S&P Global Platts Oil & Gas 360 Publishers Note: If Iraq were able to capture the 30% to 40% discussed in this article, the country would save billions of dollars, and countless lbs of Co2 pollution. As we say on the 360 Digital Closing Bell when covering stories about waste or bad management – “What’s a few billion between friends”.
From Bloomberg America’s hottest oil patch is producing so much natural gas that by the end of last year producers were burning off more than enough of the fuel to meet residential demand across the whole of Texas. The phenomenon has likely only intensified since then. Flaring is the controversial but common practice in which oil and gas drillers burn
Remember the Bakken boom? It may have been subjugated to the backseat behind the Permian with respect to oil industry activity and media coverage, but it’s still producing like crazy. The EIA ranks North Dakota second in the U.S., producing more than 36 million barrels of oil in October 2017. But the oil in North Dakota comes with what was
Wyoming and Montana say rule is outside BLM’s authority, complicates development of resources At the request of Governor Matt Mead, the Wyoming Attorney General’s office has filed a petition for review of final agency action on the “Methane and Waste Reduction” rule promulgated by the Bureau of Land Management (BLM). The State of Wyoming asserts the rule is outside the
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