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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 oilsands leases in Alberta, Canada. billion in cash. BP group chief executive Tony Hayward.
Growth of production of Canadian oilsands. The Canadian oilsands are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian OilSands Dialogue. The Role of Canadian OilSands in US Oil Supply”.
An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oilsands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% to 9.3%) from a 2010 baseline, depending upon the supply scenario.
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. In the Gulf of Mexico, Total also holds a 33.3%
Chevron Corporation has sanctioned development of its $4-billion Big Foot project in the deepwater US Gulf of Mexico. Big Foot will be Chevron’s sixth operated facility in the deepwater Gulf of Mexico and located approximately 225 miles (360 km) south of New Orleans, Louisiana, in water depths of 5,200 feet (1,600 m).
Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oilsands using different production processes relative to gasoline produced from reference crudes. The proposed Project is not likely to impact the amount of crude oil produced from the oilsands. Click to enlarge.
Exxon Mobil has started production at its Kearl oilsands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).
In mid-December 2013, BP announced its discovery in the Gila prospect, its latest in the Paleogene in the deepwater US Gulf of Mexico. BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras. Click to enlarge.
announced discoveries at the Tamar Southwest (SW) exploration well offshore Israel and at the Dantzler exploration well in the Deepwater Gulf of Mexico. The well encountered high-quality reservoir sands, with per well productivity anticipated to be approximately 250 million cubic feet of natural gas per day. Noble Energy, Inc.
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oilsands, either diluted or upgraded). oil shale), and refinery gain. OPEC oil producers are the largest source of additional liquid fuel supply between 2010 and 2040.
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. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.
Geologic storage is currently focused on five types of formations:(1) depleted oil and gas reservoirs, (2) deep saline formations, (3) unmineable coal seams, (4) oil- and gas-rich organic shales, and (5) basalts. New Mexico Institute of Mining and Technology (Socorro, N.M.)
The cylinder head has integral cast oil passages that feed a set of internal oil control valves that activate cam phasers, enabling variable valve timing. It allows an outstanding balance of smooth torque delivery over a broad rpm range, high specific output and good specific fuel consumption. Piston head and oil cooling jet.
As a kid in the ’80s, I loved climbing the massive sand dunes at nearby Jockey’s Ridge State Park and fishing at Cape Hatteras. For a more ornate option, Arquiste ’s Friend of the Night candle is encased in a Michoacán enameled clay vase designed with two Mexico City-based studios, Marva and Surco.
In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.
The new Ecotec portfolio will include 11 engines, with three- and four-cylinder variants ranging from 1.0L —including turbocharged versions—and power ratings ranging from 75 horsepower (56 kW) to 165 horsepower (123 kW), and torque ranging from 70 lb-ft (95 N·m) to 184 lb-ft (250 N·m).
Variable-flow oil pump enhances efficiency. Piston-cooling oil jets contribute to optimal performance, efficiency and refinement. That helps ensure the oiling system maintains full pressure during extreme driving conditions. A die-cast aluminum oil pan contributes additional structural strength. turbo and Ecotec 1.5L
Driving range will no longer be an obstacle, because customers will be able to plug their cars into charging units in any of the 500,000 charging spots in Israel. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil. No more Big OIL - think of the extra money stimulating the economy!
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