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Soaring Methane Emissions Suggest U.S. Oil Production Is Bouncing Back


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Soaring Methane Emissions Suggest U.S. Oil Production Is Bouncing Back
By Irina Slav - Apr 05, 2021, 5:00 PM CDT
U.S. oil production remains about 2 million bpd lower than its pre-pandemic levels. Still, methane emissions are already back to their levels from before the coronavirus. Worrying as this is in itself, it could also threaten energy companies’ long-term growth prospects because investors’ priorities are changing. What investors want from oil and gas now is not just stable returns but a lower carbon and methane footprint.
The Financial Times reported recently, citing data from the Environmental Defense Fund, that methane emissions in the U.S. shale patch had rebounded to pre-pandemic levels already, after dropping sharply as oil and gas production dropped last year amid the pandemic. Methane is a much more powerful greenhouse gas than carbon dioxide, although it dissipates faster in the atmosphere and has recently been garner ....

New Mexico , United States , Martin Heinrich , Environmental Defense Fund , Stall India Oil , Financial Times , Record High , Could Stall India , Senator Heinrich , Irina Slav , புதியது மெக்ஸிகோ , ஒன்றுபட்டது மாநிலங்களில் , மார்டின் ஹென்ரிச் , சுற்றுச்சூழல் பாதுகாப்பு நிதி , விற்பனையகம் இந்தியா எண்ணெய் , நிதி முறை , பதிவு உயர் , முடியும் விற்பனையகம் இந்தியா , செனட்டர் ஹென்ரிச் ,

Permex Petroleum Corporation Expands Its Oil and Natural Gas Royalty Acquisitions into the Permian Basin of New Mexico


Permex Petroleum Corporation Expands Its Oil and Natural Gas Royalty Acquisitions into the Permian Basin of New Mexico
Permex or the
Company) (CSE: OIL) (OTCQB: OILCF) is pleased to announce the expansion of its royalty acquisitions program by purchasing producing royalty interests in (5) horizontal oil and natural gas wells plus four permitted wells located in Lea County, New Mexico.
Major structural features in the region of Permian Basin
Source: U.S Information Administration
https://orders.newsfilecorp.com/files/5999/77310 fd8b947454f97adc 001full.jpg
These properties are located within the Wildcat field of the Wolfbone Shale (Wolfcamp - Bone Spring). Combined these wells have produced an average of 5,455 barrels of oil per day ( BOPD ) and 7.3 million cubic feet of gas per day ( MMCFPD ) over the past five (3) month reported period from completion intervals of 12,939- 23,536 feet. The wells are being operated by COG Operating, LLC of Midland, Tex ....

New Mexico , United States , United Kingdom , Lea County , Bone Spring , British Columbia , Kostenloser Wertpapierhandel , Scott Kelly , Mehran Ehsan , Permex Petroleum Corporation , Neither Canadian Securities Exchange , Us Information Administration , British Columbia Newsfile Corp , Regulation Services Providers , Petroleum Corporation , Wolfbone Shale , Canadian Securities Exchange , Chief Executive Officer , Corporate Secretary , Investor Relations , புதியது மெக்ஸிகோ , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , லியா கவுண்டி , எலும்பு வசந்த , பிரிட்டிஷ் கொலம்பியா ,

U.S. shale oil output to drop 46,000 bpd to 7.46-million bpd in April: EIA


U.S. shale oil output to drop 46,000 bpd to 7.46-million bpd in April: EIA
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U.S. oil output from seven major shale formations is expected to decline by about 46,000 barrels per day (bpd) in April to about 7.46 million bpd, the U.S. Energy Information Administration said in a monthly forecast on Monday.
Output at nearly every formation is expected to fall and the biggest declines are expected to come from the Eagle Ford and Niobrara basins, where production is expected to drop by about 15,000 bpd in each basin compared with March, the data showed. ....

United States , North Dakota , Us Energy Information Administration , Information Administration , Eagle Ford , Top Energy , Us Shale Oil , Us Oil , ஒன்றுபட்டது மாநிலங்களில் , வடக்கு டகோட்டா , கழுகு ஃபோர்ட் , மேல் ஆற்றல் , எங்களுக்கு ஷேல் எண்ணெய் , எங்களுக்கு எண்ணெய் ,

Permian Production Set To Rise Despite Shale Decline


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