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A geothermal energy pilot plant is providing electricity for a remote wellsite. PHOTO SOURCE: Parex Resources
Parex Resources Inc. (TSE: PXT) produces oil and gas from conventional onshore wells in Colombia’s Llanos and Magdalena basins. On the Las Maracas oil field, it is also producing geothermal energy via modular units to generate approximately 100 kilowatts of electricity for powering pumps and other equipment – a lower-cost and emissions-free alternative to bringing in fuel to the remote wellsite.
“Parex is extremely proud of the Las Maracas Geothermal Pilot Project – Colombia’s first geothermal pilot project,” Mike Kruchten, senior vice president for capital markets and corporate planning with Parex, told Rigzone. “The multi-disciplinary team continues to investigate new project opportunities and regions where it can be expanded to a larger scale to broaden the environmental, social, and economic benefits for all of Parex’s stakeholders and the communities wh
Here is a review of some of Rigzone s most viewed downstream-related articles from last week.
Last week, Rigzone’s downstream readers showed particular interest in articles about growth initiatives by a pair natural gas pipeline players – new construction in one case and an acquisition in another. Read on to find out which downstream-related articles garnered the most pageviews on Rigzone last week.
Having won a key approval from the Federal Energy Regulatory Commission (FERC), Enable Midstream Partners (NYSE: ENBL) revealed the contractor bidding process is underway for its Gulf Run natural gas pipeline project. The $540 million conduit in western Louisiana will carry gas from various regions to Gulf Coast demand centers – notably ExxonMobil (NYSE: XOM) and Qatar Petroleum’s Golden Pass LNG terminal in Sabine Pass, Texas. Enable expects the 135-mile (217-kilometer) pipeline to begin service in late 2022.