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  • Volume 119, Issue 7
  • Volume 119, Issue 7

    Shell International Ltd.’s iShale well pads and a mini-modular central processing facility (CPF) are powered by large solar panels and wind turbines, which reduce greenhouse gas emissions. The iShale system, pictured here in the Permian basin, includes wells, multiphase gathering systems, and the CPF. Photo from Photographic Services, Shell International Ltd.
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    General Interest

    Oil market recovery stays the course amid risks

    July 5, 2021
    Oil prices have risen sharply with Brent oil prices averaging $64/bbl in 2021 so far and reaching above $75/bbl in mid-June. Prices are supported by a gradual strengthening of...
    Photo from XTO Energy.
    XTO Energy holds more than 1.6 million acres in the Permian basin. The operator plans to increase total daily production of the assets to 1 MMboe by as early as 2024.
    General Interest

    Permian buyers capitalize on recovering market

    July 5, 2021
    The Permian basin proved to be the epicenter of US oil and gas merger and acquisition activity in the past 12 months and deals of all types are potentially on the table for the...

    More content from Volume 119, Issue 7

    General Interest

    Supreme Court rules in favor of refiners on exemptions from renewable fuel obligations

    July 5, 2021
    The US Supreme Court ruled 6-3 June 25 that small refiners can receive exemptions from renewable fuel obligations at any time that they are judged to be enduring disproportionate...
    General Interest

    Supreme Court says PennEast Pipeline can use eminent domain on state property

    July 5, 2021
    The US Supreme Court ruled 5-4 that a pipeline company can use federal eminent domain authority to build a pipeline across state-owned land and private lands where easements have...
    General Interest

    Canadian oil sands production rebounds, growth outlook trimmed

    July 5, 2021
    Canadian oil sands production has fully recovered from last year’s COVID-19 shock—the largest contraction of upstream production in Canadian history—and has exceeded pre-pandemic...
    General Interest

    Pembina partnership seeks to buy Trans Mountain pipeline

    July 5, 2021
    Pembina Pipeline Corp. has formed Chinook Pathways Partnership with the Western Indigenous Pipeline Group to pursue ownership of the Trans Mountain crude oil pipeline. The company...
    General Interest

    Covenant Energy plans renewable diesel refinery in Saskatchewan

    July 5, 2021
    Covenant Energy Ltd. has let contracts to Haldor Topsoe AS and Gas Liquids Engineering Ltd. (GLE) as part of the operator’s plan to advance construction of Canada’s first standalone...
    General Interest

    Rystad: US producers see cost to supply LNG to Asia increase

    July 5, 2021
    upplying LNG to the growing Asian market has become more expensive for US producers this year, according to Rystad Energy. Even so, US exporters are unlikely to repeat last year...
    General Interest

    Indian Oil lets contracts for new units at Barauni, Haldia refineries

    July 5, 2021
    Indian Oil Corp. Ltd. (IOC) has let contracts to McDermott International Ltd. to provide engineering, procurement, construction, and commissioning (EPCC) services for separate...
    General Interest

    Kazakhstan nearing completion of Atyrau project

    July 5, 2021
    Kazakhstan Petrochemical Industries Inc. (KPI) LLP has reached nearly 90% completion of its long-planned integrated gas-to-chemicals complex (IGCC) under construction at the National...
    A dry sand plant is under construction in the Permian basin to reduce transport costs of sand. Massive driers on the left side of the photo dry the sand before it’s tightly screened and loaded into the adjacent towers to be handled at the wellsite (Fig 4).
    Exploration & Development

    Wet sand improves Permian basin supply chain

    July 5, 2021
    Ian WilsonOvintiv Inc.DenverLocal in-field sand supplies have decreased fracture treatment costs in the Permian basin. Further cost reductions are achieved by eliminating sand...
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    Drilling & Production

    Machine-learning AI enhances Permian basin drilling

    July 5, 2021
    Based on “From Science to Practice: Improving ROP by Utilizing a Cloud-Based Machine-Learning Solution in Real-Time Drilling Operations,” SPE/IADC-204043-MS, SPE/IADC International...
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    Refining & Processing

    Infrared scans improve Permian acid-gas removal operations

    July 5, 2021
    Eric TeletzkeBrett RobertsINEOS Americas LLCHoustonIn 2020-21, INEOS Americas LLC was contracted to complete a series of projects to diagnose and provide solutions for issues ...
    Pipelines & Transportation

    Permian transmission pipelines wait for demand to catch up

    July 5, 2021
    The US exported 5.9 bcfd of natural gas to Mexico in March 2021, up almost 10% from a year earlier. A single-day export record of 7.1 bcf was set Apr. 14, with export volumes ...