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EIA: North Dakota oil production reached new high of 770K bpd in 2012; transported by trucks and railroads

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North Dakota 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 North Dakota is gathered and transported by truck to railcars leaving the state.

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Pitt engineers using membrane distillation to recycle water used in fracking and drilling

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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.

Water 303
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New USGS oil and gas assessment for Bakken and Three Forks formations boosts estimates of recoverable oil two-fold, natural gas three-fold

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The United States Geological Survey (USGS) released an updated oil and gas resource assessment for the Bakken Formation and a new assessment for the Three Forks Formation in North Dakota, South Dakota and Montana, resulting in a two-fold increase in the estimated technically recoverable oil, and a three-fold increase in estimated natural gas.

Oil 257
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Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

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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.

Oil 261
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First application of GE ORegen organic rankine cycle waste heat recovery system at Alliance Pipeline Compressor Station in Alberta

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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

Waste 255
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DOE to award up to $12.4M to 11 projects focused on shale gas and enhanced oil recovery

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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 million in federal funds.

Oil 225
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API: US petroleum demand edges up in May

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Weak growth in the United States, stubborn unemployment, and a world economy doing little better than treading water are contributing to this. Imports of crude oil and refined products fell in May by 10.4% Imports of crude oil declined in May by 1.3% Domestic crude oil production rose by 8.5% Jet fuel demand rose in May.