Thursday, June 12, 2025
Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production - oilandgas360

Rystad Energy: potential US fraccing ban would have little immediate impact on nationwide oil and gas production

Oilfield Technology From a valuation perspective, a fraccing ban would theoretically affect the full acreage potential and hence negatively impact the total portfolio value for some E&Ps. Rystad Energy research indicates that as much as US$36.5 billion in upstream asset value could be lost in Delaware New Mexico alone. Recent analysis conducted by Rystad Energy suggests that if the fraccing

U.S. crude oil production efficiency continues to improve - fig 1- oilandgas360

U.S. crude oil production efficiency continues to improve

EIA U.S. tight oil production increased in 2017, accounting for 54% of total U.S. crude oil production, in part because of the increasing productivity of new wells. Since 2007, the average first full month of oil production from new wells in regions tracked by EIA’s Drilling Productivity Report (DPR) has generally increased. These growing initial production rates have helped tight oil production

Shipping Lines turn to LNG-Powered Vessels - oilangas360

Shipping Lines Turn to LNG-Powered Vessels, But They’re Worse for the Climate

Inside Climate News Oceangoing ships powered by liquified natural gas are worse for the climate than those powered by conventional fuel oil, a new report suggests. The findings call into further question the climate benefits of natural gas, a fuel the gas industry has promoted as a “bridge” to cleaner, renewable sources of energy but is undermined by emissions of

Altus Midstream first to implement new Honeywell UOP technology - oilandgas360

Altus Midstream first to implement new Honeywell UOP technology

Hydrocarbon Engineering Oil & Gas Publishers Note: We are seeing that investors are demanding returns in months rather than years. The proper use of technology in the Energy, Oil and Gas, Renewable markets is critical in lowering CapEx. Honeywell has recently announced that Altus Midstream has implemented OrtloffTM SRX technology from Honeywell UOP at its Diamond Central cryogenic gas processing complex,