Historically, the word “environmental” in the oil patch has had the connotation of inconvenience, hassle, and extra cost. Today, several things are converging to change that narrative—ESG has made it more necessary and technology has made it more user-friendly. A case in point for the user-friendly side is the category of portable solar power for […]
Cimarron Energy acquires emissions control provider Aereon
Houston-based Cimarron Energy said April 30 it completed its purchase of Austin’s Aereon, global provider of emissions control solutions and services for upstream, midstream and downstream markets. It follows Cimarron’s acquisition last year of Midland’s Hy-Bon Engineering/EDI. Aereon was formed in 2014 by combining Flare Industries and Jordan Technologies. Jeff Foster, CEO, told Midland Reporter […]
Texas LNG receives TCEQ permit for export terminal
Houston-based Texas LNG received a state permit last week for its proposed export terminal at Port of Brownsville. Houston Chronicle said the permit received May 6 from Texas Commission on Environmental Quality had “stricter air pollution standards than the company had previously proposed.” The permit authorizes Texas LNG to produce up to four million metric […]
Industry groups dispute new EDF research on growing emissions
A new study from Environmental Defense Fund and Harvard University released April 22 said methane emitted by oil and gas companies through venting and flaring in Permian Basin continues to grow to record levels. And industry groups such as Texas Methane and Flaring Coalition and Texas Oil and Gas Association continue to criticize the EDF […]
Charting Performances
Permian Break-Even: As Low as $22 a Barrel During the last three years, companies operating in the Permian Basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. Well lateral lengths in the Permian have increased in […]