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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.

    More content from Volume 121, Issue 6

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