Newfield Exploration Co. (NYSE: NFX) broke ground on a multimillion dollar water recycling facility in Oklahoma’s Stack Play within the Anadarko Basin,...
THE WOODLANDS, Texas — Newfield Exploration Company, in conjunction with the Company’s participation in this week’s Scotia Howard Weil Energy Conference, has...
Removing the word “shale” from the state’s existing Shale Reservoir Development Act A 2016 State Chamber study demonstrated 3 key facts about...
Gastar Exploration has expanded its presence in the STACK play of Oklahoma by increasing its stake in a set of wells and...
White Star Petroleum, LLC announced today that it has acquired approximately 30,500 net acres in the Mid-Continent region in two transactions with...
Apache Corporation (NYSE: APA) continues to work through proving out its Alpine High oil discovery in west Texas’ Permian Basin that it...
All oil fields see their production levels deplete as they age. Shale wells infamously suffer from exponential decline, with their production rates...
Marathon Oil Corp.(NYSE: MRO) has agreed to sell off its Canadian oil sands business for $2.5 billion, and buy 70,000 net acres...
Oil Falls as Rigs Rise The oil market had remained stable the past few months, with prices moving little and hovering between $51 to...
It’s likely many of you are following activity in Oklahoma’s Sooner Trend Anadarko Basin Canadian and Kingfisher counties (STACK) play with keen...
Reuters - BP (BP.L) on Wednesday launched its first plant processing renewable gas from landfill since its $4 billion acquisition of the largest U.S. biogas producer Archaea Energy last December.
The renewable natural gas (RNG) plant in Medora, Indiana, can process 3,200 cubic feet of landfill gas per minute (scfm) into RNG – enough gas to heat around 13,026 homes annually, BP said.
Landfill gas, a natural byproduct of the decomposition of waste, is a form of greenhouse gas.
The plant, located near a landfill owned by Rumpke Waste and Recycling, captures gas and converts it to electricity, heat, or renewable natural gas.
The plant's technology is modular, meaning it can be replicated and deployed faster than previous technologies, BP said.
"This is a powerful step forward in our net zero journey to capture landfill emissions and provide customers with lower emission, lower carbon fuel," Starlee Sykes, CEO of Archaea Energy, said in a statement.
Reuters - The Russian state's oil and gas revenues rose by around 15% in September, month-on-month, to 739.9 billion roubles ($7.44 billion), finance ministry data showed on Wednesday, thanks to a rise in proceeds from the mineral extraction tax.
Revenues from oil and gas sales, crucial for Russia's commodity-oriented economy, were also up 7.5% compared to the same month in 2022.
This was broadly in line with Reuters' preliminary calculations.
Oil and gas revenues in the entire January-September period declined by 34.5% to 5.576 trillion roubles, year-on-year.
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