Halliburton has successfully deployed the industry’s first electric grid-powered fracturing operation. The job, being performed on several pads for Cimarex Energy in the Permian basin, started in November. To date, Halliburton has completed almost 340 stages across multiple wells using utility-powered electric frac pumps that demonstrated consistent superior performance.
Netherlands/Germany: Tulip Oil announces quarterly update
18 Jan 2021
Tulip Oil has announced the latest quarterly update on its oil and gas exploration and production businesses in the
Netherlands and
COVID-19
The Tulip Oil Group and its business partners continue to apply measures in response to the COVID-19 outbreak. Staff continues to work intermittently in the office and from home consistent with prevailing guidelines.
Q10-A development by Tulip Oil Netherlands Offshore
Production was shut in entirely until October 13 to allow for scheduled maintenance of the neighboring P15 platform. Since November, production has benefitted from the successful deployment of the available compression facilities on P15. The Q10-A field produced 142 million standard cubic meters of gas during Q4, compared to 59 million standard cubic meters in Q3. The average realized gas price during Q4 was 14.9 €/MWh and the average realized gas price during Q3 was 6.1 €/MWh. The Company has take
Chevron has announced a Series C investment in San Jose-based Blue Planet Systems Corporation, a startup that manufactures and develops carbonate aggregates and carbon capture technology intended to reduce the carbon intensity of industrial operations.
Porthos, the project for CO2 capture and storage in Rotterdam, is on schedule to store an annual amount of 2.5 million tonnes of CO2 from the industry in empty gas fields beneath the North Sea as from 2024.
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WILLIAMSVILLE, N.Y., Jan. 15, 2021 /PRNewswire/
Eric Lux, Vice President, Rembrandt Charms, has signed with DragonSpeed, joining Christopher Mies, Fabian Schiller, and Devlin DeFrancesco in their bid to capture their first win at this year s 59
th Rolex 24 Hours at Daytona and the third consecutive LMP2 win at the race for the team. Eric is an American Le Mans Series and IMSA Champion and frequent member of the racing endeavors assembled by team owner Elton Julian.
Eric Lux, Rembrandt Charms VP 2021 marks my 18th season competing in sportscars and my 11th Rolex 24 Hours at Daytona. I ve nearly won there on several occasions and for it to become a reality you need the right team, the right car, and the right teammates. I ve known Elton as a teammate, team owner, and friend over the past 10 years, and watched the team s combination of pace and strategy win the Rolex 24 Hours at Daytona last year. I have complete confidence in the team and the outstanding t