LongPath Technologies has received a federal loan to develop a monitoring network and conditional approval from the state of New Mexico for use of its system at oil and gas operations.
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Energy demand is forecast to grow as data centers gobble up more electricity and LNG liquefaction capacity comes online in North America, but gasoline demand may peak by 2025, analysts say.
Nabors Industries, in partnership with e2Companies, and, separately, ProPetro Holding Corp., both launched oilfield electrification solutions on Dec. 10.
The SRI International-led project, which received a Department of Energy grant, would use renewable energy to convert CO2 into liquid fuel.
Permian Resources Co-CEO Will Hickey expects more growth in the Delaware Basin thanks to his company’s advantageous cost structure.
Occidental Petroleum CEO Vicki Hollub names emissions and water management as top challenges for Permian operators and an incentive for growth.
Amanda Brock, CEO of Aris Water Solutions, says multiple answers will be needed to solve the growing amounts of produced water generated by fracking.
