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EPA proposes giving Texas authority to oversee CO2 injection permits

Oil & Gas 360º

The planned approval comes amid concerns by some landowners and environmental groups that pumping CO2 into the ground could harm their groundwater and exacerbate earthquakes and old oil-well blowouts already happening in the Permian Basin as Texas struggles to manage wastewater disposal, for which it already has oversight authority.

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

Rextag

Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005. Record Depths: By 2005, rigs operated at depths exceeding 1,500 meters, using dynamic positioning systems and cutting-edge blowout preventers. Production Gains: Deepwater drilling accounted for 15% of U.S.