Page 30 - Offshore Technology News Today

A new consortium is pushing for Britain’s decommissioned oil and gas wells to be transformed into test carbon burial sites.

US-based oil and gas-focused investment firm Aethon Energy Management is reportedly considering divesting its acreage in North Louisiana, US.

Neptune Energy is harnessing digital tools to improve efficiency at its operations, as well as lay the groundwork for its upcoming CCS scheme.

OPEC and its allies have stuck to their plans for a moderate oil production increase, raising hopes for lower fuel prices.

A new consortium is pushing for Britain’s decommissioned oil and gas wells to be transformed into test carbon burial sites.

The downstream segment contracts activity an increase in South America in November 2021, with the Argentina at the forefront.

Wyoming witnessed an increase of 1.39% in total oil and gas production to 878,103.43 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.

Lime Rock Resources has acquired properties located in the US states of North Dakota and Texas from Abraxas and a private seller.

UGI-subsidiary UGI Energy Services has agreed to acquire Stonehenge Appalachia, from Stonehenge Energy, for nearly $190m.

Pennsylvania witnessed an increase of 0.56% in total oil and gas production to 3,675,107.36 boe/d in September 2021 when compared with the previous month, according to GlobalData’s USL48 database.