The U.S. Could See Record Natural Gas Production In 2022 Rystad Energy’s analysis reveals that the Appalachian Basin was US’ best-in-class in 2020 when it comes to CO2 emissions intensity, and the region is set to report a record-high capital efficiency in 2021, as reinvestment to maintain output will drop to its lowest ever. Meanwhile, […]
The U.S. Could See Record Natural Gas Production In 2022
Haynesville Shale The Haynesville is set to become the largest source of gas output growth in the US, forecast to add about 10 Bcfd from 2020 to 2035, growing by 86% during that timeframe. The region is forecast to account for about 21% of the country’s gas production in 2035, compared to 13% in 2020. […]
Secondary-Tertiary Recovery Methods
Recovery Methods Water Flooding PRIMARY RECOVERY: First stage of hydrocarbon production, in which natural reservoir energy, such as gasdrive, waterdrive, or gravity drainage, displaces hydrocarbons from the reservoir, into the wellbore and up to the surface. The primary recovery stage reaches its limit either when the reservoir pressure is so low that the production […]
Everyday use of Oil and Natural Gas
Thousands of products in our everyday lives are made from or use Oil and Natural Gas. Americans consume oil and gas more than any other energy source by a large margin. According to the EIA, petroleum and natural gas account for 67 percent of U.S. energy consumption and 63 percent of total energy production. Renewables […]
Celebrating 25 Years in Business
Oil posts biggest weekly loss since 2008
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