This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
US crude oil production averaged 11.3 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. In January 2020, US crude oil production reached a peak of 12.8 million b/d. million b/d.
General Electric will build a new Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector and bringing products to market faster. At GE, we see a tremendous opportunity in the oil and gas space. —GE Chairman and CEO Jeff Immelt.
The latest monthly update of estimated crude oil production in the Bakken region of North Dakota 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).
The Oklahoma Corporation Commission (OCC) approved a rebate program that enables Oklahomans to receive rebates for the purchase of a. While the rebate program will be offered through Oklahoma Natural Gas (ONG), all Oklahomans are eligible for the rebates.
The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. As is the nature of the junk-bond market, lots of money flowed to companies with much riskier drilling prospects than, say, the oil majors. The situation will compound itself if oil prices stay low.
million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. University of Oklahoma (Norman, OK). ICE Thermal Harvesting (Houston, TX).
Researchers at the Goodyear Tire & Rubber Company have found in their tests that using soybean oil in tires can potentially increase tread life by 10% and reduce the tiremaker’s use of petroleum-based oil by up to seven million gallons each year.
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). In 2021, Texas’s annual crude oil and lease condensate proved reserves increased by 12% (1.9
Five states (Texas, North Dakota, 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. million barrels per day.
Using innovative seismic-based technologies developed with funding from the US Department of Energy (DOE), a Kansas drilling company has discovered an untapped, 10-foot-thick oil zone in a developed Colorado reservoir. discovered the oil zone near Cheyenne Wells, Colo., Mull Drilling Company of Wichita, Kan.,
ExxonMobil Exploration Argentina, jointly with Gas y Petróleo del Neuquén, has discovered oil and gas in an unconventional shale well in Neuquén Province of Argentina. The well was completed in the Vaca Muerta formation and flowed at an average rate of 770 barrels of oil a day on a 12/64 inch choke in its first flow test.
Oklahoma-based oil and gas company SandRidge Energy, Inc. This JV with Repsol puts us on a clear path to bridge the 2012 funding gap with non-debt capital and to execute our three year plan to triple EBITDA and double oil production while lowering our debt to EBITDA ratio. Billion from a previous budget of $1.8
Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4
Keystone XL is a proposed 1,700-mile oil pipeline from the US-Canadian border in Montana, through Cushing, Oklahoma, to refineries on the US Gulf Coast. The US Department of State plans to hold six additional public meetings as part of the permit review process for the proposed Keystone XL pipeline. Earlier post.).
Findings from a study by a team at the University of Oklahoma suggest that the stability of diesel fuel—i.e., The production of ULSD requires extensive processing of crude oil to reduce the amount of sulfur to a maximum of 15 ppm S. Concentrations can range from 0.05% to 14% by weight in crude oils and natural bitumens.
GE Oil & Gas and energy exploration and production company Devon Energy signed a new technology collaboration agreement (TCA) to drive innovations that will enhance the performance and economics of unconventional oil and natural gas projects as the demand for energy grows worldwide.
Partners include Husky, Miliken, the National Renewable Energy Laboratory, Niagra, Oklahoma State University, Under Armor, and Unifi. Iowa State University (Ames, IA) - Modular Catalytic Reactors for Single-Use Polyolefin Conversion to Lubricating Oils from Upcycled Plastics (LOUPs) – DOE Funding: $2,500,000.
and the City of Cushing, Oklahoma announced that Southern Rock Energy Partners, LLC (SREP) has selected Cushing as the site for its 250,000 BPD next-generation, full conversion crude refinery. Cushing is the delivery point for West Texas Intermediate, a blend of US light sweet crude oil streams traded on the New York Mercantile Exchange.
Chesapeake Energy Corporation and Sinopec International Petroleum Exploration and Production Corporation (Sinopec) executed an agreement which provides for Sinopec to purchase a 50% undivided interest in 850,000 of Chesapeake’s net oil and natural gas leasehold acres in the Mississippi Lime play in northern Oklahoma (425,000 acres net to Sinopec).
The Department of the Interior awarded an initial $560 million from the Bipartisan Infrastructure Law to 24 states to begin work to plug, cap and reclaim orphaned oil and gas wells. 1,000-1,200. Mississippi. *. New Mexico. North Dakota. Pennsylvania. West Virginia. Wyoming. **.
Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.
A study by researchers from the University of Oklahoma and the US Naval Research Laboratory has found that biodiesel is easily susceptible to biological degradation by anaerobic bacteria. (b, c, and d) Coupons in biodiesel, at the biodiesel/seawater interface, and in seawater, respectively. Credit: ACS, Aktas et al. Click to enlarge.
Linde has executed a new long term contract with PdV Midwest Refining LLC to supply hydrogen to the company’s CITGO Lemont, Illinois, oil refinery. The hydrogen will be produced by a new plant that Linde is building for CITGO’s production of ultra-low sulfur diesel (ULSD) fuel.
In the United States, the transportation sector accounts for two-thirds of total US oil consumption and about one-third of total anthropogenic greenhouse gas emissions. Ceramatec will utilize an efficient electrochemical deoxygenation process to develop cost-effective technology to separate oxygen from bio-oil.
Stardust Power , a lithium refiner supplying the EV sector, is going to build the US’s largest battery-grade lithium refinery in Oklahoma. The refinery will be in Southside Industrial Park in Muskogee, Oklahoma, southeast of Tulsa, and is expected to be capable of producing up to 50,000 metric tonnes of battery-grade lithium annually.
With the permit from the Fort Worth, Texas Army Corps district added to previously received permits from the Galveston, Texas and the Tulsa, Oklahoma districts, TransCanada is now in a position to start construction of the oil pipeline in the coming weeks. The pipeline cannot be re-started until it is confirmed safe to do so.
In the Permian Basin, approximately one additional barrel of oil can be recovered for each 6,000 cubic feet (6 Mcf) of compressed CO 2 injected into the oil field. In oil fields such as Whiting’s, the injected CO 2 mixes with the oil that is left behind in the primary oil-well production and the secondary water-injection stage.
The US Department of Energy (DOE) announced that the use of an alkaline surfactant polymer (ASP) flooding technique has successfully improved oil recovery at a 106-year old Illinois field by more than 300%. enhanced by additional surfactants, have the capability of mobilizing additional oil. Such surfactants, when. water production.
million to six new projects to develop new technologies, processes, or procedures that could result in improved understanding and management of systemic risk in offshore oil and gas operations. Oklahoma State University. The Gulf Research Program (GRP) of the National Academies of Sciences, Engineering, and Medicine is awarding $10.8
Renewable diesel is a 100% hydrocarbon renewable fuel produced by hydrotreating fats and oils; it can be used in existing diesel engines without modification. REG utilizes Bio-Synfining technology developed and patented by its Synthetic Fuels Division in Tulsa, Oklahoma.
Schematic illustration of the reactions taking place at the water/oil interface in the solid-stabilized emulsions. Researchers at the University of Oklahoma have developed a new family of solid catalysts that can stabilize water-oil emulsions and catalyze reactions at the liquid/liquid interface. Source: Crossley et al.,
CVR Energy will base a revamp of its Wynnewood, Oklahoma, refinery on Haldor Topsoe’s HydroFlex technology to produce approximately 100 million gallons of renewable diesel and more than 6 million gallons of renewable naphtha per year. Topsoe will deliver basic engineering, license, proprietary equipment and catalyst for HydroFlex.
In addition, Chesapeake has sold or entered into purchase and sale agreements with two other companies to sell certain Mid-Continent midstream assets and also expects to enter into a fourth agreement to sell certain oil gathering assets in the Eagle Ford Shale for combined proceeds of approximately $300 million. Jefferies & Company, Inc.
Minimal revving reduces engine wear, oil usage and maintenance, while increasing durability and efficiency. The buses are being built at the IC Bus assembly plant in Tulsa, Oklahoma. This not only improves startability and gradability, but also eliminates excessive noise, heat and vibration associated with constant engine revving.
A primary goal of Fossil Energy’s Oil and Natural Gas Program is to enhance the responsible development of domestic natural gas and oil resources that supply the country’s energy. Ground Water Protection Research Foundation, Oklahoma City, Okla. DOE share: $636,467; recipient share: $179,517; duration 24 months).
plans to study the feasibility of recovering critical minerals from coal and associated strata in the Cherokee-Forest City Basin encompassing Kansas, Iowa, Missouri, Nebraska, Oklahoma and the Osage Nation. DOE Funding: $1,499,817. Other: University of Kansas Center for Research Inc. DOE Funding: $1,500,000.
This Arkansas BCAP project area is sponsored by MFA Oil Biomass LLC, in Columbia, Mo. MFA Oil Biomass and partner Aloterra Energy LLC, operating in Ohio, will continue to coordinate the crop propagations, planting and mitigation and monitoring plan.
The potential benefits of this research range from decreasing oil consumption to increasing options for American farmers. Bartley, University of Oklahoma, Norman. Researchers will rely on advanced genomics techniques to develop breeding and other strategies to improve the crops.
An average of 520,000 b/d of distillate fuel oil was consumed on the West Coast in 2021. Investment in new renewable diesel production capacity has recently grown significantly in the United States because of renewable diesel’s interchangeability with petroleum diesel in existing petroleum infrastructure and because of government incentives.
billion lithium refinery in Oklahoma, which will be one of the largest in the US. January 17, 2024: Stardust Power first announced it would build the USs largest battery-grade lithium refinery in Oklahoma in January 2024. The refinery will be in Southside Industrial Park in Muskogee, Oklahoma, southeast of Tulsa. The post A $1.2B
Researchers at Oklahoma State University are developing a novel natural Gas and Biomass to Liquids (GBTL) technology that will synergistically use biomass (e.g. Bio-oil produced from biomass fast pyrolysis technology can be converted into hydrocarbons; however, this process is challenging due to the instability of bio-oil.
The event that started out as National Plug-In Day has now expanded into National Drive Electric Week. Every year, advocacy group Plug-In America collaborates with the Sierra Club, the Electric Auto Association, and numerous smaller entities to host a national electric-car awareness event. The event is comprised of many dozens of individual.
Energy-Water cohort teams will develop new, energy-efficient processing technologies for industrial (particularly oil and gas) and municipal wastewater. University of Oklahoma, An Innovative Zero-Liquid Discharge Intermediate-Cold-Liquid Eutectic-Freeze Desalination System – $608,333.
AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade. Domestic oil production will rise to 7.5 Biofuels grow at a slower rate due to lower crude oil prices and. A shift to the use of Brent spot price as the reference oil price.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content