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Texas Supreme Court rules produced water belongs to mineral lessee

Permian Basin Oil and Gas Magazine

The four leases were granted by two surface owners, the Colliers, between 2005 and 2014, and COG drilled 72 horizontal wells that generated nearly 52 million barrels of produced water. The post Texas Supreme Court rules produced water belongs to mineral lessee appeared first on Permian Basin Oil and Gas Magazine.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. Power generation is not included. percent, dropping to around 0.8 3 Assuming a 4.3

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Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

The name Adura is “rooted in their [the companies] respective heritage and focused on shaping the future of the basin in the years ahead”, Equinor explained. “Adura is expected to produce over 140,000 barrels of oil equivalent per day in 2025”, Equinor said. Shell will contribute its 27.97

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Colombia’s GeoPark appoints Felipe Bayon as its new CEO

Oil & Gas 360º

He is a proven and disciplined dealmaker who brought Ecopetrol into the unconventional Permian basin in the U.S. including his tenure as CEO of Pan American Energy , one of the leading private hydrocarbon producers in Argentina, from 2005 to 2010. in partnership with Oxy a project that grew from 0 to ca. and the U.K.,

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The heart of the US oil boom is slowing

Oil & Gas 360º

But even in the mighty Permian Basin, which turned the United States into the worlds biggest oil producer, resources eventually deplete. According to a survey of oil companies by the Federal Reserve Bank of Dallas, this break-even point is around $61 per barrel in the Midland Basin, the heart of the Permian, and $65 for the region as a whole.

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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

By 2005, analysts predicted the Bakken contained 4.3 billion in profit in 2005, the highest ever recorded by a corporation. By 2005, ExxonMobil produced over 4.1 By 2005, Halliburton serviced over 40% of the U.S. million barrels of oil equivalent by 2005. shale revolution. ExxonMobil Achieved $36.1

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Why predictions of “peak oil” are always wrong: The mirage of “peak oil” in America

Oil & Gas 360º

Apparently, peak oil is back in vogue, like it’s 2005 instead of 2025. The Permian basin has become one of the most productive oil fields in the world, Fig. Additionally, there’ve been reports that the Permian basin holds more than 230 Bbbl of oil and 600 Tcf of natural gas. The Texas success story. 6 This is more than 5.6

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