Friday, November 22, 2024
U.S oil operators are drilling shale wells faster than fracking them following “record” 2023 production EIA reports- oil and gas 360

U.S oil operators are drilling shale wells faster than fracking them following “record” 2023 production, EIA reports

World Oil (Bloomberg) – Shale operators are drilling wells faster than they’re fracking them. Oil companies added to the number of drilled-but-uncompleted wells, known as the fracklog, last month for the first time in more than a year, according to a report from the US Energy Information Administration on Monday. The tally is a key indicator of near-term crude flows

U.S. CO2 emissions down 17% since 2005 despite 2022 increase- oil and gas 360

U.S. CO2 emissions down 17% since 2005, despite 2022 increase

Oil Price U.S. greenhouse gas emissions rose 1.3% in 2022, reflecting post-COVID economic recovery, but declined 17% since 2005, according to the Environmental Protection Agency’s (EPA) Annual US Greenhouse Gas Inventory (GHG Inventory), released every April. The EPA’s neutral policy report has been released annually since its inception in 1993, in accordance with the Paris Agreement and the United Nations

EQT announces non-operated asset transaction with Equinor- oil and gas 360

EQT announces non-operated asset transaction with Equinor

Oil and Gas 360 PITTSBURGH, April 15, 2024 /PRNewswire/ — EQT Corporation (NYSE: EQT) (“EQT”) announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40% interest in its non-operated natural gas assets in Northeast Pennsylvania, representing approximately 225 MMcf/d of forecasted 2025 net production.  Consideration for the transaction is comprised of $500