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For energy consumers that have flexibility to modify their energy use in response to direction from a utility or the relevant transmission operator (i.e., to reduce load by changing or […] The post FERC’s Enforcement in Demand Response Case a Lesson for Utilities appeared first on POWER Magazine.
This dynamic environment presents both challenges and opportunities for small to mid-sized operators. Themes covered: Current M&A activity Challenges for small and mid-sized operators Where are the opportunities? Themes covered: Current M&A activity Challenges for small and mid-sized operators Where are the opportunities?
To truly harness AIs potential, organizations must effectively manage, store, and process high-scale data while ensuring cost efficiency, resilience, performance and operational agility. At Cisco Support Case Management – IT, we […]
Pipeline giant Williams, owner and operator of the mighty Transco pipeline system, deployed its top executives to speak at last week’s CERAWeek by S&P conference in Houston. The post Williams Made Case at CERAWeek Permitting Reform Urgently Needed first appeared on Marcellus Drilling News. The three made. The three made.
Baker Hughes has a history of successful integrated P&A projects, as well as its innovative portfolio of Mature Assets Solutions with a proven track record of increasing efficiency, accelerating timelines and reducing total operating costs. Planning for Oseberg East is now underway, and the execution is scheduled to begin in 2026.
Although in some cases it is used simply for convenience, such as when operating certain pneumatic tools, in other cases, compressed […] The post Five Energy-Saving Tips for Compressed Air Systems appeared first on POWER Magazine. Compressed air is vitally important to all power plants.
Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations. billion in Phillips 66, last week made the case to the refiners shareholders that Phillips investors' patience has Elliott, which has an investment worth more than $2.5
Transforming operations digitally means implementing dozens of use cases. By linking them together with a robust reference architecture, the digital factory becomes more than the sum of its parts.
said it will be business as usual in its massive Guyana oil field if it loses its arbitration case against Chevron Corp. Chevron agreed to buy Hess for $53 billion in 2023 to gain access to the smaller companys 30% share of Guyanas Stabroek Block, which is 45% owned and operated by Exxon. (World Oil) – Exxon Mobil Corp.
You start by tackling a problem no one likes to talk about — the operational drag created by disconnected processes and paper-based workflows in the oilfield. This is the first of a three-part blog series where we’ll break down how operational efficiency — especially in ticketing and invoicing — directly impacts your bottom line.
Anadarko Basin operations are primarily in Oklahoma (SCOOP/STACK plays), with some assets extending into southern Kansas and the Texas Panhandle in the case of Mach. Ovintiv (OVV) – Oklahoma (Anadarko Basin) Operations Ovintiv (formerly Encana/Newfield) holds significant acreage in Oklahoma’s STACK/SCOOP (Anadarko Basin).
While natural gas keeps hospitals running and factories operating through every season, intermittent sources of taxpayer- subsidized renewable energy simply can’t provide power on scale and on demand. Reliability isn’t optional. Removing natural gas from the equation isn’t a step forward; it’s a blackout waiting to happen.
The SRPMIC Department of Transportation and ZEV have conducted a complete fleet assessment, reviewing fleet operations, vehicle use cases, routes, loads and HVAC requirements. (ZEV) has teamed up with the Salt River Pima-Maricopa Indian Community (SRPMIC) in Arizona to address carbon emissions in the SRPMIC and throughout the valley.
PHMSA oversees the safe operation of our nation’s pipeline system, as well as approximately a million daily shipments of hazardous materials. This reauthorization has now lapsed – meaning that PHMSA is currently afloat, operating off the prior authorization while needed updates go unmade. Pipeline safety must be the top priority.
In a letter sent to President Claudia Sheinbaum and released on Monday afternoon, the association warned that many of these companies may have to stop operations as early as July. The letter did not specify the amounts owned to the group’s members, which include Baker Hughes, Halliburton, Weatherford, SLB Oil & Gas and Grupo Mexico.
Fasken operates wells on the property; the Puig descendants sued Fasken for deducting post-production costs from their royalty. Puig, Jr., as his own property free of cost forever. Said interest hereby reserved is Non-Participating Royalty.
08-23-00218-CV in the El Paso Court of Appeals, PPC Energy operated several marginal wells producing from the Delaware Mountain Group. It sued several disposal well operators in the vicinity for killing nine of PPC’s producing wells, resulting in a total loss of their remaining reserves. PPC Energy , No.
The magnitude of the imbalance forced grid operator PJM and local utility Dominion Energy to scale back output from power plants to protect grid infrastructure and avoid a worst-case scenario of cascading power outages across the region. ” Historically, grid operators have planned for large power plants tripping offline. .
(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. About Prairie Operating Co.
Making big operational changes before spinning off assets can be daunting, but our research indicates that doing so can dramatically improve the odds of deal success.
Operators’ energy costs keep rising, but efficiency measures and organizational change can lower them by 15 to 20 percent in a year, benefiting company profits and the environment.
Identify POIs with superior capacity, streamline siting workflows and increase confidence in project profitability with historical analysis and forward-looking planning case views. 266 renewable projects reached commercial operation in 2024 via Enverus customers. 44% of all U.S. power capacity added in 2024 came from Enverus clients.
But with widely varying service costs across use cases and geography, providers must address operational and service issues to realize that promise. Robo-taxis promise affordable mobility.
The panelists included Carlos Wakim, CEO of Bloom Holding, Mounir Haidar, Managing Partner of LEAD Development, Fuat Kasimcan, Secretary General of Turkish Contractors Association, and Abdulaziz Alobaidli, Chief Operating Officer of Masdar.
During a site visit to rig IDC 59, Khalid Abbas Ali, Head of the First Drilling and Workover Department, explained that well R-839 is the first to be drilled under this contract for Halliburton, which operates under a day-rate system in the BECL-operated field. Drilling operations began on 26 May 2025, targeting the Mishrif formation.
The casing pipe is mandatory in drilling operations as it has a lot of casing functions to prevent cave-in of unconsolidated formations, isolate problem zones, and many more. As mentioned before in our casing design guide, the selection of casing depends on many factors.
The demands facing general and administrative functions are changing, strengthening the case for corporate centers to embrace more flexible operating models.
Agents supercharge operational agility and create new revenue opportunities. That requires an architecture that is modular and resilient and, more importantly, an operating model that centers on humansânot just as users but as co-architects of the systems they will be living and working with.
“Our Mature Assets Solutions experts are well equipped to manage every phase of plug and abandonment and optimize operations to meet Equinor’s well abandonment goals”, Amerino Gatti, executive vice president of Oilfield Services and Equipment at Baker Hughes, said.
Growth in the generative AI era looks like a classic case of âtwo steps forward, one step back.â As companies come to grips with the unique complexities of gen AI, initial progress leads to reversals and redos, in some cases threatening to stop development altogether.
Operators see a marginally positive business case, expect rollout at scale to take until 2022, and don’t think the increase in capital-expense-to-sales ratio will be as big as skeptics claim.
The Challenges of Forecasting for ERCOT ERCOT’s power grid operates in a deregulated market with a diverse energy mix, including significant contributions from wind, solar, and traditional sources like natural gas and nuclear.
Advanced analytics has the potential to transform grocery operations, but many retailers struggle to harness these capabilities to improve performance. Two emerging use cases could point the way.
The current proposed bill, however, would require operators to remit all royalty payments directly to the lessors on behalf of nonparticipating working interest owners prior to well payout, i.e., during the recoupment of costs, and the statutorily authorized risk charge.
They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, our product candidates, commercialization objectives, prospects, strategies and the industry in which we operate.
Another case interpreting a royalty reservation in an old conveyance has been decided by the 11th Court of Appeals in Eastland: Boren Descendants and Mabee Descendants v. Fasken is also the operator of wells on the 60,000 acres. Fasken Oil and Ranch, Ltd. , two consolidated appeals, Nos. 11-22-00365-CV and 11-23-00001-CV.
trillion of value by 2035, delivering 20-30% reduction in operating costs and up to 5% decrease in carbon emissions. In this post we explore how this powerful solution delivers both operational excellence and sustainable business outcomes through intelligent energy management.
Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells.
ha) of operational and storage space for a range of purposes including covered and open storage, marshalling and equipment laydown. The facilitys infrastructure is future proofed to support alternative fuels and shore power, aligning with ABPs commitment to sustainable operations. metric tonnes of CO2e on this operation alone.
This is all the more important when operators have to meet tight deadlines and often with lower budgets and every additional barrel counts. The shared asset scheme enhances supply chain efficiency, enabling operators to access needed components quickly.
Written by Marc Published January 29, 2025 Written by Marc Published January 29, 2025 AI and the Energy Grid: 10 Use Cases for Utilities AI and the energy grid are becoming closely connected as grids grow more complex and electrification increases. One is finding the best possible use case fit.
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