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Report: Blackbeard leads horizontal drilling resurgence in Central Basin

Permian Basin Oil and Gas Magazine

Hart Energy reported recently that Fort Worth-based Blackbeard Operating is leading a horizontal drilling resurgence in Central Basin platform, “a legacy oil basin that’s drawing industry attention once again.” Blackbeard has drilled more than 225 horizontal wells since 2021Q2.

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U.S. oil imports from OPEC decline while imports from Canada nearly doubles

Permian Basin Oil and Gas Magazine

exceeded those from OPEC for the first time in 2014 and have every year since. oil imports from OPEC decline while imports from Canada nearly doubles appeared first on Permian Basin Oil and Gas Magazine. EIA said total crude oil and petroleum imports from Canada to U.S. EIA said July 7 nearly all crude oil used by U.S. The post U.S.

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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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Oil majors compete for Libya’s first exploration tender since 2011 war

Oil & Gas 360º

Spain’s Repsol in January resumed exploration in the Marzuq basin, joining a growing cadre of producers who’re returning to Libya after a 10-year hiatus. Eni, OMV and bp Plc also restarted drilling last year, ending a pause in place since 2014. The development of its north Jalo field alone would add 100,000 barrels.

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Pipeline planned to supply LNG project receives green light from B.C. regulator

Oil Gas Leads

The pipeline is designed to supply ~2 Bcf/d of natural gas from northeastern B.C. to the Ksi Lisims LNG export terminal proposed near Pearse Island on the West Coast. regulator appeared first on Oil Gas Leads.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

23 “Law 22/1973, of July 21, on Mines,” Official State Gazette, Spain (Boletín Oficial del Estado, BOE), October 17, 2014. The primary storage regions are in the Lusitanian Basin, encompassing the Aveiro and Coimbra clusters, which together emit approximately 7 Mtpa CO 2. Mtpa of CO 2 storage.

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Zephyr Energy announces result of oversubscribed Bookbuild and Posting of Notice of general Meeting

Oil & Gas 360º

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) 596 / 2014 WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (“UK MAR”). basins; A US$100 million commitment from a major U.S. basins; A US$100 million commitment from a major U.S.-based

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