Carbon Dioxide (CO2) Archives - Page 2 of 2

How Trucking will Meet the Looming 2024 Diesel Emissions Standards: Creatively

March 18, 2019

Add a 48-volt hybrid motor, hydraulic lash adjuster, electric EGR pumps From CCJ With each new Greenhouse Gas emissions standard, diesel engine aftertreatment systems get more complex and that’s a trend unlikely to change in the years ahead. Speaking at the Technology and Maintenance Council’s Annual Meeting & Transportation Technology Exhibition in Atlanta Sunday, Eaton’s Director of Technology Planning and

Elk Petroleum’s Grieve CO2 Project Starts Production

April 18, 2018

Elk Petroleum Limited (ticker: ELK) has commenced production on its Grieve CO2 EOR Project. The company said it expects initial gross oil production of 1,100-1,200 BOPD. CEO Brad Lingo commented, “I’m exceedingly pleased to announce the start-up of oil production from the Grieve CO2 EOR project. Reaching this point has been the result of the commitment and dedication of the

$20 Million XPRIZE: International CO2 Competition Leaps to Final Round for 5 Wyoming and 5 Alberta Teams

April 10, 2018

One Alberta team and one Wyoming team will each collect a $7.5 million grand prize Finalist teams are from India, China, Scotland, Canada and the U.S. – competition is sponsored by NRG Energy and Canada’s Oil Sands Innovation Alliance In the final round, five finalists will compete to make use of actual flue gases from a Wyoming power plant. The

Elk Petroleum Updates Aneth Field, Grieve Project

March 21, 2018

Australia’s Elk Petroleum Limited (ticker: ELK) recently released its half-year results and guidance update. The company reported a 44% increase in share price to A$0.095 (March 2018) – this is up from A$0.066 (June 2017). The company reported production of 972,498 BOE, with 1P reserves of 47.5 MMBOE and 2P reserves of 84.2 MMBOE. Elk’s operations are all in the

Denbury: CO2 + Wyoming, Mississippi Acquisitions

June 20, 2017

Denbury Resources Inc’s (ticker: DNR) producing acreage is spread across seven states in both the Rocky Mountain and Gulf Coast regions, with an estimated 254.5 MMBOE of proved reserves, as of December 31st, 2016. Denbury’s primary operational trait is its utilization of CO2 enhanced oil recovery (EOR) methods to increase recovered oil to approximately 50%. The company sources much of

Canada’s Carbon Pricing Isn’t Working – Fraser Institute

May 4, 2017

“Carbon-pricing in Canada doesn’t work the way ivory tower economists envision, and instead has become just another tax,” said Kenneth Green, Fraser Institute’s senior director of energy and natural resource studies and author of Poor Implementation Undermines Carbon Tax Efficiency in Canada. The governments of Quebec, Ontario, Alberta and British Columbia have all implemented forms of carbon pricing (carbon taxes, cap-and-trade).

Elk Petroleum to Acquire Freeport-McMoRan’s Wyoming Gas and CO2 Production Assets

January 4, 2017

Elk secures second largest CO2 supply source in Wyoming for CO2 EOR; profitable production of ~3,400 BOEPD (20 MMSCFD+) Freeport-McMoRan has sold another group of oil and gas assets. Australia’s Elk Petroleum Ltd (ticker: ELK) has entered into a purchase and sale agreement with subsidiaries of Freeport-McMoRan Inc. (ticker: FCX) to acquire all of FCX’s interest in the Madden Gas Field,

U.S. Energy-related CO2 Emissions Lowest Since 1991

October 12, 2016

The EIA released data today showing that U.S. energy-related carbon dioxide (CO2) emissions totaled 2,530 million metric tons in the first six months of 2016. This was the lowest emissions level for the first six months of the year since 1991, as mild weather and changes in the fuels used to generate electricity contributed to the decline in energy-related emissions.

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

A Climate Win for Natural Gas: U.S. Carbon Dioxide Output Plummets

May 9, 2016

Thanks largely to the move by power generators from coal to gas, energy-related carbon dioxide emissions sink to 12% below 2005’s levels: EIA The natural gas industry along with its electric power generation customers have scored a big win for climate change – in the category of carbon emissions reduction. Energy-related carbon dioxide emissions have fallen to a level 12% below 2005’s levels, the EIA

Magellan Targets Recovery of 50 MMBOE at Poplar Dome

May 12, 2015

CO2-EOR a technical success in the Charles formation Magellan Petroleum (ticker: MPET) announced last week that the company’s CO2 enhanced oil recovery (CO2-EOR) pilot project is a “technical success,” according to MPET President and CEO J. Thomas Wilson. The pilot was concluded and proves that it is a technically viable tertiary recovery method in the Charles formation at Poplar Dome,

CNBC: Denbury Resources CEO on CO2 EURs from EnerCom in Denver

August 28, 2014

Denbury Resources President and CEO Phil Rykhoek appeared on CNBC’s Mad Money from EnerCom’s The Oil & Gas Conference in Denver to discuss the company’s growth and income strategy. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information

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