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  • Volume 121, Issue 6

    • Volume 121, Issue 6

    June 5, 2023 | ExxonMobil subsidiary XTO Energy Inc.’s F34 Permian tank battery comprises part of its Permian basin natural gas production and distribution network. XTO supports the Oil and Gas Climate Initiative's aim for zero methane emissions and formed a collaboration with Scepter Inc. to detect methane and other GHG emissions using satellites and proprietary data-processing platforms. Source: XTO Energy Inc.
    General Interest

    OGJ Newsletter

    June 5, 2023
    A roundup of General Interest, Exploration & Development, Drilling & Production, Processing, and Transportation news from around the industry.
    General Interest

    Journally Speaking: Innovation, ESG take back seat

    June 5, 2023
    We are not in an age of great Permian basin innovation. You can point to the digital revolution to argue the opposite, but digital technology mostly increases efficiency in existing...
    General Interest

    Editorial: Taking crude to market

    June 5, 2023
    Efforts to make pipelines safer are working. There were fewer serious pipeline incidents and fewer resulting injuries in 2022 than any year since the US Pipeline and Hazardous...
    General Interest

    Mountain Valley Pipeline approval included in debt ceiling bill

    June 5, 2023
    A tentative political deal reached May 27 to raise the federal debt ceiling includes approval for all permitting of the Mountain Valley Pipeline, the long-stalled natural gas ...
    General Interest

    Supreme Court imposes narrower definition of Clean Water Act jurisdiction

    June 5, 2023
    The US Supreme Court ruled May 25 that regulatory agencies must stop trying to extend the reach of their authority under the Clean Water Act beyond federal waters and adjoining...

    More content from Volume 121, Issue 6

    General Interest

    Australian government increases taxes on offshore gas industry

    June 5, 2023
    The Australian government made changes to the Petroleum Resource Rent Tax (PRRT) to increase the tax paid by the offshore LNG industry.
    General Interest

    Court rejects challenges to FERC approval of Alaska Gasline plan

    June 5, 2023
    A federal appeals court has rejected the objections of environmental advocacy groups to the approval given by the Federal Energy Regulatory Commission (FERC) for a proposed natural...
    General Interest

    IEA: Russian exports climb to post-invasion high in April, revenues up

    June 5, 2023
    Russia’s oil exports edged up by 50,000 b/d in April to 8.3 million b/d, the highest level since its invasion of Ukraine, according to the latest assessment from the International...
    General Interest

    DNV: Electricity to power 23% of global transport by 2050

    June 5, 2023
    Electricity’s share in powering transport will grow to 23% in 2050 from 1% today, according to DNV’s latest ‘Transport in Transition’ report.
    General Interest

    Shell exits Browse project with sale to bp

    June 5, 2023
    bp has agreed to acquire Shell Australia’s 27% interest in the proposed $20 billion Browse LNG project offshore Western Australia, adding to its existing 17.33% interest in the...
    General Interest

    Devon sticks to production outlook

    June 5, 2023
    Devon Energy Corp., Oklahoma City, plans to “continue to build this thing for the long haul,” president and chief executive officer Rick Muncrief said May 9 after the company ...
    General Interest

    ConocoPhillips exercises preemption right over Canadian oil sands asset

    June 5, 2023
    ConocoPhillips Canada elected to exercise its preemption right to purchase the remaining 50% interest in the Surmont project from TotalEnergies EP Canada Ltd. and become sole ...
    General Interest

    bp, Howard Midstream receive DOE CCS funding

    June 5, 2023
    bp Corp. North America Inc. and Howard Midstream Energy Partners LLC were among the most recent recipients of US Department of Energy (DOE) carbon capture and sequestration (CCS...
    General Interest

    Talos lowers full year production guidance on operational problems

    June 5, 2023
    Talos Energy Inc., Houston, has lowered its full year 2023 production guidance after experiencing operational problems.
    General Interest

    Callon expands Permian position, exits Eagle Ford

    June 5, 2023
    Callon Petroleum Co., Houston, signed agreements to solidify its Permian basin focus, selling its Eagle Ford assets to fund Delaware basin expansion.
    Getty Images | Sean Hannon 1202344191
    Permian basin operations.
    Drilling & Production

    Permian operators tackle emissions

    June 5, 2023
    Oil and gas companies with Permian basin operations continue to implement strategies to reduce greenhouse gas (GHG) emissions while continuing to supply needed barrels to energy...
    Bradenhead Cementing.
    Drilling & Production

    Bradenhead cementing isolates Permian basin surface casing

    June 5, 2023
    Bradenhead cementing, where pressure is applied to the entire casing string, improves cementing operational efficiency and economic viability.
    Integrated Flow, Geomechanics Modeling Workflow.
    Drilling & Production

    Integrated geomechanical modeling predicts child-well fracture network

    June 5, 2023
    Chevron USA Inc. developed an extended embedded discrete fracture model (EDFM) which combines parent-well flow simulation with updated reservoir stress fields to predict growth...
    Permian Gas Production Change, Apr.-May 2023.
    Pipelines & Transportation

    Permian gas midstream racing to stay ahead of production

    June 5, 2023
    Mounting Permian basin midstream bottlenecks remain a significant concern for the industry, as natural gas production continues to grow despite persistently low prices and continued...
    Ejector Erosion From Wet-Steam Conditions.
    Refining & Processing

    Upgrades extend vacuum distillation ejector systems’ service by decades

    June 5, 2023
    Refinery vacuum distillation units (VDUs) use ejector systems to establish and maintain distillation-column pressure for capturing valuable crude fractions and reducing vacuum...
    Photo from YPF.
    In November 2021, Equinor and partner YPF SA—acting as operator—agreed to invest about $117 million in a new pilot project involving the drilling of 14 horizontal wells and development of associated installations in the northern and central areas of the Bajo del Toro portion of the Vaca Muerta formation in Neuquén basin to determine the area’s resource potential.
    Refining & Processing

    Guide to World Crudes: Equinor issues assay for Medanito crude

    June 5, 2023
    Based on a sample taken Feb. 6, 2023, Equinor ASA published a commercial assay dated Apr. 12, 2023, for Medanito crude oil on Apr. 25, 2023, to better represent the quality of...