated).

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U Calgary study finds oil shale most energy intensive upgraded fuel followed by in-situ-produced bitumen from oil sands

Green Car Congress

Unconventional oil production received a boost recently especially in North and South America with the significant increases in production from oil sands in Canada, tight oil and oil shale in the US, and growth projections of extra heavy oil in Venezuela. … They found that if the energy content of bitumen is taken to be 42.8 Experience I.

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Increase in US rig count will not cap oil prices

Green Car Congress

The following chart shows the figures for the past 19 months since it peaked in October of 2014 at 1,609 and hit the lowest level in years at only 316 in late May, merely 20% of the high water number. He has been writing about the upstream oil and gas industry and energy policy and issues since 1979.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric NZ

There are two main sources of lithium in the world; hard rock mines and brine water. As a result, the struggle for oil resources remains a noticeable factor in many areas of political instability, tension and conflict in the world, notably Iraq, Syria, Nigeria, South Sudan, Libya, Venezuela and the South China Sea.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric NZ

There are two main sources of lithium in the world; hard rock mines and brine water. As a result, the struggle for oil resources remains a noticeable factor in many areas of political instability, tension and conflict in the world, notably Iraq, Syria, Nigeria, South Sudan, Libya, Venezuela and the South China Sea.